Oxy outlines midyear shift to field work and Permian focus
Oxy reports deploying early career engineers to field work to optimize base production and drilling times. In H1, 47 wells drilled with 42 horizontal. 71 wells placed to production. Two Permian wells topped 2,400 boe per day, in Delaware Basin west of Odessa Midland. Despite Permian gains, Q2 profit fell about 85 percent YoY as oil prices lag. Company plans 100 horizontal wells later year, with 12 rigs deemed reasonable for now, and to monetize Bakken assets while building a Midland campus opening this fall.
MENTIONED IN THIS ARTICLE
Oxy
Hollub
Permian Basin
Delaware Basin
Odessa-Midland
New Mexico
Permian
North Dakota
Bakken
Stephen Chazen
Midland
Chazen
Plains West Texas
Wing fragment from MH370 linked to Reunion discovery
A bar nacle encrusted wing part found on Reunion Island is tentatively identified as a flaperon from a Boeing 777 believed to be from Malaysia Airlines Flight 370. Investigators plan analysis in Toulouse as families await answers amid the long, costly search.
MENTIONED IN THIS ARTICLE
Saint-Andre
Reunion
Indian Ocean
Malaysia Airlines
China Sea
Gulf of Thailand
Toulouse
Paris
Europe
Airbus
Defense Ministry
Air
Boeing
U.S
Odessa 1951 Year in Review Highlights Tragedy and Growth
Four Odessa area youths drowned in a Lake Texoma boating accident on December 8 after a wave overturned their small duck hunting boat. Polio outbreaks in November and December produced 40 then 80 new cases, with ten deaths. A $12 million Colorado River Municipal water project began, aiding Odessa Big Spring and Snyder, plus new wells in Martin County. Odessa saw refinery plans, pipelines, and a new 20 ton per day sulfur plant, while the Odessa Community Chest raised $63,000. Miss Texas 1951 was Janie Holcomb of Odessa. A major Lubbock High vs Odessa High district game drew 22,000 fans. Driest Midland Odessa year on record. The 22nd Amendment and MacArthur departure marked national headlines. Sugar Corn Pops cereal debuted. Prince Caspian was published.
MENTIONED IN THIS ARTICLE
Lake Texoma
Shirley Thomas
Robert Reed
Jerry Herrod
Odessa
Harry Kirklin
Abilene
George Cox
Austin
Ector County
Odessa Community Chest
United Way of Odessa
Janie Holcomb
Baytown
Midland-Odessa
Wilbur J. Minder
First Christian Church
United States
Truman
Douglas MacArthur
Kellogg's
ConocoPhillips sees smaller Q2 loss despite beat on earnings
ConocoPhillips posted a $179 million loss in the second quarter as oil prices declined, but adjusted earnings of 7 cents per share topped Wall Street expectations of 5 cents. Revenue fell to $8.66 billion from $14.9 billion a year earlier while costs declined. shares slipped to $52.87 amid a 12 month drop of 38 percent.
MENTIONED IN THIS ARTICLE
Houston ConocoPhillips
Houston Company
Wall Street
Zacks Investment Research
ConocoPhillips
Standard & Poor
Jerusalem gay pride parade stabbing shocks revelers
An anti gay extremist lunged into a leading group at Jerusalem's annual gay pride march, stabbing six people as revelers danced and sang. Police detained Yishai Schlissel at the scene, two victims were seriously wounded, and the attacker had been released from prison only weeks earlier after a 2005 stabbing spree at the same parade.
MENTIONED IN THIS ARTICLE
Jerusalem
Holy City
Yishai Schlissel
Eli bin
Israel
Emergency Service
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Odessa Natural Gasoline Company
Sid Richardson Carbon Company
Phillips Petroleum Company
Pacific Coast
Janie
Ratliff Ranch Golf Links
Ratliffranchgolfodessa.com
Ratliff Ranch
Re Ryeri
Charles Maine’s For Grandmothers
Francene
John’s
Unico Manufacturing
West Texas Imaging Center
Ishopwesttexas.com
Conocophillips.com
Ie Oaca.com
Man
Odessa American
Goldsmith Schools
George Bush
Barbara
Ector County Hospital
City
E. 4Th Street
Eee Me
OROC
Eee Oro Aem Crue
Immersoki
Mt Somo Cha Curl Rem Med
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