January 18, 2016 archive

Brent Prices Continue Slide on Monday

While the U.S. markets took a break for Martin Luther King, Jr. Day, the London markets kept trading. March Brent crude lost 13 cents on Monday to settle at $28.81 a barrel on the London ICE Futures Exchange.
News of Iranian oil sanctions being liftin…

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Enable Midstream Partners Fills CFO Spot from Within

Enable Midstream Partners turns to one of its own to fill the empty Chief Financial Officer position. The Board of Directors announced Monday it had named John Laws as Executive Vice President, CFO, and Treasurer. Laws has worked for Enable since 2010….

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SandRidge Money Problems Go Beyond Oklahoma

With more than $3 billion debt, Oklahoma City-based SandRidge Energy is not only battling Oklahoma regulators in the fight over saltwater injection wells but tumbling oil prices and the impact on the viability of the company. Its cutback in oil a…

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SandRidge Money Problems Go Beyond Oklahoma

With more than $3 billion debt, Oklahoma City-based SandRidge Energy is not only battling Oklahoma regulators in the fight over saltwater injection wells but tumbling oil prices and the impact on the viability of the company. Its cutback in oil and gas…

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Environment Committee to Consider Markups

Here is what members of the U.S. Senate Environment and Public Works Committee members will be working on this week. Senator Jim Inhofe is chairman of the committee that will meet Wednesday to consider the Bipartisan Sporstmen’s Act of 2015 or S. 659….

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Tulsa Businesswoman Named to State Turnpike Authority

The newest member of the Oklahoma Turnpike Authority is Dana Weber of Tulsa, named recently by Governor Mary Fallin to replace Kevin Hem who resigned in November 2015.
Weber will begin serving immediately on the Authority. She is president and chief e…

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More Oil Wells—More Wastewater in Alfalfa County

The northern Oklahoma region where earthquakes have become a daily part of the routine is seeing more and more oil and gas wells completed and made operational.
A check of the well completion reports published on OK Energy Today showed four more…

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More Oil Wells—More Wastewater in Alfalfa County

The northern Oklahoma region where earthquakes have become a daily part of the routine is seeing more and more oil and gas wells completed and made operational.
A check of the well completion reports published on OK Energy Today showed four more wells…

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Crude Tumbles as Sanctions Against Iran are Lifted

Just what the oil and gas industry in Oklahoma didn’t need—the huge release of Iran’s oil reserves on the world market. The lifting of U.S. sanctions over the weekend as part of the Obama administration’s nuclear deal with Iran immediately prom…

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Crude Tumbles as Sanctions Against Iran are Lifted

Just what the oil and gas industry in Oklahoma didn’t need—the huge release of Iran’s oil reserves on the world market. The lifting of U.S. sanctions over the weekend as part of the Obama administration’s nuclear deal with Iran immediately prompted o…

Continue reading »