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Panhandle Oil and Gas CEO Coffman to Retire
Michael C. Coffman, 63, President and Chief Executive Officer of Panhandle Oil and Gas Inc. in Oklahoma City, has announced his retirement effective December 31, 2016. Panhandle’s board of directors intends to follow its succession plan and name Paul F…
Williams to Begin Pipeline Expansion for Florida Customers
Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed and ope…
Energy Firms Resort to Improved Technology in Seeking Oil
With oil prices making only a slight rebound in the past week and energy companies have idled rigs and made layoffs into the tens of thousands nationwide, some of those same companies are looking at improvements in their fracking technology.
As Reuter…
Williams to Bgin Pipeline Expansion for Florida Customers
Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed and ope…
US Rig Count Falls to Lowest Record Since 1949
The number of active oil and natural gas rigs in the U.S. has plunged to the lowest level on record going back to 1949, according to a Baker Hughes report released on Friday.
The data revealed that the total dropped to a new record this week as the oi…
Oil, Natural Gas Futures End Week on High Note
Oil futures settled higher on Friday as U.S. prices scored a gain of more than 7% for the week, after the International Energy Agency said prices might have bottomed on expectations that falling supplies will help alleviate the global glut of crude. Cr…
Bid-Rigging Lawsuit Modified Against Chesapeake, SandRidge and Tom Ward
One week after filing a class-action lawsuit alleging bid-rigging against Chesapeake Energy, SandRidge Energy and former SandRidge CEO Tom Ward, attorneys for an Alfalfa County landowner have already amended the lawsuit in the Western District of the U…
Blaine County Produces Two More Big Wells
Oil prices remain anemic and oil storage continues at a record pace at the Cushing tank farm, but oil production continues in Oklahoma with a few more big wells in recent weeks.
As noted on OK Energy Today’s Completion reports, Blaine County is site …
Another Record Capacity for Oil at Cushing Tank Farm
Crude inventories just keep growing at the Cushing tank farm where a record high total of nearly 67 million barrels was reached this week, according to the U.S. Energy Information Administration.
The total was 66,946,000 barrels of oil for the week en…
Bakken Oil Pipeline Wins Last Permit from State of Iowa
The state of Iowa has given the final go-ahead for a new Bakken oil pipeline that will move oil from North Dakota to Illinois. The Iowa Utilities board voted recently to issue the last state permit needed for the Dakota Access oil pipeline being built …
