Oilfield services provider Baker Hughes Incorporated announced Wednesday its Board of Directors declared a regular quarterly cash dividend of $0.17 per share of common stock payable on November 18, 2016 to shareholders of record on November 7, 2016 for the third quarter of 2016. “Looking ahead, in the fourth quarter of 2016, we expect activity …
October 26, 2016 archive
Despite Surprise Inventory Fall, WTI and Brent Crude Settle Below $50 on Wednesday
Weary of increasing doubts that Iraq will agree to an OPEC production cut, crude oil prices settled at their lowest level in nearly three weeks on Wednesday, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell by 78 cents, or 1.6%, to settle at $49.18 a …
Completion Reports October 27, 2016
CANADIAN COUNTY Devon Energy Production Co Lp Woodford(8278): Gas 64 Water 1325 Flow 10 14N 6W Prima 10_03-14n-6w 1hx, September 29, 2016 HH, GAS, TD: 18525 ft Lat: 35.69724, Long: -97.82201 API: 35017248950000 CUSTER COUNTY Apache Corporation Atoka(13920): Gas 150 Water 2 Flow 22 12N 20W Dunn 2-22, September 12, 2016 SH, GAS, TD: …
Permits to Drill October 27, 2016
Blaine County VERONA #4-23-14XH, October 26 2016 26 16N 10W SWNENENW API: 01123673 Lat: 35.84011910715129, Long: -98.23494096876745 CONTINENTAL RESOURCES INC HH, DR, 20371 ft, MISSISSIPPIAN(10005) Garvin County LOGAN WESTON #1, October 26 2016 25 4N 3W NWNWNWNE API: 04925083 Lat: 34.79643594433578, Long: -97.46595028511727 RUFFEL LANCE OIL & GAS LLC SH, DR, 8250 ft, TULIP …
Pawnee to be Site of Weekend Earthquake Forum
Pawnee, the city hit by an early September earthquake measuring 5.8 magnitude, the largest ever recorded in Oklahoma plans to host an earthquake forum on Saturday. The forum will also be hosed by the Pawnee Nation of Oklahoma t the Pawnee Nation Roam Chief Event Center, 810 Morris Road in Pawnee. it will be held …
Devon’s Larry Nichols to be Honored by OU School of Law
He helped start Oklahoma City-based Devon Energy Corporation 45 years ago and now Larry Nichols will be honored by the University of Oklahoma’s College of Law. He will be given the Eugene Kuntz Award at the annual Eugene Kuntz Conference on Natural Resources Law and Policy on Nov. 4. Nichols, a lawyer by training will …
Ground Broken on ‘Green’ Plant by Continental Carbon in Ponca City
Ground was recently broken in Ponca City for a $110 million cogeneration facility by Continental Carbon. Dennis J. Hetu, President and CEO from Houston helped with the ceremonies. Continental Carbon plans to construct the new facility behind its existing carbon black manufacturing plant south of Ponca City. “This will allow the company to be free …
Devon Co-Founder Larry Nichols To Be Honored by OU College of Law
Devon Energy Corporation’s co-founder and chairman emeritus, Larry Nichols, will be honored with the Eugene Kuntz Award at the University of Oklahoma College of Law’s annual conference on natural resources law and policy on November 4. The award recognizes Nichols’ many contributions to the energy industry, particularly oil and gas law. “We are thrilled to …
DUG Midcontinent Getting Underway in OKC
Hart Energy’s 4th annual DUG Midcontinent conference is underway in downtown Oklahoma City with keynote addresses to take place Thursday. The opening keynote will be Thursday morning at 8:35 featuring Wade Hutchings, Regional Vice President of Midcontinent Assets at Marathon Oil Corporation. A 9 a.m. economics panel will feature Ed Morse, Managing Director and Global …
Environmentalists Say Cushing Oil Pipeline Leak is a Result of Growing Earthquake Damage
The oil pipeline leak at Cushing over the weekend has given concern to environmentalists who believe it might be a sign of things to come because of Oklahoma’s increase in earthquakes. While a 3.1 magnitude earthquake rattled the Garfield County town of Covington early Wednesday morning, the cleanup remained underway at the Seaway Pipeline, …