** Williams plans to announce its first-quarter 2020 financial results after the market closes on Monday, May 4, 2020. The Tulsa-based company’s first-quarter 2020 earnings conference call and webcast with analysts and investors is scheduled for Tuesday, May 5, 2020, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). ** Oklahoma City’s LSB Industries, Inc. announced that …
April 15, 2020 archive
North Dakota predicted to lose 8,000 oilfield workers
North Dakota, where Oklahoma’s Continental Resources Inc. led the state’s massive oil production, has already seen more than 2,000 workers lose their jobs statewide in the coronavirus pandemic and the oil market crash. Now one state official estimates another 6,000 will lose their jobs in the coming months. The prediction comes from Lynn Helms, North …
Bartlesville relief efforts get help from Phillips 66
The Phillips 66 donation of $3 million to COVID-19 relief efforts in the U.S. and the United Kingdom included $300,000 to efforts in Bartlesville, Oklahoma, home of a major Phillips 66 operation and research center. Garrett Giles with KWON Radio in Bartlesville reported the money was granted to the Bartlesville Regional United Way Board …
Pipemaker suspends US operations
Tenaris, which manufactures steel pipe for the oil industry and is headquartered in Luxembourg is suspending operations at four U.S. plants, including Baytown, Texas and plans to layoff workers at others as demand for its products falls during the oil crash. The company said it has temporarily closed plants in Koppel and Ambridge, Pa.; Brookfield, Ohio, until …
Concho shuts down some well operations in Permian Basin
As some production companies notify their Oklahoma royalty owners of intentions to shut in some wells in the state, Permian Basin owners in West Texas are getting similar notifications from Concho Resources. The Texas company says it is shutting some output in response to the collapse in crude prices and explains that others are …
More big producers are found in Oklahoma’s STACK
Another round of large producing wells and single-pad operations was reported this week to Oklahoma Corporation Commissioners including a Chaparrel series of wells with 2,600 barrels of oil a day in production. Chaparral Energy LLC filed reports on two Greenback 1307 wells located at 26 13N 7W in Canadian County and their combined production …
- 1
- 2