April 14, 2016 archive

Tulsa Oilman Tom Atkinson Files for Bridenstine’s 1st District Seat

Tulsa energy executive Tom Atkinson is challenging Jim Bridenstine for the 1st District congressional seat.
Atkinson filed Thursday morning to oppose Bridenstine, a two-term incumbent, in the June 28 Republican primary.
“The people of Oklahoma deserv…

Continue reading »

Williams Wins Motion to Expedite Litigation Against ETE in Delaware

The Williams Companies, Inc. announced Thursday that the Delaware Court of Chancery has granted the company’s motion to expedite the litigation commenced by Williams against Energy Transfer Equity, L.P.
The Tulsa-based company’s April 6 lawsuit agains…

Continue reading »

Completion Reports April 15, 2016

00097_Completion_Reports_April_15-_2016.htm
   

Continue reading »

Energy Companies “Conned” State of California

Energy companies bilked California out of more than $1 billion? It’s what an administrative law judge at the Federal Energy Regulatory Commission bluntly says happened at the hands of Shell Energy North America and Iberdrola Renewable LLC.
Judge Steve…

Continue reading »

15,000 Wells Later for the OERB

Welcome rainfall on Wednesday might have prevented the Oklahoma Energy Resources Board members from celebrating well number 15,000 to be environmentally cleaned up in the state at the well site, but as the old saying goes, it did not dampen spiri…

Continue reading »

15,000 Wells Later for the OERB

Welcome rainfall on Wednesday might have prevented the Oklahoma Energy Resources Board members from celebrating well number 15,000 to be environmentally cleaned up in the state at the well site, but as the old saying goes, it did not dampen spirits.
I…

Continue reading »

Bloomberg News—-How Wall Street Misjudged the Oil Boom

Reading a Bloomberg News article about how Wells Fargo Bank and Wall Street misjudged the oil boom of 2014 reminds one of how the same thing happened in the early 1980s in Oklahoma, leading to the Penn Square Bank collapse. Bank executives in th…

Continue reading »

Bloomberg News—-How Wall Street Misjudged the Oil Boom

Reading a Bloomberg News article about how Wells Fargo Bank and Wall Street misjudged the oil boom of 2014 reminds one of how the same thing happened in the early 1980s in Oklahoma, leading to the Penn Square Bank collapse. Bank executives in the 80s …

Continue reading »

Energy XXI Latest to File Bankruptcy Amidst Energy Downturn

Another oil and gas producer has gone to bankruptcy court, trying to resolve its billions in debt. Houston, Texas based Energy XXI filed for Chapter 11 restructuring in federal bankruptcy court this week in Houston, trying to eliminate $2.8 billi…

Continue reading »

Energy XXI Latest to File Bankruptcy Amidst Energy Downturn

Another oil and gas producer has gone to bankruptcy court, trying to resolve its billions in debt. Houston, Texas based Energy XXI filed for Chapter 11 restructuring in federal bankruptcy court this week in Houston, trying to eliminate $2.8 billion in …

Continue reading »