Tulsa-based Williams announced Tuesday that its board of directors approved a regular dividend of $0.20 per share on the company’s common stock. The dividend is payable on December 27, 2016 to shareholders of record on December 9, 2016. Williams has paid a common stock dividend every quarter since 1974.
Category: Oil & Gas
Western Oklahoma Seeing New Wells
Just some observations about recent completion and permits to drill reports as shown on the well reports of OK Energy Today. While Oklahoma’s STACK play has been getting the press and the big wells, western Oklahoma manages to produce some wells of its own, although nothing in comparison to the STACK wells. Denver-based Fourpoint Energy …
WTI, Brent Crude Post Higher Settlements on Monday, Despite Prices Below $50 a Barrel
Crude oil futures climbed to a three-week high on Monday, as OPEC members continued to work out a production freeze and expectations that the Trump presidency will bring relaxed regulation, according to Bloomberg MarketWatch. December West Texas Intermediate crude added $1.80, or 3.9%, to settle at $47.49 a barrel on the New York Mercantile Exchange on …
Oilfield Employment Remains Weak in Oklahoma Despite Oil Play Successes
Oklahoma’s jobless rate slipped a tenth of a point for October but it’s still at 5.2% according to the Oklahoma Employment Security Commission. And the data supplied by the state shows oil and gas employment was anemic, despite growing activity in Oklahoma’s STACK and SCOOP plays. The October 2016 employment in the energy sector was 43,900, …
WTI, Brent Crude, Natural Gas Rise on Friday
Oil futures finished slightly higher on Friday, as traders looked for clues as to whether OPEC members will be able to complete a deal later this month to curb production levels, according to Bloomberg MarketWatch. December West Texas Intermediate crude rose 27 cents, or 0.6%, to settle at $45.69 a barrel on the New York Mercantile …
Oil and Gas Execs Warn Oklahoma Leaders Not to Interfere in STACK and SCOOP—-Don’t Screw this up
“Be very careful with doing anything that might screw that up.” Warning from Lee Boothby, CEO of Newfield Exploration. Executives of four energy companies with extensive work in Oklahoma’s STACK and SCOOP plays made it clear this past week, yes the rewards of the big plays are nice but there are concerns too …
Hutchings Assumes Chairmanship of Oklahoma Oil and Gas Association
The Oklahoma Oil and Gas Association is under the leadership of a newly-elected chairman following the Association’s one-day annual meeting in Oklahoma City. At the meeting, association members elected Wade Hutchings, regional vice president of Mid-Continent Assets at Marathon Oil, to be the new chairman of OKOGA and ratified the board of directors for 2017. …
Rig Counts Jump in the U.S. and Oklahoma
The growing interest of the nation’s oil and gas industry in the big oil plays in Oklahoma and the Permian Basin of Northwest Texas is reflected by a swelling count of rigs, according to the latest figures released by Texas-based Baker Hughes. More rigs are apparently being taken out of storage and put back …
North Dakota’s Oil Production Falls Again
As oil production in Oklahoma is on the upswing, the downturn is still taking away revenue and production in what once was one of the biggest oil producing sections of the country—-North Dakota’s Bakken play. The North Dakota Department of Mineral Resources reports September production dropped by more than 10,000 barrels, doing from more than …
Crude Oil Futures Down on Tuesday, OPEC Production Cut Questioned
Oil futures dropped on Thursday as some traders remained skeptical that OPEC would be in a position to require compliance among all members that they must adhere to a production limit, according to Bloomberg MarketWatch.. On the New York Mercantile Exchange, December West Texas Intermediate crude fell 15 cents, or 0.3%, to settle at $45.42 …