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Permits to Drill September 29, 2016
Blaine County CHISHOLM TRAIL 19_18-16N-9W #1HX, August 17 2016 25 16N 10W SENENENE API: 01123638 Lat: 35.83986936463127, Long: -98.20777612945126 DEVON ENERGY PRODUCTION CO LP HH, AM, 20805 ft, MISSISSIPPIAN(8710), WOODFORD(10075), HUNTON(10155) Canadian County JOHNSTON 31-12-7 #1H, September 28 2016 31 12N 7W SWSWSESE API: 01724941 Lat: 35.46507769305746, Long: -97.9764311333939 CHESAPEAKE OPERATING LLC HH, DR, 20250 …
Crude Oil Settlements on Tuesday Erase Gains From Monday
Oil futures retreated by almost 3% on Tuesday after Saudi Arabia and Iran downplayed expectations to freeze or cut production at this week’s informal meeting in Algiers, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude fell by $1.26, or 2.7%, to settle at $44.67 a barrel, following a gain …
Completion Reports September 28, 2016
GARVIN COUNTY Glb Exploration Inc Deese(4973): Water 5 Swab Viola- Unconformity /sd/- Deese: Water 32 Pump Viola- Unconformity /sd/: 19 3N 1W Roger 1, August 20, 2016 SH, DRY, TD: 6593 ft Lat: 34.71259, Long: -97.34499 API: 35049250710000 SEMINOLE COUNTY Presley Operating Llc Misener-hunton- Woodford: Gas 40 Water 80 Pump 28 9N 7E Stigini 1-28, …
Permits to Drill September 28, 2016
Carter County OIL CITY UNIT #55, September 26 2016 27 3S 2W SWNESWNW API: 01926244 Lat: 34.26943041536283, Long: -97.4020592668128 KODIAK OIL & GAS INC SH, DR, 1200 ft, PONTOTOC(850) Carter County OIL CITY UNIT #54, September 26 2016 27 3S 2W NWNESWNW API: 01926243 Lat: 34.2703371734381, Long: -97.40205923750347 KODIAK OIL & GAS INC SH, DR, …
Two Board Members Resign at Chesapeake Effective Immediately
Following activist investor Carl Icahn’s recent divestiture of nearly half of his holdings in Oklahoma City-based Chesapeake Energy Corporation, the company disclosed the resignation of two board members. Chesapeake filed a Form 8-K with the U.S. Securities and Exchange Commission on Tuesday which revealed the immediate resignation of Vincent J. Intrieri and John J. “Jack” …
Williams Adds Two Board Members, Pledges to Add Two More Before Annual Meeting
Tulsa-based Williams Companies, Inc. announced Monday that the company has appointed Stephen Chazen and Peter Ragauss to the company’s Board of Directors effective immediately, motivating activist investor Keith Meister of Corvex Management LP to withdraw his plan for a proxy battle. Chazen retired as Chief Executive Officer of Occidental Petroleum Corporation in April 2016, and …
Crude Oil Futures Rise Over 3% on Monday
Crude oil futures rebounded on Monday as investors weighed the possibility that major producers will make progress this week on a pact to limit production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude climbed $1.45, or 3.3%, to settle at $45.93 a barrel, after losing nearly 4% in Friday’s …
Permits to Drill September 27, 2016
Carter County OIL CITY UNIT #53, September 26 2016 27 3S 2W NENWSWNW API: 01926242 Lat: 34.270337192903874, Long: -97.40315146250182 KODIAK OIL & GAS INC SH, DR, 1200 ft, PONTOTOC(850) Carter County OIL CITY UNIT #49, September 26 2016 27 3S 2W SESWNWNW API: 01926238 Lat: 34.27124395084511, Long: -97.40315144491558 KODIAK OIL & GAS INC SH, DR, …
Oklahoma Legislative Interim Studies Update
Several energy-related legislative interim studies are now scheduled to take place at the Oklahoma State Capitol over the next two months. They include: Wednesday, September 28, 2016 10:00 a.m. – 4:30 p.m. State Capitol, Room 535 Senate Interim Study 16-022 Oklahoma Drones (Simpson) Speakers will include Stephen Henderson with the University of Oklahoma; James Grimsley …
Oklahoma and Texas Added Two New Active Rigs Last Week
The number of active North American rigs jumped this week, according to the Baker Hughes rig count released on Friday. The U.S. rig count rose by 5 to reach 511 active rigs after hitting a record low of 404 in May. Half a dozen land rigs were added while the inland waters lost one. Overall, …