Chevron Corporation is fighting a court ruling that says the federal government was not liable for cleanup costs at a northern New Mexico Superfund site that once was a mine site operated by the company but owned by the U.S. government. It took its cas…
January 2016 archive
WTI Sinks Below $27 a Barrel Mark on Wednesday
Oil continues its slide as glut worries persist on Wednesday. On its final day as the front month contract on the New York Mercantile Exchange, February West Texas Intermediate crude lost $1.91 to settle at $26.55 a barrel. The March WTI contract will …
Oklahoma Paying the Lowest Prices at the Pump
Oklahoma drivers are paying the lowest gasoline prices in the country according to AAA-Oklahoma. The statewide average is $1.576 a gallon. Missouri is the next lowest at $1.60.
“Crude oil’s in a free fall amid plentiful supplies, increased exports fro…
Google to Buy Power From Future Beaver County Wind Farm
Beaver County will play home to a wind farm which helps powers Google. Renewable Energy Systems (RES) announced Wednesday it had sole the Bluestem Wind Project to Exelon Generation.
RES developed the project and is the contractor for its engineering, …
Blueknight Energy Partners Declares Distribution
Blueknight Energy Partners announced Wednesday that its Board of Directors declared a quarterly cash distribution of .1450 cents per common unit. It is an increase of 6.2 percent over the fourth quarter 2014 distribution.
The Board also declared a dis…
Completion Reports January 21 2016
00118_Completion_Reports_January_21_2016.htm
Permits to Drill January 21 2015
00117_Permits_to_Drill_January_21_2016.htm
Devon Energy to Start Layoffs Amidst Downturn in Prices
Devon Energy has become another major energy company in Oklahoma to blink in the midst of the oil price downturn. The Oklahoma City based company confirmed Wednesday it is preparing to make layoffs over the next few months, calling it a “necessary part…
SandRidge Agrees to New Reduction of Injection Wells in Northern Oklahoma
The Oklahoma Corporation Commission announced Wednesday that SandRidge Energy has agreed to a plan to reduce the volume of wastewater being injected in the Medford and Cherokee/Byron areas and convert some wells from disposal to research operations. Th…
Chesapeake Settles More Lawsuits over Texas Leases
Oklahoma City-based Chesapeake Energy has started settling some of the so-called “high value” lawsuits filed against it in Texas where it was accused of miscalculating millions of dollars in royalty payments from gas wells on their property, according …