Oil futures settled at their highest level on Wednesday in nearly a week and ahead of the latest governmental updates on U.S. crude oil supplies, according to Bloomberg MarketWatch. October West Texas Intermediate crude added 67 cents, or 1.5%, to settle at $45.50 a barrel on the New York Mercantile Exchange. On London’s ICE Futures …
September 7, 2016 archive
Completion Reports September 8, 2016
ALFALFA COUNTY Chesapeake Operating Llc 36 27N 12W Columbia 36-27-12 Swd 1, May 18, 2016 SH, DISP, TD: 7902 ft Lat: 36.78195, Long: -98.44933 API: 35003227100002 CREEK COUNTY Gaskins Glendell L Production Llc Misener(3042): Oil 2 Water 16 Pump 25 15N 10E Gaskins 2-25, November 26, 2015 SH, OIL, TD: 3182 ft Lat: 35.74707, Long: …
Permits to Drill September 8, 2016
Blaine County BINDER #3-13H, September 07 2016 24 16N 11W SWNENWNE API: 01123649 Lat: 35.85406373032752, Long: -98.31902214236463 CONTINENTAL RESOURCES INC HH, DR, 16331 ft, WOODFORD(11059) Coal County JOLENE #3-26H, September 06 2016 26 2N 11E NWNENENW API: 02921346 Lat: 34.62146353536919, Long: -96.119725851951 : BP AMERICA PRODUCTION COMPANY HH, DR, 16750 ft, WOODFORD(11208) Coal County JOLENE …
Corporation Commission Dismisses $16 billion Refund Case involving Bribed Vote
“If they think bribery is good, that’s not Oklahoma law.” Ret. Gen. Richard Burpee The 2-1 vote by the Oklahoma Corporation Commission to dismiss the efforts of consumers for nearly $16 billion in refunds from Southwestern Bell did not come as a surprise to those making the challenge. Commissioners Todd Hiett and Dana Murphy voted …
Sam Noble Museum Hosts Earthquake Exhibit
The Sam Noble Museum on the campus of the University of Oklahoma will hosts the traveling exhibit “When the Earth Shakes” from September 17, 2016 through January 2, 2017. “This really is an exhibit that will fascinate people of all ages, especially those who have a special interest in the science behind earthquakes,” said Morgan …
Magellan Midstream Offers $500 million in Senior Notes
TULSA, Okla., Sept. 6, 2016 /PRNewswire/ — Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced $500 million of its 4.25% senior notes due 2046. The notes were priced at 98.762% of par to yield 4.324% to maturity. The partnership intends to use the net proceeds from this offering of approximately $488.7 million, …
Devon Announces Another Big Oil Find in Oklahoma’s STACK
OKLAHOMA CITY–(BUSINESS WIRE)– Devon Energy Corp. (NYSE: DVN) announced today it has successfully tested its third Meramec spacing pilot and commenced production on two high-rate, extended-reach lateral oil wells in the core of the over-pressured oil window of the STACK. The Pump House spacing pilot tested a seven-well pattern across a single-section interval in the …
Gasoline Prices Keep Falling…..New State Average of $2.06
The Labor Day weekend brought a drop in gasoline prices in Oklahoma with a new statewide average of $2.06, a drop of 5 cents a gallon according to AAA Oklahoma. “The statewide average is down seven cents from where it was on August 30, said Chuck Mai, spokesman for the group. “But the drop is …
Oklahomans Show Support for Native Americans Fighting North Dakota Oil Pipeline
Some Oklahoma Indian tribes are supporting the protest of the Dakota Access oil pipeline that is being built across North Dakota, South Dakota, Iowa and Illinois. The Eastern Shawnee Tribe of Oklahoma recently sent volunteers as well as donations of food, water and other supplies to the protesters who include a large population of Native …
Oil and Gas Downturn Opens Door to Recession in Oklahoma
The energy downturn in Oklahoma is being blamed again as the latest gross receipts at the State Treasury were down for an 18th consecutive month in August, according to State Treasurer Ken Miller. Some quoted him as calling it a recession in Oklahoma. Miller said one thing is clear—the state’s jobless numbers were greater than …
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