Author's posts
Packed Hearing on Earthquakes and Injection Wells
So many Oklahomans attended Friday’s state capitol earthquake hearing that it had to be moved from a meeting room to the House chambers. Representative Richard Morrissette’s hearing provided an avenue for angry Oklahomans to ask questions and demand an…
South of the Border for Aubrey McClendon’s OKC Company
Oklahoma City-based American Energy Partners, LP has reached out and signed an exploration agreement with YPF, an energy firm considered to be the main oil producer in Argentina. Under the agreement signed by Aubrey K. McClendon of American Energy and …
Merger turns Shaky for Williams Cos. and Energy Transfer
Reports are growing of the possibility that the $40 billion merger of Energy Transfer Equity LP and Tulsa-based Williams Cos. might be called off because their stock has taken a huge fall.
The deal was announced last September and was expected to be c…
Hamm’s Prediction—-$60 Oil by End of the Year
Sixty dollar oil by the end of the year? It’s what Oklahoma oilman Harold Hamm, chairman of Continental Resources has predicted in an interview with the Wall Street Journal. He made his prediction on Wednesday as oil prices fell below $30 a barrel, th…
Comparing Oil Eras
The last time oil prices dropped below $30 a barrel was years ago. And the last time oil was in the 20s was Dec. 1, 2003 when gasoline was being pumped for what was then a record amount of $1.52 a gallon.
U.S. oil production at the time was 5.7 millio…
State Orders More Injection Well Reductions in Northwest Oklahoma
More reductions in the operations of northern Oklahoma wastewater injection wells were announced Wednesday by the Oklahoma Corporation Commission as it takes steps to attempt to reduce the surge in strong earthquakes.
The latest plan affects 27 Arbuck…
Latest Earthquake Damage Lawsuit Filed in Logan County
A second lawsuit has been filed this week over earthquake damage in central Oklahoma. The suit was filed in Logan County District Court by Lisa Griggs and April Marler and is asking a judge to allow it to be a class-action lawsuit against Devon Energy,…
State’s Gasoline Prices Keep Dropping
As oil prices fell to their lowest levels in eight years this week, gasoline prices continued their downward spiral in Oklahoma as the state reached a new average of $1.69 a gallon, the second cheapest gasoline in the nation according to AAA Oklahoma’s…
Earthquake Townhall in Edmond
Representative Richard Morrissette (D-OKC) won’t be the only legislator holding a town hall meeting this week regarding the earthquake challenge and its ties to the state’s oil and gas industry.
Rep. Lewis Moore, (R-Edmond) will hold a townhall meetin…
Jones Energy Announces Exchange Offer on Senior Notes
Austin, Texas-based Jones Energy Holdings, LLC and Jones Energy Finance Corp. have announced an offer to exchange any and all of their $250,000,000 outstanding principal amount of 9.25 percent Senior Notes due 2023 for an equal amount of new 9.25 perce…
