June 2017 archive

Permits to Drill June 30, 2017

  Canadian County SNYDER 1-19-18 #1409MHX, June 29 2017 30 14N 9W SWNENENE API: 01725027 Lat: 35.66583465989663, Long: -98.19086685216111 TRIUMPH ENERGY PARTNERS LLC HH, DR, 20901 ft, MISSISSIPPI SOLID(10980) Dewey County LORETA 10 PA ##1HC, June 28 2017 10 17N 19W SWSWSESE API: 04323528 Lat: 35.957301472122886, Long: -99.20813608074651 MEWBOURNE OIL COMPANY HH, AM, 13687 ft, CLEVELAND(9000) Garfield …

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Obamaphone Program Filled With Fraud Say GAO Investigators

A phone giveaway program that has been the subject of numerous OK Energy Today stories was slammed today by the federal government which said the “Obamaphone” program was filled with fraud. The report by the General Accountability Office found that nearly a third of those nationwide who got the free phones were likely not qualified, …

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Tulsa’s Summit ESP Sought by Halliburton

Tulsa billionaire George Kaiser is about to unload his Summit ESP, a Tulsa-based maker of electric submersible pump systems for oil and gas wells and the buyer is anticipated to be Halliburton. No word yet on how much Halliburton will pay for the company founded in 2010 by oilfield services industry veteran John Kenner. Officials …

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State’s New 2018 Fiscal Budget Okayed by State Equalization Board

Despite legal challenges to some new state fees, including one on electric cars, the Oklahoma Equalization Board has voted to support the funding plan for the new fiscal year which takes effect on Saturday. The $6.8 billion budget prompted legal challenges on an increased tobacco fee, a new fee on electric cars and a sales …

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Energy Employment Recovery is Slow and Painful in Oklahoma

New jobless figures from the government reveal the recovery of Oklahoma’s oil and gas industry is making slow progress. The Oklahoma Employment Security Commission released May unemployment numbers this week showing the rates improved over the year for most counties. McIntosh County in eastern Oklahoma had the highest county unemployment rate at 8.1 percent followed …

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Chesapeake Moved Quickly To Produce Four Wells near Dover

The same week that Chesapeake Energy CEO Doug Lawler told an investors conference in New York his company’s strength is better than ever, the firm revealed the completion of four Kingfisher County wells. All four were drilled at the same site, 31 18N 6W which is about one and a half miles east of the …

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Crude Oil Futures Show Signs of Rebounding as Settlements Rise on Wednesday

Crude prices settled higher on Wednesday as government data showed a decline in domestic oil production despite competing forecasts, according to Bloomberg MarketWatch. August West Texas Intermediate crude added 50 cents, or 1.1%, to settle at $44.74 a barrel on the New York Mercantile Exchange, marking a fifth consecutive increase. August Brent crude, the global benchmark, …

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Completion Reports June 29, 2017

  GARFIELD COUNTY Heritage Petroleum Inc 9 21N 4W Dora 9-1, June 14, 2017 SH, TA, TD: 7296 ft Lat: 36.30736, Long: -97.63536 API: 35047209460001 Heritage Petroleum Inc 9 21N 4W Dora 9-2, June 14, 2017 SH, TA, TD: 6275 ft Lat: 36.30917, Long: -97.63312 API: 35047209880001 KINGFISHER COUNTY Chesapeake Operating Llc Oswego(6534): Oil 758 Gas 435 Artificia L Lift 31 18N …

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Permits to Drill June 29, 2017

  Blaine County BRIDGER CREEK SWD #1, June 28 2017 30 16N 12W NENWNWNW API: 01123820 Lat: 35.840628943085, Long: -98.52408322501337 OVERFLOW ENERGY LLC SH, DR, 5500 ft, WOLFCAMPIAN(3450), VIRGILIAN(4810) Blaine County BETTY LOU #1-5-32XH, June 28 2017 05 16N 11W W2SWSESW API: 01123819 Lat: 35.885424288606806, Long: -98.39665183584522 CONTINENTAL RESOURCES INC HH, DR, 20334 ft, MISSISSIPPIAN(10240), WOODFORD(10840) Dewey …

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Fracking Fight on Federal Land to Go Before Denver Appeals Court

The Denver federal appeals, the same one that decides Oklahoma cases issued a surprise notice Tuesday night setting a date to hear oral arguments in the fight over the Interior Department’s Obama-era fracking rules covering federal lands. The arguments will be heard July 27 in Denver in the case whether the Interior Department has the …

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