Houston’s Paloma Operating Co. Inc. added a third well to the list of completions at a single pad located 7 miles southwest of the city of El Reno in Canadian County bringing combined production to nearly 2,000 barrels of oil a day. The Friday filing came two days after it listed two previous Summer …
The number of oil and gas rigs working in Oklahoma, according to Baker Hughes Co. remained at 10 this week, unchanged in the past two weeks while nationally, the number of rigs dropped a handful. The Oklahoma count compares to 93 working rigs reported one year ago, based on service numbers provided by …
A tire waste facility in Platteville, Colorado, burned on July 22, throwing off a plume of black smoke that could reportedly be seen from 30 miles away. The Fort Lupton Fire Department said that the blaze from the “tire mountain” was likely to be “a prolonged incident.”Authorities later reported that the blaze was …
Schlumberger is cutting more than 21,000 jobs as the global coronavirus pandemic quashes demand for energy and oil prices are routed. The company will pay more than $1 billion in severance benefits. The job cuts announced Friday, about a quarter of its entire workforce, puts the number of people employed by the world’s largest …
Hertz, the car rental company that closed its Oklahoma City offices weeks ago and filed Chapter 11 bankruptcy has been sued by at least 20 customers who say they were wrongly accused of stealing the cars they rented. USA Today reported the plaintiffs are suing Hertz, former and current executives, directors and certain investors …
The Missouri company that owns those Prime trucks you see traveling Interstates 40 and 35 in Oklahoma just settled two class-action lawsuits with its drivers offering $28 million. New Prime, Inc., the parent company had been sued by drivers who contended they were not being fairly paid. Now the settlement could set a precedent …
Houston-based Paloma Operating Co. Inc. filed a second completion report on wells drilled just east of El Reno showing combined crude oil production of nearly 1,300 barrels a day. The company had filed a first completion report earlier in the week on the Pamunkey 14-12n-7w-1mh with production of 673 barrels of oil a day …
Oil futures declined for a second straight day on Thursday as US crude supplies increased, dulling prospects for energy demand. U.S. prices dropped 2% as September West Texas Intermediate oil fell 83 cents and settled at $41.07 a barrel on the New York Mercantile Exchange. September Brent crude, the global benchmark lost 98 cents …
Pipelines in Oklahoma played a role in Kinder Morgan’s $1 billion writedown of its pipeline operations as it reported a $637 million second quarter loss this week. The impairment of the value of the company’s lines involved North Dakota and Texas as well. Kinder Morgan has several pipeline systems in Oklahoma including the Enid …
Three of Oklahoma’s members of the House voted against the Great American Outdoors Act as it was passed Wednesday on a 310-107 vote. Reps. Tom Cole, Kevin Hern and Frank Lucas cast no votes. Fellow Republican Rep, Markwayne Mullin did not vote on the measure that Democrats hailed as one of the most significant …