Houston Company Files Reports on 26 completed Wells in Kingfisher county

When it rains, it pours.  Unless you live in northwest Oklahoma. But checking and reviewing the latest oil and gas permits from the Corporation Commission, Houston-based Oklahoma Energy Acquisitions filed 26 completion reports for Kingfisher County. A review of the reports indicated production of the STACK wells ranged from a high of 656 barrels of …

Continue reading »

California Oil Company Hit with $12.5 million Fine

A record $12.5 million fine for nearly 1,500 violations has been leveled against an oil company in California. Greka Oil and Gas, a Santa Maria-based company with a long history of safety violations and regulatory lapses was fined in part for lying in more than 350 reports. It also failed to conduct regular pressure testing …

Continue reading »

Anadarko Petroleum Reopens Half of its Closed Wells in Colorado

Colorado’s biggest oil and gas operator, Anadarko Petroleum Corp. says it has returned nearly half of its vertical wells in the state to operation following a deadly natural gas explosion in thee Denver suburb of Firestone. Immediately after the blast that killed two men and injured a woman, Anadarko shut down all of its wells …

Continue reading »

Lankford Says Pruitt’s EPA Job Depends on Ethics Probes and President Trump

Oklahoma U.S. Sen. James Lankford sounds like he supports Scott Pruitt at the Environmental Protection Agency. But in an interview with OK Energy Today, the Senator also made it clear it’ll be up to President Trump and the outcome of two major ethics probes into Pruitt. “I don’t see Scott moving positions within the administration, …

Continue reading »

Chesapeake Makes Proposed Senior Note Exchange Official

Oklahoma City’s Chesapeake Energy has gone ahead and made official its proposed offer to exchange nearly $3 billion in Senior Notes due in the coming years. In an April 11 filing with the Securities and Exchange Commission, the energy company put a 5 p.m. New York City time on its May 9 deadline for the …

Continue reading »

Annual Meeting for Williams Cos. to be Held May 10

The Williams Cos. Inc. is planning its annual shareholders meeting on May 10 in Tulsa. In a proxy statement filed with the Securities and Exchange Commission, the company stated the meeting will include the election of 10 director nominees. “We are not aware of any matter to be presented at the annual meeting that is …

Continue reading »

Checklist for Scott Pruitt’s Scandals

Anyone who tries to follow the political controversies that keep growing around EPA Administrator Scott Pruitt needs a scorecard. From his exorbitant travel expenses to the secure phone booth for his office to the room  he rented from an Oklahoma energy lobbyist, it’s fuel for his critics. Consider how Politico’s Morning Energy Report laid out …

Continue reading »

Watchdog Not Giving Up—-Files 2nd Suit Against AG Hunter

Even though Oklahoma Attorney General Mike Hunter has released the Tar Creek Superfund site he previously claimed was not a public record, it isn’t enough for the Washington D.C. based Campaign for Accountability. The watchdog group filed yet another lawsuit against Hunter in Oklahoma County District Court, the same court where it sued him last …

Continue reading »

Oil and Gas Groups Didn’t Like the Tax Hikes—-Moody’s Did

The tax hikes fought by the oil and gas and wind groups in Oklahoma did one thing—they evoked what State Treasurer Ken Miller called “positive words” from Moody’s Investors Service. One of the big three bond rating agencies, Moody’s said this week, “Oklahoma overcomes political gridlock and passes revenue bill for first time in decades, …

Continue reading »

The Latest Permian Basin Sale Totaled $1.75 billion in cash

A week doesn’t go by when another big sale is announced about holdings in the Permian Basin. This week’s is a $1.75 billion cash deal in which Brazos Midstream Holdings LLC of Fort Worth and its financial sponsor Old Ironsides Energy have entered into an agreement to sell their Delaware Basin subsidiary companies to North …

Continue reading »