As the world’s largest asset manager with $9 trillion in assets under management, BlackRock Inc. is putting more pressure on oil and gas companies over climate change. Two of them could be in Oklahoma. BlackRock’s CEO Larry Fink disclosed this past week how his firm will pressure companies to expand their efforts to lower …
The Oklahoma Water Resources Board is reaching out to water well owners in the state as it begins research to determine the current groundwater availability of the Ogallala aquifer. The Board announced it is conducting research for an upcoming study on the aquifer which will provide a new groundwater flow model for both the …
Ovintiv Mid-Continent Inc. apparently had stockpiled its completed wells in Oklahoma as it filed a continuing list of big producers including two Garvin County wells from a single pad with production of more than 3,700 barrels of oil a day. The Denver, Colorado-based company also filed reports on two Canadian County wells on a …
Operators and investors of Oklahoma energy stocks have to be wondering what the week will bring…more Biden moves against the industry? What can bring their stocks back into positive territory after Friday’s down day. Oil futures in the U.S. settled lower as well and reportedly because of concerns about energy demand. West Texas Intermediate crude …
The SandRidge Mississipian Trust I with assets in northern Oklahoma should be dissolved totally by the third quarter of this year according to an announcement made this week. The Trust owns royalty interests in oil and natural gas properties in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma and is …
Phillips 66 reported a slight improvement in cutting losses as its fourth quarter losses totaled $539 million, down from the $799 million reported lost in the third quarter of 2020. The company said excluding special items of $32 million, it had an adjusted loss of $507 million. In the third quarter, its adjusted loss …
