Oklahoma’s STACK still has some big producers to yield, despite the near total collapse of oil and gas drilling in the state. This week, Houston-based Ovintiv Mid-Continental Inc. filed completion reports on three Canadian County sister wells with combined production of more than 3,600 barrels of oil a day. As OK Energy Today reported …
Environmentalists are celebrating a string of wins that put the brakes on three major pipelines last week, but oil and gas industry insiders and even some green groups say those setbacks have barely made a dent in the sector’s growing web of infrastructure. Despite the high-profile courtroom losses by the Keystone XL and Dakota …
The $5 billion deal made by Chevron to acquire historic Noble Energy, the company that got its start in Ardmore, Oklahoma is still resounding among analysts and speculators. Here are some considerations offered by Bloomberg. Patience is a virtue in M&A, especially in the rocky oil market. Chevron Corp. announced Monday that it …
Oil futures rose higher in Tuesday’s trading as prices reached their highest level since March. A ripple effect was seen in Oklahoma prices as one firm saw its shares increase nearly 11% in value. West Texas Intermediate crude for August delivery was up $1.15 a barrel or 2.8% to settle at $41.96 after gaining …
Some Nebraska legislators are starting a push with environmentalists and others to come up with a climate action plan….one they hope will be approved by the legislature this year. One climate scientist who retired from the University of Nebraska-Lincoln proclaimed, “The implications of this are just incredible for our state–our economy, …
If and when the Dakota Access crude oil pipeline shuts down under orders of a federal court, will it lead to increased transportation of crude by rail? Will environmentalists regret their opposition to the North Dakota pipeline? They are big questions that some are raising, and no doubt environmentalists, who voiced opposition in past …
The Oklahoma Energy Producers Alliance is planning an in-person annual meeting next month in Oklahoma City. The one-day event will be held at the Embassy Suites downtown and begin with welcomes by Dewey F. Bartlett, Jr. who is chairman of the Alliance and David Little, president of the organization. A mid-morning session will be …
While Oklahoma’s jobless rate tumbled from nearly 13% in May to 6.6% last month, the biggest job loss in June was still in—-you guessed it—the oil and gas sector. An estimated 2,100 jobs were lost in June in the Mining and Logging classification used by the Oklahoma Employment Security Commission which released figures this …
Oklahoma City-based Love’s Travel Stops announced that as of July 29, the company will require its customers to wear face coverings or masks because of the COVID-19 pandemic. The decision will apply to every Love’s Travel Stop, Love’s Country Store, Love’s Truck Care and Speedco location across the U.S. The company has 540 stores in …
Amazon’s new Oklahoma City plant is said to be adding another 1,000 workers. It’s what The Oklahoman reported this week. Click here to view the story.
