A stunning and dramatic loss of 34 oil and gas rigs was reported nationally in the past week according to Baker Hughes Company of Houston, Texas, the firm that monitors rig activity across the U.S. It reflects the tumbling oil and gas prices and their …
Two days after the New York Stock Exchange removed SandRidge Energy Inc. from trading because of what it called”abnormally low” stock prices, the Oklahoma City-based company announced Friday it was suspending payment of a semi-annual dividend on shares…
Tulsa federal judge Gregory K. Frizzell has sided with the Bureau of Indian Affairs and an Oklahoma association of oil and gas producers and denied the request of a landowner to intervene in a lawsuit over drilling permit applications in Osage County. …
Oklahoma Attorney General Scott Pruitt has come out in support of the lawsuit filed by TransCanada challenging the President’s veto of a measure allowing construction of the Keystone XL pipeline from Canada to Nebraska.
“The Keystone XL pipeline has a…
In the midst of a chapter 11 bankruptcy reorganization, Houston-based Swift Energy Company is selling 75 percent of its holdings in two oil and gas fields in central Louisiana to Texegy LLC.
Closing is expected to happen on or before March 15, 2016, s…
Despite the oil and gas downturn in the past year, some of the mid-stream companies are surging with major purchases. Take for example the announcement by Tallgrass Energy Partners, LP. The Leawood, Kansas based firm is buying another 31.3 percent inte…
It’s about that time of year again when energy firms announce the dates for their fourth-quarter financial results announcements. Mark it on your calendar because Phillips 66 will host a conference call at 11 a.m. Oklahoma time on Friday, Jan. 29 to di…
A big oil and gas purchase in North Dakota and Montana. Samson Oil and Gas USA Inc. is buying 41 net producing wells and more than 51,000 acres of leases for $16.5 million. The company, based in Denver, Colorado and with its parent owner in Australia …
Houston-based Enterprise Products Partners L.P., a firm with extensive pipeline operations in Oklahoma announced the election of directors constituting the board of its general partner, Enterprise Products Holdings LLC.
Richard H. Bachman, president a…
Houston, Texas-based Marathon Oil reports some success in southern Oklahoma with a more than 1,000-barrel-a-day well. The latest completion reports, as published on OK Energy Today, shows Marathon hit the well about 7 miles southeast of Lindsays.
The…
