Investors in the oil and gas industry are bracing for what analysts suggest will be shocking news in the next few weeks as companies report their quarterly results. Magellan Midstream in Tulsa will issue its report and hold an annual shareholders meeting Thursday. Williams Cos. will hold a meeting on Tuesday and Cheniere Energy will …
Halliburton followed up its recent layoff of 350 workers in Duncan, Oklahoma with the layoff of 384 workers at the South San Antonio, Texas facility that oversees the company’s Eagle Ford Shale operations. Halliburton informed the Texas Workforce Commission on April 7 that it was laying off the workers immediately. The layoffs are expected to …
The woman the oil and gas industry loves to hate stirred up a storm this week when she celebrated after oil prices plunged into negative territory for the first time in recent history. The woman is better known as A-O-C. Representative Alexandria Ocasio-Cortez (D., N.Y.) tweeted “you absolutely love to see it,” as the U.S. …
A new economic report says Midland, Texas will probably be the hardest hit city in the country because of the pandemic and the oil crisis. It’s become the heart of the Permian Basin where the number of oil rigs drilling for more oil dropped faster than a West Texas sunset. With people staying home and …
Completion reports filed on April 21, 2020. BLAINE COUNTY Crawley Petroleum Corporation Mississippi Solid(8950): Oil 253 Gas 2773 Water 1393 Flow 13 19N 13W Hoffman Trust 2-13mh, October 08, 2019 HH, OIL, TD: 13555 ft Lat: 36.11612, Long: -98.53205 API: 35011242360001 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10051): Oil 696 Gas 6750 Water 1793 Flow 19 12N 7W Vinita 1207 19-18-1mxh, October 05, 2018 HH, OIL, …
Permits to drill issued on April 21, 2020. Canadian County GREENBACK 1307 #2MH-35, November 01 2019 26 13N 7W NESWSESW API: 01725555 Lat: 35.56678514925909, Long: -97.91807908285752 CHAPARRAL ENERGY LLC HH, AM, 14100 ft, MISSISSIPPI(9088) Canadian County GREENBACK 1307 #6SMH-35, November 01 2019 26 13N 7W SESWSESE API: 01725551 Lat: 35.56643634827938, Long: -97.90883183599746 CHAPARRAL ENERGY LLC HH, AM, …
Amidst the claims of some analysts who believe much tougher times are ahead for the oil and gas industry, oil prices rose nearly $48 a barrel in Tuesday’s trading, finishing the day out of the negative at $10.01 per barrel. It translated into an improvement of nearly 127% compared to Monday when prices closed at …
Four years after noted Oklahoma oilman Aubrey McClendon died in a fiery crash of his SUV into a concrete bridge abutment in north Oklahoma City, his estate is still being settled in Oklahoma County Probate Court. The most recent filing by his estate’s attorney Thomas J. Blalock asked for additional time to allow or reject …
The Texas Railroad Commission has delayed a decision on a request by major oil companies to force a reduction in the state’s oil production with commissioners indicating they are in talks with regulators in Oklahoma and North Dakota as well as Canada and other countries. The decision to delay came a day after oil prices …
An investigation by Oklahoma State Auditor Cindy Byrd’s office has found wrongdoing by a circuit engineering district created to provide services to 11 counties in southwestern Oklahoma. The audit found the district violated several state laws through construction and operation of an asphalt emulsion plant. Reporter Randy Ellis wrote about it in the Tuesday edition …
