Records show the volume of wastewater from oil and gas wells in Oklahoma rose 81 percent in the past six years, according to a report in The Tulsa World. The paper found that the amount of wastewater injected into the Arbuckle, the state’s deepest geol…
State Rep. Mike Shelton, (D-OKC) figures if the oil and gas industry gets huge tax breaks from the Oklahoma legislature, then homeowners who bought insurance because of earthquakes should get a break too.
He plans to file such a bill in the coming leg…
The nation’s oil and gas rig count fell again last week while was one of the few states to see an increase, according to figures released by Baker Hughes Company of Houston, Texas. Nationally, the count slipped by 14 while Oklahoma added four rigs to r…
So many Oklahomans attended Friday’s state capitol earthquake hearing that it had to be moved from a meeting room to the House chambers. Representative Richard Morrissette’s hearing provided an avenue for angry Oklahomans to ask questions and demand an…
Oklahoma City-based American Energy Partners, LP has reached out and signed an exploration agreement with YPF, an energy firm considered to be the main oil producer in Argentina. Under the agreement signed by Aubrey K. McClendon of American Energy and …
Reports are growing of the possibility that the $40 billion merger of Energy Transfer Equity LP and Tulsa-based Williams Cos. might be called off because their stock has taken a huge fall.
The deal was announced last September and was expected to be c…
Sixty dollar oil by the end of the year? It’s what Oklahoma oilman Harold Hamm, chairman of Continental Resources has predicted in an interview with the Wall Street Journal. He made his prediction on Wednesday as oil prices fell below $30 a barrel, th…
The last time oil prices dropped below $30 a barrel was years ago. And the last time oil was in the 20s was Dec. 1, 2003 when gasoline was being pumped for what was then a record amount of $1.52 a gallon.
U.S. oil production at the time was 5.7 millio…
More reductions in the operations of northern Oklahoma wastewater injection wells were announced Wednesday by the Oklahoma Corporation Commission as it takes steps to attempt to reduce the surge in strong earthquakes.
The latest plan affects 27 Arbuck…
A second lawsuit has been filed this week over earthquake damage in central Oklahoma. The suit was filed in Logan County District Court by Lisa Griggs and April Marler and is asking a judge to allow it to be a class-action lawsuit against Devon Energy,…
