June 28, 2016 archive

WTI, Brent and Natural Gas Futures Climb on Tuesday

Crude oil futures changed course and rebounded on Tuesday, posting gains as markets continued to weigh the outcome of the Brexit vote, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude gained $1.52, or 3.3%, to settle at $47.85 a barrel. On the London ICE Futures Exchange, August Brent …

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Completion Reports June 29, 2016

BLAINE COUNTY Continental Resources Inc Mississippian(9631): Oil 1627 Gas 3395 Water 1808 Flow 10 16N 10W Quintle 1r-10-3xh, April 16, 2016 HH, OIL, TD: 19860 ft Lat: 35.87077, Long: -98.25923 API: 35011235620000 Continental Resources Inc Woodford(16100): Gas 7136 Water 5582 Flow 29 13N 13W Lacretia 1-29-20xh, March 14, 2016 HH, GAS, TD: 23867 ft Lat: …

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Permits to Drill June 29, 2016

Hughes County MCCOY #1-A, June 28 2016 28 9N 10E SWSWNENW API: 06320785 Lat: 35.22889243359358, Long: -96.2593895366391 NEW DOMINION LLC SH, RC, 3794 ft, DUTCHER(2610), UNION VALLEY(3010) Kingfisher County PINEHURST 1706 #5-5MH, June 28 2016 08 17N 6W NWNWNENE API: 07325328 Lat: 35.97017674937697, Long: -97.85822065892243 OKLAHOMA ENERGY ACQUISITIONS LP HH, DR, 12946 ft, MISS’AN (EX …

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OCC Hosting Workshop for Oklahoma Royalty Owners

The Oklahoma Corporation Commission Oil & Gas Public Assistance Department is holding a workshop for Oklahoma royalty owners on Saturday, September 24, 2016 at the Sheraton Hotel Downtown Oklahoma City. Registration begins at 7:00 a.m. and workshop hours are from 8:00 a.m. to 5:30 p.m. Scheduled speakers include: Commissioner Dana Murphy Oklahoma Corporation Commission Vice …

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Fiery Head-On Train Crash near Amarillo

Federal investigators were on the scene Tuesday of the fiery head-on collision of two Burlington Northern Santa Fe freight trains in the Texas Panhandle. An unknown number of people were injured in the collision that happened near the town of Panhandle about 25 miles northeast of Amarillo. Nearby residents were evacuated after the collision that happened …

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Cessna Delivers 7,000th Citation

Cessna just delivered its 7,000th Cessna Citation business jet this week, turning over the midsize business jet to NetJets, Inc., a Berkshire Hathaway company. The Wichita, Kansas based company is now a subsidiary of Textron Aviation, Inc. The planes are used worldwide by many oil and gas companies that move crews and engineers from site …

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Lawler Gets CEO Contract Extension at Chesapeake

Chesapeake Energy Corporation extended the employment contract of President and CEO Robert “Doug” Lawler until December 31, 2018, according to a recent report published in The Oklahoman. Despite losing more than $14 billion with shares falling almost 70%, the Oklahoma City-based company paid a total of $15.4 million to Lawler last year in the form …

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Inhofe’s Bill to Clean Up Brownfield Sites Wins Senate Approval

From Politico’s Morning Energy Report on Tuesday: BUILDING THE BUILD ACT: The Senate yesterday passed by unanimous consent the BUILD Act, S. 1479, a bill co-sponsored by Sens. Jim Inhofe and Ed Markey to improve the reclamation and cleanup of brownfields. Among other provisions, the bill allows the EPA to provide up to $500,000 in …

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Governor Names Four to Aeronautics Commission

Governor Mary Fallin recently made four appointments to the State Aeronautics Commission. Jerry Hunter, owner and chief executive officer of Sundance Airport in Oklahoma City is a new appointee, named to replace the late Tom Stephenson who died in April. His term will expire at the end of 2021. Michael Ray of Guymon remains on …

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Oklahoma Gasoline Prices Hit $2.09 Average

  As a record number of Oklahomans and others will travel for the upcoming July 4th holiday, gasoline prices in the state are holding steady with a statewide average of $2.09 a gallon. AAA Oklahoma says prices in the past five weeks in Oklahoma have been in the range of $2.07 to $2.16. “Oklahoma’s gas …

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