Eighty-five years after then Oklahoma Governor Alfalfa Bill Murray took the drastic action of shutting down the State’s oilfields and 3,000 oil wells because of plummeting oil prices, the state faces another dramatic downturn in the oilpath. Howe…
February 2016 archive
Oklahoma Oil Downturn Notihng Like 1931 Forced Oilfield Shutdown by Governor
Eighty-five years after then Oklahoma Governor Alfalfa Bill Murray took the drastic action of shutting down the State’s oilfields and 3,000 oil wells because of plummeting oil prices, the state faces another dramatic downturn in the oilpath. However, i…
Completion Reports February 19 2016
00221_Completion_Reports_February_19th_2016.htm
Permits to Drill February 19 2016
00220_Permits_to_Drill_February_19_2016.htm
Saudi Arabia Balks at Production Cuts, Confuses Crude Markets on Thursday
After all the talk from other OPEC producers, the one that counts won’t commit to caps or cuts creating a mixed day for crude contracts. March West Texas Intermediate crude on the New York Mercantile Exchange added eleven cents to settle at $30.77 a ba…
CVR Refining Turns a Full Year Profit, Net Loss in Fourth Quarter
CVR Refining which owns the Wynnewood Refining Company reported a net income dropped to $291.2 million in 2015 compared to 2014’s net income of $358.7 million. Net sales in 2015 totaled nearly $5.2 million dollars.
While a profit is welcome during the…
Williams Reports Increases in Quarterly and Yearly Earnings
With a 25 percent increase in fourth quarter earnings and a 22 percent jump in full year earnings, Williams Cos. based in Tulsa is pushing ahead with its planned merger with Dallas-based Energy Transfer Equity. However, the company also reported …
Williams Reports Increases in Quarterly and Yearly Earnings
With a 25 percent increase in fourth quarter earnings and a 22 percent jump in full year earnings, Williams Cos. based in Tulsa is pushing ahead with its planned merger with Dallas-based Energy Transfer Equity. However, the company also reported losses…
Phillips 66 Makes $236 million Purchase of Storage Caverns and Franctionator
Thousands might have been let go in the past several months in the nation’s energy sector, including the 1,000 this week at Oklahoma City-based Devon Energy, but some companies are pushing ahead with multi-million dollar acquisitions.
The latest…
Phillips 66 Makes $236 million Purchase of Storage Caverns and Franctionator
Thousands might have been let go in the past several months in the nation’s energy sector, including the 1,000 this week at Oklahoma City-based Devon Energy, but some companies are pushing ahead with multi-million dollar acquisitions.
The latest is th…
