Author's posts
Permits to Drill December 23, 2016
Coal County JOLENE #4-26HR, December 22 2016 23 2N 11E NESWSESE API: 02921349 Lat: 34.623413883217005, Long: -96.1126091978249 BP AMERICA PRODUCTION COMPANY HH, DR, 16750 ft, WOODFORD(11347) Ellis County ROADRUNNER #4-34H, December 22 2016 03 16N 24W NWNWNENW API: 04523628 Lat: 35.89687845159277, Long: -99.73942925753836 DUNCAN OIL PROPERTIES INC HH, DR, 14654 ft, CLEVELAND(9808) Hughes County …
Crude Oil Settlements Freefall on Wednesday After EIA Reports Sharp Rise in Inventories
Crude oil prices plunged on Wednesday after conflicting stockpile reports and an unexpected rise in crude oil supplies shook the confidence of analysts and traders, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude fell 81 cents, or 1.5%, to settle at $52.49 a barrel. Meanwhile, February Brent crude, …
NGL Energy Acquires Murphy Energy Bankruptcy Key Assets for $51 Million
Tulsa-based NGL Energy Partners LP made a strategic big play when it announced Tuesday that the company paid nearly $51 million for certain assets from the Murphy Energy Corporation bankruptcy case. “We are excited to add the Port Hudson Terminal and Kingfisher Facility to our asset base as we continue to expand our midstream presence …
More Than $7.5 Million in Energy Efficiency Incentives Paid by OG&E in 2016
OG&E paid more than $7.5 million in energy-saving incentives so far during 2016, according to a company press release issued Wednesday. That figure reflects 750 projects among large commercial and industrial facilities, schools and government buildings and small businesses. The combined energy savings was more than 80 million kWh. Cash-strapped secondary schools in Oklahoma have received …
Oklahoma and Arkansas Post Lowest Gas Prices in Nation, Says AAA
Despite gasoline prices going up, Oklahoma continues to have one of the lowest gasoline prices in the U.S. as the statewide average rose by six cents since last week, according to the latest report from AAA Oklahoma. The new average is up 14 cents since November 14. “Our Oklahoma average today of $2.02 per gallon …
Permits to Drill December 22, 2016
Blaine County COMPTON #4-2-35XH, December 20 2016 11 15N 11W NWNENWNW API: 01123699 Lat: 35.7967944669977, Long: -98.34597016695584 CONTINENTAL RESOURCES INC HH, AM, 21503 ft, MISSISSIPPI LIME(10943) Blaine County COMPTON #3-2-35XH, December 20 2016 11 15N 11W NWNENWNW API: 01123698 Lat: 35.79679447045512, Long: -98.34612190226952 CONTINENTAL RESOURCES INC HH, AM, 21688 ft, MISSISSIPPI LIME(11128) Blaine County …
Tapstone Energy Selects Steven Dixon as New CEO in Wake of Tom Ward’s Resignation
Tom Ward is stepping down as CEO of Oklahoma City-based Tapstone Energy effective January 1, according to a company press release and report by The Oklahoman. Steven C. Dixon will replace Ward as Tapstone’s CEO. Dixon most recently served as Executive Vice President of Operations and Geosciences and Chief Operating Officer of Chesapeake Energy. He …
Chesapeake Energy to Sell Second Haynesville Acreage in Louisiana for $465 Million
Chesapeake Energy Corporation announced Tuesday that it will sell another portion of its Haynesville Shale operating area in northern Louisiana for approximately $465 million to an affiliate of Covey Park Energy LLC, according to a company press release. The sale covers nearly 41,500 acres and 326 operated and non-operated wells currently producing approximately 50 million …
WTI, Brent Post Higher Settlements on Tuesday
Crude oil prices soared higher on Tuesday, buoyed by an expected drop in crude oil inventories and a tightening commodity market, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude oil rose 24 cents, or 0.5%, to settle at $53.30 a barrel. The January contract which expired Tuesday, finished up …
Completion Reports December 21, 2016
BLAINE COUNTY Continental Resources Inc 24 15N 13W Mckinley 1-24-13xh, September 21, 2016 HH, GAS, TD: 22930 ft Lat: 35.75480, Long: -98.52755 API: 35011235970000 Continental Resources Inc 10 15N 12W Mcbee 1-3h, October 11, 2016 HH, OIL, TD: 16816 ft Lat: 35.79666, Long: -98.46169 API: 35011236030000 GARVIN COUNTY Continental Resources Inc 19 1N 1W …