Marathon Oil’s reporting a large well in Oklahoma’s STACK, one producing nearly 1,600 barrels of oil a day in Blaine County. Details shown in OK Energy Today’s Well Completion reports, indicate the Chapman well, 26 15N 11W is located about 3 miles northeast of the community of Greenfield. Its official completion report stated the production …
An estimated 300 utility workers for Public Service Company of Oklahoma headed Friday to south Texas to assist with repairs following the arrival of Hurricane Harvey. Most were workers from Tulsa, McAlester and Lawton areas. Some were line and tree crews wile engineers also were sent to stage Friday night in San Antonio to await …
A day after announcing it was venturing into exploration of Oklahoma’s big STACK play, Tulsa-based Jericho Oil announced efforts to raise $10 million to help finance the effort. The company earlier announced the acquisition of an interest in 9,400 net surface acres in the STACK. It stated the transition provided the company the option to …
While a new law allowing greater horizontal drilling in Oklahoma won’t take effect until Nov. 1, 2017, an emergency designation with Senate Bill 867 is allowing some companies to begin the drilling now. As the Oklahoman reported, Tapstone Energy in Oklahoma City could become the first company to start drilling horizontal wells up to two …
A Texas appeals court says an Apache Corp. drilling rig was wrongly forced off a West Texas oil lease in a squabble over whether wells had stopped producing oil and gas. The Court of Appeals of the Eighth District of Texas in El Paso ruled in favor of Apache Deepwater LLC in its suit against …
When House Democrats fought the budget plans for GOP leaders of the Oklahoma legislature, one of their goals was an increase in the Oklahoma Gross Production Tax. However in light of new talks, such an increase might not be included in what Democratic leader Scott Inman wants. Tax increases were reportedly discussed in renewed talks …
Devon Energy has a big multi-unit project in plan as it widens exploration of Oklahoma’s STACK play. As indicated in OK Energy Today’s Well Completion reports, the Oklahoma City energy company has been permitted to move ahead with 7 wells at one site. Permits were granted for Mosasaurus 4-16N-9W, a site located near the unincorporated …
Oil prices ended sharply lower on Thursday due to weak energy demand despite a Gulf of Mexico Category 3 hurricane churning off the Texas coast, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell 98 cents, or 2%, to settle at $47.43 a barrel—the lowest finish in a week. …
