The layoffs of another 172 workers by SandRidge Energy this week no doubt will affect the state’s jobless rate. But the latest report from the Oklahoma Employment Security Commission indicated the unemployment rates went up in December in only two of t…
What happened this week in California could be a wakeup call to many natural gas utilities across the nation. Los Angeles prosecutors filed misdemeanor criminal charges against the Southern California Gas Co. for failing to immediately report a natural…
Tulsa-based Williams Companies is right in the middle of a 685-mile long gas pipeline project for the nation’s Southeast markets that won approval this week from the U.S. Federal Energy Regulatory Commission. The project would also create 339,400 horse…
While many environmentalists and anti-oil and gas industry advocates contend ‘fracking’ has caused Oklahoma’s surge in earthquakes, a recent study by the U.S. Geological Survey says otherwise. However, it points to the hundreds of wastewater or “salt w…
Oklahoma City-based SandRidge Energy reportedly started making more layoffs on Tuesday as many reports indicate the firm is on the verge of filing for bankruptcy over its $4 billion in debt.
Social media is filled with comments of SandRidge workers wh…
Those $35 a barrel oil prices aren’t stopping production by energy companies in Oklahoma as some are reporting 1,400 a barrel a day wells in the state according to the Completion Reports published on OK Energy Today.
Newfield Exploration of Houston ha…
It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on which c…
While Oklahoma government leaders grapple with a budget hole of an estimated $1.1 billion, the state of Louisiana has an even bigger budget hole of $1.9 billion. Both states are suffering because of the massive downturn in the oil and gas industry. B…
It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on which c…
Oilman Harold Hamm remains bullish on the oil and gas industry, repeating his prediction that the future still looks bright for the industry and prices will rebound later this year. He first made the prediction earlier in the month during an interview …
