2016 archive

Harold Hamm Not Ready to Say Who He’ll Support in GOP Presidential Race

Don’t expect Oklahoma billionaire oilman Harold Hamm to spill the beans about who he’s supporting in the Presidential campaign. As Politico’s Morning Energy Report revealed Thursday, Hamm, the chairman and founder of Continental Resources based in Okl…

Continue reading »

Legislators Still Rewriting Pipeline Eminent Domain Bill

When the Oklahoma House Judiciary Committee passed Rep. Lee Denney’s pipeline eminent domain bill this week, it wasn’t exactly smooth sailing for the Cushing Republican. She explained it was a short and simple bill giving more protection to landowners …

Continue reading »

Beltway Out of Touch Over Lost Energy Jobs?

As layoffs in Oklahoma’s energy sector grow weekly, is the story being heard in Washington D.C.’s Beltway? U.S. Senator James Lankford says it is among those like him who represent oil and natural gas states.
“I would disagree with those affect…

Continue reading »

Beltway Out of Touch Over Lost Energy Jobs?

As layoffs in Oklahoma’s energy sector grow weekly, is the story being heard in Washington D.C.’s Beltway? U.S. Senator James Lankford says it is among those like him who represent oil and natural gas states.
“I would disagree with those affected by …

Continue reading »

WTI Slips Below $28 a Barrel on Wednesday

Despite a dip in crude supplies, West Texas Intermediate crude dropped below $28 while Brent managed to make gains Wednesday. March WTI lost 49 cents to end trade at $27.45 a barrel on the New York Mercantile Exchange. April Brent crude added 52 cents …

Continue reading »

Continental Resources Proved Reserves Dip in 2015

Continental Resources reported Wednesday it has proved reserves of 1.23 billion barrels of oil equivalent (Boe) as of the end of the year. That compares to 1.35 billion Boe at the end of 2014. The 2015 year end reserves were 57 percent crude oil, 87 pe…

Continue reading »

NGL Energy Partners Reports Quarterly Profit

NGL Energy Partners reported its fiscal third quarter net income of $29.6 million dollars compared to a net loss of $5.3 million for the same period the previous year. Adjusted EBITDA did slow for the Tulsa based company. For the fiscal third quarter, …

Continue reading »

Completion Reports February 11 2016

00018_Completion_Reports_February_11_2016.htm
   

Continue reading »

WPX Energy to Close Oklahoma City Office, 60 Jobs Eliminated

NewsOK.com and the Tulsa World report WPX Energy is closings its Oklahoma City office. It means 60 employees will soon not have jobs. Thirty-three workers are relocating to the Tulsa headquarters while two others have been offered a position in the Car…

Continue reading »

Permits to Drill February 11 2016

00014_Permits_to_Drill_February_11_2016.htm
   

Continue reading »