September 25, 2017 archive

Completion Reports September 26, 2017

  BLAINE COUNTY Council Oak Resources Llc Mississippian(10105): Oil 295 Gas 5415 Water 2182 Flow 28 17N 12W Mayes 1-21h, June 02, 2017 HH, GAS, TD: 15095 ft Lat: 35.92720, Long: -98.47753 API: 35011237640000 HUGHES COUNTY Bravo Arkoma Llc Woodford(4601): Gas 3149 Water 1314 Flow 28 8N 11E Buford 2-28/21h, May 03, 2017 HH, GAS, TD: 12955 ft Lat: 35.13520, Long: -96.15615 API: 35063246410000 Bravo Arkoma …

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Permits to Drill September 26, 2017

  Custer County RLP #2H-3-10, May 01 2017 03 13N 14W NENENESW API: 03922501 Lat: 35.630566585096275, Long: -98.67726886569153 CITIZEN ENERGY II LLC HH, AM, 23500 ft, MISSISSIPPIAN(15550), WOODFORD(15750) Garvin County HARKREADER #2-11, September 25 2017 11 1N 3W NESWSENW API: 04924935 Lat: 34.57347236144893, Long: -97.48746745162771 CITATION OIL & GAS CORPORATION DH, RC, 10173 ft, WOODFORD(7593), HUNTON(7989), VIOLA(8143) …

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Industrial Energy Users Group Opposes PSO Rate Hike Request

Public Service Company has run into more opposition in its $150 million rate hike being considered by the Oklahoma Corporation Commission. On Monday, the Oklahoma Industrial Energy Consumers, an association of large energy users in the state filed testimony with the commission against the rate which is called one of the largest rate increases every …

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Heavy Rainfall Reported in Oklahoma Panhandle

The dry spell has ended in the Oklahoma Panhandle with more than 3 inches of rain around the Guymon area as of Monday morning. Other areas, according to the Oklahoma Mesonet received more than 2 inches of rain as a cool front entered the state. State Climatologist Gary McManus said the showers and storms will …

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Report Suggests Permian Basin Production Could Peak in 4 Years

A report by Wood Mackenzie has a lot of the oil and gas industry talking about the Permian Basin and whether the suggestion could be accurate that the hottest U.S. shale play could hit its peak in four years. The report is entitled “Geology vs. technology: how sustainable is Permian tight oil growth?”. It not …

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Environmentalists Fight Gold Mine Near Yellowstone

Environmental groups have gone to court in an attempt to block an industrial gold mine being developed north of Yellowstone National Park. The suit was filed in a challenge to the approval granted by the Montana Department of Environmental Quality to Lucky Minerals, a company in Canada. The Greater Yellowstone Coalition and Park County Environmental …

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Swiss Agribusiness Wants Speedy Appeal in Corn Lawsuit Judgment

While it appeals a $218 million judgment in a lawsuit brought by Kansas farmers, Syngenta is urging a Kansas federal judge to certify the final judgment, a move that would allow the Swiss company to speed up its appeal of the case. It was in June when a federal jury awarded the $218 million to …

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$2.4 billion Deal Announced by Phillips 66 Partners

In a deal worth $2.4 billion, Phillips 66 Partners LP is buying Phillips 66’s 25 percent interest in two North Dakota pipelines. The purchase includes interest in the Dakota Access LLC and Energy transfer Crude Oil Co. LLC and 100% interest in Merey Sweeny LP. It includes the Bakken Pipeline, a system more than 1,900 …

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Rebalancing of Oil Prices is at Hand

For the first time in four months, U.S. oil prices rose about the $51 mark on Monday and analysts say it’s a time the oil market is finally rebalancing. The rebalancing is largely due to the Organization of the Petroleum Exporting Countries cutting production. Since the start of 2017, Russia and other producers have reduced …

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Polling Group Challenges Oil and Gas Tax Hike

The recently-announced poll by the Oklahoma Energy Producers Alliance claiming 67% of Oklahoma voters supported an increase in tax on oil and gas production is challenged by the group that did the poll. WPA Intelligence responded by stating that another poll found that “voters have a strongly favorable image of the oil and natural gas …

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