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Completion Reports February 17, 2017
CANADIAN COUNTY Citizen Energy Ii Llc 11 10N 6W Carpenter 1h-11-14, December 31, 2016 HH, OIL, TD: 19697 ft Lat: 35.36212, Long: -97.79611 API: 35017249390000 Citizen Energy Ii Llc 9 11N 7W Oppel 1h-9, November 29, 2016 HH, OIL, TD: 16264 ft Lat: 35.43615, Long: -97.95153 API: 35017249250000 Citizen Energy Ii Llc 9 11N …
Permits to Drill February 17, 2017
Beaver County LELAND BARBY #1-29, February 16 2017 29 4N 26E CNW API: 00722896 Lat: 36.78672658216236, Long: -100.28623631257234 LATIGO OIL AND GAS INC SH, RC, 7350 ft, TONKAWA(5230) Canadian County WILLIE LEFT HAND BIA #1-5H, February 16 2017 05 14N 10W NWNENENE API: 01724975 Lat: 35.72458653346928, Long: -98.27937363038195 MARATHON OIL COMPANY HH, DR, 16431 …
Chapter 11 Bankruptcy Reorganization Plan Confirmed for Samson Resources
Tulsa-based Samson Resources Corporation announced Monday that the U.S. Bankruptcy Court for the District of Delaware has confirmed its reorganization plan, according to a company press release. Samson’s settlement plan was approved by voting creditors, including 100 percent of first lien and second lien lenders and holders of over 99 percent of unsecured claims. The successful confirmation …
Micheal Dunn Appointed as Williams’ Executive Vice President and COO
Tulsa-based The Williams Companies, Inc. appointed Micheal G. Dunn as the partnership’s Executive Vice President and Chief Operating Officer effective February 27, 2017, according to a company press release issued on Wednesday. In this newly created role, Dunn will focus on optimizing operations to enhance Williams’ competitive advantage and advance the execution of Williams’ long-term …
Following Significant Climb in Domestic Inventories, Crude Oil Futures Drop on Wednesday
Crude oil futures fell on Wednesday as data from the Energy Information Administration revealed the largest uptick in domestic supply inventories since 1982, according to a Bloomberg MarketWatch report. March West Texas Intermediate crude edged down by 9 cents, or 0.2%, to settle at $53.11 a barrel on the New York Mercantile Exchange. On London’s ICE …
Continental Reports Large Gas Well Completed in Custer County
Although it was reported that Continental Resources Inc. had some recent success in Blaine County, it is apparent that the company has dialed in to its production program in order to realize a favorable outcome in other areas of the state. OK Energy Today recently published a completion report on February 16, 2017 for the …
Completion Reports February 16, 2017
CANADIAN COUNTY Chaparral Energy Llc 18 13N 6W Golden 1306 1wh-18, March 15, 2016 HH, OIL, TD: 13962 ft Lat: 35.59549, Long: -97.88591 API: 35017248700000 Devon Energy Production Co Lp 35 13N 9W Hobson 26-13n-9w 6h, December 08, 2016 HH, OIL, TD: 17561 ft Lat: 35.56514, Long: -98.12272 API: 35017248000001 Devon Energy Production Co …
Permits to Drill February 16, 2017
Blaine County MOONS HALF #1-16H, February 15 2017 16 15N 12W NWNENENE API: 01123743 Lat: 35.782315568559916, Long: -98.47392184951049 CONTINENTAL RESOURCES INC HH, DR, 16360 ft, MISSISSIPPIAN(11450) Blaine County COTTONTAIL 31_30-17N-11W #1HX, February 15 2017 31 17N 11W SWSWSWSW API: 01123744 Lat: 35.89929567839628, Long: -98.42230346629937 DEVON ENERGY PRODUCTION CO LP HH, DR, 20334 ft, MISS’AN …
Devon Announces $331 Million Profit for Fourth Quarter of 2016
Oklahoma City-based Devon Energy Corporation’s fourth quarter ended on a positive note, with $331 million in net earnings for the last three months of 2016, up from a loss of $4.5 billion for 2015. Devon’s strong earnings exceeded Wall Street’s analyst consensus estimates by 20 percent. “For Devon, 2016 was a transformational year,” said Dave Hager, …
WTI, Brent Crude Futures Rise on Tuesday Based on Favorable Data
Oil prices settled higher Tuesday as evidence that OPEC oil producers fulfilled their pledge to hold back production in January helped prices to recoup some of their recent losses. However, lingering concerns that rising output in the U.S. could threaten efforts to balance the crude market weighed on investors’ psyches, capping gains ahead of weekly …