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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 #32, August 6, 2020

IOGsi Week #32, August 6, 2020 Highlights - There were 6 new oil and gas Drilling Permits issued in Kansas this past week by the Kansas Corporation Commission. This brings the year-to-date total of new drill locations issued to 255, compared to 586 locations a year ago (- 56%)-------------- COFFEYVILLE RESOURCES reports Kansas crude prices rose by $1.50 / bbl from a week ago (+ 3%). Kansas Common price at the close of the day on August 4th was $31.50 / bbl, Southcentral Kansas crude $34.25 / bbl and Eastern Kansas crude $29.75 / bbl. --------------- The total number of active drilling rigs in Kansas (moving to or currently on drill sites) was up by 3 rigs to 10 compared to a week ago (+ 43%). A month ago, there were only 5 active rigs (+ 100%). This same time a year ago, 34 rotary rigs were active in the State (- 71%). --------------- Statewide this year, 284 wells have been drilled with footage drilled totaling around 991,094 ft. Total footage drilled statewide last year was 2,369,344 ft (- 58%). Average well depth in 2020 is 3,490 ft compared to 3,101 ft a year ago. Of the total footage drilled, 878,525 ft was drilled in the western ranges (- 58%) and 112,569 ft in the eastern ranges of the State (- 56%).   

In other news, the new 2020 Independent Oil & Gas Directory of Kansas, or more commonly referred to as the ‘Red Book’, is now in its second printing to meet the demands of our clients. You may place your order for the ‘Red Book’ online, by fax, email, or phone, as directed below on our Home Page. Cost is $85 per book (free shipping). 

Currently, the most active Kansas Operators ranked by total number of wells spud (along with well reworks) are: RJ Energy (35 new), Murfin Drilling Company (13 new), Merit Energy Company LLC (11 new, 21 OWWO), BEREXCO LLC (12 new, 1 OWWO), and Colt Energy (11 new).  

The most active Kansas Operators ranked by total footage drilled are: Merit Energy (174,299 ft), Murfin Drilling Company (66,488 ft), BEREXCO LLC (58,968 ft), Mull Drilling Company (39,613 ft), and RJ Energy (36,141 ft). 

The most active Drilling Contractors ranked by total footage drilled are: (1) Murfin Drilling Company (240,195 ft), Duke Drilling Company (144,584 ft), Southwind Drilling (61,205 ft), BEREDCO LLC (54,973 ft), and Discovery Drilling (52,168 ft.  

 



2020 Directory

Published yearly in June by
Independent Oil & Gas Service


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Table of Contents
General Listing Section
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Industry Services X-Index
Key Personnel X-Index

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KANSAS CRUDE


Common: $31.75 bbl
So.Central: $33.50 bbl
Eastern:
$29.00 bbl                  

*Price based on CVR Refining Posting for Kansas Crude as of 08/11/20

NATURAL GAS INDEX

Panhandle Eastern Pipeline Co.
Aug: $1.81 MMBtu
Jul: $1.32 MMBtu
Jun: $1.48 MMBtu

Colo. Interstate Gas Co.
Aug: $1.58 MMBtu
Jul: $1.49 MMBtu
Jun: $1.46 MMBtu

PRICE HISTORY

Oil - Past 2 Years
Gas Price History

kANSAS RIG COUNT

Current: 10
Week ago: 7 (+43%) 
Month ago: 5 (+100%)
Year ago: 34 (-71%)


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