The same day the Oklahoma Corporation Commission unveiled a new and larger earthquake plan targeting disposal wells in northwestern Oklahoma, the Governor’s Coordinating Council on Seismic Activity announced the awarding of a research grant to create a…
In announcing a new earthquake plan covering 245 wastewater injection wells, State Corporation Commission officials said this week they were finally getting out ahead of some of the quakes.
“This plan is aimed not only at taking further action in resp…
No doubt one of the most talked-about topics of the day when the Mid-Continent Digital Oilfield Conference gets underway today in Tulsa will be the layoffs at Oklahoma City-based Devon Energy.
While nearly 1,000 are losing their jobs, others still in …
“Devon’s top priority in 2016 is to protect the balance sheet.” Dave Hager, CEO and President.
Layoffs will total 1,000 including 700 in OKC.
Company’s debt reaches $7.7 billion.
4th quarter losses hit $4.5 billion.
Devon’s unloading more a…
The Oklahoma Corporation Commission on Tuesday announced its latest plan in trying to reduce the number of earthquakes believed linke to wastewater disposal wells in the state, a plan covering an estimated 5,200 square miles and 245 disposal wells.
Th…
Environmentalists and some cities around Dallas are asking the federal government to stop gas drilling under Lewisville Lake, claiming it could create hazardous conditions for the lake dam that is ranked by the government as the nation’s eighth most ha…
While Oklahoma has no ethanol manufacturing operations, the U.S. ethanol industry added $44 billion to the nation’s gross domestic product in 105 according to a new study by ABF Economics. It also supported nearly 360,000 jobs.
The study was released…
Oil producers in Oklahoma and the rest of the nation will soon feel the impact of competition from Iran as the country made its first crude oil shipment after the nuclear agreement was reached with the Obama administration. The shipment went to Europe …
Oklahoma’s not alone in dealing with a state government budget that’s hurting because of the worldwide oil glut and the downturn in prices.
As the Wichita Eagle reported this week, so is Kansas and most of the counties struggling in the downtown are o…
The Oklahoma Corporation Commission announced over the weekend it finalized a plan to reduce more wastewater injection well operations and started notifiying disposal well operators in an effort to bring about a reduction of earthquakes in the region. …
