Devon has cut its cap-ex amidst the oil price war. So has ONEOK and Murphy Oil and Dallas-based Matador Resources. More companies are making similar moves. Others in the oil-rich Permian Basin are following suit as oil tumbled into the $30 to $31 a barrel range. Some observers say most companies will likely go into …
Oil and gas regulators in Colorado are seeking an $18 million fine against Kerr McGee, a subsidiary of Anadarko Petroleum which was later bought by Occidental Petroleum and accused in a 2017 explosion that killed two men and burned a woman in Firestone, Colorado. Occidental stands accused of failing to follow state laws for pipeline …
The wells haven’t been startling producers, but the efforts of Oklahoma City-based BCE-Mach LLC are evident in northwestern Oklahoma. The company is exploring the Mississippi Lime as promised two years ago. Since late February, the company has filed completion reports on at least 20 horizontal wells in Alfalfa and Woods counties. The largest producer …
Oklahoma’s SCOOP has yielded three single-pad wells producing more than 1,600 barrels of oil a day for Houston-based EOG Resources Inc. The company filed completion reports this week for three Candi 1411 wells at 23 8N 4W, a site located two miles northeast of the city of Blanchard in McClain County. Each had a …
Completion reports filed on March 12, 2020. ALFALFA COUNTY Bce-mach Llc Mississippian(5450): Oil 83 Gas 314 Water 1443 Gaslift 14 26N 11W Wampler 14-26-11 4h, April 03, 2019 HH, OIL, TD: 10340 ft Lat: 36.72508, Long: -98.34471 API: 35003233620001 Bce-mach Llc Mississippian(5450): Oil 83 Gas 314 Water 1443 Gaslift 14 26N 11W Wampler 14-26-11 4h, April 03, 2019 HH, OIL, TD: 10340 ft Lat: 36.72508, Long: …
Permits to drill issued on March 12, 2020. Carter County SEVSU #71, March 12 2020 07 2S 3W CSESWSE API: 01904677 Lat: 34.39705016684736, Long: -97.54826180557946 HARMON C E OIL INC SH, RE, 7055 ft, PONTOTOC(1380), HOXBAR(2940) Garvin County ELMORE SWD #1, December 23 2019 33 2N 2W NWNESESE API: 04925208 Lat: 34.597181818415685, Long: -97.40670857223114 S & S …
Tulsa-based ONEOK Inc. on Thursday did what other energy companies involved in oil and gas exploration have done—cut its 2020 growth capital guidance because of the oil price war. It also suspended several of its oil and gas ventures. The company cut its cap-ex budget by $500 million and said it expected expenditures for …
The Oklahoma Energy Producers Alliance (OEPA) elected David Little of Ardmore to serve as president at its March board meeting. Little is the president of Kingery Energy, a small-business independent producer with operations across Oklahoma. Little succeeds Mike Cantrell, a long-time oil industry leader from Ada. Little is one of the founding board members …
Oklahoma congressman Kevin Hern was among several Republican members of the House Natural Resources Subcommittee on Indigenous Peoples who boycotted a hearing that Democratic leadership refused to stop because of the coronavirus. Hern and the others were upset because tribal leaders who were directly affected by the hearing on Arizona’s Resolution Copper project could …
The head of Denver’s Liberty Oilfield Services says he fully expects oil and gas producers to cut back operations in Colorado over the fears of the spread of coronavirus and the oil-price war. Chris Wright, CEO of Denver-based Liberty Oilfield Services, said it’s too early to know how the low prices will affect the industry …
