Author's posts
Oklahoma Gasoline Prices Drop Again
Ponca City has taken over the top place for the most expensive gasoline in the State with a new average of $2.16 a gallon, a penny higher than what motorists in Stillwater are paying. AAA Oklahoma reports this week’s statewide average is $2.05, four cents cheaper than the October high of $2.08 recorded Oct. 8. …
Coalition Challenges New Fracking Rules in Pennsylvania
Another group is challenging hydraulic fracturing operations. This time, the Marcellus Shale Coalition has filed suit over Pennsylvania’s new rules governing the fracking process. The Coalition contends parts of the Chapter 78(a) rules went beyond the scope of the State Department of Environmental Protection’s regulatory authority. They also claim the new rules that took effect …
Another Government Delay for Williams and its Atlantic Sunrise Pipeline
The Federal Energy Regulatory Commission has handed another blow to Williams Partners LP over the Tulsa company’s plans for a $3 billion pipeline to carry natural gas to the eastern part of the country. The Commission announced recently that landowners would have until Nov. 14 to comment on the new route alternatives for parts of Williams’s …
Newfield Talks of Selling Bakken Interests to Finance Expanded Exploration in Oklahoma
Already with a heavy commitment in Oklahoma’s STACK, Houston-based Newfield Exploration is now talking of possibly selling Bakken Shale assets in North Dakota to finance more drilling in northern Oklahoma. At the same time, the company’s chief executive officer, Lee Boothby offers some cautious optimism, suggesting the company needs more exploration time and a …
Bankrupt Chaparral Wins Extensions from Delaware Court
Oklahoma City-based Chaparral Energy has won an extension of its Chapter 11 bankruptcy plan and now will have until January 2017 to finish seeking acceptances from lenders. The U.S. Bankruptcy Court approved the company’s request to extend the period through and including November 9, 2016 and January 9, 2017. The company filed Chapter 11 …
Neese Named Co-Chair of Trump Small Business Advisory Council
Oklahoma City businesswoman Terry Neese has been named a co-chair of Donald Trump’s Small Business Advisory Council to assist with his presidential campaign. The council is meant to advise Trump on small business issues, including those affecting small energy-related companies whether it be in oil and gas or wind. Dr. Neese is founder of Terry …
Bernie Wants Work Stopped on Dakota Access Pipeline
Now Vermont Sen. Bernie Sanders is getting involved in the fight to stop construction of the Dakota Access pipeline, the one that has drawn even Oklahoma Native Americans to North Dakota to protest the line. This time, Sanders joined three other Democratic Senators in asking President Barack Obama to personally intervene and stop the pipeline …
Senator Inhofe’s Energy Bills Included in Clinton Emails Released by WikiLeaks
His efforts over the years in energy measures before the U.S. Senate earned Oklahoma U.S. Sen. Jim Inhofe in those controversial. Hillary Clinton emails released this month by WikiLeaks. A search of the Clinton emails on the WikiLeaks website showed Sen. Inhofe was mentioned 98 separate times. Some involved his stance in support of a South …
Mammoth Energy Goes Public
Oklahoma’s newest publicly traded company is Mammoth Energy Services Inc. as the company finished a $116 million initial public offering. It was the first oil-field services company IPO since August of 2014. Executives were on hand Friday to ring the opening bell at Nasdaq. By later in the day, shares were trading at $14, below …
More Oil and Gas Rigs Reported in Oklahoma and U.S.
Oil and gas drilling rig counts make another dramatic increase nationally and in Oklahoma, increasing by 15 in the past week in the U.S. and going up 3 to reach a total of 73 in Oklahoma. Figures from Baker Hughes Company in Houston, those reflecting services offered by the company show the national rig count …