Samson Resources Reaches $17 million Settlement with Texas Firm

Tulsa-based Samson Resources Co. has ended its nearly $17 million dollar bankruptcy fight in Delaware bankruptcy court with the company that succeeded Magnum Hunter Resources. Samson withdrew the $16.8 million in oil and gas well claims against what is now Blue Ridge Mountain Resources Inc. The withdrawal came as both companies south to bring an …

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Driverless Cars to Be Studied by US House Hearing

  The safety of those driverless cars will be the focus of a Tuesday congressional hearing and among those asking the questions will be Oklahoma U.S. Rep. Markwayne Mullin. He’s a member of the Subcommittee on Digital commerce and Consumer Protection of the full House Committee on Energy and Commerce. The 9 a.m. hearing will …

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Climate Change Battle Due Wednesday as Lucas and Bridenstine Look On

Oklahoma Congressmen Frank Lucas and Jim Bridenstine will have a front-row seat as critics of climate change and supporters of it will likely battle it out during a hearing of the U.S. House Science, Space and Technology Committee. The hearing is set for Wednesday at 9 a.m. Oklahoma time and will feature a challenge to …

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Halliburton on a Hiring Spree—–Could Employment Turn Around in Duncan?

  One of the hardest hit counties in Oklahoma over the energy downturn was Stephens County, home to Duncan and to the original headquarters of Halliburton. The county had seen double-digit unemployment as Halliburton, now headquartered in Houston, laid off employees worldwide. But perhaps that is about to end and no doubt, Chamber of Commerce …

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Inhofe: Obama Developed “Culture of Radical Alarmists”

At a recent conservative conference, Oklahoma’s U.S. Senator, Jim Inhofe, railed against the Obama Administration’s fossil fuel policy. Inhofe issued a warning to remain “vigilant” because Obama “built a culture of radical alarmists.” “Liberal extremists are not going to give up,” said Inhofe, during a keynote address at the Heartland Institute’s 12th International Conference on …

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Wildcatters Gala Honors Oil and Gas Leaders

The Oklahoma Independent Petroleum Association bestowed its highest honors during the association’s recent Wildcatters Gala at the Skirvin Hilton in Oklahoma City. The event honored the late Aubrey McClendon as the inaugural OIPA Legend of the Industry, included the induction of Mark Monroe into the OIPA’s Wildcatters Hall of Honor and recognized U.S. Sen. James …

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Environmentalists Vow Fight in Nebraska Against Keystone XL Pipeline

President Trump might have signed off on the Keystone XL pipeline but opponents aren’t finished in their fight. One group, Bold Nebraska based in Hastings plans to continue the battle against what its President Linda Anderson calls a “reckless” pipeline. In a Friday morning email notice she said, “Here’s the good news: Trump doesn’t have …

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Senators Applaud Trump’s Approval of Keystone XL Pipeline

Oklahoma U.S. Senators Inhofe and Lankford wasted little time Friday in offering statements of gratitude over the Trump Administration’s approval of the Keystone XL oil pipeline permit. Sen. Jim Inhofe, a member of the Senate Environment and Public Works Committee said, “President Trump continues to deliver on his promises to prioritize energy independence and to …

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Teens Win Oil and Gas Fight in Colorado

Some teenagers in Colorado have pulled off a victory over the State when it comes to oil and gas development.  The Colorado Court of Appeals, in a 2-1 decision, ruled the state regulators wrongly denied a 2013 rulemaking petition from Earth Guardians. The group of teens, based in Boulder had asked the state to halt …

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Seventy Seven Energy’s Proposed Merger Moving Ahead with Stockholders Meeting

Oklahoma City-based Seventy Seven Energy Inc. is moving ahead with plans to possibly merge with Patterson-UTI Energy Inc. based in Houston, Texas. A special meeting of Seventy-Seven stockholders will be held April 20 at 9 a.m. at SSE’s offices, 777 NW 63rd in Oklahoma City. Stockholders will consider and vote on the proposed merger and …

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