Oil futures settled lower on Tuesday, as traders awaited weekly data that is expected to reflect an increase in domestic crude supplies, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude lost 12 cents, or 0.2%, to settle at $48.69 a barrel. On the London ICE Futures Exchange, December Brent …
October 4, 2016 archive
Completion Reports October 5, 2016
CANADIAN COUNTY Citizen Energy Ii Llc Mississippian: Oil 800 Gas 2042 Water 1972 Flow 16 10N 5W Rikella 2h-16-9, June 09, 2016 HH, OIL, TD: 15681 ft Lat: 35.33416, Long: -97.73930 API: 35017248970000 GRADY COUNTY Citizen Energy Ii Llc Mississippian: Oil 1335 Gas 3562 Water 889 Flow 1 9N 6W Rosemary 1h-1-36, April 11, …
Permits to Drill October 5, 2016
Canadian County WILLIAMS #1H-3106X, July 25 2016 31 11N 7W NENWNWNE API: 01724929 Lat: 35.39097177558444, Long: -97.97972512842162 CIMAREX ENERGY CO HH, AM, 21321 ft, MISSISSIPPIAN(11000), WOODFORD(11289), HUNTON(11438) Canadian County OPPEL #1H-17-20, June 21 2016 09 11N 7W NWSESWSW API: 01724912 Lat: 35.43615731670723, Long: -97.95183725027096 CITIZEN ENERGY II LLC HH, AM, 19100 ft, MISSISSIPPI(10550), WOODFORD(10700) Kingfisher …
Former Chesapeake Exec Lands Leadership Position at Swift Energy
Former Chesapeake Energy executive Marcus Rowland has taken over as chairman of the board of Houston-based Swift Energy Company. Rowland previously had been the Chief Financial Officer at Chesapeake Energy and his term as chairman will expire in 2019. The company said his appointment followed the retirement of CEO Terry Earl Swift and CFO Alton Heckaman Jr. …
Marathon Oil Unloads $235 million in Holdings
A year after Marathon Oil spent $888 million acquiring holdings in Oklahoma’s Anadarko shale reserve, the company has signed a deal to sell some of its non-core assets in western Texas and New Mexico for $235 million. The company did not reveal the identity of the buy but explained the properties produced nearly 4,000 barrels …
Pawnee Rattled by Another Earthquake
Nearly a month after a record 5.8 magnitude earthquake struck Pawnee, the city was rattled early Tuesday morning by a 3.5 magnitude quake. The U.S. Geological Survey says its epicenter was about 10 miles northwest of the city but at last word, there were no reports of damage or injury. It is the latest …
20th Annual Oklahoma Oil and Gas Expo Set for Thursday
“Networking is priceless. Can’t put a value on it, especially right now. It’s a great show, it really is.” Pat Brown, on SOER’s 20th annual Expo. From small operators to large producers, they will gather Thursday in Oklahoma City for the 20th annual Oklahoma Oil and Gas Expo. And Bristow independent oilman Pat Brown, …
New Dominion’s Earthquake Related Lawsuit Against Lloyd’s of London Moved to New York
Tulsa-based New Dominion recently won a judge’s decision to move one of its earthquake-related lawsuits from Oklahoma to New York. The energy company, sued for the 2011 earthquake in Prague turned around and filed suit last spring in Tulsa against Lloyd’s of London, trying to force the insurer to pay for property damage. Dominion argued …
Natural Gas Drilling Resumes in Arkansas’ Fayetteville Shale Play
In Arkansas, there is some excitement since the first natural gas drilling rig in the state since the end of 2015 has gone up in the Fayetteville Shale play. KUAR radio, a National Public Radio affiliate in Little Rock reports the rig is believed to be operated by Houston-based Southwestern Energy. The company reported last …
Governors Want National Energy Policy in Political Debate
From the Associated Press in Little Rock. Oklahoma Gov. Mary Fallin and Arkansas Gov. Asa Hutchinson agreed when they spoke Monday at the Interstate Oil and Gas Compact Commission‘s annual conference that energy policy needs to be included in the national political debate. But the two governors disagreed on a controversial transmission line project that …