Devon Hits 5,100 Barrel-a-day Well in STACK

A newly-completed $9 million Devon Energy well in Blaine County is producing a whopping 5,100 oil-equivalent barrels a day, according to an announcement by the Oklahoma City energy company.

The Faith Marie 1-H is producing the highest oil productivity of any STACK well to date targeting the Lower Meramec interval said the company. The …

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In Unprecedented Move, EIA Hosts Harold Hamm at Webinar

Vocal critic of the Energy Information Administration, Oklahoma oilman Harold Hamm is going into the mouth of the lion on Thursday.

He will speak at a webinar sponsored by the EIA and appear alongside an EIA analyst as they discuss crude production trends and examine the agency’s oil forecasts.

If you recall, it was …

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Marathon Reports Pair of Large Wells in Blaine County

Marathon Oil is reporting two of three recently-completed wells in Blaine County have production of more than 2,000 Boed.

The largest had total production of 2,248 Boed. The Alta Bia, located at 31 15N 11W had a February spud date with the end of drilling in April and completion in May 2017.

The Landreth well …

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$746 million Acquistion and Merger Announced by SandRidge Energy

Oklahoma City’s SandRidge Energy announced Wednesday a $746 million acquisition and merger of Bonanza Creek Energy of Denver, Colorado.

Under the deal, SandRidge will acquire all of the outstanding shares of common stock of Bonanza Creek in a cash-and-stock transaction valued at $36 per share. The $746 million total transaction value is comprised of …

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Chaparral Energy Reports Increased Total Revenues and Growth in the STACK

Oklahoma City’s Chaparral Energy reported third quarter losses of more than $19 million but increased total revenues of $76 million.

The company also reported its STACK production grew by 12 percent compared to the second quarter and by 34 percent in the past year.

The company said its net loss was $19.1 million. The …

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Sen. Inhofe Wonders if EPA is Going After NASCAR

Oklahoma U.S. Sen. Jim Inhofe took part Tuesday in a Senate Committee on Environment and Public Works hearing where four bills emphasizing deregulation were targeted.

One bill, the Recognizing the Protection of Motorsports Act of 2017 had Sen. Inhofe’s attention because of the involvement in NASCAR by the Love’s Travel Stops company.

“We know …

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Transportation Group Opposes More Funding Cuts in Legislature’s Bailout Plan

A transportation advocacy group that says it is dedicated to rebuilding Oklahoma’s transportation infrastructure has come out against the latest budget bailout plan introduced in the special session of the legislature.

TRUST which stands for Transportation Revenues Used Strictly for Transportation opposes HB 1019X which would reduce county highway and bridge funding by $80 …

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DOT Wants to Hear from Oklahomans About 4-Year Highway Plan

The Oklahoma Department of Transportation has launched an effort to hear from Oklahomans about the department’s transportation priorities in the next four years.

The Transportation Improvement Program covers the federal fiscal years 2018 through 2021.

The STIP is a planning document required by federal guidelines to detail a list of regionally significant construction projects …

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Keystone XL Decision to be Made Monday by Nebraska

If there will ever be a Keystone XL pipeline across Nebraska, a decision will be made Nov. 20 that could either close the door on the project or allow it to move forward.

The Nebraska Public Service Commission will meet on that date at 10 a.m. and decide whether to approve the pipeline’s route …

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Pipeline Firm Seeks Commitments to Ship Oil to Ponca City and Cushing

Based in the Kansas City suburb of Leawood, Tallgrass Energy Partners LP has announced an open season seeking new commitments on its Pony Express Platteville Extension in northwestern Kansas.

The deadline for submitting bids in the open season is Nov. 29, 2017. Total commitments on the Extension are 32,500 barrels a day. Pony Express …

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