WPX Energy, Inc. on Monday laid off 42 employees, including 38 at its Tulsa headquarters.
The oil and natural gas producer also cut three positions in Killdeer, North Dakota and one in Carlsbad, New Mexico. The layoffs represent 4% of the company’s to…
Category: General
WPX Layoffs Hit Tulsa
Oklahoma Gasoline Prices Hit $1.91 Average
Hard to believe but this week’s average gasoline price in Oklahoma is just 9 cents under the $2 a gallon mark. The $1.91 average, according to AAA Oklahoma’s Fuel Gauge report, is 57 cents more than the state average on Valentine’s Day. And at least on…
Oil Patch Monitor Expects Many More Energy Bankruptcies
At least three more Texas oil and gas companies joined the list of those filing for bankruptcy in the past week.
They joined Energy XXI which OK Energy Today reported on last week, bringing the nationwide total of energy bankruptcies to 21 since…
Weekend Rains Ease Much of Oklahoma’s Drought
Weekend rains took care of the drought in western and northwestern Oklahoma, according to the Oklahoma Mesonet.
“Obviously the drought is going to take a huge hit, although there will be a few areas that still didn’t get their fair share—western Rog…
Official Predicts More Oil and Gas Bankruptcies Coming to Texas
Oklahoma’s legislature is not alone in struggling with a budget wounded badly by the slump in oil and natural gas prices worldwide. While Oklahoma’s budget hole totals $1.3 billion, some believe the Texas legislature will be faced with a $3 bill…
Could Low Oil Prices Result in Fewer Saudi Arabian Students at US Schools?
If it’s happening in Kansas—-it’s happening in Oklahoma. Fewer Saudi Arabian students at universities and colleges because of the drop in oil prices. Officials at Wichita State University recently said losing the Saudi Arabian students could …
AG’s Lawsuit Stops $11 million in Settlements with Chesapeake Energy in Pennsylvania
While recently settling a few lawsuits on claims of royalty payments, Oklahoma City-based Chesapeake Energy is also right in the middle of similar problems in Pennsylvania. It was there recently that Attorney General Kathleen Kane filed suit and …
Nasty Water Leads to City of Hugo Suing Severn Trent Services
Drinking water contractor Severn Trent Environmental Services finds itself sued a second time over its water quality problems in the city of Hugo. This time, it was the city of Hugo that filed suit, accusing Severn Trent of fraud and of acting negligen…
Solar Tax Credit Cap in New Mexico to be Hit by July
New Mexico’s solar tax credit program has proven so successful again that state officials predict the $3 million cap will be reached by the end of July this year. Energy conservation officials have been handling a flood of applications for the 1…
Solar Tax Credit Cap in New Mexico to be Hit by July
New Mexico’s solar tax credit program has proven so successful again that state officials predict the $3 million cap will be reached by the end of July this year. Energy conservation officials have been handling a flood of applications for the 10-perc…
