PEMA Professional Energy Marketers Association
Permits to drill issued on December 5, 2019. Alfalfa CountyWHITE 24-25-11 #2H, December 04 2019 24 25N 11W SESESWSW API: 00323392 Lat: 36.623473987560615, Long: -98.3391928892461 BCE-MACH LLC HH, DR, 10873 ft, MISSISSIPPIAN(5885) Blaine CountyGAMBILL FEDERAL #6-7-1XH, December 05 2019 07 18N 13W NESESWSW API: 01124246 Lat: 36.04432927924356, Long: -98.63303096343678 DERBY EXPLORATION LLC …
Read More »State tax collections drop and Treasurer blames slowdown in oil and gas industry
For the first time in more than two and a half years, monthly Gross Receipts to the Treasury are less than collections from the same month of the prior year due to a number of key factors, State Treasurer Randy McDaniel announced Thursday. And he blamed what has happened in …
Read More »SemGroup removed from Index following sale
Tulsa-based SemGroup Corp.’s takeover by Energy Transfer LP this week means SemGroup has been removed from the Tortoise North American Pipeline Index. The announcement was made Thursday by the Index based in Leawood, Kansas. The Index is a float-adjusted, capitalization weighted index of pipeline companies organized with their principal places …
Read More »Low oil prices don’t sway some firms from more drilling in Oklahoma
With a slight uptick in oil prices, energy companies aren’t backing off new drilling efforts in Oklahoma. Many are planning new projects. Wednesday’s release of permits to drill show Oklahoma City-based Continental Resources Inc. plans a three-well, single-pad effort at a site about 6 miles southwest of Blanchard in Grady …
Read More »Newfield opts for SE Oklahoma gas well efforts
Houston’s Newfield Exploration Mid-Con Inc. didn’t ease up its drilling efforts in Oklahoma in the past few months as witnessed by the company’s continued filing of new completion reports—including a three gas well effort in southeast Oklahoma. The company filed a report showing completion of the Hoile Fed 1611 3h-25x …
Read More »SemGroup shareholders approve merger with Energy Transfer
Tulsa-based SemGroup Corporation announced Wednesday its shareholders voted to approve the previously announced merger agreement whereby SemGroup will be acquired by Energy Transfer LP in a unit and cash transaction. At completion of the merger, SemGroup shareholders will receive $6.80 per share in cash and 0.7275 of an ET common unit …
Read More »Completion reports for December 4, 2019
Completion reports filed for December 4, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian: Oil 486 Gas 1116 Water 1340 Flow36 16N 11W Hoile Fed 1611 3h-25x, June 04, 2019 HH, OIL, TD: 20689 ft Lat: 35.81256, Long: -98.32104 API: 35011241200000 COAL COUNTY Newfield Exploration Mid-con Inc Woodford(8047): Gas 12148 Water 670 Flow29 3N 11E Cosper 0311 3h-29x, April 15, …
Read More »Permits to drill December 4, 2019
Permits to drill issued on December 4, 2019. Blaine CountyBUFFALO HEIFER 18-10-32 #1MH, January 09 2019 05 17N 10W NENENENE API: 01124161 Lat: 35.984868762047746, Long: -98.28216121251494 CHISHOLM OIL & GAS OPERATING LLC HH, AM, 14214 ft, MISSISSIPPI LIME(8040) Canadian CountyCROOKED PINE 22_15-12N-8W #6MHX, December 04 2019 22 12N 8W NESWSWSE API: 01725569 …
Read More »U.S. becomes net exporter of oil and petroleum products
Pushed largely by oil production in the Permian Basin of West Texas and eastern New Mexico, the U.S. for the first time posted its first full month as a net exporter of crude and petroleum products. It was the first such posting since government records began in 1949 as the …
Read More »North Dakota governor wants funding to plug 40 abandoned gas wells
More than three dozen orphaned natural-gas wells are targeted for plugging under a plan from North Dakota Gov. Kristi Noem. She included nearly $728,000 in her fiscal 2021 budget proposal offered this week to the North Dakota legislature. If legislators approve the budget, at least 40 abandoned wells will be …
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