Both Oklahoma and the U.S. reported a drop in active oil and gas drilling rigs in the past week. Oklahoma dropped by 2 to 138 while the national count fell by 7 to 1,052. Of the surrounding states with oil and gas activity, only one, Kansas reported an increase in the number of rigs. Kansas …
Devon Energy leaders hoping for more “monster” wells in the Delaware
Monster wells in Oklahoma’s STACK have had production of nearly 3,000 to 4,000 barrels of oil a day, but Oklahoma City’s Devon Energy is dealing with “real” monster wells producing more than 12,000 barrels of oil a day in the Delaware Basin in Texas. And the company believes it has more of the wells in …
AG joins city of Bixby in opposing PSO transmission lines from Wind Catcher project
Oklahoma Attorney General Mike Hunter has taken his opposition to the giant Wind Catcher Wind farm in the Panhandle another step, this time filing a motion in support of the city of Bixby and its opposition to the project’s transmission lines. Hunter filed a motion with the Oklahoma Corporation Commission supporting Bixby’s opposition after Public …
Tulsa’s PennWell company laying off more than 100 workers worldwide
Almost as old as the State of Oklahoma, Tulsa-based PennWell, a publishing and conference marketing firm is laying off at least 130 employees. The company said staffing levels will go from 470 around the world to about 340. The loss of 130 jobs includes at least 100 in Tulsa. The layoffs come just months after …
Anadarko Basin has its share of DUCs
The Permian Basin isn’t the only oil and gas sector where the number of drilled but uncompleted wells is an issue. The Anadarko basin in Oklahoma and the Texas Panhandle have also experienced high numbers of unfracked wells although there was a slight drop in the numbers from April 2018 to May 2018. The U.S. …
Lack of Permian Basin pipeline leads to growing number of unfracked wells
The number of unfracked wells is growing in the Permian Basin, thanks to a shortage of pipelines to haul the crude oil to refineries on the Gulf Coast. And reports suggest the record pace of drillers quitting new wells isn’t letting up. Bloomberg News reports the number of drilled Permian wells that were left unfinished …
Water Resources Board okays $57 million in loans and grants
The Oklahoma Water Resources Board has recently approved 6 loans and 4 grants totaling $56.6 million for water and wastewater infrastructure improvements for: Town of Adair – $99,900 REAP Grant for water line replacement Bromide Public Works Authority- $99,999 REAP Grant for sewer system rehab Canadian County Rural Water & Sewer District No. 5 – $1,161,000 …
Nine Energy leader honored for energy leadership
The head of Nine Energy Service, Inc. a Houston firm with operations in Oklahoma’s STACK and SCOOP plays has been selected for honors. Ann Fox, president and CEO of the company was named winner of the Ernst and Young Entrepreneur of the Year Award in the Gulf Coast area for energy. The award recognizes entrepreneurs …
Clean Energy Fuel Corp. expands CNG operations in Kansas City area
Clean Energy Fuel Corp., the California company with at least two CNG refueling stations in Oklahoma City opened its latest project in Olathe, Kansas. The $4 million project was funded by the city of Olathe and Johnson County where both are switching to compressed natural gas to power 50 city refuse trucks and 120 county …