Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed and ope…
The number of active oil and natural gas rigs in the U.S. has plunged to the lowest level on record going back to 1949, according to a Baker Hughes report released on Friday.
The data revealed that the total dropped to a new record this week as the oi…
Oil futures settled higher on Friday as U.S. prices scored a gain of more than 7% for the week, after the International Energy Agency said prices might have bottomed on expectations that falling supplies will help alleviate the global glut of crude. Cr…
One week after filing a class-action lawsuit alleging bid-rigging against Chesapeake Energy, SandRidge Energy and former SandRidge CEO Tom Ward, attorneys for an Alfalfa County landowner have already amended the lawsuit in the Western District of the U…
Oil prices remain anemic and oil storage continues at a record pace at the Cushing tank farm, but oil production continues in Oklahoma with a few more big wells in recent weeks.
As noted on OK Energy Today’s Completion reports, Blaine County is site …
Crude inventories just keep growing at the Cushing tank farm where a record high total of nearly 67 million barrels was reached this week, according to the U.S. Energy Information Administration.
The total was 66,946,000 barrels of oil for the week en…
The state of Iowa has given the final go-ahead for a new Bakken oil pipeline that will move oil from North Dakota to Illinois. The Iowa Utilities board voted recently to issue the last state permit needed for the Dakota Access oil pipeline being built …
Crude oil prices turned lower Thursday, retreating from their highest levels of the year reached a day earlier, as doubts emerged over a potential meeting set for March 20 between major oil producers regarding a production freeze.
April West Texas Int…
Tulsa-based ONEOK Partners says it has completed the first phase of construction of its nearly $480 million Roadrunner Gas Transmission pipeline project in the Permian Basin of west Texas.
The 200-mile pipeline connects ONEOK Partners’ WesTex natural …
The issue of the move by the Obama administration to drop economic sanctions against Iran and allow the country to export more oil, affecting Oklahoma energy producers rose again this week when Iran test fired two ballistic missiles.
“This did not sur…
