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Permits to Drill March 7, 2017
Carter County OIL CITY UNIT #59, March 06 2017 27 3S 2W SENWSENW API: 01926270 Lat: 34.26943029857037, Long: -97.39878262699371 KODIAK OIL & GAS INC SH, DR, 1150 ft, PONTOTOC(850) Garfield County SMITTY #2-13H, March 06 2017 12 23N 5W SWSESESE API: 04725088 Lat: 36.47751900289334, Long: -97.67695462780043 SK PLYMOUTH LLC HH, DR, 11076 ft, MISSISSIPIAN(5656) …
Eagle Road Oil and Cummings Oil Named as Defendants In Pawnee Tribal Court Earthquake Case
Two Oklahoma oil and gas companies are targeted in a new tribal court lawsuit filed Friday by the Pawnee Nation alleging liability over the 5.8 magnitude earthquake that resulted in significant damage to tribal structures, according to a news report in The Tulsa World. Tulsa-based Eagle Road Oil LLC and Oklahoma City-based Cummings Oil Co. …
Samson Resources Emerges From Bankruptcy, Appoints New Board
Tulsa-based Samson Resources Corporation announced on Wednesday that it has emerged from bankruptcy and discharged $4 billion in debt and $300 million of annual interest expense. The company has transferred nearly all of its remaining assets and subsidiaries to a new company, Samson Resources II, LLC. Samson Resources filed for Chapter 11 bankruptcy reorganization in …
WTI, Brent Settle Higher on Friday, Lower for the Week
Oil futures settled higher on Friday despite registering losses for the week, as traders expressed concern about OPEC’s compliance with the production cut, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, April West Texas Intermediate crude rose 72 cents, or 1.4%, to settle at $53.33 a barrel. For the week, WTI suffered a …
Permits to Drill March 6, 2017
Blaine County PARHAM #1R-17H, March 03 2017 08 16N 10W SWSESWSW API: 01123755 Lat: 35.87061154773929, Long: -98.2937415613359 CONTINENTAL RESOURCES INC HH, AM, 15303 ft, MISSISSIPPIAN(9789) Blaine County PARHAM #1R-17H, March 03 2017 08 16N 10W SWSESWSW API: 01123755 Lat: 35.870666486305424, Long: -98.29364030909747 CONTINENTAL RESOURCES INC HH, DR, 15303 ft, MISSISSIPPIAN(9789) Canadian County PONDEROSA 33-13-6 …
OIPA Comments on EPA’s Withdrawal of Data Request on Oil & Gas Equipment and Emissions
Oklahoma Independent Petroleum Association Vice President of Governmental Affairs Tim Wigley released the following statement regarding the withdrawal of an EPA request for oil and natural gas operators to provide information on equipment and emissions at existing operations: “Today’s announcement is a clear signal that the days of burdensome and costly regulations put on the …
Rick Perry Confirmed as Federal Energy Department Secretary
Former Texas Governor Rick Perry was confirmed by the Senate on Thursday to lead the Energy Department under the Trump Administration. Perry was confirmed by a vote of 62 to 37. Despite calling for the agency’s elimination in 2012 on the campaign trail, Perry expressed regret with his statement during his confirmation hearing. In January, …
OK House Passes Two Measures to Address Trespassers and Property Damage
The Oklahoma House of Representatives passed a floor measure on Thursday holding trespassers liable for property damage. The bill is designed to deter public protests like the recent Dakota Access Pipeline demonstration in North Dakota. House Bill 2128, authored by Rep. Mark McBride (R-Moore), assigns liability to anyone who is arrested or convicted of trespass …
Crude Oil Futures Fall Lower on Thursday as Inventory Supply Hits Record
Oil prices dived lower for a third consecutive session on Thursday after government data revealed that domestic crude inventories hit a record and production gained momentum last week, according to Bloomberg MarketWatch. “The all-time high crude stockpile levels in the U.S. is the number one reason” behind oil’s recent inability to climb, said Fawad Razaqzada, …
Completion Reports March 3, 2017
GRADY COUNTY Newfield Exploration Mid-con Inc Woodford(11113): Oil 238 Gas 278 Water 2591 Flow 19 8N 5W Deskins 1h-7x, December 24, 2016 HH, OIL, TD: 21520 ft Lat: 35.15872, Long: -97.76089 API: 35051240650000 OKMULGEE COUNTY Advance Oil Corporation 22 14N 11E Wilson 2 W, January 20, 2017 null, INJ, TD: 2820 ft Lat: 35.67806, …