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Williams Defers Atlantic Sunrise Full In-Service Date to Mid-2018
Tulsa-based Williams Partners L.P. announced Friday that it will extend the targeted full in-service date for its Atlantic Sunrise expansion project to mid-2018, according to a company press release. The partnership expects to begin a portion of its service during the second half of 2017. The revision is due to a recently updated schedule of …
Crude Oil Settles Below $50 on Friday
Oil futures settled lower on Friday, prior to the widely anticipated OPEC meeting in Vienna, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell $1.02, or 2.1%, to settle at $48.70 a barrel. For the week, WTI finished down by nearly 4.2%. Futures are up about 1% for the …
Completion Reports October 31, 2016
CANADIAN COUNTY Sand Point Production Inc Oswego: 10 13N 8W Enlow 3-10, September 01, 2016 SH, DRY, TD: 9475 ft Lat: 35.61122, Long: -98.04147 API: 35017236690001 WOODWARD COUNTY Red Mountain Operating Llc Miss’an (ex Chester): Oil 161 Gas 1390 Water 3852 Flow 26 20N 18W Moss 2018 1h-23, September 19, 2016 HH, OIL, TD: 16037 …
Permits to Drill October 31, 2016
Blaine County HR POTTER 1511 #1-3-34MXH, October 28 2016 03 15N 11W SWSWSWSW API: 01123675 Lat: 35.79819000256767, Long: -98.36562487588044 MARATHON OIL COMPANY HH, DR, 21362 ft, MISSISSIPPI(9889) Blaine County MOLLY GRACE 36_25-17N-11W #1HX, October 27 2016 36 17N 11W SESWSWSW API: 01123674 Lat: 35.89924235657144, Long: -98.33290573167935 DEVON ENERGY PRODUCTION CO LP HH, DR, 20036 …
OPEC Deal, Inventory Dip Buoys Crude Oil Settlements on Thursday
With West Texas Intermediate remaining below $50 a barrel, crude oil futures climbed on Thursday as traders seemed optimistic about the possibility of an OPEC production output deal and a surprise drop in domestic crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December WTI crude gained 54 cents, or 1.1%, to end …
Completion Reports October 28, 2016
CANADIAN COUNTY Devon Energy Production Co Lp Mississippi Lime(9938): Oil 328 Gas 1956 Water 1056 Flow 14 13N 8W The Slot 14-13n-8w 1h, September 13, 2016 HH, OIL, TD: 14337 ft Lat: 35.59564, Long: -98.01521 API: 35017249090000 Marathon Oil Company Mississippian(9722): Oil 662 Gas 5109 Water 975 Flow 19 13N 7W Wehmuller 1307 2-19mh, …
Permits to Drill October 28, 2016
Kay County STORMY #2, October 27 2016 33 25N 1W S2NESENE API: 07124853 Lat: 36.60321249118881, Long: -97.30174762202775 DONRAY PETROLEUM LLC SH, RC, 4850 ft, PERRY(2850) Pittsburg County BOWEN #3-18/7H, October 27 2016 19 3N 12E NENWNENE API: 12124772 Lat: 34.72314027819366, Long: -96.07777024029785 BP AMERICA PRODUCTION COMPANY HH, RC, 14940 ft, WOODFORD(9100), HUNTON(9200), SYLVAN(12128)
Three Oklahoma Rural Electric Cooperatives Awarded Over $40 Million in USDA Federal Loans
The U.S. Department of Agriculture announced Wednesday that three Oklahoma rural electric cooperatives will receive more than $40 million in federal loans for construction, improvement and repair projects. A $15.7 million federal loan was awarded to the Central Rural Electric Cooperative to build or improve 34 miles of transmission and distribution line. Located in Stillwater, …
Baker Hughes Declares Quarterly Dividend of $0.17 per Share for Third Quarter 2016
Oilfield services provider Baker Hughes Incorporated announced Wednesday its Board of Directors declared a regular quarterly cash dividend of $0.17 per share of common stock payable on November 18, 2016 to shareholders of record on November 7, 2016 for the third quarter of 2016. “Looking ahead, in the fourth quarter of 2016, we expect activity …
Despite Surprise Inventory Fall, WTI and Brent Crude Settle Below $50 on Wednesday
Weary of increasing doubts that Iraq will agree to an OPEC production cut, crude oil prices settled at their lowest level in nearly three weeks on Wednesday, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell by 78 cents, or 1.6%, to settle at $49.18 a …