October 29, 2017 archive

OKOGA Warns Against Actions by Sierra Club, EarthWorks

A leading Oklahoma energy industry association is striking back at two oppositional groups. In a Saturday op-ed published by The Journal Record, Chad Warmington, president of the Oklahoma Oil and Gas Association, alleged the Sierra Club and EarthWorks conspired in a publicity stunt by releasing misleading videos giving the appearance of improper emissions leaking from …

Continue reading »

Alta Mesa Settles Kingfisher County Royalty Lawsuit for $4.57 Million

Houston-based Alta Mesa Holdings LP, Alta Mesa Services LP and Oklahoma Energy Acquisitions has agreed to settle a Kingfisher County lawsuit alleging underpaid royalties for a sum of $4.57 million, according to a report published by The Oklahoman on Sunday. The settlement covers 115 oil and natural gas wells and their mineral owners. Court approval …

Continue reading »

Strong Friday Finish as Brent Crude Settles Above $60, WTI Nears $54 a Barrel

Oil prices rallied on Friday, lifting the WTI settlement near $54 as Brent crude finished above $60 a barrel for the first time in more than two years, according to Bloomberg MarketWatch. December Brent crude, the global benchmark┬árose $1.14, or 1.9%, to settle at $60.44 a barrel on the London ICE Futures Exchange, marking the …

Continue reading »