The Enid News and Eagle, Enid, OK

Progress 2012

April 7, 2012

Declaring independence

Ward: Technology means more oil, ability to kick foreign fuel habit

ENID — One of the oldest oil production companies in Enid is Ward Petroleum, which drilled its first well near Enid in 1963.

President Lew Ward said the company has most of its activities centered in the Washita the Anadarko basin and Arkoma areas. Since the company’s beginning, it has drilled more than 800 wells, some as deep at 22,000 feet.

 Ward Petroleum has nearly 350 wells in Oklahoma.

The company focuses on geologically complex areas with multi-pay and multi-well potential and uses 3D seismic technology to reduce risk. Ward Petroleum started researching 3D seismic 10 years ago and partnered with Marathon to expand on its success.

The Anadarko Basin is a multi-pay zone, with opportunities for deeper potential due to passed over shallow zones, increased density drilling and low-risk back-up zones for higher risk exploratory tests, according to the company’s website.

Ward said the company currently is working in Roger Mills and Ellis counties, drilling horizontal wells in the Tonkawa and Granite Washita formations. The company also is interested in Mississippi Limestone formations in its area.

“We’re watching what’s happening in the Mississippi play in our backyard,” Ward said. “We’re seeing some very good resources in some and interesting in others.”

Ward said he is uncertain the Mississippi play is as attractive in this area as it is in others, but it has caught a lot of oil men’s attentions.

“We’re very fortunate what’s going on in the Grant, Alfalfa, Woods County and into Kansas. It’s very beneficial,” he said.

But the action is never far from home. As example of activity currently in the Enid area, Ward suggested traveling south on U.S. 81 to Waukomis and observe the number of cars at motels near the highway.

“There is no place to stay in Enid ...” he said. “Bank deposits are up, and lots of good things are happening.”

In his operation, Ward said he tries to favor a prospect that has more oil than gas potential. That doesn’t mean he is not favorable for developing gas potential, but prices for gas are not as good currently, although he said they will be better in the future.

Ward said since he started his business he has seen many trends in the oil business. He said he has stayed optimistic about the oil business and is as enthusiastic today as ever. Horizontal drilling, a relatively new technology, will be valuable in the industry.

“It has changed completely in the last three or four years,” he said. “It’s not the same industry we had three or four years ago. Then you couldn’t say we had 100 years supply of gas and oil, but you can say it now with a great deal of confidence.”

Ward is a firm believer in the free market system and believes it will take care of problems. If there is a shortage, technology will find a way to fill it, and if there is a surplus, the market will find a way to avert those problems, Ward said.

“Oil prices are a great driver, and they will drive the deliverability of primarily crude oil, to where it will soon become a surplus. That will happen sometime in the future, in the foreseeable future 12-18 months. So many are dependent on it,” he said.

Ward said oil pumped in the United States will help the nation become independent of foreign sources. Ward called that oil pool an “awesome amount” that will start coming to market when the pipelines get in place.

That will indicate there is a surplus, he said. When America has a surplus of oil and gas there no longer will be a need to purchase it from foreign countries, some of which are not friendly and undependable.

“In addition,” he said, “when you buy gas and oil from one of those countries you are sponsoring state terrorism.”

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Progress 2012
  • onlineheader.jpg 2012 ON THE HORIZON

    The News & Eagle puts out an annual progress edition. This year's 2012 On the Horizon focuses on developments now and in the future. The stories in text format are available by scrolling down this page.

    Links to pdf format: Economic Development I Health and Wellness I Education I Northwest Oklahoma I Family I Faith I Agriculture and Energy I Community Service

     

    February 18, 2012 1 Photo

  • cover.jpg Community Service

    Enid News & Eagle's 2012 On the Horizon edition concludes with the role of community service.

    Click HERE for text version of the stories.

    Click HERE for pdf version of the edition.

    April 15, 2012 1 Photo

  • Chisholm vs Okeene_6_BV.jpg Chisholm seeks consistency

    August 19, 2012 1 Photo

  • Karen Vanover_Bass Hospital Volunteer_2_BV.jpg A positive interaction

    Karen Vanover and A.Z. Callicoat are past volunteers of the year at their respective hospitals, Vanover at Integris Bass Baptist Health Center and Callicoat at St. Mary’s Regional Medical Center.

    April 14, 2012 2 Photos

  • Sandbox Learning Center_Ella Mae Loggins_BV.jpg Foster Grandparents: The solver of all problems

    “It’s something to get up for in the morning." — Foster Grandparent Ella Loggins

    April 14, 2012 2 Photos

  • Hedges_Carmen Ball_3_BV.jpg Hear this

    Hedges is committed to improving communications skills for those in need in northwest Oklahoma.
    Executive Director Carmen Ball said Hedges is the only full-service speech and hearing center in northwest Oklahoma.

    April 14, 2012 3 Photos

  • Stephanie Ezzell_BV.jpg Doing their part for the community

    Stephanie Ezzell is active in the community in a number of capacities, including the popular Farmers Market, on the southeast corner of Grand and Garriott.

    April 14, 2012 1 Photo

  • Keepin' Enid Green_1_BV.jpg Sorting out the service

    The curbside recycling business began after Chris Feeney of Oklahoma Employment Securities’ Material Recovery, a recycling venture, repeatedly was asked why the option wasn’t available.

    April 14, 2012 2 Photos

  • ESL_Emmanuel Baptist Church_4_BV.jpg Learning the language

    Volunteers at Emmanuel Baptist Church stepped up to fill that gap with free ESL instruction last January, and now they have hopes of expanding the program to better serve the community.

    April 14, 2012 3 Photos

  • First Presbyterian Church Mentoring_1_BV.jpg Tutoring joy

    Each Wednesday after school, church members pick up students — there are 23 in this year’s group — and take them to the church building for a snack, some fun and plenty of homework help.

    April 14, 2012 3 Photos