Monday, May 14, 2012

Wolverine Oil closing Richfield office

Wolverine Gas and Oil’s Richfield office has been shut down. The office employed four people, but its shutdown doesn’t signal the end of the oil industry in Sevier County. Company officials said the remaining staff of the office would be moved to the oil field location. The closing of the office is a signal that the exploration and seismic work is mostly complete at this point. Richfield Reaper

The company’s Covenant Field facility currently produces some 200,000 barrels per month. Oil pumped from the ground is shipped to refineries in Salt Lake City and New Mexico. Wolverine became the largest taxpayer in Sevier County during the 2011 fiscal year.