February 25, 2019 archive

Shortage of ocean-traveling oil tankers

So much oil is coming out of Oklahoma, Texas, New Mexico and other states that oil tankers in the Atlantic are making empty trips to the U.S. to carry the oil to the rest of the world. It’s a complete opposite of what the cargo ships have done in the past.  They would normally carry …

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Texas oil production broke another record

  Oil production in Texas in 2018 set a record, reaching levels not seen in nearly 46 years. The Texas Independent Producers Royalty Owners association reported that oil wells in the state produced more than 1.54 billion barrels of crude in 2018. It blew away the previous record of 1.28 billion barrels set in 1973 …

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Rep. Mullin spends time with businesses in Eastern Oklahoma

  Oklahoma congressman Markwayne Mullin spent his week off from Capitol Hill by meeting with constituents in his 2nd Congressional District. It included time at some of the energy-related businesses in eastern Oklahoma. They were in Hugo and Antlers where the Congressman visited TrinityRail Maintenance Services and the Teal-Jones Lumber Company. ” We discussed their …

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Unit Corporation leaders to be a part of upcoming conferences

  Management at Unit Corporation headquartered in Tulsa plan to be a part of the EnerCom Dallas Oil and Gas Conference this week. The conference will be held Wednesday and Unit Corporation will make a presentation at 8:30 a.m. Oklahoma time. The company also plans to be a part of the Raymond James Institutional Investors …

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Another firm expands natural gas gathering and saltwater disposal operations in the Permian

The growth of the operations in the Permian Basin in West Texas and southeast New Mexico has prompted Matador Resources Company to expand its natural gas gathering and salt water gathering and disposal operations in the Delaware Basin. The expansion includes an agreement between the Dallas-based company and a subsidiary of Five Point Energy LLC. …

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Sierra Club pushes fight to expand solar energy industry and protect the wind industry in Oklahoma

  The Oklahoma Sierra Club is making a pitch to its members and followers to urge the state legislature to do more for expansion of solar energy in the state and at the same time protect the wind industry. In a message to members over the weekend, Oklahoma Sierra club Chapter President Johnson Grimm-Bridgwater said …

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