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WTI Nears $52, Brent Crude Falls and Finishes Over $57 a Barrel on Monday
Crude oil settled with a mixed finish on Monday as the WTI increased slightly and the Brent crude finished lower, according to Bloomberg MarketWatch. December West Texas Intermediate crude rose 6 cents, or 0.1%, to settle at $51.90 a barrel on the New York Mercantile Exchange. December Brent crude, the global benchmark, fell 38 cents, or …
ExxonMobil Acquires Permian Basin Crude Oil Terminal in Wink, Texas
Irving, Texas-based ExxonMobil has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP, according to a company press release issued on Wednesday. The terminal is located in the rapidly growing Delaware Basin, part of the Permian Basin – one of the most prolific plays in the United States. “The terminal provides crude producers …
WTI, Brent Crude Post Slight Gains on Friday
Crude oil futures settled higher on Friday as traders mulled OPEC efforts to reach a more balanced market and worried about the potential for more domestic shale production, according to Bloomberg MarketWatch. November West Texas Intermediate crude tacked on 18 cents, or 0.4%, to settle at $51.47 a barrel on the New York Mercantile Exchange. December …
Oil Settles Lower on Thursday as Analysts Predict A Year-End Peak for Oil, Shale
After four consecutive sessions of gains that lifted prices to their highest levels since late September, crude oil futures dipped on Thursday, according to Bloomberg MarketWatch. November West Texas Intermediate crude lost 75 cents, or 1.4%, to settle at $51.29 a barrel on the New York Mercantile Exchange. December Brent crude, the global benchmark, fell 92 …
WTI Settles Above $52 a Barrel on Wednesday
Crude oil futures finished with a slight gain on Wednesday as tensions escalated in the Middle East, according to Bloomberg MarketWatch. November West Texas Intermediate crude added 16 cents, or 0.3%, to settle at $52.04 a barrel on the New York Mercantile Exchange. On the ICE Futures Europe Exchange, December Brent crude, the global benchmark, rose …
Completion Reports October 19, 2017
CANADIAN COUNTY Cimarex Energy Co Mississippian(10161): Oil 102 Gas 2100 Water 1986 Flow 17 14N 10W Woolfolk 2h-1720x, September 22, 2017 HH, GAS, TD: 21502 ft Lat: 35.69579, Long: -98.28045 API: 35017249930001 MAJOR COUNTY Sandridge Exploration & Production Llc 11 20N 15W Dorothy 2015 1-11h2h, October 04, 2017 SH, PLUG, TD: 800 ft Lat: 36.21723, Long: -98.76173 API: 35093250950000
Permits to Drill October 19, 2017
Canadian County SHELLY #4H-3106X, October 17 2017 31 11N 8W NENENWNW API: 01725093 Lat: 35.39154682189958, Long: -98.09188656763686 CIMAREX ENERGY CO HH, DR, 22604 ft, MISSISSIPPI LIME(12006), MISSISSIPPIAN(12268), WOODFORD(12583) Creek County MAXWELL #5-1, October 17 2017 05 15N 8E NWSWNESE API: 03729384 Lat: 35.80374139634441, Long: -96.48014701585336 CHIZUM OIL LLC SH, DR, 3300 ft, DUTCHER(3210) Major County GUFFY …
Mustang Fuel Corporation Announces $65 Million Update to STACK System
Oklahoma City-based Mustang Fuel Corporation announced that its midstream subsidiary Mustang Gas Products, LLC is making progress on a $65 million capital upgrade aimed at increasing the capacity, efficiency and reach of its STACK midstream assets, according to a company press release issued on Tuesday. Mustang Fuel’s capital spending program is already underway and will …
Crude Oil Yields Flat Finish on Tuesday
Crude oil futures settled flat on Tuesday with very little change as traders awaited weekly supply data, according to Bloomberg MarketWatch. November West Texas Intermediate crude tacked on a penny to settle at $51.88 a barrel on the New York Mercantile Exchange. December Brent crude, the global benchmark, rose 6 cents, or 0.1%, to end trading at …
Cherokee Nation’s Bryan Rice Wins Nod for BIA Director Post
U.S. Secretary of the Interior Ryan Zinke announced Tuesday that Bryan Rice has been named as the new Bureau of Indian Affairs Director, according to a departmental press release. Bryan – a citizen of the Cherokee Nation of Oklahoma and veteran federal administrator – will lead the federal agency that coordinates government-to-government relations with 567 …