June 2018 archive

New Board Member Named at Tulsa’s Williams Companies

Tulsa’s Williams Companies, Inc. gets a new independent director on its Board. Nancy K. Buese, the executive vice president and chief financial officer for Newmont Mining Corporation was named immediately to the board, according to an announcement made Monday. She has 25 years of experience in financial leadership roles and previously was executive vice president …

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Oil Field Employment Jumped 9% in past year in Oklahoma

Oklahoma’s unemployment rate continues its downward movement with rates lower in April than a year earlier in 64 of 77 counties. The Oklahoma Employment Security Commission reports the lowest jobless rate was 25 in Blaine County while rates in Beaver and Cimarron counties were 2.1%. The highest jobless rate, 6.7% was in McIntosh County. Latimer, …

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New Earthquake Study in Oklahoma Reveals Ancient Faults Might be at Play

The U.S. Geological Survey announced that magnetic measures made during low-altitude airplane flights revealed possible deep faults might contribute to increased earthquake activity in Oklahoma and as a response to wastewater injection some parts of the state. The flights were conducted for the USGS and the Oklahoma Geological Survey and were made from August through …

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OSU Grad gets major promotion at ExxonMobil

Oklahoma State University graduate Neil Hansen has been named a vice president of Exxon Mobil Corporation following this week’s retirement of Jeff Woodbury, vice president of investor relations and secretary. Woodbury retired after 35 years of service and Hansen, the downstream controller was elected by the board of directors as Woodbury’s successor. The promotion for …

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Record Oil Production in March in Oklahoma

March turned out to be a record oil production month in  Oklahoma as 16.8 million barrels of crude oil were pumped in the month. The U.S. Energy Information Administration indicated the previous high on record was 16.4 million in January. The record production goes hand-in-hand with the number of oil rigs in the state.

Rig Count Grew in Oklahoma in the past week

The number of oil and gas  rigs increased in both Oklahoma and the nation over the past week, reaching 142 in the state and 1,060 in the U.S. Information from Baker Hughes Co. and the Independent Oil and Gas Association based in Wichita, Kansas showed the nation’s rig count went up by one. Oklahoma’s rig …

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Checking out 57,000 wind farm sites

The U.S. Geological survey and the Energy Department are promoting their latest satellite imaging tool—-one that allows anyone with a computer to look at the more than 57,000 wind turbines in the country. Working with the Department of Energy’s Lawrence Berkeley National Laboratory and the American Wind Association, the government’s released what it calls the …

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More Drilling Plans Revealed for Oklahoma’s STACK

Oil and gas exploration companies offer no letup in the interest in Oklahoma’s STACK as indicated by the latest reports on file with the Oklahoma Corporation Commission. As shown by OK Energy Today’s Permits to Drill reports, Kingfisher county will be the site of another 20 drilling sites.  A dozen of the permits went to …

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Completion Reports for May 24-30

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between May 24th and close of business on May 30th. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT …

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Permits to Drill for Week of May 24-30

This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between May 24th and close of business on May 30th.  There are two links on each line: – The SPOT link will take you to the well location on Google Maps.  So, if you need it, this will …

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