OSHA is investigating the oilfield death of a worker last week in northern Oklahoma . The employee, Jerry Pollard was found dead at the site in Major County reported KFOR TV News. Click here for News 4
More producers completed in Oklahoma’s STACK and SCOOP
Eleven months after Marathon Oil Company completed a Blaine County well with production of nearly 1,300 barrels of oil a day, it filed a completion report with Oklahoma regulators. The J&m Bia 1510 3-30mh, located at 30 15N 10W, located 7 miles southeast of the city of Watonga was completed Aug. 9, 2021 with production of …
Other headlines
** An Energy Transfer natural gas transmission pipeline exploded on Thursday, setting off a two-hour fire in a rural area on the west edge of Houston, according to state and local officials. The blaze was extinguished at about 12:10 p.m. CDT , according to the Texas Railroad Commission, which regulates oil and natural gas drilling and …
Crude oil rebounded on Friday—will the gains continue?
Crude oil prices managed a 2% rebound on Friday but it’s clear that as prices finished down for the week of trading that investors remain worried about a recession. Will the rebound continue in Monday’s trading—that’s the question as we enter another week of buying and selling crude oil. Oklahoma energy stocks had something of …
Medford gas plant explosion and fire forces evacuations
Hundreds were evacuated Saturday when the ONEOK gas plant at Medford in northern Oklahoma caught fire, a fire that remains under investigation. Large billowing black clouds were seen coming from the plant as witnessed by Michael and Brittany Stone who captured this video. #KWCH12 pic.twitter.com/V8Cy8FbYfM ONEOK issued a statement Saturday afternoon, calling it an “incident” that occurred …
Continental Resources wins approval for oil project in North Dakota
State regulators in North Dakota have given the go-ahead for an enhanced oil recovery “pilot project” involving Oklahoma-based Continental Resources, the largest oil producer in the state’s Bakken oil play. The so-called “huff and puff” plan will involve natural gas according to a report by Prairie Public Radio. Click here for Prairie Public Radio …
Back above $100 for crude oil
Crude oil prices managed a turnaround in Thursday’s trading as U.S. prices finished back above $100 a barrel while Oklahoma energy stocks made big gains. West Texas Intermediate crude for August delivery rebounded by $4.20 a barrel to close at $102.73 on the New York Mercantile Exchange. Global benchmark Brent crude for September delivery …
Crude in storage is unchanged at Cushing hub
The Cushing oil hub has stopped its crude supply slide as new figures show the amount in storage as of the first of July was the same as a week earlier. The U.S. Energy Information Administration reported Cushing held 21.3 million barrels of oil as of July 1, the same amount reported on June …
Oklahoma oil drillers active across the U.S.
This week’s Enverus Foundation rig report showed a decline of one rig, leaving 820 active rigs in the U.S. It also revealed how active Oklahoma players are in the various shale plays around the country, including Devon Energy, Continental Resources and Chesapeake Energy. The count was as high as 833 in the last week, …
OKC Water Trust keeps high bond rating
The Oklahoma City Water Utilities Trust recently received a reaffirmation of its bond rating issued by S&P Global Ratings and Moody’s Investor Services. Standard & Poor’s and Moody’s reaffirmed the AAA and Aaa ratings which put the Water Trust among the top 7% and 5%, respectively, for municipal water and wastewater utilities. The reaffirmed …
