Category: Oil & Gas

Devon Spends Nearly $200,000 Fighting Denton’s Proposed Fracking Ban

Oklahoma City-based Devon Energy is one of those energy firms that has helped fund opposition to a frack ban to be decided Tuesday in Denton, Texas. The company has contributed $195,000 toward the fight against a move by some city residents and enviro…

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Nation’s Average Gas Prices Fall Below $3

The nation hasn’t seen the average gasoline price below three dollars a gallon since December of 2010, according to AAA Oklahoma. It reached $2.98 over the weekend, leading AAA spokesman Chuck Mai to say, “Motorists across the nation are experiencing …

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Key Energy Reports Increased Quarterly Revenues

Houston-based Key Energy Services has reported third quarter 2014 revenues of $365.8 million, according to an announcement by the company that operates in Oklahoma.
The results for the quarter include a pre-tax charge of $60.8 million, or $0.25 a shar…

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Williams Resuming Production at Louisiana Plant

It’s November and that’s when Williams Partners LP says it will resume manufacture of ethylene at its Louisiana petrochemical plant where 16 months ago, an explosion left two workers dead, 80 others injured and the plant badly damaged. The Tulsa-based…

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Oklahoma’s Oil and Gas Rig Count is on the Increase

The oil and gas rig count in Oklahoma grew by four in the past week to a total of 208, according to the most figures released by Houston-based Baker Hughes. A year ago, Oklahoma’s count was 176 rigs.
Nationally, the rig count was up two to a total of…

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