August 14, 2017 archive

Chaparral Energy’s 2Q Earnings for 2017 Elevated by Strong STACK Performance

Oklahoma City-based Chaparral Energy, Inc. posted a net income of $21.4 million or 47 cents per share, according to a press release issued on Monday. The company announced an adjusted EBITDA of $42.5 million, which is a 15 percent quarter-over-quarter increase. “Chaparral had a very good quarter, fueled by continued best-in-class execution, strong well results …

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WTI and Brent Crude Freefall on Monday for Lowest Settlement in Three Weeks

Crude oil futures plunged on Monday as an output report showed rising production by OPEC members, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude oil dropped $1.23, or 2.5%, to settle at $47.59 a barrel. On the London ICE Futures Exchange, October Brent crude, the global benchmark, fell …

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Permits to Drill August 15, 2017

  Blaine County C-FARMS 23-16N-12W #1H, August 14 2017 23 16N 12W NWSWSWSW API: 01123696 Lat: 35.84261659274246, Long: -98.45433815830484 DEVON ENERGY PRODUCTION CO LP HH, DR, 15206 ft, MISSISSIPPIAN(9742), WOODFORD(11407), HUNTON(11487) Blaine County PIERCE BIA 1611 #1-29-32MXH, August 14 2017 29 16N 11W NENENENE API: 01123843 Lat: 35.840313808745876, Long: -98.38520937757164 MARATHON OIL COMPANY HH, DR, 21269 ft, …

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Completion Reports August 15, 2017

  BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(9273): Oil 909 Gas 1828 Water 553 Flow 1 16N 10W Stark 10h-1lmx, May 27, 2017 HH, OIL, TD: 19950 ft Lat: 35.89777, Long: -98.22261 API: 35011237170000 CANADIAN COUNTY Chaparral Energy Llc 26 13N 7W Dolly Varden 1307 1wh-26a, February 26, 2017 SH, DRY, TD: 505 ft Lat: 35.56646, Long: -97.92135 API: 35017249690001 Chaparral Energy Llc …

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Derailed Train Near Sallisaw Carried Liquid Petroleum Gas

Heavy rains in eastern Oklahoma are being blamed for the Sunday morning derailment of two engines and 10 cars of a Union Pacific freight train near Sallisaw. The train derailed at a site 5 miles east of Sallisaw and north of highway U.S. 64 according to Sequoyah County Emergency Management Director Steve Rutherford. At least …

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Airborne Mapping for Faults and Earthquake Data to Begin in State

While central and northern Oklahoma have received the attention when it comes to earthquakes, southwest Oklahoma will soon get attention too. The Oklahoma Geological Survey along with the U.S. Geological Survey plan to carry out airborne mapping of a large area of the state including some southwestern counties. At least 18 counties will be mapped …

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Rare Geological Map Discovered and Repaired at OU and Geological Survey

Coming soon to the Sarkey’s Energy Center at the University of Oklahoma, the first hand drawn geologic map of Oklahoma. Drawn in 1904 by Charles N. Gould, the “father of Oklahoma geology,” it was discovered by accident in 2014. According to Geology Notes, the publication of the Oklahoma Geological Survey, , Oklahoma Geological Survey Geologist …

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Counties See Economic and Business Wins So Far This Year

Governor Mary Fallin is out with a report indicating the state’s business climate is still positive even with a slow recovery of the  state’s oil and gas industry, plus another state budget shortfall. In a recent release from her office, Gov. Fallin said the state’s gross domestic products grew 1.9 percent in the first three …

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Pruitt Spokesman Threatened to Call Police on Reporters in North Dakota

EPA Chief Scott Pruitt’s spokesman is taking some heat for allegedly threatening to call security on reporters who were trying to see Pruitt during an event last week on the University of North Dakota campus. The incident prompted the National Press Club to express concern with President Jeff Ballou tweeting his group is “looking into” …

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Workers’ Comp Training Conference to be held in October

The Oklahoma Workers’ Compensation Commission (WCC) announced that it is offering the following continuing education hours at its 4th Annual Educational Conference on October 5th – 6th, 2017, at the Embassy Suites Hotel & Conference Center in Norman: 8 hours of general credit by the Commission for Case Manager Certification (CCMS) (PACE Approved Program). 10 hours of …

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