While the Oklahoma Sierra Club was preparing for an “Earth (Quake) Day” protest at the state capitol, its attorneys with Public Justice based in Washington, D.C. were filing an amended lawsuit naming SandRidge Energy as another defendant accused of cau…
Houston-based Marathon Oil Corporation has sold nearly $1 billion of its assets in a recent deal involving its Wyoming upstream and midstream assets. Makes a total of $1.3 billion in assets the company has unloaded since August.
Marathon did not ident…
In order to get a new $4 billion line of credit this week, executives at Oklahoma City-based Chesapeake Energy Corporation nearly had to sell their souls. What they did was to put up nearly all of the company’s natural gas fields to reach an agreement …
It’s not just drug lords you have to worry about in Mexico, but ingenious oil thieves too. In central Mexico, police have discovered just how crafty the thieves were as they tapped into government oil pipelines. They built a camouflage truck to haul t…
Oil futures settled back above $40 a barrel on Monday for the first time since late March, buoyed by a third straight week of declines in the number of U.S. rigs drilling for crude, according to Bloomberg MarketWatch.
Prices got an added boost after U…
The Bureau of Indian Affairs plans an auction of oil and gas mining leases on Indian lands later in the month. The oral action will be held at 9 a.m. on April 27 at the BIA offices in Anadarko and cover leases of Kiowa, Comanche, Apache, Fort Sill Apa…
Houston-based Cabot Oil and Gas wants a federal judge in Pennsylvania to throw out a $4.24 million jury verdict that the company’s fracking operations contaminated well water for two families in the state. The verdict came down in early March and the o…
Oil futures ended sharply higher Friday, boosted by expectations U.S. production will continue to decline, signs of solid underlying demand and some renewed optimism about the U.S. economy.
On the New York Mercantile Exchange, West Texas Intermediate …
Oklahoma’s oil and gas rig count increased by two in the past week to reach 63 while the nation’s count fell by 7, settling at 443, according to figures released by Baker Hughes Company of Houston, Texas. Oklahoma and New Mexico were the only two regio…
A $910 million sale of a Colorado subsidiary of Tulsa-based WPX Energy was announced by the company. The sale of WPX Energy Rocky Mountain LLC was to Terra Energy Partners LLC and boosts the liquidity of WPX, improving its capital efficiency and return…
