Oklahoma’s STACK has given Harold Hamm and his Continental Resources an early Christmas gift in the form of 8 Blaine County wells with production on each well ranging from a thousand barrels a day all the way up to more than 2,400 barrels a day. As reflected in the latest well completion reports listed …
If the regulatory agenda announced this week by President Trump are carried out, the Clean Air Act so strongly fought by Scott Pruitt when he was Oklahoma Attorney General will be history in ten years. In short, the plan is on the chopping block. “We’re lifting restrictions on American energy, and we’ve ended the war …
The USDA’s highlighting the $40 million in financial support it gave to communities and states in the past year including $1 million to the city of Stigler. Ag Secretary Sonny Perdue aid the millions were used to help construct or improve infrastructure and boost economic growth in rural communities. The money for Stigler went to …
The money’s flowing as much as the oil when it comes to the Permian Basin in West Texas. Oasis Petroleum in Houston is paying nearly $1 billion for thousands of acres in the Delaware Basin. The purchase from Forge Energy based in San Antonio involves 20,300 net acres. It is a $946 million deal including …
After coming out of bankruptcy in the past year, Houston-based Linn Energy is dividing itself into three standalone companies with one of them focusing on the oil and gas plays in Oklahoma. The division came after Linn came out of an $8.3 billion bankruptcy as two companies, Linn and Berry Petroleum. But now, Linn is …
Scientists at Stanford University claim they have devised a way of detecting thousands of faint, previously missed earthquakes triggered by fracking. It’s a claim that could have a profound impact in Oklahoma where thousands of earthquakes have been recorded in the last several years, prompting state regulators to control wastewater injection wells. Only in one …
Tulsa’s WPX Energy says it will discuss its fourth-quarter and full-year 2017 financial and operations results during a webcast on Fe. 22, 2018. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance on that Thursday morning. Investors can access the event at …
Another wind farm in Oklahoma has gone operational. EDF Renewable Energy announced that it’s 154 megawatt Rock Falls Wind Project in Kay and Grant Counties in northern Oklahoma started commercial operation this week. Kimberly-Clark Corporation signed an agreement earlier in the year with EDF for 120 MW of generation. It is also Kimberly-Clark’s first …
