The Oklahoma Corporation Commission announced Wednesday that SandRidge Energy has agreed to a plan to reduce the volume of wastewater being injected in the Medford and Cherokee/Byron areas and convert some wells from disposal to research operations. Th…
Oklahoma City-based Chesapeake Energy has started settling some of the so-called “high value” lawsuits filed against it in Texas where it was accused of miscalculating millions of dollars in royalty payments from gas wells on their property, according …
The sliding oil prices have prompted Tulsa-based WPX Energy to take protective steps this week as it announced Wednesday it has added more hedges to protect cash flows and repurchased a portion of notes that are due in early 2017. The company said near…
Not quite a week after the Oklahoma Corporation Commission took steps to reduce operations of several wastewater injection wells around Fairview and Alva, northern Oklahoma was rattled Tuesday by six more earthquakes.
The total reduction by 18 percent…
With more than $3 billion debt, Oklahoma City-based SandRidge Energy is not only battling Oklahoma regulators in the fight over saltwater injection wells but tumbling oil prices and the impact on the viability of the company. Its cutback in oil and gas…
The northern Oklahoma region where earthquakes have become a daily part of the routine is seeing more and more oil and gas wells completed and made operational.
A check of the well completion reports published on OK Energy Today showed four more wells…
Just what the oil and gas industry in Oklahoma didn’t need—the huge release of Iran’s oil reserves on the world market. The lifting of U.S. sanctions over the weekend as part of the Obama administration’s nuclear deal with Iran immediately prompted o…
While speculation mounts whether the merger between Williams Cos. in Tulsa and Energy Transfer Equity in Dallas might fall apart, a shareholder in the Tulsa-based Willias Cos. has filed a class-action lawsuit against both firms. It was filed by John Bu…
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…
