Cana Woodford Leads Oklahoma Drilling Activity as Rig Count Holds Steady As Oklahoma’s oil and gas drilling remained steady for another week, the most active drilling remained in the Cana Woodford. The Baker Hughes Rig Report released Friday showed there were 22 rigs in the play located in the Anadarko Basin. The Cana Woodford is …
Tag: Anadarko Basin
Staghorn Meets Residents After Blanchard Oil Well Blowout
Staghorn Petroleum Meets With Families After Blanchard Well Blowout The operator of an oil well that blew out near Blanchard last week has begun meeting directly with residents who were forced to evacuate their homes following the incident. According to KFOR TV, representatives from Staghorn Petroleum started holding meetings Monday with affected families as part …
SandRidge Energy posts strong quarter with higher production
SandRidge Energy reports another strong quarter Leadership at SandRidge Energy called it “another strong quarter” as the Oklahoma City energy company showed third quarter net income of $16 million or 44 cents a share. Additionally, Oklahoma Energy analysts track these ongoing quarterly improvements closely since they reflect sustained operational uplift rather than one-time pricing spikes. …
Ovintiv exits Oklahoma through NuVista acquisition shift
Ovintiv ends Oklahoma exploration Houston’s Ovintiv Inc. is ending its oil and gas exploration in Oklahoma. Additionally, this marks a significant exit from the Anadarko Basin region for a once highly active operator. Therefore, Oklahoma Energy stakeholders will feel the immediate strategic shift as capital migrates north into Canada. The company announced it reached an …