Tulsa’s NGL Energy Partners LP announced it has closed on more than $2 billion in newly issued senior notes and also acquired a new $500 million asset-based revolving credit facility that matures in 2026. The company said the $2.05 billion is on 7.5% senior secured notes due 2026. The proceeds from the notes and …
Completion reports filed on February 4, 2021. GRADY COUNTY Continental Resources Inc Woodford – Mississippian: Oil 132 Gas 413 Water 4846 Flow 17 7N 5W Z 21 4-17-8xhw, August 12, 2020 HH, OIL, TD: 18085 ft Lat: 35.08379, Long: -97.74304 API: 35051246950002 Continental Resources Inc Woodford- Mississippian: Oil 364 Gas 1049 Water 3229 Flow 17 7N 5W Z 21 3-17-8xhw, August 21, 2020 HH, OIL, TD: …
Permits to drill issued on February 4, 2021. Carter County SW WILDCAT JIM DEESE UNIT #6-1, February 04 2021 01 2S 3W NENESESE API: 01926431 Lat: 34.40824757281198, Long: -97.45768821557753 MACK ENERGY CO DH, DR, 4400 ft, DEESE(3279) Carter County SW WILDCAT JIM DEESE UNIT #2-2, February 04 2021 01 2S 3W NENESESE API: 01926430 Lat: 34.40824482498727, Long: …
Crude oil futures rose again in Thursday’s trading but it didn’t translate strongly for many energy stocks. West Texas Intermediate crude rose 54 cents to finish the day at $56.23 a barrel for March delivery on the New York Mercantile Exchange. Global benchmark Brent crude saw a 38 cent increase to $58.84 barrel for …
Oklahoma Corporation Commissioners will hold a regular meeting Friday morning to first consider their daily signing agenda. They will also consider some proposed rule changes including one for Gas and Hazardous Liquid Pipeline Safety. Another would pertain to Rules of Practice while a third concerns the Oil and Gas Conservation division. One aspect of …
The US rig count increased by eight in the last week to 430 according to the latest report from Enverus Rig Analytics. It also showed Oklahoma City’s Continental Resources increased its numbers in the Williston from two to three rigs. Enverus said Continental had been operating only two rigs since May 2020. The Williston …
Oklahoma City’s Devon Energy is among at least 20 oil and gas exploration companies being notified by the New Mexico Environmental Department of required licensing over the management of radioactive materials. The New Mexico Environment Department launched a compliance initiative to ensure oil and natural gas companies are properly licensed and in compliance with …
** A U.S. District Court Judge rules a contentious National Petroleum Reserve-Alaska drilling project approved by the Trump administration can continue. ** Louisiana U.S. Sen. John Kennedy uses a Fox News appearance touting the oil and gas industries to claim that his car is fueled by neither “fairy dust” nor “unicorn urine.” reported the Daily Beast. ** The U.S. Supreme Court …
The Oklahoma economy is clearly not immune to the fiscal impact of the pandemic, as is illustrated in January Gross Receipts to the Treasury — down by the largest margin in eight months reported Treasurer Randy McDaniel. Collections from the gross production tax on crude oil and natural gas followed a more than yearlong pattern, falling by almost 35 percent, to …
Completion reports filed this week show more gas-well drilling in eastern Oklahoma. At the same time, more permits for new drilling were issued including three wells to be drilled amidst Oklahoma City business sites. Three reports were filed this week by Trinity Operating of Houston showing production from gas wells drilled last year in …
