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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 Week #33, August 15, 2019 Highlights - There were 22 new Kansas drilling permits this past week. The year-to-date total stands at 608 new locations compared to 1,103 a year ago (- 45%).---------- Kansas crude prices rebounded by $4.25 / bbl from a week ago (+ 10%). Kansas Common crude closed the week at $45.50 / bbl, Southcentral Kansas crude $47.25 / bbl, and Eastern Kansas crude $42.75/ bbl. ---------- The total number of active drilling rigs in Kansas (either moving to or on drill sites) was down up 10% from a week ago. There are currently 34 active rigs compared to 31 a week ago. A month ago there were 30 active rigs (+13%). This same time a year ago 44 rotary rigs were active in the State (- 23%). ---------- Seventy-four (74) percent of the total drilling activity is taking place in the Western Ranges of the State. Of the 25 Western Range rigs, 19 are currently making hole on drill sites in Kansas while another 6 are attempting to move to new drill sites.

In other news, Wichita (KS)-based VAL Energy, Inc. has discovered Marmaton (Myrick Station) and Cherokee (Johnson Zone) oil deposits at a wildcat site located in the NW/4 of section 10- T8s- R35W, in Thomas County. The new find, #1-10 Flying S, establishes the new Levant East Field which lies about one mile east of the Levant Field. VAL also opened the Levant Field in January, 2017 with the completion of their #1-4 Kough - Mattson Unit in section 4 for 40 BOPD with pay from the Lansing - Kansas City, Pleasanton and Marmaton formations. Completion details on the Flying S discovery remains confidential. WW Drilling tools drilled the well to a total depth of 4870 ft. Field area lies one mile north and eight miles east of the town of Brewster, Kansas.


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Kansas crude, Gas, Rigs 8/21/19

Kansas Crude Posting
Common: $46.00 bbl
So. Central: $47.75 bbl
$43.25 bbl

*Price based on CVR Refining Posting for Kansas Crude

Natural Gas Index

Panhandle Eastern Pipeline Co.
Aug: $1.46 MMBtu
July: $1.45 MMbtu
June: $1.86 MMBtu

Colo. Interstate Gas Co.
Aug: $1.76 MMBtu
July: $1.61 MMbtu
June: $1.86 MMBtu

Price History
Oil - Past 2 Years
Gas Price History

Kansas Rig Count
Current: 34
Week ago: 31 (+10%)
Month ago: 30 (+13%)
Year ago: 44 (-23%)

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