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WTI and Brent Crude Settle Higher on Friday, Lower for the Week
Crude oil futures rallied on Friday as August’s slow job growth decreased pressure on demand for oil, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude rose $1.28, or 3%, to settle at $44.44 a barrel. For the week, prices were down roughly 6.7%. On London’s ICE Futures Exchange, …
Permits to Drill September 6, 2016
Grady County VINSON #3-22X27H, August 08 2016 15 3N 5W SWSESWSW API: 05124058 Lat: 34.7254450953364, Long: -97.71837898627595 VITRUVIAN II WOODFORD LLC HH, AM, 26260 ft, SYCAMORE(15014), WOODFORD(15210), HUNTON(15455) McClain County ARTIE LEE 0504 #24-1HW, August 26 2016 24 5N 4W S2SWSWSE API: 08722054 Lat: 34.884869950933044, Long: -97.5726116494418 EAGLE EXPLORATION PRODUCTION LLC HH, AM, 14150 ft, …
West Texas Intermediate, Brent Plunge to $45 on Thursday
Oil futures closed down more than 3% lower on Thursday as doubts persisted over the potential for a crude oil production freeze, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell by $1.54, or 3.5%, to settle at $43.16 a barrel. On London’s ICE Futures Exchange, November Brent …
Completion Reports September 2, 2016
BECKHAM COUNTY Atalaya Resources Llc Des Moines: Oil 566 Gas 2480 Water 158 Flow 32 11N 21W Barnett 29/28-11-21 1h, July 14, 2016 HH, OIL, TD: 18080 ft Lat: 35.39208, Long: -99.43524 API: 35009219750000 CREEK COUNTY Little River Energy Company 2nd Wilcox-1st Wilcox: Oil 1 Water 400 Swab 5 17N 7E Cal Jones 1, August …
Permits to Drill September 2, 2016
Canadian County MCNEFF 22-10-5 #1H, September 01 2016 15 10N 5W SWSESWSW API: 01724935 Lat: 35.33440493790482, Long: -97.72211385334317 LINN OPERATING INC HH, DR, 13831 ft, MISSISSIPPIAN(8800), WOODFORD(9196) Lincoln County PINEHURST #1-10H, August 30 2016 09 13N 5E NESWNENE API: 08124276 Lat: 35.621013377509676, Long: -96.77160135730414 MONTCLAIR ENERGY LLC HH DH, AM, 8250 ft, HUNTON(5145) Seminole County …
D&L Oil Tools Awarded API Certificates
Tulsa-based D&L Oil Tools announced on Tuesday that its Quality Management System has been granted API Q1 certification from the American Petroleum Institute. D&L was also awarded an 11D1 Monogram License for Packers and Bridge Plugs. Only two independent manufacturers in the U.S. have earned this distinction for both Packers and Bridge Plugs. The API …
Big Gains for the Month, Lower WTI and Brent Crude Settlements on Wednesday
Oil futures settled lower on Wednesday after a U.S. government report revealed a larger-than-expected weekly increase in crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude slipped $1.65, or 3.6%, to settle at $44.70 a barrel. The settlement was the lowest since August 12. For the month, …
Permits to Drill September 1, 2016
Beckham County BARNETT 29/28-11-21 #2H, August 31 2016 33 11N 21W NWSWNWNW API: 00921980 Lat: 35.390832717897865, Long: -99.43437183684406 ATALAYA RESOURCES LLC HH, DR, 18400 ft, DES MOINES(12250) Beckham County BARNETT 29/28-11-21 #3H, August 31 2016 32 11N 21W NWSWNWNW API: 00921981 Lat: 35.390900662793165, Long: -99.45202693629255 ATALAYA RESOURCES LLC HH, DR, 18200 ft, DES MOINES(12250) Blaine …
OCC Recalls High Ethanol Gasoline Delivered by Magellan Midstream
Nearly 450,000 gallons of gasoline containing three times the acceptable level of ethanol was delivered to central Oklahoma retailers over the past week. Tulsa-based Magellan Midstream Partners LP notified the Oklahoma Corporation Commission on Tuesday and advised that equipment failure at its Oklahoma City fuel distribution terminal is to blame. “We had a piece of …
Market Volatility Adds to Lower Crude Oil Settlements on Tuesday
Oil futures settled at a two-week low on Tuesday as traders await government supply reports, according to Bloomberg MarketWatch. October West Texas Intermediate crude slipped by 63 cents, or 1.3%, to settle at $46.35 a barrel on the New York Mercantile Exchange after tapping highs above $47. The settlement was the lowest since mid-August. On …