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Permits to Drill April 6, 2017
Canadian County NADYNE ICE BURRESS #2H-1720X, April 04 2017 17 14N 10W SENENENE API: 01724991 Lat: 35.69496690270135, Long: -98.27895594897531 CIMAREX ENERGY CO HH, DR, 22150 ft, WOODFORD(12100) Garvin County JOY #1, December 15 2015 13 1N 2W SWNESESW API: 04925069 Lat: 34.55269416268265, Long: -97.36288679035783 OBELE OPERATING COMPANY LLC SH, AM, 7000 ft, TULEY 3(4578), …
OKOGA Voices Discord With OEPA’s Gross Production Tax Hike Proposal
The oldest energy trade association in the United States is vehemently opposed to another state energy alliance’s proposal to raise Oklahoma’s gross production tax to 7 percent. “It’s disappointing to see well-respected Oklahomans use such misleading arguments to push for job-killing tax increases,” said Chad Warmington, president of the Oklahoma Oil and Gas Association (OKOGA). Warmington …
Oil Futures Buoyed on Tuesday by Expectations of Declining Inventories
Crude oil prices rebounded on Tuesday, settling at a four-week high after rising on expectations that weekly domestic inventory data would show a decline, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude oil rose 79 cents, or 1.6%, to settle at $51.03 a barrel. Earlier in the session, …
Completion Reports April 5, 2017
CANADIAN COUNTY Newfield Exploration Mid-con Inc Mississippian(8302): Oil 588 Gas 367 Water 835 Flow 27 14N 6W Eileen 1h-14x, February 22, 2017 HH, OIL, TD: 18665 ft Lat: 35.66675, Long: -97.81841 API: 35017249440000 GRADY COUNTY Newfield Exploration Mid-con Inc Springer(13335): Oil 485 Gas 926 Water 295 Flow 10 3N 5W Auld 2h-34x, December 17, …
Permits to Drill April 5, 2017
Garvin County HAMMER/SOUTHERN #8-3, April 04 2017 03 2N 2W CNESWSE API: 04923277 Lat: 34.66924465233087, Long: -97.3932746479199 BAYS EXPLORATION INC SH, RC, 7630 ft, SYCAMORE(6300) Grady County E J CRADDOCK #8-28X21H, March 13 2017 33 5N 6W SWNWNENE API: 05124114 Lat: 34.868518508057804, Long: -97.83267433497836 GULFPORT ENERGY CORP HH, AM, 25700 ft, WOODFORD(14856) Grady County …
WTI, Brent Crude Remain Above $50 While Posting Lower Settlements on Monday
Crude oil futures diminished on Monday, recouping some of last week’s gains as traders pondered whether OPEC is inclined to modify the limited production agreement in place since January, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude oil futures fell 36 cents, or 0.7%, to settle at $50.24 …
Completion Reports April 4, 2017
CANADIAN COUNTY Mallard Oil & Gas Oswego-prue: Oil 4.5 Gas 8 Water 9 Pump 22 11N 5W Reinauer 1, July 01, 2016 SH, OIL, TD: 8735 ft Lat: 35.41158, Long: -97.72245 API: 35017214330001 CARTER COUNTY Lewis Oil Operations Llc 16 2S 2W Cox 7, July 09, 2016 SH, INJ, TD: 2860 ft Lat: 34.37746, …
Permits to Drill April 4, 2017
Caddo County WYATT #1H-24, April 03 2017 13 11N 13W NWSWSWSE API: 01523277 Lat: 35.42183572379875, Long: -98.52579192630363 EXCALIBUR RESOURCES LLC HH, DR, 15250 ft, HOXBAR(9878) Canadian County COWBOY #1H-34-3, November 03 2016 34 11N 7W NENENENW API: 01724943 Lat: 35.3909647931158, Long: -97.92894232173718 CITIZEN ENERGY II LLC HH, AM, 18800 ft, MISSISSIPPIAN(10350), WOODFORD(10600) Carter County …
OU Law School Hosts Oil & Gas Symposium on April 7
The University of Oklahoma College of Law will host its inaugural Oil and Gas, Natural Resources and Energy Journal Symposium on April 7, according to a press release and report by the OU Daily. This year’s theme is “The Future of Oil and Gas Law and Policy.” “It is a special and unprecedented occasion to …
WTI and Brent Crude Finish Week Above $50 a Barrel on Friday
Crude oil future settlements remained above $50 a barrel on Friday as domestic prices held their ground for the past three weeks despite a quarterly loss of nearly 6%, according to Bloomberg MarketWatch. May WTI crude rose 25 cents, or 0.5%, to settle at $50.60 a barrel on the New York Mercantile Exchange. Prices finished about …