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IOGsi RED TOP NEWS:
WEEK #37, SEPTEMBER 12, 2019
IOGsi Week #37, September 12, 2019 Highlights - There were
27 new Kansas drilling permits this past week. The year-to-date
total stands at 691 new locations compared to 1,270 a year ago
(- 46%).---------- Kansas crude prices dropped slightly by 50¢
b/b from a week ago. Kansas Common crude closed the week at
$46.00 / bbl, Southcentral Kansas crude $47.75 / bbl, and Eastern
Kansas crude $43.25/ bbl. ---------- The total number of active
drilling rigs in Kansas (either moving to or on drill sites)
had a significant gain of 6 rigs to 35 from a week ago (+ 21%).
A month ago there were 31 active rigs (+ 13%). This same time
a year ago 44 rotary rigs were active in the State (- 20%).
---------- The Western Ranges of the State account for 77% of
all drilling activity. A slight pickup in drilling activity
in the Eastern Ranges of the State was noted.
In other news, a new well service company is now operating
in a 12-county area surrounding Coffey County in southeastern
Kansas. ProPlug Well Service, LLC provides complete well service,
including well plugging, workovers and well completions. Stephen
C. Jones is Operations Manager. Company is located at 604 Highway
58 SW in Gridley, Kansas 66852. Contact Stephen at ProPlug LLC,
620-364-6793, or e,mail: ks@proPlug.net. ---------- Mull Drilling
Company, Inc., Wichita, KS, is producing an unknown amount of
oil from the Lansing - Kansas City (LKC) formation at their
#1-12 Cooper, NW SW NE SE in section 26- T3s- R19W, in Rawlins
County. The new pool discovery found oil deposits almost three
miles southeast of recognized LKC and Marmaton oil production
in the Simon Says oil field. Mull drilled their discovery well
to a total depth of 4550 ft at site located about one mile north
and two miles east of Chardon, Kansas. The new field has not
been named.. ---------- TDI, Inc., Hays (KS), is currently testing
newly discovered oil deposits in the Lansing – Kansas
City (LKC)formation at the #1 Matlock, spotted in approximately
NW SW NE SE in section 26- T13s- R19W in Ellis County. The wildcat
well found the oil new reserves nearly one mile southwest of
LKC oil production in the Sack oil field (1983). TDI’s
Matlock well was drilled to a total depth of around 3,800 ft.
No completions details have been released. Field area lies three
miles west of Hays, Kansas.