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The Daily Oklahoman from Oklahoma City, Oklahoma • B7

Location:
Oklahoma City, Oklahoma
Issue Date:
Page:
B7
Extracted Article Text (OCR)

Friday, December 14, 2018 NEWSOK.COM 0KLAH0MAN.COM Storage possible for produced water most of the water gets sent to saltwater disposal wells to be injected far underground. But a portion of the water is treated so that it can be reused to complete future wells, and that water typically is stored, at least for a time, in a man-made pit until it can be moved using either pipe or trucks from that location to another. SEE WATER, 8B on the concept by representatives of the Oklahoma Department of Environmental Quality. The process could make a difference when it comes to future operations involving exploration production companies active in Oklahoma's SCOOP, Merge and STACK plays. Today, well operators produce oil, gas and water from completed wells.

The oil and gas is harvested and sold, while BY JACK MONEY Business Writer jmoneyoklahoman.com Thinking outside of the box means heading underground when it comes to storing water needed for future industrial or agricultural uses. Participants at the Cost-Effective Water Management Congress SCOOP STACK 2018 on Thursday were briefed Newfield Exporation's Barton Water Recycling Facility in Kingfisher County includes an impoundment where water is stored, at least for a time. On Thursday, participants at the Cost Effective Water Management Congress SCOOP STACK 2018 were exposed to the idea of using underground, non-drinking water aquifers as a place to store water needed for future industrial uses, the oklahoman archives Oil imports continue despite production growth fen Adam Wilmoth awilmoth oklahoman.com Kat Martin, ShowBiz Cinema worker, scoops out freshly made popcorn for employees, photos by eriech tapia, for the okahoman It is showtime at ShowBiz Cinemas in Edmond While U.S. oil production and export capacity both are expanding rapidly, don't expect imports to end anytime soon. The country's production surged to 11.7 million barrels of oil per day in the last week of November, according to the U.S.

Energy Information Administration. That's up about 2 million barrels per day from one year ago and up 113 percent from 5.5 million barrels a day in 2011. Crude oil exports have expanded rapidly since President Barack Obama lifted the country's 40-year-old ban in 2015. U.S. producers are exporting about 3.2 million barrels of oil per day, and expansion projects underway promise to rapidly boost the country's export capacity over the next few years.

Including refined products like gasoline and diesel which were not included under the crude oil export ban the United States became a net petroleum exporter last month for the first time in 75 years, according to the government data. Still, the country continues to import large amounts of crude oil and likely will for many years to come. While the country exported 3.2 million barrels per day of crude oil last month, U.S. refiners imported 7.2 million barrels per day. The main reason for the continued use of foreign oil is because of the configuration of U.S.

refineries. Crude oil is far from uniform. Most U.S. shale oil is considered light, sweet oil, meaning it is relatively thin and has little sulfur content. Much of the oil imported from Canada, Venezuela and parts of the Middle East is heavy, sour oil, which is thicker and has more sulfur.

Since U.S. refineries had increasingly relied on foreign oil for much of the past 50 years, operators spent billions of dollars equipping them to handle the foreign oil. They can use some domestic oil, but they are most productive when they include a blend with heavy, sour oil. Also, about 25 percent of U.S. refinery capacity is owned by foreign oil companies.

SEE IMPORTS, 8B ShowBiz Cinemas includes 10 wall-to-wall movie screens with electric recliners, Dolby Atmos surround sound and an auditorium featuring 4K digital laser projection. BY ERIECH TAPIA For The Oklahoman EDMOND ShowBiz Cinemas is putting the final touches on its first Oklahoma location in preparation for Tuesday's opening. "We really have not had entertainment at this level in this area," said marketing director Beth Miska. "We are very excited to be here." With 14 bowling lanes, a lane -side cafe and arcade, guests can enjoy more than just a movie. The cinema also offers a full bar with food, which can be taken into the bowling area and cinemas.

"Everybody is always trying to find the lowest cost way, but we went a different, more special way," said Rob Warnes, ShowBiz Cinemas chief operating officer. "This is a special place." The theater includes 10 wall-to-wall movie screens with electric recliners, Dolby Atmos surround sound and an auditorium featuring 4K digital laser projection. Every plush seat in the cinema reclines. "There are really no bad seats in the house," Miska said, as guests can reserve seats when buying their tickets online. On Monday, a VIP event will take place allowing guests to meet with Chuck and Gena Norris, with a ribbon -cutting ceremony at 5:30 that evening with free bowling, games, movies, popcorn and soda.

During the grand opening on Tuesday, guests can take advantage of the $5 Tuesday deal for all shows. Other discounts are available for students, military and seniors. Firefighters and police officers can get free tickets, which Warnes said makes the place safer. "There is not a day that goes by when we do not have a first responder in the building," he said. SEE SHOWTIME, 8B London Priest, ShowBiz Cinemas game attendant, checks off the final touches in the prize room.

The Oklahoman Business Department P.O. Box 25125 Oklahoma City, OK 73125 Adam Wilmoth, Business Editor 405-475-3273, awilmothoklahoman.com GAS PRICES AAA's average for regular unleaded: Nation State Nation State Thursday $2,399 $2,049 Year ago $2,453 $2,219 Week ago $2,443 $2,089 Record $4,114 $3,954 Month ago $2,678 $2,374 Set 71708 71608 MARKETS DOW JONES 70.11, 24,597.38 NASDAQ 27.98, 7,070.33 Coverage, 8B OIL $1.43, $52.58 NATURAL GAS $0,012, $4,124 CATTLE $0,375 $119,500 WHEAT $0.08 3A, $4.92 V2.

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Pages Available:
2,660,391
Years Available:
1889-2021