Author's posts
WTI and Brent Surge Over $49 a Barrel on Wednesday
Oil futures jumped closer to $50 a barrel on Wednesday, marking their greatest settlement since October, according to Bloomberg MarketWatch. July West Texas Intermediate crude rose 94 cents, or 1.9%, on the New York Mercantile Exchange to end trading at $49.56 a barrel. On London’s ICE Futures Exchange, July Brent crude, the global benchmark, tacked …
Completion Reports May 26, 2016
CREEK COUNTY Dyer Dale E Dba The Loving Company 12 17N 8E Pickett 6a, April 15, 2016 SH, INJ, TD: 2996 ft Lat: 35.97077, Long: -96.41509 API: 35037292890001 CUSTER COUNTY Blake Production Company Inc Oswego: Oil 86 Gas 89 Water 175 Pump 23 15N 15W Putnam Oswego Unit 1-23h, September 25, 2015 HH, OIL, TD: …
Permits to Drill May 26, 2016
Alfalfa County SHARON 31-27-11 #1H, May 25 2016 30 27N 11W SESESESW API: 00323256 Lat: 36.78340549636839, Long: -98.42382682962905 CHESAPEAKE OPERATING LLC HH, DR, 10700 ft, MISSISSIPPIAN(5417) Creek County PICKETT #A-3, May 25 2016 12 17N 8E CNESENW API: 03714026 Lat: 35.969406156957724, Long: -96.41509220116342 DYER DALE E dba THE LOVING COMPANY SH, RC, 3128 ft, RED …
Doak Highlights Concern Over Earthquake Insurance Competition, Rate Increases
Commissioner John Doak is increasingly alarmed about competition within the earthquake insurance market as data revealed that four companies hold 55 percent of this market, according to an Oklahoma Insurance Department press release. At a public meeting held on Tuesday, Commissioner Doak heard that insurers collected more than $76 million in earthquake insurance premiums while …
Communities Battle Energy Companies Over Mangled Roads
It isn’t smooth sailing where the rubber meets the road when driving in northern Oklahoma near the entrance to Lake McMurtry. In fact, there have been quite a number of bumps in the road near Perry along State Highway 86. The same holds true for County Road 58 up in Noble County as well as …
Another Triumphant Tuesday as WTI, Brent Rise Above $48
Traders let it ride on Tuesday, rewarded with a surge in crude oil future prices as the American Petroleum Institute again confirmed a supply decrease of 5.1 million barrels, according to Bloomberg MarketWatch. July West Texas Intermediate crude added 54 cents, or 1.1%, to close out trading on the New York Mercantile Exchange at $48.62 …
Completion Reports May 25, 2016
BLAINE COUNTY Continental Resources Inc Mississippian(10434): Oil 1411 Gas 3900 Water 1807 Flow 18 16N 11W Foree 1-18-7xh, April 17, 2016 HH, OIL, TD: 18173 ft Lat: 35.85621, Long: -98.40317 API: 35011235450000 Devon Energy Production Co Lp Mississippi Lime(9872): Oil 571 Gas 1573 Water 646 Pump 27 16N 10W Sidney 27-16n-10w 1h, April 20, 2016 …
Permits to Drill May 25, 2016
Blaine County BERNHARDT #5-13H, May 24 2016 24 16N 11W SENENWNE API: 01123608 Lat: 35.85406375778928, Long: -98.31841476493896 CONTINENTAL RESOURCES INC HH, DR, 14910 ft, MISSISSIPPIAN(10140) Ellis County NEIDENS 10 #1H, May 24 2016 15 20N 26W NENWNENE API: 04523611 Lat: 36.216284258862295, Long: -99.95520766127177 JONES ENERGY LLC HH, DR, 13309 ft, CLEVELAND(8211) Ellis County NEIDENS 10 …
Chesapeake Settles Barnett Shale Royalty Class Action Lawsuit for $52.5 Million
Barnett Shale joint venture partners, Chesapeake Energy Corporation and Total E&P USA, have agreed to settle a class-action lawsuit in Fort Worth, Texas for $52.5 million, according to a report published in The Oklahoman. The 2014 and 2015 lawsuits were filed in north Texas by nearly 13,000 property owners in Johnson, Tarrant and Dallas counties …
NASDAQ Delists Linn Energy LLC and LinnCo, LLC
Linn Energy, LLC and LinnCo, LLC announced that the companies received a delisting notification from NASDAQ on Monday. According to a press release, Linn Energy and LinnCo securities will be suspended prior to the open of the stock market on Tuesday, May 24, 2016, effectively removing the companies’ securities from listing and registration. Linn Energy …
