Despite the low energy prices, the loss of more oil and gas rigs in the state and the nation and putting more employees into the unemployment lines, some energy companies continue to explore for new oil and gas finds in northern Oklahoma.
The latest c…
Oil futures ended lower Monday, falling for a second consecutive session after Saudi Arabia late last week indicated it won’t participate in a coordinated production freeze unless Iran changes course and agrees to take part.
West Texas Intermediate cr…
Houston, Texas will see a loss of at least 500 BP jobs this year, according to the Texas Workforce Commission which was notified by mail of the company’s employment intentions. Most will occur in June and are part of the nearly 4,000 job cuts the Londo…
While the U.S. Geological Survey is busy monitoring earthquakes in northern Oklahoma, it is also in the process of beginning a major study to define what minerals lie beneath portions of the upper Midwest.
Scientists are conducting a high-resolution a…
It wasn’t an April Fool’s Day move by Oklahoma City-based PostRock Energy when it filed for Chapter 11 bankruptcy. In a filing with the Securities and Exchange Commission, stated it filed in the United States Bankruptcy Court for the Western District o…
A lawsuit very similar to the bid-rigging lawsuit filed in Oklahoma City federal court against Chesapeake Energy, SandRidge Energy and oilman Tom L. Ward has been filed in Woods County District court in Alva.
The suit was filed by Harold Koppitz of Al…
A rally against giving the Oklahoma Corporation Commission the power to enforce rules and regulations over the oil and gas sector is drawing opponents who plan what they call an “809 Rally” later this month at the State Capitol.
Sponsored by the Sierr…
A rally against giving the Oklahoma Corporation Commission the power to enforce rules and regulations over the oil and gas sector is drawing opponents who plan what they call an “809 Rally” later this month at the State Capitol.
Sponsored by the Sierr…
More than a year after oil prices plunged from more than $100 a barrel to the $30s, the State Tax Commission says it will pay nearly $158 million in rebates next year to certain operators of what are called “economically at-risk” wells.
Those are well…
Oil futures ended sharply lower on Friday, taking their weekly loss to nearly 7%, after comments from a Saudi Arabian prince cast doubt on whether the major crude producer would participate in any plan to stabilize global output, according to Bloomberg…
