Denver’s Whiting Petroleum Corporation has emerged from Chapter 11 bankruptcy and announced major guidance changes with a slimmer list of corporate executives and employees. The company reduced its total workforce by 16% and confirmed that more than 90% involved corporate positions, a move that could generate nearly $20 million in cost savings. Whiting also …
Oklahoma U.S. Sen. Jim Inhofe had nothing but praise for the Trump administration’s move to repeal the controversial WOTUS rule created by the Obama administration. But during the same Senate Environment and Public Works Committee hearing this week, one New Mexico official expressed concern about the impact it will have on her state. “It …
The U.S. House has passed a bill to improve science and technology education in rural schools, a bill led by Oklahoma Rep. Frank Lucas. “To succeed in this job market, our students need to be equipped with solid skills in science and engineering,” Lucas said, noting that America’s economic growth depends on a STEM workforce with …
Authorities are investigating the natural gas line explosion and fireball that erupted Wednesday night near Piedmont. No one was injured when the blast happened near Piedmont Road and Waterloo Road and flames reached 100 feet in the air. Logan County, Canadian County, and Kingfisher County Sheriff’s Offices all responded with Piedmont Fire, Cashion …
Completion reports filed on September 16, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian: Oil 403 Gas 603 Water 3898 Pump 5 13N 5W Big Muddie 1305 1-5mh, August 01, 2019 HH, OIL, TD: 12988 ft Lat: 35.63683, Long: -97.76212 API: 35017254350000 CARTER COUNTY Mack Energy Co Deese(3070): Oil 35 Gas 20 Water 195 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 10-3-i, July …
Permits to drill issued for September 16, 2020. Caddo County FLEET ADMIRAL 21-16-10-11 #1HXL, September 16 2020 21 10N 11W NWSESWSW API: 01523316 Lat: 35.32105438295277, Long: -98.37392338172637 LYNX OKLAHOMA OPERATING LLC MU, DR, 17183 ft, HOXBAR(8871) Canadian County SNYDER #6-19-18 1409MHX, January 25 2019 19 14N 9W SESESWSW API: 01725380 Lat: 35.66789311952705, Long: -98.20287521947067 TRIUMPH ENERGY PARTNERS …
Whether it was nervousness over the impact of Hurricane Sally or the jump in oil prices, shares in Oklahoma related energy companies improved in Wednesday’s trading. Some saw increases of up to 7%. Alliance Resource Partners dropped 4 cents or 1.22% to $3.23 while Blueknight Energy Partners gained 3 cents for a 2% increase to …
Oil futures rallied on Wednesday, with U.S. prices ending above $40 a barrel after U.S. government data that showed an unexpectedly large weekly drop in U.S. crude inventories, while production curtailments in the Gulf of Mexico caused by Hurricane Sally worsened. West Texas Intermediate crude for October delivery rose $1.88, or 4.9%, to settle at …
Oklahoma Corporation Commissioners will hold another virtual meeting Thursday because of the ongoing COVID-19 pandemic. The pandemic has led Commissioner Bob Anthony to call for a discussion and consideration of new aspects of whether the Commission’s headquarters should be opened for “in-person” hearings. His posting for the meeting called to “determine the extent to …
Oklahoma City-based Devon Energy announced a quarterly cash dividend on its common stock for the fourth quarter of 2020. The company’s board of directors approved a dividend of 11 cents a share, same as the third quarter and will be payable on Dec. 30, 2020, based on a record date of Dec. 11, 2020. …
