What researchers are studying in West Texas has the attention of oil and gas people and others in Oklahoma—recycle oil and gas wastewater. Texas A & M is looking into treating the wastewater, recycling it and using it to irrigate farmland. And so far, it appears to be working according to News 9’s Alex Cameron …
After posting their largest gain since April, crude oil futures retreated on Thursday despite posting the greatest quarterly gain since 2009, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude dropped $1.55, or 3.1%, to settle at $48.33 a barrel. WTI prices gained over 26% for the second quarter, …
He passed up on “the crown jewel” of U.S. gas pipelines. Billionaire oilman Kelcy Warren is not commenting publicly about his decision this week to back out of what started as a $38 billion merger of his Energy Transfer Equity company in Dallas with Tulsa-based Williams Companies. But others are, according to a …
Western Colorado’s wild Roan Plateau is the focus of the U.S. Bureau of Land Management as the federal agency moves to protect it from more natural gas drilling. The BLM approved plans this week to put provisions in place in a 2014 compromise among conservation groups and natural gas producer Bill Barrett Corp. Barrett surrendered …
Those oil fund wealth checks that Alaskans have been getting for more than 30 years could be ending as Alaska struggles with budget shortages. Declining production and the drop in oil prices have hit the state just as they have others like Oklahoma and Texas. “At this point, all options are on the table,” said …
Shaking off recent concerns over the United Kingdom’s referendum vote to leave the European Union, crude oil futures soared on Wednesday, according to Bloomberg MarketWatch. August West Texas Intermediate crude rose $2.03, or 4.2%, on the New York Mercantile Exchange to settle at $49.88 a barrel. August Brent crude, the global benchmark, jumped $2.03, or …
We haven’t seen the last of the recent federal judge’s ruling in Wyoming that struck down the Obama administration’s attempts at regulating fracking on federal and Native American lands. Environmental groups including Earthjustice and the Sierra Club asked the Denver federal appeals court this week to revive the rule. Their notice of appeal is a …
Crude oil futures changed course and rebounded on Tuesday, posting gains as markets continued to weigh the outcome of the Brexit vote, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude gained $1.52, or 3.3%, to settle at $47.85 a barrel. On the London ICE Futures Exchange, August Brent …
The Oklahoma Corporation Commission Oil & Gas Public Assistance Department is holding a workshop for Oklahoma royalty owners on Saturday, September 24, 2016 at the Sheraton Hotel Downtown Oklahoma City. Registration begins at 7:00 a.m. and workshop hours are from 8:00 a.m. to 5:30 p.m. Scheduled speakers include: Commissioner Dana Murphy Oklahoma Corporation Commission Vice …
Chesapeake Energy Corporation extended the employment contract of President and CEO Robert “Doug” Lawler until December 31, 2018, according to a recent report published in The Oklahoman. Despite losing more than $14 billion with shares falling almost 70%, the Oklahoma City-based company paid a total of $15.4 million to Lawler last year in the form …
