Well completion reports indicated Continental Resources has had another big STACK well in production for the past three and a half months. The report for the Lorene 1-8-5XH west of the Blaine County community of greenfield showed the well produced 1,933 barrels of oil a day when it was completed in October of last year. …
A 54-year old Oklahoma City repairman for an Austin, Texas energy company has pleaded guilty to defrauding the firm of more than $400,000 through fraudulent invoices over a six-year period. The guilty plea by Luis Enrique Damazo, also known as Luis Enrique Cassinelli was made recently in Oklahoma City Federal court. Acting U.S. Attorney for …
Tulsa’s WPX Energy announced Monday it has sold its last holdings in the San Juan Basin’s Gallup oil play for $700 million. But the buyer was not identified. However, the sale is expected to be completed in the first quarter of 2018. The sale speeds up WPX’s stated deleveraging plans with most of the proceeds …
Oklahoma U.S. Rep. Frank Lucas and other members of a House committee have found themselves at odds with the Department of Homeland Security in a flap over orders to remove Kaspersky Lab software from their computer systems. Lucas and Oklahoma Rep. Jim Bridenstine sit on the House Science, Space and Technology Committee. While Bridenstine has …
Oklahoma Congressman Markwayne Mullin and other members of a House Energy Subcommittee will explore the country’s nuclear supply chain and international nuclear market opportunities in a hearing this week. The Energy and Commerce Committee’s subcommittee on Energy will hold the hearing February 6 and hear from at least 9 witnesses. Among them are representatives of …
The controversial issue of drilling permits for federal lands is getting the attention of members of the House Committee on Natural Resources. Two top Democrats, Rep. Raul Grijalva of Arizona and Rep. Alan Lowenthal of California have asked the Government Accountability Office to examine how many federal on shore oil and gas drilling permits were …
Earthquakes shook southern Oklahoma on Sunday then rattled the northern part of the state early Monday morning, according to the U.S. Geological Survey. But no injuries were reported and no damage as well. Southern Oklahoma normally doesn’t get many quakes but the Sunday event near Elmore City in Garvin County measured 3.1 magnitude. It was …
If anyone thought relations between the wind industry and the civic group called Step Up Oklahoma were smooth, forget it! The group of civic and business leaders who believe the State government can tax its way out of the budget crisis has accused the Wind Coalition and its director Jeff Clark of working to run …
With the start of the 2018 session of the Oklahoma legislature,the state’s wind industry is left wondering how legislators might treat them and their taxes as the state wrestles with a budget crisis. Mark Yates, Director of the Wind Coalition in Oklahoma admits he has some concerns but also told OK Energy Today he’s confident …
As he makes a run for Governor, Oklahoma Auditor and Inspector Gary Jones thinks the oil and gas industry has made the right move in agreeing to a proposed change in the gross production tax. He too has changed his original call for a 5 percent gross production tax for the first three years of …
