Category: Oil & Gas

New Chairman at Oil States International

The former CEO of EOG Resources, Mark Papa has taken over as chairman of the board of Oil States International Inc. in Houston. He replaces Stephen Wells who has resigned after 10 years leading the company. Wells will continue as director of the compan…

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Erin Brockovich to Headline Earthquake Forum in Edmond

An earthquake forum to be held Tuesday on the campus of the University of Central Oklahoma will feature environmentalist Erin Brockovich, the advocate whose life story was turned into a movie starring Julia Roberts.
She and others will discuss the num…

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Awaiting Chesapeake and SandRidge Energy Quarterly Reports

Two major energy firms headquartered in Oklahoma City have yet to release their quarterly and yearly earnings but one of them, Chesapeake Energy will make those figures available on Wednesday.
SandRidge Energy, facing critical financial challenges has…

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Latest on Oklahoma’s Lawsuit Challenging EPA’s Clean Power Plan

Two major energy firms headquartered in Oklahoma City have yet to release their quarterly and yearly earnings but one of them, Chesapeake Energy will make those figures available on Wednesday.
SandRidge Energy, facing critical financial challenges has…

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Federal Appeals Court Hears More Arguments in Fracking Fight

The Tenth Circuit Court of Appeals in Denver has heard the arguments of North Dakota, Wyoming, Colorado and Utah against speeding up any consideration of their challenge to Bureau of Land Management rules governing hydraulic fracturing on federal and t…

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Economist Offers “Bleak” Picture for Oklahoma’s Oil and Gas Industry

The atmosphere in some senses was not optimistic nor hopeful at the recent Mid-Continent Digital Oilfield Conference held in Tulsa by the organization called Sustaining Oklahoma’s Energy Resources. Just how bad was it? Some conferees were walking arou…

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Rig Count Makes ‘Free Fall” in U.S. while Oklahoma Slips by 3 more

The oil and gas rig counts seem to be in a weekly free fall as energy prices struggle to stay either in the upper 20-dollar range or the low 30s as figures from Baker Hughes showed a U.S. loss of 27 more rigs while Oklahoma’s loss totaled three in the …

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Leaking California Gas Well Plugged—-Thousands Return Home after Months

After months of being out of their homes because of a leaking natural gas storage well on the outskirts of Los Angeles, residents have returned home and the well was permanently sealed and shut down on Friday, California officials said.
Southern Calif…

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Enable Wraps up Deal with CenterPoint Energy

Oklahoma City-based Enable Midstream Partners, LP says it has closed the previously announced private placement with CenterPoint Energy, Inc.
The deal involved a $363 million purchase by CenterPoint Energy of 10 percent Series A Fixed-to-Floating Non-…

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Fitch Ratings Downgrade Hits Two More Texas Energy Companies

Among the latest energy companies to be hit with a downgrading by Fitch Ratings are Energy XXI LTD and Energy XXI Gulf Coast, Inc. of Houston, Texas. Both were downgraded this week to ‘C’ following the non-payment of $8.8 million in interest due Feb. 1…

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