Monthly Archive: July 2017

Devon Makes $205 million Divestiture of Assets in South Texas

Oklahoma City-based Devon Energy has taken another step in its $1 billion divestiture program with the sale of nearly 20,000 of holdings the Eagle Ford play of south Texas.

The 19,600 acres was sold to Penn Virginia Corp. for $205 million cash in a deal targeted to be closed by Sept. 30. Penn Virginia …

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OCC Issues Two Notices of Emergency Rulemaking Related to SB 867

The Oklahoma Corporation Commission issued two Notices of Proposed Emergency Rulemaking on Thursday amending the rules of practice and the oil and gas conservation rules. The changes are intended to conform the Commission’s rules with Senate Bill 867 – the Oklahoma Energy Jobs Act of 2017 – which becomes effective August 24, 2017.

The …

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Rig Count: Oklahoma Adds 3, U.S. Rises by 8

Both the U.S. and Oklahoma saw jumps in rig counts for the past week according to figures released by Baker Hughes.

Oklahoma’s count jumped by three to reach 134. A year ago, the state had only 60 working oil and gas rigs.

Nationally, the count grew by eight, reaching 958 active rigs. The nation’s …

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WTI Hovers Near $50 as Brent Crude Surges Over $52 a Barrel on Friday

Oil futures advanced on Friday while logging a gain of more than 8% for the week, according to Bloomberg MarketWatch.

September West Texas Intermediate crude rose 67 cents, or 1.4%, to settle at $49.71 a barrel on the New York Mercantile Exchange—the highest finish for a most active contract since May 26. WTI ended nearly …

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Completion Reports July 31, 2017

 

ALFALFA COUNTY Midstates Petroleum Co Llc Mississippian: Oil 230 Gas 1161 Water 3382 Pump 15 24N 12W Aruba 2412 1h-15 C, June 17, 2017 HH, OIL, TD: 11608 ft Lat: 36.56386, Long: -98.46902 API: 35003232710000

BLAINE COUNTY Council Oak Resources Llc Mississippian(10107): Oil 183 Gas 2402 Water 1297 Flow Continue reading »

Permits to Drill July 31, 2017

 

Blaine County WILKINSON #1-2-11XH, July 28 2017 02 15N 13W NENWNWNW API: 01123835 Lat: 35.811594313468554, Long: -98.56000901750492 CONTINENTAL RESOURCES INC HH, DR, 22229 ft, MISSISSIPPIAN (EX CHESTER)(11881), WOODFORD(12343)

McClain County GUINNESS #1-32-5-WXH, July 28 2017 29 6N 4W SESWSWSW API: 

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Complaint Filed Over Pruitt’s Trips Home to Oklahoma

The watchdog group American Oversight is asking the Office of Special Counsel to begin an investigation into the travel of EPA administrator Scott Pruitt back to Oklahoma.

As stories pointed out in the past week, Pruitt’s travels back home to Tulsa cost taxpayers about $15,000 and it was estimated 90 percent of his travel …

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Lamb Urges Economic Diversification in Campaign For Governor

When it comes to energy, Lieutenant Governor Todd Lamb not only talks with a lot of it, but believes the state must rely on other industries besides the energy industry.

“Any time we’ve had a dip in the commodity price,” said Lamb in an interview with OK Energy Today, “a lot of state officials …

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EPA Wants WasteWater Injection Wells Shut Down in Pollution of Osage County’s Bird Creek

Operators of seven wastewater injection wells in Osage County are being asked to shut down their operations.  Not because of earthquakes like those in areas where a surge of quakes has hit the state. These operators are being asked by the EPA to close because of the saltwater contamination in Bird Creek, contamination that …

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Rep. Bridenstine Says Tulsa Flood Levees Could Possibly be Studied in Defense Bill

The $659 billion Defense Spending bill approved the House included some issues supported by Oklahoma Congressman Jim Bridenstine.

H.R. 3219, called the Make America Secure Appropriations Act not only funds national defense but what Bridenstine said were important U.S. Army Corps of Engineers projects.

The measure will require the Corps to do studies which …

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