September 2017 archive

Study Claims Permian Still Holds 70 billion Barrels of Oil

A three-year study of the Permian Basin in Texas and New Mexico indicates the giant play still holds up to 70 billion barrels of recoverable oil. The claim is made by energy researchers at IHS Markit based in Houston. They studied the basin’s key geologic characteristics to get a better estimate of the remaining hydrocarbon …

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Inner Tribal Fight Over Osage Nation Minerals

After successfully suing a wind farm developer in a fight over mining, the Osage Minerals Council finds itself in another fight. It’s being sued by the Third Osage Minerals Council in a dispute over who really owns the Osage Mineral Estate. The Third Osage Minerals Council, on a vote of 4-3 recently moved to take …

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Osage Nation Wins Wind Farm Fight

The fight between the Osage Nation and wind farm developer Enel Green Power took another step this month when the U.S. 10th Circuit Court of Appeals sided with the tribe. The Denver Federal Appeals court, in a unanimous decision overturned a lower court ruling and said Enel Green, the owner of Osage Wind, had to …

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Sierra Club Blames “Big Oil” for State’s Budget Mess

The Sierra Club has a message for Oklahoma Governor Mary Fallin and how to solve the $215 million budget hole. “Tell the governor to close the massive budget hole by making oil and gas pay their fair share,” said the club in its latest attack ad on oil and gas. “Oklahoma is facing a massive …

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No Letup in STACK Success and Interest

There has been no letup in the exploration in Oklahoma’s STACK play as indicated by the latest completion and permits to drill reports published by OK Energy Today. The completion reports show Newfield Exploration with moderate success in a 588 barrel a day oil well in Canadian County and another one in Kingfisher County.  Chesapeake …

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OCC’s Oil and Gas Institute to Be Held Friday

The 2017 Oil and Gas Institute by the Oklahoma Corporation Commission will be held Friday on the campus of Oklahoma City University. This year’s event is titled “Expanding Horizons: The New Frontier of Oklahoma Conservation Law.” and will be held at OCU’s Meinders School of Business, 2501 North Blackwelder. It will start at 8:30 a.m. …

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OWRB Examiner Recommends Sardis Lake Reservoir Permit for Oklahoma City

Oklahoma City took another step in advancing its effort to transfer water from the Sardis Lake reservoir in southeastern Oklahoma, according to a story published by The Oklahoman. A hearing examiner with the Oklahoma Water Resources Board recommended that Oklahoma City should receive a permit to balance “Oklahoma City’s need for Sardis water against Kiamichi …

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Brent Crude and West Texas Intermediate Crude Futures Stumble on Tuesday

Oil futures finished slightly lower on Tuesday as initial weekly data on domestic crude inventories revealed a fourth consecutive rise, according to Bloomberg MarketWatch. November West Texas Intermediate crude dropped 34 cents, or 0.7%, to settle at $51.88 a barrel on the New York Mercantile Exchange. Just one day earlier, prices surged 3.1% to settle at $52.22 …

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Permits to Drill September 27, 2017

  Canadian County EVEREST 1107 ##1WH-24, September 26 2017 24 11N 7W SWSESWSW API: 01725077 Lat: 35.40694048569475, Long: -97.89943033837237 CHAPARRAL ENERGY LLC HH, DR, 14870 ft, WOODFORD(10060) Canadian County RADCLIFF #5-17H, June 20 2017 17 11N 6W NWNWNENE API: 01725025 Lat: 35.43466130549961, Long: -97.85240827344657 CIMAREX ENERGY CO HH, AM, 14144 ft, MISSISSIPPIAN(9324), WOODFORD(9644) Canadian County EVEREST 1107 …

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Completion Reports September 27, 2017

  CANADIAN COUNTY Newfield Exploration Mid-con Inc Mississippian(8302): Oil 588 Gas 367 Water 835 Flow 27 14N 6W Eileen 1h-14x, February 22, 2017 HH, OIL, TD: 18665 ft Lat: 35.66675, Long: -97.81841 API: 35017249440001 CARTER COUNTY Kodiak Oil & Gas Inc Pontotoc(670): Oil 5 Water 23 Pump 27 3S 2W Oil City Unit 69, August 04, 2017 SH, OIL, TD: 1130 ft Lat: 34.26306, Long: …

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