CARTER COUNTY Xto Energy Inc Woodford(11288): Oil 92 Gas 991 Water 1137 Flow 14 4S 3E M W Smith 2-14h11, January 31, 2017 HH, OIL, TD: 16438 ft Lat: 34.21399, Long: -96.95580 API: 35019261340001 DEWEY COUNTY Devon Energy Production Co Lp 12 19N 16W Ferguson 12-19n-16w 1h, March 16, 2017 HH, PLUG, TD: 13583 …
April 5, 2017 archive
Permits to Drill April 6, 2017
Canadian County NADYNE ICE BURRESS #2H-1720X, April 04 2017 17 14N 10W SENENENE API: 01724991 Lat: 35.69496690270135, Long: -98.27895594897531 CIMAREX ENERGY CO HH, DR, 22150 ft, WOODFORD(12100) Garvin County JOY #1, December 15 2015 13 1N 2W SWNESESW API: 04925069 Lat: 34.55269416268265, Long: -97.36288679035783 OBELE OPERATING COMPANY LLC SH, AM, 7000 ft, TULEY 3(4578), …
Legislature Becomes Battle Ground Between Oil and Gas Groups
The state legislature has become the battle ground between the “little guys” and the “big guys” in a fight over gross production tax rates in Oklahoma. Members of the newly-formed Oklahoma Energy Producers Alliance rallied Wednesday morning at the capitol then lobbied legislators to increase the gross production tax on major energy companies. As former …
State’s Oil and Gas Industry Revenue Only Bright Spot in Tax Collections
After two months of a slight surge in gross receipts to the State treasury, they fell below collections made in March of 2016, according to State Treasurer Ken Miller. But he said there was a bright spot and that was the collections from crude oil and natural gas gross production taxes. They were more than …
Newfield Reports Two More Major Wells in Kingfisher County
Newfield Exploration is reporting two more major wells in Kingfisher county, one of the three counties that make up the so-called STACK oil play in the state. Both are producing more than 1,000 barrels of oil a day as indicated in completion reports published by OK Energy Today. The Lucile well, located at 27 17N …
Firm Unloads $400 million in Wind Farms in Oklahoma and other States
Trying to cut its debt, Exelon Corporation, the nation’s largest utility owner is selling nearly half of its interest in a 1,300-megawatt renewable generation portfolio that includes its operations in Oklahoma. John Hancock Life Insurance company is the buyer in the $400 million deal, according to documents on file with the Securities and Exchange Commission. …
Environmental Group Was Warned a Study Critical of Oklahoma Leaders was Based on Outdated Material
An environmental group that claimed in a study it had discovered a “major weakness” in the way Oklahoma protects drinking water from oil and gas wells had been told by state officials their study was based on out-dated data. Matt Skinner, a spokesman for the Oklahoma Corporation Commission explained to OK Energy Today commission officials …
New Natural Gas Pipeline Announced to Handle Permian Basin Growth
As the oil and gas industry worries about a shortage of pipelines to handle the growing production in the Permian Basin, something we wrote about earlier this week at OK Energy Today, Houston based NAmerico Energy Holdings LLC has announced plans to build a 468 mile intrastate natural gas system in West Texas. The 42-inch …
North Dakota Legislators Back Away from Wind vs. Coal Study
While the Oklahoma legislature’s moving ahead with reducing tax credits for the wind industry, North Dakota state legislators have decided to kill a long-term energy study that pitted the wind-energy industry against the coal industry. The North Dakota State House voted this week against such a study as proposed in the State Senate. Those behind …
OKOGA Voices Discord With OEPA’s Gross Production Tax Hike Proposal
The oldest energy trade association in the United States is vehemently opposed to another state energy alliance’s proposal to raise Oklahoma’s gross production tax to 7 percent. “It’s disappointing to see well-respected Oklahomans use such misleading arguments to push for job-killing tax increases,” said Chad Warmington, president of the Oklahoma Oil and Gas Association (OKOGA). Warmington …