Author's posts
WTI Up, Brent Down on Tuesday as Report Predicts Domestic Production Rise in February
After showing early gains on Tuesday, crude oil futures settled lower after a U.S. government report showed that domestic shale oil production is expected to climb in February, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude rose 11 cents, or 0.2%, to settle at $52.48 a barrel. On the …
Completion Reports January 18, 2017
CANADIAN COUNTY Cimarex Energy Co 12 14N 10W Gundy 8-12h, September 28, 2016 HH, OIL, TD: 15814 ft Lat: 35.69733, Long: -98.20802 API: 35017248600000 Cimarex Energy Co 12 14N 10W Gundy 9-12h, September 28, 2016 HH, GAS, TD: 15906 ft Lat: 35.69733, Long: -98.20789 API: 35017248570000 Cimarex Energy Co 12 14N 10W Gundy 6-12h, …
Permits to Drill January 18, 2017
Blaine County STARK #7H-1UMX, December 28 2016 01 16N 10W NWNENENW API: 01123713 Lat: 35.89776403243197, Long: -98.21802493113577 NEWFIELD EXPLORATION MID-CON INC HH, AM, 19665 ft, MISSISSIPPIAN(8388), WOODFORD(9770) Dewey County EARL 30-19 17 #1H, January 17 2017 31 19N 17W NENWNWNE API: 04323495 Lat: 36.08600104493455, Long: -99.05154844708575 TAPSTONE ENERGY LLC HH, DR, 16900 ft, MISSISSIPIAN(12000) …
WPX Energy Boosts Delaware Basin Assets With $775 Million Purchase
Tulsa-based WPX Energy announced Thursday that it is acquiring assets in the Delaware basin for $775 million, increasing its Permian operations to more than 120,000 net acres, according to a recent report in The Tulsa World. The assets include approximately 6,500 barrels of oil equivalent per day of existing production from 23 producing wells; two …
Rig Count: Oklahoma Down 2, U.S. Down 6, Canada Adds 110
Yet again, Canada is leading the way with the addition of 110 new rigs last week while the U.S. rig count fell by a total of six, according to the Baker Hughes rig count released on Friday. Canada now has a total of 315 rigs, up 88 rigs when compared with last year’s count of …
WTI, Brent Crude Futures Decline on Friday as Natural Gas Rebounds
Crude oil futures settled lower on Friday as traders were skeptical about compliance with the OPEC production cut, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude fell by 64 cents, or 1.2%, to settle at $52.37 a barrel. For the week, prices saw a weekly decline of about 3%. …
Thursday Settlements Rise as OPEC Production Curb Appears to be Working
Crude oil futures soared on Thursday as it appears the OPEC production cut is working, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude climbed 76 cents, or 1.5%, to settle at $53.01 a barrel, marking their highest settlement price since Friday. On the London ICE Futures Exchange, March Brent …
Completion Reports January 13, 2017
CANADIAN COUNTY Cimarex Energy Co 12 14N 10W Leon 6-12h, September 28, 2016 HH, OIL, TD: 16289 ft Lat: 35.69747, Long: -98.21285 API: 35017248540000 Citizen Energy Ii Llc 7 10N 5W Toy Darrow 2h-7-18, November 12, 2016 HH, OIL, TD: 16491 ft Lat: 35.35325, Long: -97.76175 API: 35017249100000 Citizen Energy Ii Llc 7 10N …
Permits to Drill January 13, 2017
Blaine County CALMUS BIA #1H-2017X, January 12 2017 20 15N 11W SWSWSWSE API: 01123724 Lat: 35.75476351848049, Long: -98.39236099356663 CIMAREX ENERGY CO HH, DR, 21633 ft, MISSISSIPPIAN(10500), MISSISSIPPI(11500) Blaine County FAITH MARIE 1_36-17N-12W #1HX, January 11 2017 01 16N 12W SWSWSWSW API: 01123721 Lat: 35.885329016503384, Long: -98.43644921056833 DEVON ENERGY PRODUCTION CO LP HH, DR, 20286 …
Completion Reports January 12, 2017
BLAINE COUNTY Continental Resources Inc 4 14N 12W Angus Trust 1-4-33xh, December 01, 2016 HH, OIL, TD: 22164 ft Lat: 35.71208, Long: -98.47569 API: 35011235700000 CARTER COUNTY Continental Resources Inc 8 3S 3W Gallaway 1-8-7xh, October 24, 2016 HH, GAS, TD: 23892 ft Lat: 34.30424, Long: -97.52825 API: 35019262220000 GRADY COUNTY Vitruvian Ii Woodford …