Oklahoma energy briefs, Feb. 15

Oklahoma energy briefs, Feb. 15
Published: February 15, 2013
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Osage reports initial results

Osage Exploration and Development Inc. announced this week that initial production from its latest Logan County well averaged nearly 500 barrels of oil equivalent during its first 30 days. About 88 percent of that production was crude oil. “The oily product mix in this well further supports our thesis that Logan County economics may be among the best economics anywhere in the horizontal Mississippian play,” CEO Kim Bradford said. “The pace of drilling activity in Logan County is another indicator of the quality of Osage's acreage.”

Access seeks standardization

A Pennsylvania engineering firm will work with Access Midstream Partners to develop specifications to standardize its natural gas compressor stations in Oklahoma and six other states. CDI Corp. engineers will create a standardization package to help Access shorten construction time and reduce costs on future plants. “We are delighted that Access Midstream has selected CDI for this project,” said Robert Giorgio, president of CDI's global engineering and technology solutions business. “Standardization of facilities can provide a competitive advantage in the growing natural gas industry and our experienced team of engineers look forward to helping Access design optimal engineering specifications to more efficiently meet its gas distribution targets.”



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