March 29, 2016 archive

Williams Layoffs Begin in Tulsa and Oklahoma City

Tulsa-based Williams Cos. Inc. and Williams Partners LP began layoffs in Tulsa and Oklahoma City on Tuesday as previously announced in mid-March. At that time, Williams CEO Alan Armstrong said that layoffs would affect 10 percent of the company’s 6,700…

Continue reading »

WTI, Brent Crude Futures Slip Below $40 A Barrel

Oil futures fell for a fifth straight session on Tuesday to settle at their lowest level in two weeks, as traders braced for industry reports that are likely to show another increase in U.S. crude supplies, according to Bloomberg Marketwatch.
Prices s…

Continue reading »

Completion Reports March 30, 2016

01045_Completion_Reports_March_30-_2016.htm
   

Continue reading »

Permits to Drill March 30, 2016

01043_Permits_to_Drill_March_30-_2016.htm
   

Continue reading »

Oklahoma Energy Index Falls for 13th Consecutive Month

The contraction of the Oklahoma Energy Index continues, and it is Oklahoma?s rural communities that have faced the greatest economic hardship.
The Oklahoma Energy Index contracted for the 13th consecutive month in January, leaving activity in t…

Continue reading »

Oklahoma Energy Index Falls for 13th Consecutive Month

The contraction of the Oklahoma Energy Index continues, and it is Oklahoma?s rural communities that have faced the greatest economic hardship.
The Oklahoma Energy Index contracted for the 13th consecutive month in January, leaving activity in the sta…

Continue reading »

Gasoline Prices Dip Slightly in Oklahoma

Oklahoma gasoline prices have dipped slightly in the past week, reaching a statewide average of $1.86 a gallon, about 1.2 cents below the price of late last week, according to AAA Oklahoma.
The new average is 52 cents higher than the price on Feb. 13,…

Continue reading »

SOER Starts Survey of Marginal Oil Producers hit by Low Prices

Low petroleum prices continue to pummel producers all across Oklahoma hard. Among the hardest hit are the small and marginal producers who don?t have very deep pockets when it comes to weathering the low-price storm. Many of those producers are…

Continue reading »

SOER Starts Survey of Marginal Oil Producers hit by Low Prices

Low petroleum prices continue to pummel producers all across Oklahoma hard. Among the hardest hit are the small and marginal producers who don?t have very deep pockets when it comes to weathering the low-price storm. Many of those producers are seein…

Continue reading »

Trump Would use Oil as a Weapon to Get Saudis to Fight ISIS

Presidential hopeful Donald Trump is making waves as he talks oil and proposes a freeze on buying oil from Saudi Arabia unless the Saudis send in troops in the fight against ISIS, according to the New York Times.
His call came in a recent interview wi…

Continue reading »