The state’s STACK and SCOOP plays have produced another massive gas well. This time, Marathon Oil based in Houston, Texas reports combination oil and gas well in Blaine County which is one of the three primary counties comprising the STACK. The KNAPP family well is located west of highway US 270 near the little community …
Oklahoma oilman Harold Hamm certainly got the attention of an energy conference this week in Pittsburgh, Pennsylvania when he told the crowd he didn’t like being called a “fracker.” “I’m not putting up with it,” declared Hamm in his keynote address to the Shale Insight conference. “It’s time to stop. We have a very proud …
When the U.S. Court of Appeals for the D.C. Circuit holds its hearing Tuesday on the legal challenge of the EPA’s Clean Power Plan, all but one of the judges will be there. Supreme Court nominee Merrick Garland will miss the en banc review of the regulatory plan that has been challenged by Oklahoma and …
At least one Oklahoma City-based energy company is expanding while others are laying off workers, restructuring debt or going into bankruptcy. Harding Shelton Exploration is getting more investment capital and at the same time, changing its name to Antioch Energy. Located in Oklahoma City’s Bricktown entertainment district, Antioch is getting the money from TPH Partners, …
“A complete loser for energy” T-Boone Pickens on President Obama Oil tycoon T. Boone Pickens isn’t afraid to say it—he’s for Donald Trump, against Hillary Clinton and thinks President Obama has not been good for U.S. energy. It’s what he said in a recent interview with Yahoo Finance. “There’s no question Donald …
While Oklahoma wrestles with the continuing earthquakes that some scientists believe are a direct link to wastewater injection wells, Oklahoma State House Democratic leader Scott Inman proposes a ban on out-of-state wastewater. It’s what he told News 9’s Justin Dougherty in a recent interview. “I think the state should be looking into whether or not …
Oklahoma City-based Templar Energy LLC has restructured $1.45 billion of debt in order to avoid bankruptcy after securing unanimous lender approval of its reorganization plan, according to a report by The Oklahoman. The oil and natural gas producer’s second lien lenders canceled $1.45 billion in debt in exchange for $133 million in cash and 45 …
Oil futures climbed Thursday as government data confirmed a third consecutive weekly decline in domestic crude oil inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 98 cents, or 2.2%, to settle at $46.32 a barrel, its highest finish since September 8. That marked a fourth consecutive …
