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Independent Oil & Gas Service, Inc.

Scouting Oilfield Activity in Kansas since 1946

The Independent Oil & Gas Service, Inc. (IOGsi) is a major, proven source of reliable information when it comes to reporting on the latest oil and gas news in Kansas. Your access to timely, reliable, concise information is a key component in your decision making process. Our commitment is to provide you with the most up-to-date industry reports, news and statistics at a reasonable price. Improve your odds of success with “data you can trust”. Register today as a “New User” to start a no obligation 30-day trial.

IOGsi RED TOP NEWS: WEEK #3, January 16, 2020

IOGsi Week #3, January 16, 2020 Highlights - There were 38 new Kansas drilling permits filed this past week to the Kansas Corporation Commission. This is 2 less new locations compared to 40 a year ago (- 5%).--------------- Kansas crude prices dropped by $1.75 / bbl from a week ago to $48.00 / bbl (- 3%). Kansas Southcentral Kansas crude settled at $49.75 / bbl and Eastern Kansas crude $45.25/ bbl. -------------- The total number of active drilling rigs in Kansas (either moving to or on drill sites) was gained by 1% from a week ago. There are currently 23 active rigs compared to 22 a week ago. A month ago, there were 28 active rigs (- 18%). This same time a year ago 33 rotary rigs were active in the State (- 30%). --------------- The Western Ranges of the State account for 65% of the total drilling activity this past week.

In other news, Cholla Production LLC, of Littleton, Co., has successfully completed its # 1 Zimmerman to establish a new unnamed oil field in Rush County. The wildcat producer discovered new reserves at undisclosed depth in the Lansing – Kansas City (LKC) formation at site located in the NW/4 of section 3- T16s- R20W. STP Drilling tools were used to drill the well to a total depth of 3900 ft. The oil deposits were found on separated feature over one-half mile west of the active District 30 (1972) oil field, where the LKC zones are also productive. Field area lies about seven miles north and two miles east of the town of McCracken, KS. --------------- Merit Energy Company LLC, of Dallas, TX., has discovered new oil reserves in the Marmaton and Morrow Sand formations at their #1-26 Molz, located in the NW/4 of section 26- T23s- R35W, in Kearny County. The new unnamed pool discovery well was drilled to a total depth of 5015 ft over one and one-quarter miles west of similar production in the Redwood field (1987 – Marmaton oil, 1993 - Morrow oil). Production details remain confidential. The new oil field lies about three miles north of Deerfield, KS.



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Common: $48.50 bbl
So. Central: $50.25 bbl
$45.75 bbl

*Price based on CVR Refining Posting for Kansas Crude as of 1/21/20


Panhandle Eastern Pipeline Co.
Jan: $1.64 MMBtu
Dec: $1.96 MMBtu
Nov: $2.03 MMBtu

Colo. Interstate Gas Co.
Jan: $1.86 MMBtu
Dec: $2.29 MMBtu
Nov: $1.94 MMBtu


Oil - Past 2 Years
Gas Price History


Current: 23
Week ago: 22 (+4%)
Month ago: 28 (-18%)
Year ago: 33 (-30%)

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