Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
Oklahoma rising as oil state, Continental Resources says
by Daniel J. Graeber
Oklahoma City (UPI) Oct 23, 2014


disclaimer: image is for illustration purposes only

The Springer reserve area in Oklahoma is emerging as one of the premier oil basins in the region, Continental Resources said Thursday.

Continental, which has headquarters in Oklahoma City, said four wells in the Springer play inside the South Central Oklahoma Oil Province, known by its initials SCOOP, should yield as much as 940,000 gross barrels of oil equivalent for the company.

"The Springer adds another significant oil resource driver to Continental's strategic growth outlook," Continental Chairman and Chief Executive Officer Harold Hamm said in a statement. "It's distinguishing itself as the most productive play in Oklahoma, and it's right in our back yard."

Oil services company Baker Hughes said shale basins in Oklahoma were among those witnessing the biggest gains in wells started during the third quarter.

SCOOP lies in part of the Woodford shale that spreads out over southern part of the state.

Continental said it's producing about 6,000 barrels of oil equivalent per day in the Springer basin, of which 70 percent is crude oil. It has nine rigs working in the play.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Low Oil Prices Hurting U.S. Shale Operations
Washington DC (SPX) Oct 24, 2014
Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. 17, compared to the prior week. There are now 1,590 active oil rigs, the lowest level in six weeks. "Unless t ... read more


OIL AND GAS
Better electricity access has little impact on climate

Energy Prices and Business Decision-Making in Canada

Strong partnership for the energy transition

Balancing renewable energy costs

OIL AND GAS
Beijing's focus on coal lost in haze of smog: experts

Lockheed Martin claims nuclear energy breakthrough

Catalysts for hydrogen fuel cells cab be synthesized in microwave oven

Brighter energy-saving flat panels using carbon nanotubes

OIL AND GAS
Molecular movement within mesoporous nanoparticles modeled

New Discovery Will Enhance yield and quality of Cereal and Bioenergy Crops

New ProMOS Bio Software Guides Biogas Plants into the Future

U.S. funding projects meant to make biofuels competitive

OIL AND GAS
Areva names number two Knoche as interim CEO

UT Nuclear Engineers Part of Three Grants Totaling $2.6 Million

AREVA introduces SIBAG, the first "serious game" simulator for training nuclear operators

Vattenfall seeks 4.7 bn euros for German nuclear phase-out: government sources

OIL AND GAS
Resolving the Karakoram glacier anomaly

Recently discovered microbe is key player in climate change

Is climate change downsizing goats

US, China can tip balance in climate quest: study

OIL AND GAS
Tritium targets Europe for its EV fast charger

A Big-Data Approach To Estimating EV Range

EU regulators target Honeywell, DuPont over coolant

Volvo says will recruit 1,300 in Sweden as sales boom

OIL AND GAS
IS jihadists again besiege Iraq's Mount Sinjar

Iraq asks for 46,000 M1A1 Abrams tank rounds

Khamenei says Iraq can battle IS without foreigners

US says Baghdad is not under 'imminent threat' from IS

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.