Texas based Halliburton, like many energy companies is reporting a drop in revenues in its latest quarterly information. The $4.2 billion in revenue for the first quarter of 2016 is a 17 percent decline compared to a 21 percent drop in the worldwide rig count. In releasing its figures, the company blamed “disruptive market conditions” …
Secretary of State John Kerry’s signing of the Paris international climate agreement this past weekend prompted Oklahoma U.S. Sen. Jim Inhofe to call it an agreement that President Obama cannot deliver his commitments. “His so-called Clean Power Plan, the centerpiece of his efforts, has been rejected by a bipartisan majority in Congress and lacks support …
The nation’s oil and gas rig count declined by another 9 in the past week while the count in Oklahoma and many surround energy-producing states remained unchanged. The national count fell to 431 with 8 fewer oil rigs and one less gas rig. The oil count fell to 343 while the gas rig count slipped …
The University of Oklahoma College of Law will offer a new Master of Legal Studies degree in oil, gas and energy law beginning in the fall of 2016. The program is designed for non-lawyers. The program is a 32-credit-hour graduate degree that can be completed in 15 months. Of the 32 credit hours, 28 …
A solar-powered airplane on an around-the-world journey has reached the halfway point as it travels from Hawaii to California. The Solar Impulse 2 aircraft is operating with pilot Bertrand Piccard at the controls. Piccard took a few minutes Friday to exchange pleasantries with the United Nations secretary general as he flew high above the Pacific …
Halliburton Co. said Friday that it cut more than 6,000 jobs in the first quarter, continuing a purge at the oilfield services company that has reduced its workforce by one third since late 2014. The company revenue in the first quarter fell to $4.2 billion, a 40 percent decline from the first quarter of 2015. …
ALFALFA COUNTY Chesapeake Operating Llc 16 26N 11W Patti 16-26-11 1h, April 06, 2016 HH, TA, TD: 10590 ft Lat: 36.72533, Long: -98.38963 API: 35003231240000 DEWEY COUNTY Devon Energy Production Co Lp Mississippian Solid(10441): Oil 193 Gas 2191 Water 1081 Pump 21 19N 16W Linnia 21-19n-16w 1h, March 22, 2016 HH, OIL, TD: 15834 ft …
Canadian County APRES VOUS 24_13-14N-8W #1HX, April 21 2016 24 14N 8W SWSWSWSW API: 01724900 Lat: 35.668257577907944, Long: -98.01165371797006 DEVON ENERGY PRODUCTION CO LP HH, DR, 19545 ft, MISS’AN (EX CHESTER)(9270), HUNTON(9959) Carter County WILLIAMS #154, April 22 2016 04 2S 2W SENWSWSW API: 01926215 Lat: 34.40746363357864, Long: -97.42066809392178 KODIAK OIL & GAS INC SH, …
Oil futures finished lower Thursday, pulling back after posting healthy gains over the past two sessions and reaching their highest levels of the year, according to Bloomberg MarketWatch. Traders weighed mixed fundamental influences for the market, with support from separate data showing China’s oil imports jumped last month and U.S. crude production fell last week, …
Tulsa-based NGL Energy Partners LP announced on Wednesday several strategic actions along with updated guidance, according to a company press release. The company disclosed a $200 million private placement of 10.75% Class A Convertible Preferred Units and formation of a strategic relationship with funds managed by Oaktree Capital Management L.P. “I believe this is a very positive …
