Author's posts
Permits to Drill April 27, 2016
Blaine County LEHMAN #1-11H, April 26 2016 11 15N 11W SWSESESE API: 01123601 Lat: 35.78362214479591, Long: -98.33244240276765 CIMAREX ENERGY CO HH, DR, 15897 ft, MISSISSIPPIAN(9860), WOODFORD(11375) Coal County STELLA TUCKER #3-22/27H, April 26 2016 15 1N 10E SWNWSESW API: 02921335 Lat: 34.5515485283461, Long: -96.24431540425432 BRAVO ARKOMA LLC HH, DR, 18860 ft, WOODFORD(7335) Coal County STELLA …
Seventy Seven Energy Reports 1Q Loss of $59 Million
Seventy Seven Energy Inc. missed analyst expectations on Monday and reported a first-quarter net loss of $59.6 million, or $1.09 a share, as reported by Adam Wilmoth of The Oklahoman. The Oklahoma City-based oil field services company’s first-quarter earnings were down from a net loss of $37.6 million, or 78 cents a share from a …
Crude Oil Futures End Lower Monday Amid Signs of Rising Production
Oil futures settled lower on Monday, pulling back after a strong rally last week, on signs of rising global production. Kuwait’s crude production is recovering after its recent workers’ strike and output from Iraq has been climbing. Saudi Arabia will reportedly complete its expansion of a major oilfield next month. The country also announced an …
Completion Reports April 26, 2016
ALFALFA COUNTY Eagle Exploration Production Llc Mississippi Lime: Oil 346 Gas 2853 Water 161 Flow 8 27N 10W Wessels 2710 8-4hm, August 02, 2015 HH, OIL, TD: 10236 ft Lat: 36.83990, Long: -98.29548 API: 35003231160000 Eagle Exploration Production Llc Mississippi Lime: Oil 436 Gas 1170 Water 743 Flow 1 27N 11W Fellers 2711 1-3hm, July …
Permits to Drill April 26, 2016
Blaine County CASTONGUAY 14-16-10 #1H, April 25 2016 14 16N 10W NWNWNWNW API: 01123600 Lat: 35.869395093653154, Long: -98.2417615826813 CHESAPEAKE OPERATING LLC HH, DR, 20200 ft, MISSISSIPPIAN(8738), WOODFORD(10120) Carter County HOOKS #1, April 25 2016 01 1S 3W NENENWSW API: 01926217 Lat: 34.49938621806942, Long: -97.4708338661791 DEHART COMPANY (THE) SH, DR, 1800 ft, HOXBAR(800), DEESE(950) Carter County …
Oil Futures Tally Third Weekly Gain on Signs of Slowing Production
Oil futures finished higher for a third straight week on Friday, supported by expectations that U.S. crude production will continue to decline. Analysts cautioned against the sustainability of the recent price rally, according to Bloomberg MarketWatch. June West Texas Intermediate crude rose 55 cents, or 1.3%, to settle at $43.73 a barrel on the New …
OCC’s Dana Murphy Commends Legislature on Passage of New Tool in Earthquake Response
Oklahoma Corporation Commissioner Dana Murphy thanked Governor Fallin and lawmakers who worked to pass House Bill 3158, clarifying the authority of the Corporation Commission (OCC) to respond to the risk of induced earthquakes. The bill allows the OCC to take emergency action with regard to disposal well operation or other activities within its jurisdiction when public safety …
OU to Offer New Oil, Gas & Energy Law Program
The University of Oklahoma College of Law will offer a new Master of Legal Studies degree in oil, gas and energy law beginning in the fall of 2016. The program is designed for non-lawyers. The program is a 32-credit-hour graduate degree that can be completed in 15 months. Of the 32 credit hours, 28 …
Solar Plane On Course For Weekend Arrival in Silicon Valley
A solar-powered airplane on an around-the-world journey has reached the halfway point as it travels from Hawaii to California. The Solar Impulse 2 aircraft is operating with pilot Bertrand Piccard at the controls. Piccard took a few minutes Friday to exchange pleasantries with the United Nations secretary general as he flew high above the Pacific …
Halliburton Cuts 6,000 Jobs As Drilling Declines
Halliburton Co. said Friday that it cut more than 6,000 jobs in the first quarter, continuing a purge at the oilfield services company that has reduced its workforce by one third since late 2014. The company revenue in the first quarter fell to $4.2 billion, a 40 percent decline from the first quarter of 2015. …