One of the latest class action lawsuits filed over Oklahoma’s earthquakes is against seven energy firms in the state, blaming their wastewater disposal wells for causing large and damaging quakes. The $5 million lawsuit was originally in Payne County District court by three individuals, Matt Meier and his wife Sheryl Meier and Kai Bach. All …
Oklahoma City-based Devon Energy plans to release its second-quarter 2017 earnings on August 1 following the close of U.S. financial markets. The following day, the company will hold a 10 a-m conference call and take questions from analysts and investors. A webcast link to the call will be provided on Devon’s website, www.devonenergy.com.
Major County in northwest Oklahoma is not normally defined as being a part of the state’s highly-popular STACK oil play, but it’s close and two oil companies are taking advantage. The STACK is typically considered to be in Canadian, Blaine and Kingfisher counties, but Major county is adjacent to the north side of Blaine county. …
Oklahoma and several other states will feel the greatest impact of global warming according to a new report that studied how it will affect the U.S. Published in the journal Science, the study explored the economic pluses and minuses for more than 3,100 counties. A map that was included in the study shows the growing …
The Sierra Club is actively pursuing a plan to engage Oklahoma Attorney General Mike Hunter and address Oklahoma’s earthquake predicament, according to a press release issued on Thursday. The Oklahoma Chapter is gathering signatures urging Oklahoma’s chief legal officer to take action on the state’s earthquake situation. EPA Administrator Scott Pruitt, Hunter’s predecessor, remained completely …
A phone giveaway program that has been the subject of numerous OK Energy Today stories was slammed today by the federal government which said the “Obamaphone” program was filled with fraud. The report by the General Accountability Office found that nearly a third of those nationwide who got the free phones were likely not qualified, …
Tulsa billionaire George Kaiser is about to unload his Summit ESP, a Tulsa-based maker of electric submersible pump systems for oil and gas wells and the buyer is anticipated to be Halliburton. No word yet on how much Halliburton will pay for the company founded in 2010 by oilfield services industry veteran John Kenner. Officials …
Despite legal challenges to some new state fees, including one on electric cars, the Oklahoma Equalization Board has voted to support the funding plan for the new fiscal year which takes effect on Saturday. The $6.8 billion budget prompted legal challenges on an increased tobacco fee, a new fee on electric cars and a sales …
New jobless figures from the government reveal the recovery of Oklahoma’s oil and gas industry is making slow progress. The Oklahoma Employment Security Commission released May unemployment numbers this week showing the rates improved over the year for most counties. McIntosh County in eastern Oklahoma had the highest county unemployment rate at 8.1 percent followed …
The Denver federal appeals, the same one that decides Oklahoma cases issued a surprise notice Tuesday night setting a date to hear oral arguments in the fight over the Interior Department’s Obama-era fracking rules covering federal lands. The arguments will be heard July 27 in Denver in the case whether the Interior Department has the …