A second quarter earnings report will be released in early August by Smart Sand, Inc., the Texas-based company with frac sand operations in El Reno, Oklahoma. The company plans a release of its financial results following the close of markets on Tuesday, August 9. A conference call for investors will be held the following day, …
July 21, 2022 archive
Environmental Justice caucus formed in OKC
Oklahoma City prepares to sponsor a newly-formed Environmental Justice Caucus. The city announced that those interested in environmental justice can register to attend a free caucus at 5 p.m. Aug. 15 at the Oklahoma City Convention Center. In the announcement, the city explained the locally-driven discussion will allow people to share ideas, build relationships and communicate …
Cushing sees slight gain in crude oil storage
Oklahoma’s Cushing hub saw a slight gain in the amount of crude oil held in storage in the past week. The latest information provided by the U.S. Energy Information Administration showed 22.8 million barrels were in storage as of July 15, up from the 21.6 million reported as of July 8 of this year. …
Make it 3 Camino wells near El Reno
Denver’s Camino Natural Resources not only scored two wells with nearly 1,800 barrels of oil production daily near El Reno, a story we first reported this week, turns out the company also brought in another well nearby. A completion report filed after OK Energy Today’s report of the two wells on a single pad …
Keystone possibly back to full service next week
The Keystone oil pipeline, the one that runs through Oklahoma carrying Canadian crude to the Gulf Coast refineries could be back to full capacity sometime next week. Reports indicate the return is dependent on repairs made to a South Dakota electric substation that was reportedly vandalized last week, resulting in an interruption of the …
Evergy hit with $500,000 fine over consumer protection law
Evergy, the largest electric utility in Kansas agreed this week to pay a $500,000 penalty for allegedly violating consumer protection laws. The company sponsored home electrical warranties that provided no benefit reported the Kansas Reflector. Click here for Kansas Reflector
Other headlines
** Ford Motor Company plans to lay off as many as 8,ooo employees in the coming weeks to help finance its electric-vehicle initiative. ** Ford says it has secured enough battery supplies to manufacture 600,000 electric vehicles per year by 2023. ** ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of …
Halliburton leader warns of no fracking growth this year
Halliburton issued something of a dire warning that those oil and gas producers who don’t have equipment leased for new wells won’t get it from the company for the remainder of 2022. As a major oilfield service provider, that announcement might have set some drillers on their heels. Halliburton’s Chief Executive Officer Jeff Miller …
ConocoPhillips leader issues oil shortage warning
The comments of ConocoPhillips Co. CEO Ryan Lance were far from optimistic this week when it comes to the immediate future of the oil and gas industry. Speaking at the Houston Producers Forum, he warned of looming crude oil shortages and price volatility reported Hart Energy. Click here for Hart Energy
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