Category: Oil & Gas

Latest Earthquake Damage Lawsuit Filed in Logan County

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,…

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State’s Gasoline Prices Keep Dropping

As oil prices fell to their lowest levels in eight years this week, gasoline prices continued their downward spiral in Oklahoma as the state reached a new average of $1.69 a gallon, the second cheapest gasoline in the nation according to AAA Oklahoma’s…

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Earthquake Townhall in Edmond

Representative Richard Morrissette (D-OKC) won’t be the only legislator holding a town hall meeting this week regarding the earthquake challenge and its ties to the state’s oil and gas industry.
Rep. Lewis Moore, (R-Edmond) will hold a townhall meetin…

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Jones Energy Announces Exchange Offer on Senior Notes

Austin, Texas-based Jones Energy Holdings, LLC and Jones Energy Finance Corp. have announced an offer to exchange any and all of their $250,000,000 outstanding principal amount of 9.25 percent Senior Notes due 2023 for an equal amount of new 9.25 perce…

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SandRidge Wants to Talk about Injection well Orders

“There had been no discussions but these new talks won’t go long.” Matt Skinner OCC.

Just as the Oklahoma Corporation Commission was ready to go to court against SandRidge Energy in a fight over a request to reduce injection well operations in e…

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Cheap, Cheap Gasoline in South OKC

With Monday’s crude oil trading in the $31 a barrel on the New York Mercantile Exchange, gasoline prices continued their plunge in Oklahoma with one gas station in Oklahoma City pumping it at $1.39 a gallon.
Gas Buddy reports the $1.39 gas is being so…

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Fifth Circuit Rules in Favor of Chesapeake in Texas Lawsuit

The Fifth Circuit Court of Appeals has sent back to Texas Federal Court a proposed class action lawsuit against Oklahoma City-based Chesapeake Energy Corporation which was accused of trespassing on foreclosed oil and gas leases. It could be considered …

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Mid-Continent Digital Oilfield Conference in Tulsa

The 2016 Mid-Continent Digital Oilfield Conference is coming up in about a month in Tulsa and will feature new technology platforms in the industry.
Sponsored by Sustaining Oklahoma’s Energy Resources, the conference will feature a keynote address on …

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Holly Energy Sets Quarterly Announcement Date

Holly Energy Partners, L.P., the Dallas based company with extensive crude oil transportation and storage facilities in Oklahoma and other states says it will announce results for its quarter ended Dec. 31, 2015 on Feb. 23, 2016.
The announcement will…

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Falling Energy Prices Take Big Toll on Nation’s Rig Count

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 …

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