A new report suggests some of the older oil wells in the Permian Basin of West Texas and New Mexico might be drying up faster than some thought would happen. The study by Wood Mackenzie Ltd. showed some maturing wells in parts of the Permian’s Wolfcamp shale lost nearly 15 percent of output annual five …
Chesapeake Energy finds itself in a continuing lawsuit over wages in a South Texas federal court. U.S. District Judge Royce C. Lamberth in San Antonio is allowing two former Chesapeake workers push ahead with their suit even though they failed to respond to a legal motion by Chesapeake. Chad Burns and David Torres convinced the …
ONEOK will release third-quarter 2018 earnings after the market closes on Oct. 30, 2018. ONEOK’s executive management will participate in a conference call the following day at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) on Oct. 31, 2018. The call also will be carried live on ONEOK’s website.
Iowa corn farmers get their wish from President Trump. As a result, E15 will be available year-round at gas pumps in Oklahoma and the rest of the country. He has ordered the acting EPA administrator Andrew Wheeler to begin lifting the summertime ban on the sale of E15, the gasoline-biofuel blend. The President carried the …
A new map has been released displaying wind farm development across the U.S. The U.S. Wind Turbine Database is a continuously updated data portal of U.S. wind turbine locations and characteristics. Wind farms across Oklahoma, Texas and other states are easily displayed as a result of the map developed through a partnership of the U.S. …
The flooding of the past several days along with tornadoes that left damage in the central and northeast parts of the state prompted Gov. Mary Fallin on Tuesday to declare a state of emergency in all 77 counties. The storm system has delivered widespread heavy rain and high winds across much of the state since …
A new report indicates the demand for jet fuel is growing worldwide—thanks to low oil prices, a fast-growing and expanding middle class in Asia and booming freight markets. It’s not just at airports in Oklahoma City, Tulsa and around the Midwest. But there is a potential risk of a greater penetration of sustainable aviation fuels …
Tulsa’s Williams company plans to announce its third quarter 2018 financial results later in the month. The release will be made after the close of markets on Wednesday, Oct. 31, 2018. An earnings conference call and webcast with analysts and investors will be held the following day, Nov. 1 at 8:30 a.m. Central Time. …
Yup! Another earthquake in northern Oklahoma. Not one but two more. A 3.1 magnitude earthquake was recorded at 5:24 a.m. on Wednesday. The U.S. Geological Survey put the epicenter near the community of Hibsaw which is about 16 miles northeast of Luther. Its depth was at 3 miles. A 2.9 magnitude quake was recorded …
Permits to drill issued on Oct. 9, 2018. Canadian County MARGARET 32-12-6 #2H, October 09 2018 29 12N 6W SESWSESE API: 01725283 Lat: 35.479671853455095, Long: -97.8512906229444 JONES ENERGY LLC HH, DR, 13927 ft, MISSISSIPPIAN(9127) Dewey County KARMIN #1-22-15XHW, January 11 2018 22 16N 15W NESWSWSW API: 04323587 Lat: 35.84218804903509, Long: -98.79021033767674 CONTINENTAL RESOURCES INC HH, AM, 23233 …
