The $28 billion dollar merger between Halliburton and Baker Hughes, both headquartered in Houston was cancelled Sunday. The Securities and Exchange Commission was notified early Monday by the two companies after the Justice Department filed a civil complaint April 6 to stop the merger, claiming it would create a company so large that it would …
Even as early Sunday-morning earthquakes rattled southern Kansas and parts of northern Oklahoma, scientists with the U.S. Geological Survey indicated they believe there will be fewer earthquakes in the region due to steps taken to curtail wastewater injection well use in both states. The prediction comes form Justin Rubinstein, a seismologist and deputy chief …
A discovery by scientists now blames North Dakota’s Bakken Shale formation for contribution 2 percent of the entire world’s ethane output. The formation, which also stretches into parts of Montana is being blamed, according to some reports for reversing a decades-long decline in global ethane emissions, according to a recent report in the Washington …
Oil futures finished Friday with a modest loss following news of a monthly climb in production from OPEC but ended April with a monthly gain of nearly 20%, according to Bloomberg MarketWatch. The ride wasn’t a smooth one and volatility will likely prevail in the weeks to come as traders navigate conflicting clues on the …
Grady County HUFFMAN #2H-30-19, April 29 2016 30 10N 5W NESWSESW API: 05124036 Lat: 35.30695629690792, Long: -97.77042180594574 CITIZEN ENERGY II LLC HH, DR, 20200 ft, MISSISSIPPIAN(9650) Kingfisher County CHICKEN YARD 32-15N-7W #1H, April 29 2016 32 15N 7W SESESESE API: 07325286 Lat: 35.726408370158644, Long: -97.9598172424961 DEVON ENERGY PRODUCTION CO LP HH, DR, 13507 ft, MISS’AN …
Both the U.S. and Oklahoma rig counts suffered losses in the past week, according to the latest data released by Baker Hughes Company of Houston. Oklahoma suffered a loss of three more rigs, reaching a total count of 60 working oil and gas rigs. Nationally, the count dropped by eleven, reaching a …
State Transportation Commissioners will meet Monday to consider the single largest contract in the history of the Oklahoma Department of Transportation. Commissioners are expected to vote on approval of an $81 million contract with possible financial incentives for the project to reconstruct and widen I-235 and replace the NW 50th Street and BNSF railroad …
Tulsa Federal Judge Gregory Frizzell has tossed a legal challenge filed against the merger of the Williams Companies, Inc. and Energy Transfer Equity of Dallas, Texas. The judge ruled against John Bumgarner, a Williams company retiree who was a senior vice president of planning and development for the company. He contended that statements made at the …
While it’s become routine in Oklahoma to wonder about the connection between earthquakes and fracking sites, Pennsylvania has launched an investigation into a recent similar occurrence. The quakes that occurred around a fracking site in western Pennsylvania measured only 1.9 magnitude. But now the Pennsylvania Department of environmental Protection has started an investigation to …
One of those critical of the Oklahoma Corporation Commission’s decision to allow OG&E install a $500,000 scrubber at its coal-fired power plant at Red Rock is Rep. Richard Morrissette. The Oklahoma City Democrat is also a candidate for Corporation Commissioner Dana Murphy’s seat and called the recent Commission vote a “catastrophe.” “For this state and …
