The following link contains information from May 26th, 2011 on Samson's Everett #1-15H and Earl #1-13H in the Bakken, and the Defender US 33 #2-29H in the Niobrara formation.
Samson Oil and Gas Update 05/26/2011
Friday, May 27, 2011
Oil and Gas by the Numbers 05/27/2011
Good afternoon everyone. Well today it looks like we are starting to move forward again in our rig numbers. The US total made a jump of 17 over the week. Crude oil seems to be hovering at $100.19/barrel at the moment and natural gas is making a nice upswing $4.51 an increase of 3.56% so far today. As we head into the holiday weekend that traditionally marks summer gasoline price increases, we are actually looking at some big changes in price on a down trend.
US: 1847
TX: 835
LA: 165
OK: 173
ND: 162
PA: 110
NM: 77
CO: 72
WY: 41
CA: 44
UT: 29
AK: 05
WV: 19
MT: 10
TX: 357
ND: 32
MT: 2
CA: No update
WY: 45
Low: SC $3.528/gal
High: AK $4.204/gal
Rig Count
updated 05/27/11
US: 1847
TX: 835
LA: 165
OK: 173
ND: 162
PA: 110
NM: 77
CO: 72
WY: 41
CA: 44
UT: 29
AK: 05
WV: 19
MT: 10
Applications to Drill
05/20/11 thru 5/26/11
TX: 357
ND: 32
MT: 2
CA: No update
WY: 45
Gasoline Prices
05/27/2011
US average: $3.796/galLow: SC $3.528/gal
High: AK $4.204/gal
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