Completion reports filed on October 15, 2020. CRAIG COUNTY Neok Production Company Llc Woodford: Pump Arbuckle(1016): Oil 0.25 Water 15 Pump 18 27N 19E F Hartley 22-18b, September 23, 2019 SH, OIL, TD: 1025 ft Lat: 36.82444, Long: -95.31506 API: 35035215690000 HUGHES COUNTY Calyx Energy Iii Llc Mayes(4889): Gas 9843 Water 5422 Flow 14 8N 12E Hamilton 4-14-2wh, April 07, 2020 HH, GAS, TD: …
2020 archive
Permits to drill for October 15,2020
Permits to drill for October 15, 2020. permits: none were processed today
Conoco Closing in on Concho in Year’s Biggest Oil Deal
The possible acquisition of Concho Resources Inc. by ConocoPhillips could come as soon as Monday according to a report by Bloomberg. If so, it could be the largest shale industry deal since the collapse in energy demand earlier in the year. The companies are reported to be finalizing the terms of a transaction and …
Natural gas price prediction – prices rise on cold weather forecast
Natural gas prices moved higher on Friday as colder than normal weather is expected to cover most of the mid-west for the next two weeks. This cooler weather will be offset by warmer than normal weather which is expected to cover the entire east coast. The number of natural gas rigs increased by one …
U.S. oil majors pitch more campaign cash to Democrats as frack battle looms
The two largest U.S. energy firms, Chevron Corp and Exxon Mobil Corp, have increased their share of campaign donations to Democrats this year, according to latest filings, amid a looming battle over fracking. Reuters reported the vast majority, 85% of all oil and gas donations this election, have flowed on behalf of U.S. President …
Who might end up in bankruptcy court?
Investment analysts who sort through the financial details of energy companies have tried to predict which ones might stumble and end up in bankruptcy court. Sometimes they’re right. Sometimes they’re wrong. Motley Fool is suggesting three energy companies with plenty of activity in Oklahoma could be among them in the future. The investment firm …
Energy prices on a trading teeter-totter
Energy stocks just can’t seem to get much of a break in development of a string of successive increases in trading. Thursday was no different as it proved to be like riding a teeter-totter. Some went up. Some went down. Alliance Resources Partners dropped 2.50% or 7 cents to slide to $2.73 per share. …
Oil prices end a bit lower, but nearly erase their losses as U.S. supplies decline
Oil futures settled a bit lower on Thursday, as rising cases of COVID-19 sparked new lockdowns in Europe, raising worries about further slowdowns in energy demand. Prices, however, nearly erased the day’s losses, buoyed by U.S. government data showing a bigger-than-expected 3.8 million-barrel weekly decline in domestic crude inventories reported MarketWatch. November West Texas Intermediate …
Concho Resources Jumps on Report ConocoPhillips in Takeover Talks
Shares of Concho Resources rose more than 12% in trading Wednesday following word that it was in talks to be acquired by rival ConocoPhillips. As The Street reported, Concho shares jumped 12.49% to $49.65 and ConocoPhillips shares rose 1.06% to $35.25. ConocoPhillips is in talks to acquire rival Concho Resources , Bloomberg reported, citing people familiar …
U.S. rig count increased in past week
The US rig count rose by seven in the last week to 321 as of Oct. 14 according to the latest Enverus Drillinginfo Daily Rig Count. Enverus said the count is up 2% in the past week and 13% in the last month but still down 63% from a year ago. The most significant weekly …