On August 21, 2023, about 1048 central daylight time, a Piper PA-31-350 airplane, N3589X, was substantially damaged when it was involved in an accident near Durant, Oklahoma. The pilot was not injured. The airplane was operated under Title 14 Code of Federal Regulations Part 91 as an aerial observation flight. The pilot reported that, while in flight, he heard and felt a bang from the right side of the airplane. He saw that the right engine nacelle had a hole in it and the engine was on fire. He then shut down and secured the engine, which appeared to stop the engine fire, and diverted to a nearby airport. While on final approach for landing, the engine fire reignited. The pilot landed the airplane, taxied clear of the runway, shut down the left engine, and egressed. The engine fire continued to burn and consumed the right engine and a majority of the fuselage. An engine examination revealed that the No. 2 cylinder was displaced from the engine case but remained attached via the injector manifold vent tube and injector lines. All eight of the No. 2 cylinder’s attach bolts were broken off at the case. The connecting rod cap was found lodged in the bottom of the piston. One connecting rod bolt was found broken off flush in the connecting rod; the top portion was not located. The other connecting rod bolt remained in the connecting rod cap with the nut also not located. One side of the lower connecting rod flange was bent back towards the piston, capturing the nut and remaining portion of the broken bolt. Neither bearing half was identified. Numerous impact marks were noted on the piston, cylinder, and case. A review of maintenance records found that the engine was last overhauled on March 20, 2019, and installed on the airplane on October 1, 2020. The airplane had accrued about 900 hours since the overhaul.