Oil’s in and gas is temporarily out at Mach Mach Natural Resources LP confirmed it paused some of its deep Anadarko Basin drilling activity and redirected efforts to oil-weighted projects in the Mid-Continent, including a directed effort in Kingfisher County. Details of the program came as the Oklahoma City company announced financial and operating results …
Slipping oil prices Oil prices have plunged on reports that the US and Iran are nearing a peace deal, a development that paid off big for traders that happened to be shorting crude just ahead of the news. Bombs down the smoke stack The U.S. carried out new attacks on Iranian targets Friday, striking several empty …
When Devon Energy and Coterra Energy completed their merger on Thursday, the newly combined company, still called Devon Energy, also announced an $8 billion share buyback program. It was part of a series of capital return actions announced by Devon Energy Corporation. In making the announcement, Devon said the buyback actions reflect the board’s confidence …
OG&E recognizes OKCPS teacher as May Power Educator of the Month F.D. Moon Middle School P.E. teacher honored for dedication to education Students, educators and OG&E representatives gathered at F.D. Moon Middle School to celebrate Ty-Juan Turner, a physical education teacher, as the May OG&E Power Educator of the Month. In recognition of his impact, OG&E awarded Turner a $500 DonorsChoose donation to support resources …
Renewed fighting between the U.S. and Iran on Friday sent crude oil prices jumping upward 3% before easing their climb. U.S. and Iranian forces clashed in the Gulf, and the UAE came under renewed attack as Washington awaited a response from Tehran to its proposal to end the conflict, which began with joint U.S.-Israeli …
With oil prices at $100 a barrel or slightly less, the nation’s rig activity saw a gain of one rig to reach 548 in the past week, according to the latest Baker Hughes Rig Count released on Friday. Oklahoma also saw a gain, adding one rig to reach a total of 44. The count is …
