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Crude Oil Futures Bounce Back on Wednesday
Oil futures rebounded on Wednesday by notching slight gains while traders dealt with a smaller-than-expected decline in domestic crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude oil rose 43 cents, or 0.9%, to settle at $49.59 a barrel. October Brent crude, the global benchmark, gained 58 cents, …
Completion Reports August 3, 2017
BEAVER COUNTY Chaparral Energy Llc 32 1N 20E Camrick Unit 3262, June 03, 2017 SH, INJ, TD: 7404 ft Lat: 36.50303, Long: -100.92729 API: 35007206870002 BLAINE COUNTY Continental Resources Inc Mississippian(10012): Oil 183 Gas 388 Water 4008 Flow 18 16N 10W Blurton 3-7-6xh, June 24, 2017 HH, OIL, TD: 20543 ft Lat: 35.86897, Long: -98.30863 API: 35011236190001 Continental Resources Inc Mississippian(9994): Oil 95 Gas …
Permits to Drill August 3, 2017
Caddo County DRIES #1H-0136X, August 01 2017 01 10N 9W NWSWSWSW API: 01523282 Lat: 35.364733715758206, Long: -98.11277399487565 CIMAREX ENERGY CO HH, DR, 23463 ft, MISSISSIPPI LIME(11750), WOODFORD(13000), HUNTON(13250) Creek County STK #20-1, August 01 2017 20 15N 9E N2N2SWSE API: 03729378 Lat: 35.75862687226013, Long: -96.37569811208601 AYLUMA OPERATING INC SH, DR, 3900 ft, CLEVELAND(950), PRUE(2160), SKINNER(2250), RED …
Newfield Exploration Posts $98 Million in Net Income for Second Quarter of 2017
Houston-based Newfield Exploration Company reported a net income of $98 million or $0.49 per diluted share for the second quarter of 2017. Last year, the company reported a net loss of $667 million or $3.36 per diluted share, according to company financials. “We are on target to deliver the key objectives within our 2017 business …
Devon Energy Announces $425 Million Profit for 2Q 2017
Oklahoma City-based Devon Energy Corporation’s plan for growth is proving to be highly successful as the company posted $425 million in net earnings for the second quarter of 2017, up from a loss of more than $1.5 billion for the same quarter last year. “Devon achieved another high-quality operating performance in the second quarter, building …
Crude Oil Futures Retreat on Tuesday
Oil futures receded on Tuesday as the U.S. benchmark fell below $50 a barrel while evidence pointed to an OPEC production increase, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude fell $1.01, or 2%, to settle at $49.16 a barrel. October Brent crude, the global benchmark, lost 94 cents, …
Completion Reports August 2, 2017
CARTER COUNTY Citation Oil & Gas Corporation 16 2S 2W Cox Penn Sand Unit(Gladney #5) 4, March 17, 2017 SH, INJ, TD: 2011 ft Lat: 34.38829, Long: -97.40635 API: 35019041530001 HASKELL COUNTY Bravo Arkoma Llc Woodford(6716): Gas 3636 Water 1854 Flow 31 8N 20E Kinta 1-30/19h, April 09, 2017 HH, GAS, TD: 16061 ft Lat: 35.12795, Long: -95.23662 API: 35061223580001 HUGHES …
Permits to Drill August 2, 2017
Blaine County LEVI #1-13H, August 01 2017 13 13N 12W SWNENENW API: 01123270 Lat: 35.607686359243736, Long: -98.43025813682341 DEVON ENERGY PRODUCTION CO LP HH, RC, 17770 ft, ATOKA(11220), SPRINGER(11700) Blaine County SUCCOTASH 26-15N-13W #1H, April 19 2017 26 15N 13W SWSESESE API: 01123783 Lat: 35.74036978707537, Long: -98.54559573725291 PALOMA OPERATING CO INC HH, AM, 17269 ft, MISSISSIPPIAN(12325) Blaine …
ONEOK Doubles Down on STACK Expansion at Canadian County Gas Processing Facility
Tulsa-based ONEOK, Inc. plans to double its Canadian Valley natural gas processing facility in the STACK to 400 million cubic feet per day to support increasing production growth, according to a company press release issued Monday afternoon. The Canadian Valley II project in Canadian County, Oklahoma, is expected to be complete by the end of 2018. …
WTI Makes Big Jump Past $50 a Barrel on Tuesday
West Texas Intermediate oil futures charged past $50 a barrel on Tuesday as Brent crude continued to post another positive gain, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude rose 46 cents, or 0.9%, to settle at $50.17 a barrel, its highest close since May 24. September Brent …