October 19, 2016 archive

Oil Futures Soar on Wednesday as Data Reveals Large Reduction in U.S. Crude Oil Supplies

Oil traders finally got the long awaited news of a surprise massive drop in crude oil stockpiles resulting in a 15-month high settlement on Wednesday, according to Bloomberg MarketWatch. November West Texas Intermediate crude soared $1.31, or 2.6%, to settle at $51.60 a barrel on the New York Mercantile Exchange, marking its highest settlement since July …

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Completion Reports October 20, 2016

  ALFALFA COUNTY Chesapeake Operating Llc 33 28N 9W Thames 33-28-9 Swd 1, September 02, 2016 DH, DISP, TD: 7973 ft Lat: 36.85563, Long: -98.17986 API: 35003224090002 BLAINE COUNTY Cimarex Energy Co Mississippian: Oil 723 Gas 2414 Water 794 Flow 11 15N 11W Lehman 1-11h, August 21, 2016 HH, OIL, TD: 16001 ft Lat: 35.78362, …

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Permits to Drill October 20, 2016

Cleveland County BARBOUR #2-34, October 19 2016 34 8N 2W NESENWNE API: 02721493 Lat: 35.12892635505315, Long: -97.39381432029225 OKLAND OIL COMPANY SH, DR, 7800 ft, DEESE 1(6750), DEESE 2 6825 7(HUNTON), DEESE 3(6960), HART(7030), DEESE 5 (OSBORN)(7120), PENN BASAL(7200) Ellis County BERRYMAN #1H-24, October 19 2016 25 18N 23W NWNWNENE API: 04523624 Lat: 36.01319321702167, Long: -99.60001436030659 …

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Devon Leader Says Energy Technology is Just in Early Innings

To hear Devon Energy’s Dave Hager put it, the oil and gas industry is just in the early stages of its technological developments that get the credit for the nation’s massive oil and gas renaissance. “We are just in the early innings on this type technology,” Hager told those attending a Society of Exploration Geophysicists …

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Anti-Smart Meter Rally Scheduled for Friday in Tulsa

Those opponents of the smart meters installed by PSO in Tulsa are planning another rally against the efforts of the utility. Members of Tulsa 9.12 will hold a “Keep Our Analog Meter” rally Friday afternoon in front of the PSO headquarters at 212 E. 6th street in Tulsa. In announcing the rally time and date, …

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A Little Humor About Earthquakes in Oklahoma and Kansas

Sometimes you have to have a sense of humor when it comes to the growth of earthquakes in Oklahoma and southern Kansas, those reportedly caused by the thousands of wastewater injection wells in the two states. Take for instance how the Hutchinson News in Kansas reports earthquakes—-a shaking webpage. Easy for them to do, since …

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Chesapeake to Hold Analyst Day on Thursday

Chesapeake Energy is planning to hold its 2016 Analyst Day on Thursday, the first in two years. The event will bwe held at the company’s corporate headquarters and a live audio webcast will start at  9 a.m. CDT.  It can be accessed by visiting the “Investors” section of the Chesapeake website at www.chk.com. Chesapeake will …

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Samson Gets Green Light to Sell Assets in its Bankruptcy

A judge has signed off on allowing Tulsa-based Samson Resources to sell some of its assets to raise about $660 million as it works its way through Chapter 11 bankruptcy in Delaware. Judge Christopher Sontchi with the U.S. Bankruptcy Court for the District of Delaware made the approval this week, according to the Tulsa World. …

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Union Pacific Sued Over 1995 Chemical Spill in Kingfisher County

Twenty-one years after a Union Pacific train derailment spilled 3,300 gallons of carbon tetrachloride in Kingfisher County, several landowners have sued the railroad company claiming the site still contains an underground plume of the chemical. The lawsuit, filed in Kingfisher County was transferred to Oklahoma City federal court, according to a report in the Journal …

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Germany Chemical Plant Explosion Kills 3—-Cause Unknown

Divers have recovered the body of a third victim in Monday night’s explosion and fire at chemicals maker BASF’s biggest production site in Germany. Another is still missing, according to BASF. The blast happened on a supply line connecting a harbor and a tank depot on the Ludwigshafen site which is about 80 kilometers or …

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