July 20, 2019 archive

Oil and gas lost workers in June while Oklahoma jobless rate remained at 3.2%

The number of oil and gas jobs dipped slightly in Oklahoma in the month of June as the state’s jobless rate held steady, according to the Oklahoma Employment Security Commission. The June overall jobless rate remained at 3.2% with a total of 58,214 unemployed Oklahomans out of a labor force of 1,831,502. The U.S. unemployment …

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Oklahoma firms honored by National Safety Council

The National Safety Council recognized seven Oklahoma organizations for their commitment to keeping employees safe on the roads during the presentation of the inaugural Our Driving Concern Oklahoma Employer Traffic Safety Awards. Awards were presented in partnership with the Oklahoma Highway Safety Office and the Oklahoma Safety Council at the Oklahoma Safety and Health Conference in Oklahoma …

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Completion reports for July 19, 2019

Completion reports filed for July 19, 2019. completions: none were processed today

Permits to drill for July 19, 2019

Permits to drill issued for July 19, 2019. permits: none were processed today

Texas frac sand supplier files Chapter 11 bankruptcy

A second silica sand proppant distributor in a week has filed Chapter 11 bankruptcy, thanks to a drop in demand in the oil and gas sector. Emerge Energy Services LP filed in Delaware stating it has nearly $330 million in assets while debts total $266 million. The Southlake, Texas company says it wants to set …

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Roan makes deal with Blue Mountain to move oil out of Merge play

  Oklahoma City’s Roan Resources has made a 10-year agreement with Houston’s Blue Mountain Midstream for gathering crude in Oklahoma’s Mergeplay between the STACK and the SCOOP plays. The agreement covers 89,000 net acres. Blue Mountain plans to build a crude system with nearly 50 miles of gathering pipeline. The system will include two downstream …

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Rig counts drop in Oklahoma and across the U.S.

The number of working oil and gas rigs declined in Oklahoma in the past week, slipping by 3 from the previous week to 95. A year ago, the state had 138 oil and gas rigs according to figures from Baker Hughes Co. Nationally, the count dropped by 4 in the past week to reach 954. …

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Record revenues for Kansas City Southern as petroleum shipments grew

The Kansas City Southern Railway reported record revenues of $714 million for the second quarter of 2019. It was a 5% increase over the second quarter 2018 revenues. The company said the record revenues occurred even as carload volumes were flat compared to a year ago. Kansas City Southern Railway has extensive trackage throughout eastern …

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