While Williams of Tulsa is getting out of the San Juan Basin and the Four Corners oil and gas area, DJR Energy LLC based in Denver is entering the play in a big way. DJR Energy announced it has agreed to acquire Encana Corporation’s San Juan Basin assets which include 182,000 net acres. Combined …
ConocoPhillips says its entered into an agreement to sell part of its 30 percent interest in the Greater Sunrise Fields in the Pacific to the government of Timor-Leste. It’s a $350 million deal, according to ConocoPhillips. But it is also conditioned on the government receiving funding approval from the Timor-Leste Council of Ministers and National …
Those were record-setting rains in September in southern Oklahoma…just ask any of the oil and gas crews operating in the region. The Oklahoma Climatological Survey, in a report this week indicated the official rainfall on Sept. 21 at Fittstown was 14.2 inches, the second highest daily total in the state since records began in the …
Tulsa’s Williams Co. announced it has wrapped up the $1.125 billion cash sale of its assets and equity in the previous Four Corners Area business in New Mexico and Colorado to Harvest Midstream Company. Houston-based Harvest Midstream Company, an affiliate of Hilcorp Energy Company has taken over operation of the assets which include 3,700 miles …
A Minnesota oil and gas exploration company that focuses its efforts in the Bakken shale of North Dakota and Montana has wrapped up its largest acquisition. Northern Oil and Gas Inc. announced it closed on the purchase of W Energy Partners in a purchase involving nearly $115 million in cash and 51,47,961 shares of Northern …
Houston’s Newfield Energy must have been sitting on a list of completion reports before filing them this week with the Oklahoma Corporation Commission. Regardless, its latest multi-well pad drilling paid off. Eleven reports were filed by the exploration company—six in Kingfisher County, two in Garvin County, one in Dewey County and two in Canadian county—-showing …
There apparently is no letup from the small earthquakes rattling the northern Oklahoma areas around the Logan County town of Coyle and east of Woodward. The latest quake recorded by the U.S. Geological Survey happened several minutes after midnight on Tuesday, Oct. 2. The USGS recorded the 2.9 magnitude quake at 12:06 a.m. and its …
Natural gas production hit another record high in July according to recent figures released by the Energy Information Administration. Gross gas production from the lower 48 states rose to 92.5 Bcf/d which was a nearly 2 percent increase from June and nearly 12 percent higher than July 2017. Oklahoma’s natural gas production in July was …
Timber giant Weyerhaeuser, the company with large operations in southeast Oklahoma’s mountainous forests was part of the U.S. Supreme Court’s October session. The company is involved in a fight over a frog in Louisiana. Weyerhaeuser filed suit against the Interior Department challenging it reach of the Endangered Species Act. The fight is over the Fish …
Oklahoma state leaders might be paying close attention later in the month as the U.S. Supreme Court considers the right of a state to enforce a fuels tax on an Indian tribe. At stake is the case of a tribal gas retailer in Washington state. The state Supreme court ruled that tribal treaties from the …