February 2016 archive

Earnings Reports Coming this Week from Three Oklahoma Energy Companies

A big week for three Oklahoma based energy companies as we learn more about their financial status during this prolonged oil and gas downturn. Devon Energy, Seventy Seven Energy Inc. and Williams Cos. will release their fourth quarter and full-ye…

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Earnings Reports Coming this Week from Three Oklahoma Energy Companies

A big week for three Oklahoma based energy companies as we learn more about their financial status during this prolonged oil and gas downturn. Devon Energy, Seventy Seven Energy Inc. and Williams Cos. will release their fourth quarter and full-year 201…

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Big Jump for Crude on Friday

Another signal from an OPEC producer sends crude prices skyrocketing on Friday. March West Texas Intermediate crude jumped $3.23 to end trade at $29.44 a barrel on the New York Mercantile Exchange. April Brent crude added $3.30 a barrel to settle at $3…

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Oklahoma Corporation Commission Unveils Wide Area Disposal Well Plan After 5.1 Quake

In response to the 5.1 magnitude earthquake striking Oklahoma on Saturday, the Oklahoma Corporation Commission released a statement over the weekend signaling the agency was implementing a wide area response. According to the release, the Commission’s …

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Permits to drill Feb. 15, 2016

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Completion reports Feb. 15, 2016

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5.1 magnitude Quake Strikes Near Fairview

One of the strongest earthquakes in more than a few years in Oklahoma struck Saturday morning in Major County. It measured 5.1 magnitude and according to the U.S. Geological Survey struck at 11:07 a.m. and its epicenter was located 17 miles northwest …

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Oklahoma and U.S. Rig Counts Drop Again

Another dismal week has been reported of the rig counts in Oklahoma and the U.S. as both suffered losses—four for Oklahoma and 30 nationally according to the latest data from Baker Hughes Corporation in Houston, Texas.
Oklahoma dropped by four more …

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Devon Leaders Sell Off Thousands in Shares while Values Drop

With what some analysts described as a “deteriorating net income” at Oklahoma City-based Devon Energy, several of the firm’s top executives, including President and CEO David Hager sold off shares this week, according to filings with the Securiti…

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Devon Leaders Sell Off Thousands in Shares while Values Drop

With what some analysts described as a “deteriorating net income” at Oklahoma City-based Devon Energy, several of the firm’s top executives, including President and CEO David Hager sold off shares this week, according to filings with the Securities and…

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