A study by the U.S. Geological Survey showed that drilling companies could save money by using sediment from water reservoirs and rivers rather than the more costly frac sand from the upper MidWest. The study focused on the dredging operations of reservoirs in the Missouri River Basin. It found that using the dredged sand could …
March 2018 archive
President’s Tariffs Will Increase Pipeline Construction Costs
The CEO of Plains All American Pipeline, the firm with huge pipeline and storage operations in Oklahoma warns steel tariffs proposed by President Trump will hurt the pipeline construction industry in the U.S. Greg Armstrong told those attending CERAWeek by IHS Markit conference in Houston that certain sizes of steel pipe and valves were only …
IEA Predicts Lack of Oil Pipelines Could Hurt North American Oil Exports
The International Energy Agency is predicting if delays for pipeline approvals continue in the U.S. and Canada continues pumping more oil from tarsands, there could be reductions in export capacity. The IEA came out with its annual five-year oil forecast on Monday and warned the Canadian oil pipeline constraints are part of a wider capacity …
Hamm’s Skepticism of Oil Forecasts Gets Support
Oklahoma oilman Harold Hamm has some support in his criticism of government forecasts of oil production in the U.S. Mark Papa, former CEO of EOG Resources and current Chairman and CEO of Centennial Resource Development recently expressed the same skepticism of the forecasts coming from the U.S. Energy Information Administration and others. He contends U.S. …
Quakes Caused Damage at Enid
Two earthquakes, each measuring 4.2 magnitude struck near Enid on Sunday causing some damage and were strong enough to be felt in Wichita, Kansas. The US Geological Survey indicated they were the strongest earthquakes to be recorded this year in Oklahoma. “It sounded like an explosion,” Brandi Davidson told the Enid News and Eagle. She …
Love Him or Hate Him, but Kevin Durant’s Using his Millions to Help Disadvantaged Kids
Okay, okay. So you don’t love Kevin Durant anymore since he dumped the Oklahoma City Thunder for more money and a chance for an NBA championship ring with the Golden State Warriors. But the former Oklahoma City and one-time fan favorite in the state is using his millions to create business opportunities in technology. At …
Dallas Gas Company Maintains Secrecy After Fatal Gas Explosion
The company whose natural gas line blew up and killed a 12-year old girl last week in Dallas is refusing to reveal where old steel pipes still exist in the city. As the Dallas Morning News reported, Atmos Energy claims it would pose a “security risk” to reveal which Dallas neighborhoods still have the steel …
Frac Boats for Sale
For some oil and gas operators, they use their money to invest in boats. Speeding around lakes and reservoirs. But one Texas company has a different boat in mind. A boat to scan frack ponds. Transwater Inc. manufactures the small boats as part of its operations. The Midland, Texas company specializes in equipment for frac …
Pickens’ Boyhood Home to be Moved to OSU in Stillwater
When oilman T-Boone Pickens sells his Texas Panhandle Ranch, he will also move the home he grew up in, back to the Oklahoma State University campus in Stillwater. Currently, the white-frame home that once sat in Holdenville, Pickens’ home town, sits next to the $250 million ranch home he’s trying to unload. His fourth …
Marathon to Focus on Oklahoma and Other States After Exiting Libya
Oklahoma is one of the focus targets by Houston’s Marathon Oil after selling its take in Libyan oil acreage for $450 million to French oil giant total. Marathon indicated it wanted to depart what it felt was an unstable region and focus on oil production growth in the shale regions of Oklahoma, Texas, New Mexico …