September 18, 2016 archive

Baker Hughes Rig Count: Oklahoma Adds Three New Rigs While U.S. Drops by Two

Oklahoma led the way last week with three new rigs while the U.S. rig count fell by two, according to the Baker Hughes rig count released on Friday. Canada lost two rigs for a total of 132. Canada is down 50 rigs when compared with data from a year ago. The U.S. rig count deceased …

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WTI Drops to Nearly $43, Brent Crude Settles Above $45 on Friday

Oil futures continued to fall on Friday, with WTI settling near $43 and Brent crude barely making it over $45, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell 88 cents, or 2%, to settle at $43.03 a barrel, marking its lowest finish since August 10. For the week, …

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McClendon Wine Collection Fetches $8.44 Million at Auction

The vast wine collection of late energy executive Aubrey McClendon sold for $8.44 million, exceeding auction estimates and breaking records for some rare bottles, according to a Bloomberg report. When the sale was announced last month, the massive collection included 1,058 lots of nearly 4,700 fine bottles of Le Pin, Pétrus, Cult Napa Cabernet and …

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Jacob Walter Tapped as Lead Seismologist by Oklahoma Geological Survey

The Oklahoma Geological Survey announced Friday that Dr. Jacob Walter was hired as the state’s lead seismologist to help study the increase in earthquakes linked to oil and natural gas wastewater disposal activities. Walter earned a Bachelor of Arts degree in Geology from the University of Colorado at Boulder and a Doctorate degree in Earth …

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Completion Reports September 19, 2016

DEWEY COUNTY Jma Energy Company Llc Cleveland: Oil 298 Gas 2420 Water 3597 Flow 31 17N 19W Rose Hill 1-31h, July 21, 2016 HH, OIL, TD: 13870 ft Lat: 35.89959, Long: -99.27050 API: 35043233900001 Jma Energy Company Llc Cleveland: Oil 571 Gas 2347 Water 2134 Flow 36 17N 20W Fariss 4-36h, July 23, 2016 HH, …

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Permits to Drill September 19, 2016

Alfalfa County PECHA #2B, September 16 2016 09 23N 9W CSWNWNW API: 00323261 Lat: 36.489465022006634, Long: -98.17499474904227 GOOD VAUGHN OIL COMPANY LLC SH, DR, 6550 ft, OSWEGO(5930), CHESTER(6350) Blaine County BINDER #1-13H, September 16 2016 12 16N 11W NESWSWSW API: 01123652 Lat: 35.871562608924364, Long: -98.32967292603787 CONTINENTAL RESOURCES INC HH, DR, 16451 ft, WOODFORD(11143) Creek County …

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