A Federal Judge in Tulsa has ruled against a man who contended he was discriminated against because of his age when he was let go two years ago by PetroChem Development Company. U.S. District Judge Gregory K. Frizzell granted a summary judgment request by PetroChem in the lawsuit filed by David Dormont. Dormont had worked …
A several-year long fight over trespassing claims leveled against Enable Oklahoma Intrastate Transmission company by tribal owners in western Oklahoma has resulted in another loss for the company. The U.S. 10th Circuit Court of Appeals ruled against Enable’s appeal of an Oklahoma City Federal Judge’s ruling in a fight that started in 2002 when Enable …
It’s been a slow week for drilling permits and completion reports in Oklahoma. No completion reports were filed Monday and Tuesday with the Oklahoma Corporation Commission which was unusual. But there is still interest in the STACK play. Devon Energy filed four requests on Tuesday for permits to drill in Blaine County. The company’s request …
Oil and gas regulators in New Mexico are under growing pressure to delay a decision on a move by a Texas company seeking an easing of restrictions on well locations in the San Juan Basin. Among those applying the pressure is Congresswoman Lujan Grisham who was recently elected New Mexico Governor and will begin her …
It’s not just a lack of pipelines that is a major issue for explorers in the Permian Basin of West Texas and New Mexico. Drillers like Devon Energy of Oklahoma City and Laredo Petroleum of tulsa are facing other constraints, according to panelists who spoke at a recent Executive Oil Conference presented by Hart Energy …
The Department of Environmental Quality (DEQ) expects to be able to help local emergency planning committees (LEPCs) with equipment reimbursement opportunities. The funding will be available during the current fiscal year, which began on July 1, 2018, and ends on June 30, 2019. The Hazardous Waste Fund affords DEQ resources for the protection of public health and safety …
Oklahoma City’s Devon Energy is one of 17 major companies exploring in the Permian Basin to offer $100 million in aid to Texas and New Mexico because of challenges caused by the oil boom in the two states. Dave Hager, chairman of Devon Energy was one of those who signed a letter creating the Permian …
It’s a $1.6 billion purchase of one Denver-based oil and gas company by another. And the buyer is a well-known operator in western Oklahoma. Cimarex Energy announced this week it’s buying rival Resolute Energy and the purchase includes debt. But it also adds more assets in the shale-rich Permian Basin for Cimarex. Cimarex is known …
Those tumbling oil prices of the past 40 days have resulted in a $1 trillion loss by the oil and gas sector. Crude prices in New York commodity markets slid more than 25 percent during the 40-days when prices began falling in early October. Last week ended with a re cord 12th straight day of …
Chesapeake Energy’s nearly $4 billion purchase of Houston-based WildHorse Resource Development Corp. is the focus of a call for an investigation by a former Louisiana Attorney General. The call is made by Charles C. Foti, Jr. and the law firm of Kahn Swick and Foti in New Orleans. The two announced this week they are …