Oklahoma City-based Chesapeake Energy leaders might be wondering about the impact of a Pennsylvania Superior Court ruling on their operations in the state. The Court has ruled a natural gas drilling company trespassed by operating a well through which hydraulic fracturing was used to remove natural gas from beneath the property of a family next …
Schlumberger Limited reported its first quarter 2018 revenue totaled $7.8 billion, a drop of 4 percent compared to the fourth quarter of 2017 and a 14 percent decline from a year ago. The Paris-based company with a major offices in Oklahoma City said its pretax operating income of $974 million took a 29% nose …
Halliburton says it had first quarter 2018 income of $46 million on its worldwide operations including those in Oklahoma and Texas. The income figured to be $0.05 per diluted share. The $46 million compares to a $32 million loss reported in the first quarter of 2017 or $0.04 per diluted share. The adjusted income excluding …
The latest completion reports published by OK Energy Today indicate at least a dozen oil wells drilled and producing for Oklahoma Energy Acquisition in Kingfisher County. But all were actually drilled last summer and completed in the fall. So the company was just filing the reports. The largest of the wells was the Themer 1706 …
Amidst Carl Icahn’s takeover attempt at Oklahoma City’s SandRidge Energy, the company chairman John V. Genova has retired immediately over the past few days. Michael L. Bennett is the new chairman. He has been a director of the company since October 2016. The board of directors also named Kenneth H. Beer to be a new …
With a growing debate among Oklahomans whether it’s piling on to report the criticism of the way Scott Pruitt has been the administrator of the EPA, there is a report now that is critical of the way Pruitt did things when he was a state legislator and Oklahoma Attorney General. The New York Times …
Another wind industry leader is speaking out against possible plans in the Oklahoma legislature to put a tax on wind farm operations. He is Ron Flax-Davidson who is chairman and CEO of PNE Wind USA,Inc. a firm based in Chicago. The company is in the process of building the Chilocco Wind Farm to be located …
The number of oil and gas rigs breaking the horizon around the U.S. just keeps growing, increasing by 5 in the pas week to reach 1,013. Oklahoma’s count slipped by one to reach 127, according to figures from Baker Hughes Co. and the Independent Oil and Gas Service in Wichita, Kansas. The national count included …
A newly-formed midstream energy company in Oklahoma is headquartered in Tulsa, but its real base of operations will be in Cushing and the oil marketing hub of the nation. While Dariusz Cichocki describes his Getka company as “four guys, a pickup truck and some cows,” he also admits the company received an initial commitment of …
It could be a matter of only a few days before Oklahoma Rep. Jim Bridenstine resigns from office to become Administrator at NASA, the job he was sought for nearly 8 months. Following his confirmation in the U.S. Senate, Bridenstine issued a statement. “It is an honor to be confirmed by the United States …