June 30–Oklahoma rig count grows by 2
The number of rigs searching for oil and natural gas this week fell by five nationally, but the number of working rigs in Oklahoma grew by two, Baker Hughes reported Friday.
The country’s rig count fell to 1,047, but was still up about 11 percent from 940 one year ago. Rigs drilling for oil fell by four to 858 while the number of natural gas rigs declined by one to 187. The number of working miscellaneous rigs remained at two.
In Oklahoma, this week’s count of 140 was up from 132 working in the state a year ago. The number of rigs working in the Cana Woodford basin — home to Oklahoma’s SCOOP and STACK fields — is where the growth in the state happened, climbing to 74. The field is the third most active in the country, behind the south Texas Eagle Ford at 80 and the Permian in west Texas and southeast New Mexico at 474.
Texas remained the most active drilling state, with 530 operating rigs.
Bookseller to offer books in Spanish
TULSA — Educational Development Corp. and Usborne Publishing, Ltd. on Friday announced plans to publish an extensive range of Spanish language titles for the US market.
“Over the years, within our full array of Usborne books available, EDC (Educational Development Corp.) has offered a few titles that provide a basic introductory concept to the Spanish language, including First Thousand Words in Spanish and The Big Book of Spanish Words,” said Educational Development CEO Randall White. “I believe that the inclusion of Spanish titles to an already brilliant catalog will be met with much enthusiasm.”
Usborne Spanish titles will be published in the US under the Usborne imprint in partnership with Educational Development beginning in January 2019 with the release of EDC’s Spring catalog.
Tulsa and OKC firms announce merger
Tulsa-based AmeriTrust Companies is merging with Heritage Trust Co. of Oklahoma City and its parent company, Argent Financial Group.
AmeriTrust Companies includes AmeriTrust Corp. an Oklahoma trust company, and AmeriTrust Investment Advisors, Inc., an Oklahoma financial planning firm.
AmeriTrust CEO Harvie Roe, who founded the company 21 years ago, will continue to manage AmeriTrust from its current location in Tulsa. Jerry Hudson, a fellow owner and director of AmeriTrust, and Roe will join the board of the merged trust company.
AmeriTrust and Heritage will operate under one Oklahoma trust charter, while continuing to do business as Heritage in Oklahoma City and AmeriTrust in Tulsa.
FROM STAFF REPORTS
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