Kansas-based Trans Pacific Oil Corporation continues its straight hole drilling efforts in Northern Oklahoma with the completion of three more wells in Alfalfa and Woods counties. But they were low producing wells out of the Mississippi formation. Known for its straight-hole drilling, the Wichita company completed two wells in Alfalfa County. The Shaw B 1-22, …
Some surprising results, and some not-so-surprising are found in Forbes’ latest report on which states people are moving to and those they are fleeing. The magazine ranks Oklahoma number four nationally for states where people are moving to for jobs. Here’s how Forbes described Oklahoma’s attraction: 4. Oklahoma Oklahoma’s economy had been booming, but slumping …
Democratic presidential hopeful and former Vice President Joe Biden no doubt didn’t score points with Oklahoma oil leaders over the weekend. If he gets his way, they would be put behind bars for harming the environment. During a campaign stop in Peterborough, New Hampshire, Biden went so far as to state that if fossil fuel …
One of the companies under new leadership and with a correction in its financial course for 2020 is Oklahoma City’s SandRidge Energy, Inc. Last month, it announced a series of actions it said were “designed to improve shareholder value.” SandRidge not only re-evaluated a minimal 2020 capex plan to maximize free cash flow, but the …
** —ExxonMobil said it has secured more than 1.7 million acres for exploration offshore Egypt. The acquisition includes acreage in the 1.2 million North Marakia Offshore block, which is located approximately five miles offshore Egypt’s northern coast in the Herodotus basin. The remaining 543,000 acres is in the North East El Amriya Offshore block in the Nile …
Two of the 15 people injured in a Friday explosion at Textron Aviation in Wichita remain hospitalized. Both are listed in serious condition. Sedgwick County fire investigators blamed a rupture of a three-inch liquid nitrogen line on the explosion in a building that houses composite manufacturing and experimental aircraft fabrication. The nitrogen is used in …
From the record amount of tornadoes in Oklahoma—even some in late December to the highest temperatures and the most rainfall—they all were recorded in 2019 by the Oklahoma Mesonet. State Climatologist Gary McManus noted in Monday’s Mesonet report that the number of tornadoes increased by one on December 28 in eastern Oklahoma, reaching a year’s …
As New Mexico begins exploring regulatory ways to reduce methane emissions from the state’s oil and gas industry, an advisory panel has released a report explaining how those emissions are produced. It also offers suggestions how the state might be able to curb pollution from the industry. The 300-page report was released this month, …
Declines in oil production in the Permian Basin of West Texas and southeast New Mexico are predicted in 2020. A new report from IHS Markit also indicated that newer, unconventional wells are exhibiting faster production declines. The analysis by IHS Markit involved more than 150,000 producing oil wells across the basin, according to the Carlsbad …
SUBSCRIBE Since launching construction on its $2 billion, 430-mile long Permian Highway Pipeline in the summer, Kinder Morgan reports significant progress. More than 50 percent of the initial 100-mile route from Pecos County, Texas east has been finished. Kinder Morgan is building the line along with EagleClaw Midstream and Altus Midstream Processing. It is …