As some production companies notify their Oklahoma royalty owners of intentions to shut in some wells in the state, Permian Basin owners in West Texas are getting similar notifications from Concho Resources. The Texas company says it is shutting some output in response to the collapse in crude prices and explains that others are …
Another round of large producing wells and single-pad operations was reported this week to Oklahoma Corporation Commissioners including a Chaparrel series of wells with 2,600 barrels of oil a day in production. Chaparral Energy LLC filed reports on two Greenback 1307 wells located at 26 13N 7W in Canadian County and their combined production …
Completion reports filed on April 14, 2020. CANADIAN COUNTY Chaparral Energy Llc Mississippi(9425): Oil 626 Gas 1484 Water 1701 Flwg 26 13N 7W Greenback 1307 5umh-35, March 03, 2020 HH, OIL, TD: 14505 ft Lat: 35.56643, Long: -97.90888 API: 35017255530000 Chaparral Energy Llc Mississippi(9745): Oil 986 Gas 3442 Water 1722 Flow 26 13N 7W Greenback 1307 1lmh-35, March 04, 2020 HH, OIL, TD: 14875 ft Lat: …
Permits to drill issued on April 14, 2020. permits: none were processed today
Members of the Oklahoma Energy Producers Alliance, who filed a request last Friday asking the Oklahoma Corporation Commission to adopt a mandated production of crude oil in the state will get a hearing next month. With oil prices in the low $20 range and some companies shutting-in wells, that is stopping the production of oil, …
Texas regulators spent Tuesday hearing calls for the state to forcibly reduce oil production while others in the oil and gas industry argued against it. The Texas Railroad Commission heard testimony from those for and against the issue and it came only a few days after OPEC struck a deal to reduce oil …
Devon Energy’s sale of its Barnett Shale assets in North Texas was increased by $170 million under an amended contract with Banpu Kalnin Ventures. Under the amended terms, Devon has agreed to sell its Barnett Shale assets to BKV for up to $830 million of total proceeds, consisting of $570 million in cash at …
** Murphy Oil Corporation will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, May 7, 2020 to discuss first quarter 2020 earnings. The company plans to release its financial and operating results before the market opens that morning. ** Plains All American Pipeline, L.P.and Plains GP Holdings announced they will …
Oklahoma Treasurer Randy McDaniel isn’t optimistic as the number of shut-in oil wells in the state is growing and will have a downside to the gross production tax revenue. In a statement to OK Energy Today, which reported shut-in wells begun by two Texas companies with dozens of operations in Oklahoma, McDaniel said producers are …
A new report detailing the 20 “most endangered” rivers in the U.S. was released this week showing the upper Mississippi and lower Missouri rivers were in the top category. No rivers in Oklahoma, Texas, New Mexico and Colorado were on the list while the Missouri river that brushes northeast Kansas was part of those determined …
