Oklahoma City-based SandRidge Energy Inc. finds itself in a legal battle with a geologic information company that filed Chapter 11 bankruptcy in the federal courts in Houston, Texas. It’s a case of one bankrupt company doing battle with another bankrupt company over a contract. WesternGeco LLC is asking a bankruptcy judge to allow the firm …
Writing in the U.S. News and World Report recently, Oklahoma U.S. Sen. Jim Inhofe and three others boasted of a new nuclear renaissance, stating that the “future of nuclear energy in the U.S. is bright.” Inhofe was joined by Democratic Sen. Sheldon Whitehouse of Rhode Island, Republican Sen. Mike Crapo of Idaho and Sen. Cory …
Oklahoma gasoline prices are down to a new statewide average of $2.02 a gallon, a drop of nearly 5 cents in the past week, according to AAA Oklahoma. It means Oklahoma has some of the cheapest gasoline in the country. Nationally, prices are at their lowest mark for the date since 2004, coming in …
As energy companies struggle in Oklahoma, a survey by the National Federation of Independent Business shows only a slight increase in business optimism across the state and the country. A “negligible increase showing no real enthusiasm for making capital outlays, increasing inventories or expanding,” is how the NFIB’s Small Business Optimism Index put it. The …
Oil futures eroded on Monday upon news that OPEC production has reached its highest peak since August 2008, according to a Bloomberg MarketWatch report. S&P Global Platts indicated that OPEC’s June output surged by nearly 300,000 barrels a day from the previous month, sparking widespread concern that global output will continue to disrupt oil futures …
Canadian County GATZ #1H-3019X, June 10 2016 30 11N 7W SWSESESE API: 01724898 Lat: 35.39213949012575, Long: -97.97474749950831 CIMAREX ENERGY CO HH, AM, 21111 ft, MISSISSIPPIAN(10010), WOODFORD(10860), HUNTON(11000) Carter County WHEELER #157, July 11 2016 04 2S 2W SWSESWSW API: 01926224 Lat: 34.40565013841379, Long: -97.41957414888559 KODIAK OIL & GAS INC SH, DR, 2000 ft, DEESE(1600) Carter …
The feds are investigating a wind farm operation near Pratt, Kansas where two workplace incidents have occurred in recent weeks including one where a worker fell 120 feet from a turbine and survived. The Occupational Safety and Health Administration has started a probe at the Ninnescah Wind Farm in south central Kansas’ Pratt county. The …
Oil and gas company bankruptcies as of June 30, 2016 have reached more than $61 billion in debt, according to an update from the bankruptcy law firm of Haynes and Boones in Texas and its Oil Patch Bankruptcy Monitor. The count still stands at 85 bankrupt North American oil and gas producers since early 2015 and …
Big mea culpas are coming from some scientists after admitting they made major mistakes, especially in the case of an Oregon State University researcher who claimed to have found environmentally harmful effects from fracking. Retraction Watch, a group devoted to such scientific mistakes is reporting major retractions on the part of the authors of two …
The Nuclear Regulatory Commission will meet with various stakeholders on Tuesday, July 26 in order to hear public comments and perspectives on the NRC’s regulatory activities, according to a press release issued on Monday. The 9 a.m. meeting will occur at the NRC Auditorium located at 11555 Rockville Pike, Rockville, Maryland. The meeting will be …
