November 2014 archive

Istook Calls for ‘Thank You’ to Oil and Gas

Former Oklahoma Republican congressman Ernest Istook says it’s about time the nation gave a big “thank you” to the country’s oil and gas companies for stimulating family budgets and the national economy.
It’s what he calls for writing recently in the …

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State’s Gasoline Average Falls to $2.86 says GasBuddy.com

Gasoline prices keep falling in Oklahoma and the statewide average is now $2.86 a gallon, according to GasBuddy.com. The new average compares to $2.99 a week ago and to $3.06 one month ago.
Nationally, the GasBuddy average is $2.93 a gallon compared …

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Despite Oil Price Drop, Most States See Increased Rig Counts

The latest Baker Hughes oil and gas rig count shows Oklahoma is unchanged with 208 active rigs in the past week. And despite the downturn in oil prices, many of the oil-producing states still saw an increase n their rig counts with the exception of New…

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Former State Energy Secretary Sullivan Honored by OIPA

The latest inductee into the Oklahoma Independent Petroleum Association’s Wildcatters Hall of Honor is former State Energy Secretary and Tulsa oilman Robert J. Sullivan Jr. He was inducted during the OIPA’s Fall conference.
Sullivan is owner of the Tu…

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Oil Slump Forces Continental to Adjust 2015 Drilling Efforts

Oklahoma City-based Continental Resources says its third quarter 2014 net earnings were $534 million which figured out to be $1.44 per diluted share. And the adjusted net income for the quarter came to $301 mlillion or $0.81 per diluted share. …

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Oil Slump Forces Continental to Adjust 2015 Drilling Efforts

Oklahoma City-based Continental Resources says its third quarter 2014 net earnings were $534 million which figured out to be $1.44 per diluted share. And the adjusted net income for the quarter came to $301 mlillion or $0.81 per diluted share. A year…

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Reuters Focuses on General Counsel in Harold Hamm Divorce Trial

A week after losing a ruling to open the sealed transcripts and documents in the multi-billion dollar divorce trial of Continental Resources founder Harold Hamm, Reuters news agency continues its coverage of the controversial proceeding in Oklahoma Cit…

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No Surprise—Texas Leads Nation in Oil and Gas Job Growth

While Texas led the nation last year in energy job growth to the tune of 19,000 new private sector jobs in oil and natural gas production, Oklahoma was in the top ten states with what the federal government calls ‘significant contributions’, acco…

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No Surprise—Texas Leads Nation in Oil and Gas Job Growth

While Texas led the nation last year in energy job growth to the tune of 19,000 new private sector jobs in oil and natural gas production, Oklahoma was in the top ten states with what the federal government calls ‘significant contributions’, according …

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Texas Moves to Challenge Denton Fracking Ban

A State agency moved quickly the day after election day in Texas following the voter-approved fracking ban in the north Texas city of Denton and filed court action to stop implementation of the ban. The General Land Office went to District Court seeki…

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