February 18, 2026 archive

Ovintiv is leaving Oklahoma’s Anadarko Basin with $3 billion sale of assets

  Ovintiv Inc. is bailing out of Oklahoma’s Anadarko Basin. The Denver, Colorado-based company announced the sale of its Oklahoma assets for $3 billion to an undisclosed buyer. The sale included approximately 360,000 net acres which, according to the announcement, “represents substantially all of the company’s acreage in the play. Hours after the announcement, Ovintiv …

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Final Supreme Court filing made by legislators challenging billions in winter storm fuel costs

On the fifth anniversary of February 2021’s Winter Storm “Uri,” appeals challenging more than $1.4 billion in bonds and $377 million in rate increases impacting the customers of electric utility companies OG&E and Public Service Company of Oklahoma (PSO) are now in the hands of the Oklahoma Supreme Court. Tuesday, Reps. Tom Gann, R-Inola, Kevin …

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