A new report is out detailing the fall in oil and gas production in Colorado’s DJ Basin. Oil and Gas Shale Market Analysis and Outlook to 2025 offers a review of the oil and gas appraisal and development in the shale play against the backdrop of COVID-19 pandemic. The DJ Basin, located in Colorado …
September 2021 archive
US natural gas prices increase due to high demand in Asia and Europe
While Oklahoma and other Midwestern states have seen slightly increased temperatures in recent weeks, U.S. natural gas futures rose more than 2% to a seven-year high this week. Record global gas prices are credited as the demand for U.S. liquefied natural gas (LNG) exports continued to be strong. The demand is due to low …
Completion reports for September 28, 2021
CANADIAN COUNTY Chaparral Energy Llc Mississippian(10230): Oil 185 Gas 1337 Water 648 Flwg 5 10N 6W Hood 1006 2lmh-5, June 19, 2021 HH, OIL, TD: 15310 ft Lat: 35.37658, Long: -97.85902 API: 35017255980001 CUSTER COUNTY Continental Resources Inc Mississippian: Gas 29631 Water 3058 Flow 27 14N 14W Swartzendruber 2-22-15xhm, June 25, 2021 HH, GAS, TD: 24617 ft Lat: 35.66672, Long: -98.68289 API: 35039225920000 GRADY COUNTY Continental …
Permits to drill for September 28, 2021
Canadian County GEORGE FOLK 5-8-11N-6W #2MHX, September 28 2021 05 11N 6W SWNWNWNE API: 01725709 Lat: 35.46334671081937, Long: -97.85689556847454 TRAVIS PEAK RESOURCES LLC MU, DR, 21000 ft, MISSISSIPPI(8890) Canadian County GEORGE FOLK 5-8-11N-6W #3MHX, September 28 2021 05 11N 6W SWNWNWNE API: 01725710 Lat: 35.46334671541535, Long: -97.85682841002567 TRAVIS PEAK RESOURCES LLC MU, DR, 21000 ft, MISSISSIPPI(8860) Garvin …
Crude prices weaken but remain strong while Oklahoma energy stocks give up gains
Crude oil prices took slight dips in trading in Tuesday after Brent oil topped $80 per barrel for the first time in nearly three years. Oklahoma energy stocks had a weak day as well. Considered a global benchmark, Brent crude slipped 44 cents or 0.6% to $79.09 a barrel after climbing to as high …
Helmerich and Payne, Inc. announces upsize and pricing of $550 million offering of senior notes
Tulsa’s Helmerich & Payne, Inc. announced that it has priced its previously announced private offering of $550 million aggregate principal amount of 2.900% senior notes due 2031. The company had originally announced an offering size of $500 million in aggregate principal amount. The company stated it intends to use the net proceeds from the …
Liberty announces milestone achievement of 24 hours of continuous pumping time
A Denver-based oilfield company announced it had achieved the milestone of 24-hours of continuous plug and perf pumping for Tulsa’s Kaiser-Francis Company and its operations in the Permian Basin. Liberty Oilfield Services said its team had delivered a full 1,440 minutes pumping time with zero non-productive time and was able to attain the premier …
OGE alerts customers to winter storm rate hike request
Oklahoma Gas and Electric is advising its customers of the firm’s move to seek authority for a rate hike to pay for nearly $875 million in costs from the February winter storm that resulted in rolling blackouts across Oklahoma. Advisories are being sent in the mail with utility bills in which OGE tells its …
ALLETE Announces Third Partner in Energy Center
ALLETE, Inc, the Minnesota-based energy firm with major wind farm operations in Oklahoma announced this week the $20 million sale of part of its ownership stake in a Wisconsin-based energy center. ALLETE sold part of its share in the planned Nemadji Trail Energy Center to North Dakota-based Basin Electric Power Cooperative. ALLETE will …
Devon Energy gifts 47 Ripken STEM centers to Tulsa
Robots, 3D printers and coding tools are now at the fingertips of elementary students and part of daily learning across Tulsa thanks to a historic gift from Devon Energy. Devon partnered with the Cal Ripken, Sr. Foundation to install 47 cutting-edge science, technology, engineering and math (STEM) Centers in Tulsa Public Schools (TPS) elementaries …