An Osage tribal leader is reviewing earthquake and wastewater injection well plans produced in the wake of the historic 5.8 magnitude earthquake near Pawnee. At the same time, Everett Waller, Chairman of the Osage Minerals Council is promising to do what he can to protect his people. “The safety and welfare of our people is …
BISMARCK, N.D. (AP) — The Standing Rock Sioux’s effort to block a four-state oil pipeline got a lifeline when the federal government temporarily stopped the project, a move some say likely may forever change the way all energy infrastructure projects are reviewed in the future. Just minutes after U.S. District Judge James Boasberg denied the Standing Rock Sioux …
Corvex Management activist investor and former Williams Companies board member, Keith Meister, has fired a second shot at the Tulsa-based pipeline company. In yet another open letter to Williams’ three newly appointed independent directors, Meister urged them to form a strategic review committee in order to examine the merits of a possible strategic consolidation, according to …
Oil futures settled higher Monday as they received a boost after data revealed that crude oil supplies fell by more than 1.2 million barrels as of the week ending September 9, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude tacked on 41 cents, or 0.9%, to settle at …
Republican presidential candidate Donald J. Trump is scheduled to attend a campaign fundraiser in Norman on Saturday, September 17 near the University of Oklahoma campus. The venue isn’t listed on the invitation but it will be within walking distance of the OU campus, where the No. 14-ranked Sooners will host the No. 3-ranked Ohio State …
Oil futures repeated a similar pattern for the last few weeks on Friday, settling lower for the day but higher for the week, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell $1.74, or 3.7%, to settle at $45.88 a barrel. For the week, WTI saw a gain of …
Tulsa-based WPX Energy filed a federal lawsuit Tuesday against an unknown individual for trademark infringement and related fraud, according to a report in The Tulsa World. The suit was filed in the U.S. District Court for the Northern District of Oklahoma against John Doe, an unknown defendant. The lawsuit alleges that the scammer intentionally violated …
The latest weekly oil and gas rig count revealed a jump in U.S. offshore rigs as the rest of the nation showed minimal growth, according to Baker Hughes. Oklahoma’s count fell by 4 in the past week to reach 62 compared to 106 a year ago. The nation’s rig count rose by 11 to reach …
SandRidge Energy Inc. announced Friday that its Chapter 11 reorganization plan was confirmed, allowing the company to exit bankruptcy proceedings within 30 days. The Oklahoma City-based company had nearly $7 billion in assets when it filed a pre-packaged bankruptcy plan in south Texas on May 16 to restructure $3.7 billion of the company’s $4.4 billion …
Oil futures soared on Thursday after U.S. government data revealed the largest drop in crude supplies since 1999, according to Bloomberg MarketWatch. The 14.5 million-barrel decline reported by the Energy Information Administration was even larger than the surprise 12.1-million barrel drop reported by the American Petroleum Institute late Wednesday. Ahead of both reports, analysts polled by S&P Global …
