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Garfield County Struck by 3.5 Magnitude Earthquake Late Wednesday Night
A 3.5 magnitude earthquake rattled north central Oklahoma late Tuesday night. The earthquake happened around 10:16 p.m. in Garfield County, registering a little more than a mile deep. The U.S. Geological Survey reported the epicenter was near the town of Hayward, about 22 miles east/southeast of Enid and 28 miles west/northwest of Stillwater. There are …
Permits to Drill July 13, 2017
Canadian County HASTEN 26-11-6 #1H, July 12 2017 26 11N 6W SWNWNWNW API: 01725041 Lat: 35.40497351142992, Long: -97.81214340503607 JONES ENERGY LLC HH, DR, 13755 ft, MISSISSIPPIAN(8950), WOODFORD(9050) Canadian County NELSON COM #1H-0706X, July 12 2017 07 14N 10W SESESWSE API: 01725040 Lat: 35.69704038936534, Long: -98.30116102169488 CIMAREX ENERGY CO HH, DR, 21973 ft, MISSISSIPPIAN (EX CHESTER)(11250), MISSISSIPPIAN(11330) …
WTI and Brent Climb Above $45 on Tuesday
Oil futures settled above $45 a barrel on Tuesday as news of potential OPEC production curbs for Libya and Nigeria and a lower forecast for 2018 domestic crude output sparked a jump in settlements, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude rose 64 cents, or 1.4%, to settle …
Permits to Drill July 12, 2017
Blaine County AMERICAN HORSE SWD #2, July 11 2017 02 15N 13W NWNENESE API: 01123825 Lat: 35.804450264059476, Long: -98.54477733214291 OVERFLOW ENERGY LLC SH, DR, 5500 ft, WOLFCAMPIAN(3450), VIRGILIAN(4810) Blaine County FAY SWD #1, July 11 2017 31 16N 13W NENWNWSW API: 01123827 Lat: 35.81905239557924, Long: -98.63076336527386 OVERFLOW ENERGY LLC SH, DR, 5500 ft, WOLFCAMPIAN(3450), VIRGILIAN(4810) Blaine …
Oil Futures Rise on Monday
Crude oil futures ended higher on Monday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude tacked on 17 cents, or 0.4%, to settle at $44.40 a barrel. September Brent crude, the global benchmark, also added 17 cents, or 0.4%, to end trading at $46.88 a barrel on the London ICE …
Permits to Drill July 11, 2017
Blaine County GRIZZLY 36_25-16N-12W #1HX, July 10 2017 02 15N 12W NWNENENE API: 01123823 Lat: 35.81161927219996, Long: -98.43823598286444 DEVON ENERGY PRODUCTION CO LP HH, DR, 21676 ft, MISSISSIPPIAN (EX CHESTER)(9974), WOODFORD(11754) Canadian County RAFTER J #1H-17-20, July 10 2017 08 11N 8W SWSWSWSW API: 01725038 Lat: 35.43573308375762, Long: -98.07781300610615 CITIZEN ENERGY II LLC HH, DR, 22610 …
Baker Hughes Rig Count: U.S. Gains 12 New Rigs, Oklahoma Adds 4
Both the U.S. and Oklahoma saw big jumps in rig counts in the past week according to figures released by Baker Hughes. Oklahoma’s count jumped by four to reach 136. A year ago, the state had only 59 working oil and gas rigs. Nationally, the count grew by 12, reaching 952 active rigs. The nation’s …
Crude Oil Futures Dive on Friday as Rig Count and Production Rise
Crude prices plunged on Friday resulting in a loss of nearly 4% for the week, as a rise in domestic oil production and an uptick in the active rig count troubled investors, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude fell $1.29, or 2.8%, to settle at $44.23 a …
Quinn Files Appeal Over District Court Decision Ruling Note Forged in McClendon Estate
Last November, OK Energy Today reported on the $500,000 claim filed by retired Tulsa businessman Thomas Quinn against the estate of Oklahoma City oil mogul Aubrey McClendon. Oklahoma County District Court Judge Patricia Parrish granted a motion for summary judgment last month against Quinn in the matter. Quinn is striking back by filing a petition …
Williams Completes Sale of Geismar, Louisiana Olefins Subsidiary
Tulsa-based Williams Partners L.P. announced Wednesday that it has completed the divestiture of Williams Olefins L.L.C. to NOVA Chemicals for $2.1 billion in cash, according to a company press release. The Olefins subsidiary owns an 88.46 percent undivided ownership interest in the Geismar, Louisiana, olefins plant and associated complex. Additionally, Williams Partners subsidiaries have entered …