As oil and gas companies file their required annual reports of investment firms controlling some of their shares, Chesapeake is one of the latest. Its’ filing with the Securities and Exchange Commission focuses on State Street Corporation, which has shared dispositive power over 104,751,590 shares in the Oklahoma City company. The Boston, Massachusetts-based firm also …
A newspaper report in Colorado says three oil and gas companies have failed to file nearly 10,000 well production reports in the past few years, a discovery made by a tax audit. But one Oklahoma City company has failed to file dozens of reports as well. The Colorado Independent reported the well production reports are …
Chaparral Energy reports completion of three wells from a single pad with combined production of nearly 1,600 barrels of oil a day in the STACK. The three Mario wells were drilled at 19 16N 5W or about three miles east of the city of Kingfisher in July 2019. The largest, with production of 776 barrels …
An I-T expert with years of experience in the state’s energy industry has been named by Governor Kevin Stitt to be the new head of I.T. for state government. Jerry Moore is the state’s new Chief Information Officer. “Throughout his career, Jerry has exhibited his expertise in the design and management of high-performance, cost-effective …
Lower oil demand predictions by OPEC and the International Energy Agency combined with coronavirus impact resulted in Chesapeake Energy Corp. shares dropping Thursday in trading by 2.80% and below the 50-cent a share mark for the first time in 26 years. It came after the International Energy Agency’s oil demand assessment was released. The IEA …
** The head of the American Wind Energy Association says a Missouri bill to block the Grain Belt Express transmission project would cost the state jobs and access to cheap clean energy. ** Activists gather outside of DTE Energy’s headquarters in Detroit to protest the utility’s long-term energy plan. ** The Association of Big Ten Students, which represents more than …
Just a few weeks after Democrat U.S. Sen. and presidential hopeful Bernie Sanders introduced a bill to bank fracking, a similar measure has been introduced in the House. And it came from none-other than one of his companions on the campaign trail, Green advocate Rep. Alexandria Ocasio-Cortez. She and Rep. Darren Soto, a Democrat …
Oklahoma Congressman Frank Lucas had some pointed climate questions during a House Committee hearing featuring Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System. Powell went before the House Committee on Financial Services to discuss monetary policy and the state of the economy. That’s when Rep. Lucas, the ranking member of …
Oklahoma’s U.S. House delegation split its vote this week when the House approved a package of wilderness bills that would protect more than one million acres of public land across three states. The measure, H.R. 2546 passed on a 231-183 vote. While the six-bill package picked up support from six Republicans, Oklahoma Republican Representatives Tom …
The slumping oil and gas industry in Oklahoma played a role in less-than-stellar general revenue fund collections in January. Oil collections were higher than a year ago, but not natural gas. “Oklahoma is on track with the year-to-date figures, but we continue to see softness in the energy sector,” said Steven Harpe, director of the …