Oklahoma City-based Seventy Seven Energy Inc. will release its 2015 full year and fourth quarter operational and financial results before the market opens on Wednesday, Feb. 17.
A conference call will also be held to discuss the results later that day…
Fort Worth-based Black Mountain Oil and Gas LLC has announced the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources, XI, L.P.
“Our partnership with NGP will allow us to evaluate a broad opportunity set…
As layoffs in Oklahoma’s energy sector grow weekly, is the story being heard in Washington D.C.’s Beltway? U.S. Senator James Lankford says it is among those like him who represent oil and natural gas states.
“I would disagree with those affected by …
Survival. It’s what oil and natural gas companies are dealing with as energy prices swirl lower and lower. The very idea that some major companies that once could afford to wait out the low prices now cannot because they accumulated too much debt in th…
While the Interior Department prepares to hold a public hearing in Oklahoma City on venting and flaring rules on public and Indian Trust Lands, the state of Wyoming approves new flaring rules this week covering any newly-drilled wells.
Under the rules…
The U.S. Interior Department is preparing to hold a public meeting later this month in Oklahoma City on a proposed rule targeting the practice of “flaring” or what Interior Secretary Sally Jewell calls the “harmful release of natural gas.”
The meeting…
The man everyone listened to about oil, T-Boone Pickens admits it—he’s cashed out on all of his energy-related positions. It’s what he recently told Bloomberg, explaining that he is waiting for the right chance to re-enter the market. He also predict…
The impact of the oil and gas downturn is evident in every state where there’s energy production. Oklahoma isn’t alone. Ask the people in North Dakota where, because of the Bakken oil play, the state had a ‘boom’ in the past several years.
But as The …
Low oil and natural gas prices aren’t the only things that energy workers have to focus on these days. How about criminals. The Canadian County Sheriff’s office, in a weekly crime report called Wise Eyes referred to numerous thefts in the oil patch.
…
Both the nation’s and Oklahoma’s oil and natural gas rig counts are plummeting—-8 lost in Oklahoma in the past week while the nation suffered a drop of 48 working rigs. The downturn is quickly gaining speed as prices remain in the low $30s and in eff…
