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NGL Energy Posts $26.5 Million Net Income for 4Q, Nearly $144 Million for FY 2017
Tulsa-based NGL Energy Partners LP announced on Thursday that it posted $26.5 million in net income for the fourth quarter and $143.9 million for Fiscal Year 2017, according to a company press release. This compares with last year’s net losses of $207 million and $187.1 million, respectively. Earlier in February, NGL issued $500 million of 6.125% …
Crude Oil Futures Sink Below $50 a Barrel on Thursday
Crude oil futures plunged on Thursday, suffering a price drop of nearly 5% as traders were disappointed with OPEC’s decision to temporarily extend production cuts, according to Bloomberg MarketWatch. July West Texas Intermediate crude dropped $2.46, or 4.8%, to settle at $48.90 a barrel on the New York Mercantile Exchange. July Brent crude, the global benchmark, …
Completion Reports May 26, 2017
BLAINE COUNTY Continental Resources Inc Miss’an Lm(11132): Oil 307 Gas 14917 Water 2640 Flow 1 14N 12W Nuzum 1-1-12xh, April 03, 2017 HH, GAS, TD: 22550 ft Lat: 35.72460, Long: -98.43170 API: 35011235740000 Continental Resources Inc Mississippian(10211): Oil 517 Gas 874 Water 2069 Flow 24 16N 11W Bernhardt 5-13h, March 01, 2017 HH, OIL, …
Permits to Drill May 26, 2017
Blaine County HYDRA 29_20-16N-10W #1HX, May 25 2017 29 16N 10W SWSESESE API: 01123808 Lat: 35.827081976865635, Long: -98.27952493414287 DEVON ENERGY PRODUCTION CO LP HH, DR, 20267 ft, MISSISSIPPI LIME(9283), WOODFORD(10718) Canadian County BLONDIE 26-11-6 #1H, May 25 2017 26 11N 6W SESESESE API: 01725017 Lat: 35.39233780608755, Long: -97.79646946732798 JONES ENERGY LLC HH, DR, 13471 …
WTI, Brent Crude Fall on Wednesday After Six Consecutive Gains
Prior to Thursday’s highly anticipated OPEC meeting in Vienna, crude oil prices dropped on Wednesday as traders anxiously awaited the announcement on an end or continuation of the production agreement, according to Bloomberg MarketWatch. July West Texas Intermediate crude shed 11 cents, or 0.2%, to settle at $51.36 a barrel on the New York Mercantile Exchange. …
Erin Brochovich Returning to Oklahoma for Earthquake Forums in June
Erin Brochovich is returning to Oklahoma to host additional community meetings in June. She will be joined by attorneys from the law firm of Weitz & Luxenberg and experts to discuss pending litigation against energy companies. The law firm was responsible for filing lawsuits in Cushing and Pawnee after an increase in seismic activity. The …
Completion Reports May 25, 2017
BECKHAM COUNTY Atalaya Resources Llc Des Moines: Oil 191 Gas 1464 Water 1301 Flow 33 11N 21W Barnett 29/28-11-21 3h, April 11, 2017 HH, OIL, TD: 18110 ft Lat: 35.39088, Long: -99.43437 API: 35009219810001 BLAINE COUNTY Continental Resources Inc Mississippian(10161): Oil 794 Gas 1323 Water 1457 Flow 24 16N 11W Bernhardt 4-13h, February 28, …
Permits to Drill May 25, 2017
Blaine County DEBBIE #1413 1H-3X, May 24 2017 11 14N 13W SESWSWSW API: 01123807 Lat: 35.697021974893204, Long: -98.55982384683746 NEWFIELD EXPLORATION MID-CON INC HH, DR, 23317 ft, MISSISSIPPIAN(11746), WOODFORD(13275) Canadian County ZUM MALLEN 1307 #2-21MHA, May 24 2017 21 13N 7W NWNENENE API: 01725016 Lat: 35.59419844901503, Long: -97.94266941044643 MARATHON OIL COMPANY HH, DR, 13958 ft, …
WTI and Brent Crude Futures Build on Fifth Consecutive Gain
Buoyed by expectations that OPEC will extend production cuts, oil prices continued to climb on Tuesday, according to Bloomberg MarketWatch. July West Texas Intermediate crude tacked on 34 cents, or 0.7%, to settle at $51.47 a barrel on the New York Mercantile Exchange after taking over as a lead contract at Monday’s close. July Brent crude, …
Completion Reports May 24, 2017
ALFALFA COUNTY Midstates Petroleum Company Llc 17 25N 12W Keltner 2512 1-17 Swd, March 06, 2017 SH, DISP, TD: 7167 ft Lat: 36.65164, Long: -98.51697 API: 35003231830001 BECKHAM COUNTY Atalaya Resources Llc Des Moines: Oil 509 Gas 2356 Water 1120 Flow 33 11N 21W Barnett 29/28-11-21 2h, April 11, 2017 HH, OIL, TD: 18286 …