The identity of a worker killed at an explosion at an asphalt plant in Ardmore, Oklahoma has yet to be released. The Friday morning blast and fire occurred at Asphalt Express around 10 a.m. and the cause remains under investigation. Jason Woydziak, the Ardmore Fire Department Training Officer told reporters a building at …
Category: Oil & Gas
Rig activity increased in Oklahoma and US
The weekly Baker Hughes Co. rig report released Friday showed an increase in drilling activity in Oklahoma and across the rest of the country despite concerns by investors about what OPEC + will do. Oklahoma’s count grew by 2 in the past week to reach 29 active rigs, far more than the 10 rigs …
Oilman Robert Hall dead at 92
Longtime oilman Robert “Bob” Hall died last week. He was active as a petroleum engineer and had work experiences with Continental Oil Company, Bayou City Steel where was was President, Doric Corporation in OKC where he was a Vice President and also Vice President of Special Projects for Koch Oil International. In 1980, Hall …
Energy news in brief
** OPEC and allied nations agreed Sunday to raise the production limits imposed on five countries next year and boost their production by 2 million barrels per day by the end of this year, ending a dispute that roiled oil markets. ** A 15-square-mile donation from the Trust for Public Land increases the size of the Sabinoso Wilderness …
Ovintiv finds more success in STACK
Oklahoma’s STACK continues yielding big producers for Ovintiv Mid-Continent Inc. as the company recent completed two wells from a single pad with production of nearly 2,000 barrels a day. The largest of the Post Brothers 1607 wells in Kingfisher County had production of 1,073 barrels of oil a day along with 5,116 Mcf of …
Oil falls again taking Oklahoma energy stocks with it
Oil prices dropped yet another day in trading on Thursday, falling by more than $1 a barrel after a poor weekly reading on US fuel demand and on expectations of more crude hitting the market. West Texas Intermediate crude for August delivery was down $1.48 or 2.2% and settled at $71.65. Global benchmark Brent …
Manchin ‘very, very’ disturbed about reconciliation proposals on climate change
He’s considered to be the most pivotal swing vote for Democrats and now West Virginia Sen. Joe Manchin is voicing serious doubts about his party’s $3.5 trillion economic infrastructure plan. Manchin told CNN he’s “very, very disturbed” by provisions that he believes would eliminate fossil fuels. CNN reported it was a “warning sign” for …
Ovintiv finds big producers in southern Oklahoma
We haven’t seen one of these in a while—a two-well pad site with total production of more than 3,300 barrels of oil a day in south central Oklahoma. The Garvin County producers were brought in by Ovintiv Mid-Continent Inc. with one of the Robertson 0304 wells pumping 2,368 barrels of oil a day along …
Latest Enverus rig count shows slight decline nationwide
The U.S. rig count fell by two rigs in the last week to a total of 536 while the Anadarko Basin is still seeing increased activity as of July 14, according to Enverus Rig Analytics. The count is up 6% month over month and up 93% YOY. The most notable change in …
Energy news in brief
** Exxon Mobil Corp said on Wednesday it will begin hiring additional temporary operators of its Beaumont, Texas refinery as a lock out of 650 union-represented workers runs into its 11th week. ** Striking blue-collar workers at a Volvo heavy truck plant in southwestern Virginia have narrowly ratified what the company said was its final offer …