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WTI, Brent Post Settlement Increases on Friday
U.S. oil futures settled higher on Friday as investors remained concerned about oil inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude added 46 cents, or 1.1%, to settle at $41.60 a barrel. For the week, prices were down 5.9% and saw a monthly loss of 13.9%. The …
Completion Reports August 1, 2016
PITTSBURG COUNTY Brg Petroleum Llc Savanna(1250): Gas 40 Flow 36 9N 17E Janeway A 1, May 14, 2016 SH, GAS, TD: 6116 ft Lat: 35.20623, Long: -95.46400 API: 35121205880001
Permits to Drill August 1, 2016
Grady County GENE CARROLL #1H-7, July 29 2016 17 9N 6W SWNENWNW API: 05124054 Lat: 35.26077782617376, Long: -97.86279099777053 CITIZEN ENERGY II LLC HH, DR, 16700 ft, WOODFORD(11200) Haskell County SOUTHARD #1-21, July 28 2016 21 7N 19E NENWSENE API: 06122314 Lat: 35.068657113254645, Long: -95.29895644267255 BRG PETROLEUM LLC SH, RC, 11500 ft, MIDDLE ATOKA(8985) Kingfisher County …
Chevron Phillips Dedicates New Polyethylene Plant in Bartlesville
Chevron Phillips Chemical Company LP dedicated a new state-of-the-art Marlex polyethylene pilot plant at its research and technology facility in Bartlesville on Wednesday. The pilot plant enables polyethylene research, such as new catalyst and polymer development, to take place on a pilot scale prior to implementation in full-scale operations, including the company’s $6 billion investment …
Natural Gas Futures Jump as Crude Oil Slumps on Thursday
Natural gas futures commanded center stage on Thursday, rallying to their largest one-day percentage gain of the year as weakened oil futures continued on a spiral decline, according to Bloomberg MarketWatch. On its first full trading day as a front month contract, September natural gas rose 21.3 cents, or 8%, to settle at $2.873 per …
Completion Reports July 29, 2016
ELLIS COUNTY Le Norman Operating Llc Douglas(7363): Oil 136 Gas 1091 Water 282 Injectio 28 17N 24W Layla Lee 1h-21, May 15, 2016 HH, OIL, TD: 13187 ft Lat: 35.92526, Long: -99.75868 API: 35045236010000 GRADY COUNTY Marathon Oil Company Woodford(14420): Oil 66 Gas 1624 Water 1767 Flow 26 4N 5W Morris 1-26-23xh, June 11, 2016 …
Permits to Drill July 29, 2016
Carter County BRADY #159, July 28 2016 05 2S 2W NWSWNWSE API: 01926227 Lat: 34.40997777909812, Long: -97.43047993160903 KODIAK OIL & GAS INC SH, DR, 2999 ft, HOXBAR(1500), DEESE(2000), SPRINGER(2500) Creek County PULLER #20-4, July 28 2016 20 14N 8E CSESENW API: 03729346 Lat: 35.67617489266703, Long: -96.48671394881526 VETERAN EXPLORATION & PRODUCTION LLC SH, DR, 4000 ft, …
NYSE Seeks to Delist Key Energy Services
Houston-based Key Energy Services, Inc. announced on Wednesday that the New York Stock Exchange will commence proceedings to delist the company’s common stock based on “abnormally low” price levels. The NYSE also suspended trading in the Company’s common stock effective immediately, according to the company’s news release. An appeal by Key Energy Services is not …
WTI, Brent Fall While Natural Gas Posts Gain on Wednesday
Oil futures settled close to $42 a barrel on Wednesday after a government report revealed an increase in both gasoline and oil inventories in addition to a rise in crude production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude dropped 91 cents, or 2.1%, to settle at $42.01 …
Permits to Drill July 28, 2016
Canadian County WILLIAMS #1H-3106X, July 25 2016 31 11N 7W NENWNWNE API: 01724929 Lat: 35.39097177558444, Long: -97.97972512842162 CIMAREX ENERGY CO HH, AM, 15961 ft, MISSISSIPPIAN(11000), WOODFORD(11289), HUNTON(11438) Hughes County CLAIRE #4-23/26H, July 26 2016 14 7N 11E SWNESESW API: 06324607 Lat: 35.07487896498644, Long: -96.1167153708855 PETROQUEST ENERGY LLC HH, DR, 12348 ft, WOODFORD(5800) Hughes County CLAIRE …
