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Westar Energy Clears Legal Hurdles in Acquisition of Great Plains Energy
Westar Energy’s $12.2 billion sale to Great Plains Energy Inc. cleared legal hurdles on Wednesday as litigants agreed to resolve their cases, according to a Topeka Capital-Journal report. A new Securities and Exchange Commission filing revealed that one Missouri and two Kansas legal challenges will be dropped. The first Kansas case was filed on July …
Oil Futures Rebound on Wednesday After Data Suggests Third Weekly Inventory Decline
Oil futures recovered and traded higher on Wednesday after U.S. government data confirmed a drop in crude oil inventories, marking the third unexpected weekly decline in a row, according to Bloomberg MarketWatch. November West Texas Intermediate crude tacked on $1.29, or 2.9%, to settle at $45.34 a barrel on the New York Mercantile Exchange. November Brent …
Permits to Drill September 22, 2016
Carter County BENITEZ #3, September 21 2016 25 2S 2W S2SENWSW API: 01926231 Lat: 34.35116051453534, Long: -97.36642028362377 WILLIAMS R J OIL & GAS LLC SH, DR, 1200 ft, PONTOTOC(1), DEESE(500) Carter County MS JONES #1, September 21 2016 25 2S 2W NWNESWSW API: 01926230 Lat: 34.350157606022364, Long: -97.3667184842545 WILLIAMS R J OIL & GAS LLC …
WTI Settles Higher, Brent Lower on Volatile Tuesday
West Texas Intermediate crude oil futures ended higher on Tuesday while Brent crude traded slightly lower as investors awaited weekly data to substantiate the anticipated rise in crude oil inventories, according to Bloomberg MarketWatch. October West Texas Intermediate crude rose by 14 cents, or 0.3%, to settle at $43.44 a barrel on the New York Mercantile …
New SCOOP Pipeline is Joint Venture Between Velocity Midstream and Wynnewood’s CVR Refining
A Tulsa pipeline company and a Wynnewood refinery operator are collaborating on an oil pipeline to serve operators in Oklahoma’s SCOOP play, according to a report by The Oklahoman. Velocity Midstream Partners LLC and CVR Refining LP announced Monday that two of their subsidiaries will form a joint venture to build a pipeline and terminal …
Permits to Drill September 21, 2016
Blaine County WOLFE 33-16N-11W #1, September 20 2016 33 16N 11W N2S2S2S2 API: 01123653 Lat: 35.820936646822716, Long: -98.37539939964483 DEVON ENERGY PRODUCTION CO LP SH, DR, 11656 ft, MISSISSIPPIAN(9942), WOODFORD(11561), HUNTON(11656) Canadian County CARPENTER #1H-11-14, September 20 2016 11 10N 6W NENENENE API: 01724939 Lat: 35.36212046470639, Long: -97.7961114883163 CITIZEN ENERGY II LLC HH, DR, 19200 …
Completion Reports September 21, 2016
GARFIELD COUNTY Chaparral Energy Llc Mississippian: Oil 433 Gas 1206 Water 1161 Flow 3 21N 5W Redwood 2105 1mh-3, December 17, 2015 HH, OIL, TD: 10750 ft Lat: 36.33172, Long: -97.72701 API: 35047249850001 Sandridge Exploration & Production Llc Mississippi Lime(6424): Oil 319 Gas 721 Water 5095 Pump 22 24N 7W Richey 2407 1-21h, August …
WPX Energy Trims Tulsa Workforce by 41
WPX Energy is trimming its workforce again. The oil and natural gas producer is cutting 41 additional jobs in Tulsa, which represents 6 percent of the company’s workforce, according to an announcement on Monday. The cuts affect service-related positions related to measurement, land, marketing, finance, accounting, human resources and information technology. WPX said it will …
WTI and Brent Recoup Losses on Monday With Albanian OPEC Meeting Set for Next Week
Oil futures edged slightly higher on Monday, buoyed by Venezuelan reports that suggest a deal to stabilize the global oil supply is imminent between nations inside and outside OPEC, according to Bloomberg MarketWatch. October West Texas Intermediate crude added 27 cents, or 0.6%, to settle at $43.30 a barrel on the New York Mercantile Exchange. November …
Completion Reports September 20, 2016
ALFALFA COUNTY Chesapeake Operating Llc Mississippi Lime(5338): Oil 634 Gas 1826 Water 2957 Artificia 2 27N 11W Jbh 11-27-11 2h, July 27, 2016 HH, OIL, TD: 10334 ft Lat: 36.84141, Long: -98.35309 API: 35003231100001 Chesapeake Operating Llc Mississippi Lime(5384): Oil 281 Gas 1535 Water 2353 Artificia 2 27N 11W Jbh 11-27-11 1h, July 29, …