Author's posts
FERC Approves Major Gas Pipeline Project in Southeast
Tulsa-based Williams Companies is right in the middle of a 685-mile long gas pipeline project for the nation’s Southeast markets that won approval this week from the U.S. Federal Energy Regulatory Commission. The project would also create 339,400 horse…
USGS—-Don’t Blame Fracking for Oklahoma Earthquakes
While many environmentalists and anti-oil and gas industry advocates contend ‘fracking’ has caused Oklahoma’s surge in earthquakes, a recent study by the U.S. Geological Survey says otherwise. However, it points to the hundreds of wastewater or “salt w…
Layoffs Underway at SandRidge Energy?
Oklahoma City-based SandRidge Energy reportedly started making more layoffs on Tuesday as many reports indicate the firm is on the verge of filing for bankruptcy over its $4 billion in debt.
Social media is filled with comments of SandRidge workers wh…
Kingfisher and Stephens Counties Site of Large Producing New Wells
Those $35 a barrel oil prices aren’t stopping production by energy companies in Oklahoma as some are reporting 1,400 a barrel a day wells in the state according to the Completion Reports published on OK Energy Today.
Newfield Exploration of Houston ha…
Bankruptcies Expected to Grow Among Oil and Gas Companies
It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on which c…
Oklahoma and Louisiana Very Much Alike in Dealing with Oil and Gas Downturn Impact
While Oklahoma government leaders grapple with a budget hole of an estimated $1.1 billion, the state of Louisiana has an even bigger budget hole of $1.9 billion. Both states are suffering because of the massive downturn in the oil and gas industry. B…
Bankrtupcies Expected to Grow Among Oil and Gas Companies
It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on which c…
Hamm’s Still Predicting a Rebound of Oil Prices in 2016
Oilman Harold Hamm remains bullish on the oil and gas industry, repeating his prediction that the future still looks bright for the industry and prices will rebound later this year. He first made the prediction earlier in the month during an interview …
Anemic Oil and Gas Rig Count Grows Weaker
With oil prices hovering around the $33 a barrel mark late in the week, the nation’s oil and gas producers are quickly backing off drilling efforts as the nation lost another 18 rigs in the past week, tumbling to a total of 619 still in the fields. Okl…
Lost Jobs Mount in Growing Oil and Gas Downturn
While Oklahoma’s loss in the oil patch figures to be close to 12,000 employees in the past year, in the state of Texas an estimated 288,000 have lost jobs because of what’s happened to energy prices. One report says 72,000 of those are direct losses in…