Oklahoma Weekly Permits to Drill: 06/19 thru 06/23
The number of permits approved, jumped to 43 for the week of 06/19 thru 06/23/2017. Oil prices for that week also averaged $43 ($43.14 to be exact).
Continental (7), Chesapeake (4), and Cimarex (4) combined for 15 of the 43 permits approved.
Kingfisher remained the most active county, with 7 permits approved, followed by Canadian County with 5.
Look for McClain and Grady to take over the leader board later this year. Leasing activity has been vibrant in the area as companies re-enter the SCOOP.
Convey Energy Consultants