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IOGsi RED TOP NEWS:
WEEK #42, OCTOBER 17, 2019
IOGsi Week #42, October 17, 2019 Highlights - There were 41
new Kansas drilling permits this past week. The year-to-date
total stands at 848 new locations compared to 1,454 a year ago
(- 43%).---------- Kansas crude prices dropped slightly by 25¢
/bbl from a week ago (- 0.6%). Kansas Common crude closed the
week at $43.50 / bbl, Southcentral Kansas crude $45.25 / bbl,
and Eastern Kansas crude $40.75 / bbl. ---------- The total
number of active drilling rigs in Kansas (either moving to or
on drill sites) declined by one rig from a week ago to 31 (-
14%). A month ago, there were 35 active rigs (- 11%). This same
time a year ago, 30 rotary rigs were active in the State (+
3%). ---------- The Western Ranges of the State account for
roughly 77% of all drilling activity.
Raymond Oil Company, Inc., Wichita (KS), has established new
Cherokee Sand oil production within the Sandpit North pool in
Hodgeman County. The # 2 Frusher, spotted in roughly NW NE NE
in section 9- T21s- R23W, is producing an undisclosed amount
of crude at site located about ten miles north and two miles
east of Jetmore, Kansas. L. D. Drilling & Exploration rotary
tools were used to drill the 4645-ft deep well. Ritchie Exploration,
Inc., of Wichita, opened the Sandpit North pool earlier this
year when their #1 Frusher 9D (SE/4 of section 9) has produced
an average of 75 bbls of oil per day from the Mississippian
formation during the first five months on production. (ref:
API 15-083-21970)
Black Rock Resources LLC, Russell (KS), is producing an undisclosed
amount of crude oil from the Lansing - Kansas City formation
at the #18-1 Polifka, spotted in approximately SW SW SE in section
18- T13s- R26W, in Gove County. Southwind Drilling tools bottomed
the well at a total depth of 4405 ft at site located about ten
miles north of the town of Quinter, Kansas. The new pool discovery
lies two miles northwest of known oil production in the Lahman
oil field, which has produced nearly 48,000 bbls of oil from
the LKC formation since its discovery by DNB Drilling in 1984.Black
Rock’s new oil field has not been named. (ref: API 15-063-22364)
