Author's posts
SB 867 Compromise Bill Garners Wide Industry Support, Passes Through Joint Committee
Three energy groups announced their support of a compromise bill that would expand horizontal drilling by allowing long-lateral drilling operations in all geologic formations. The Oklahoma Oil & Gas Association, Oklahoma Independent Petroleum Association and the Coalition of Oklahoma Surface and Mineral Owners joined together in supporting Oklahoma Senate Bill 867, according to a joint …
Production Growth Forecast Heightens Trader Fear, Forces Lower Settlements on Tuesday
After rebounding on Monday, crude oil prices dipped on Tuesday as traders weighed a monthly governmental production forecast and awaited weekly supply reports, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude fell by 55 cents, or 1.2%, to settle at $45.88 a barrel. July Brent crude, the global benchmark, lost …
Completion Reports May 10, 2017
COTTON COUNTY Butkin Oil Company Llc 4 2S 10W T N Henry 6, April 20, 2017 SH, TA, TD: 2148 ft Lat: 34.41737, Long: -98.25803 API: 35033026110001 GARFIELD COUNTY Sk Plymouth Llc Mississippian(5696): Oil 160 Gas 854 Water 1841 Pump 10 23N 5W O’quin 2-10h, March 12, 2017 HH, OIL, TD: 10770 ft Lat: …
Permits to Drill May 10, 2017
Blaine County WALD RANCH FEDERAL #1-27-22XH, May 09 2017 27 14N 13W S2NESESE API: 01123797 Lat: 35.65473331081946, Long: -98.56229925178546 CONTINENTAL RESOURCES INC HH, DR, 23758 ft, WOODFORD(14138) Canadian County JIMMIE COM #1H-3019X, May 09 2017 30 11N 8W SWSESESE API: 01725012 Lat: 35.39277198841139, Long: -98.07653932311597 CIMAREX ENERGY CO HH, DR, 20412 ft, MISSISSIPPIAN(12268), WOODFORD(12583) …
State Capitol Demonstrators Push for Gross Production Tax Increase
A small group of protesters visited the State Capitol on Monday challenging legislators to hike the gross production tax on oil and natural gas operations, according to a report by Aaron Brilbeck of News 9. The tax has become one of the most hotly contested items in this year’s budget negotiations, which are at a …
OCC’s Anthony Pleads With House Committee to Reopen Bell Case, Listen to FBI Tapes
Longtime Oklahoma Corporation Commissioner Bob Anthony continued his efforts on Monday to breathe life into the refund case involving the 1989 Southwestern Bell bribery litigation. Commissioner Anthony urged the House General Government Oversight and Accountability Committee to pursue reopening the case which was recently dismissed by the same regulatory agency of which he is a …
WTI and Brent Climb on Monday as Signs Point to Extension of OPEC Production Cut
Crude oil futures gained some ground and settled higher on Monday as producers remained confident that OPEC will extend its current agreement to curb production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June WTI crude, the U.S. benchmark, tacked on 21 cents, or 0.5%, to settle at $46.43 a barrel. On the London …
Completion Reports May 9, 2017
BEAVER COUNTY Latigo Oil And Gas Inc Chase: Gas 109 Water 3 Flow 3 3N 27E Sizelove 3-1, February 09, 2017 SH, GAS, TD: 3720 ft Lat: 36.75546, Long: -100.13493 API: 35007242150002 CREEK COUNTY Koby Oil Company Llc 1st Wilcox: Oil 3 Gas 20 Water 500 Pump Prue(2245): Oil 37 Gas 80 Water 5 …
Permits to Drill May 9, 2017
Canadian County VICKREY #1H-32-5, May 08 2017 32 11N 8W NWNWNWNW API: 01725010 Lat: 35.39160745896175, Long: -98.07787436238634 CITIZEN ENERGY II LLC HH, DR, 22980 ft, MISSISSIPPIAN(12250), WOODFORD(12450) Cimarron County JCH #4, May 08 2017 02 1N 9E CW2NWSW API: 02521076 Lat: 36.57916636187022, Long: -102.06699735186274 SEC PRODUCTION INC SH, DR, 4750 ft, MORROW SAND(4700) Creek …
Enable Announces New Pipeline to Transport Natural Gas from STACK and SCOOP
Oklahoma City-based Enable Midstream Partners is planning to build a natural gas pipeline to transport resources from the STACK and SCOOP, according to a report in The Oklahoman. The pipeline, dubbed Project Wildcat, will move 400 million cubic feet of natural gas daily through Canadian, Grady, McClain and Garvin counties and continue through southern Oklahoma …