Oklahoma Energy News - Oil & Gas

Business

Chesapeake Energy settles Pennsylvania inquiry, suits for nearly $12 million

Chesapeake Energy agreed to pay nearly $12 million to settle an investigation into its Pennsylvania leasing activities and...

Business

Oklahoma oil prices and drilling report for March 9, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.67 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...

Business

Being out of power even once in February was unacceptable. But it could have been far, far worse

Grid problems that briefly put hundreds of thousands of Oklahomans in the dark and spurred a humanitarian crisis in Texas...

Business

Oklahoma oil prices and drilling report for March 6, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.7 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business

Oklahoma oil prices and drilling report for March 5, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.75 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for March 4, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.81 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for March 3, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.85 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for March 2, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.78 per MMBtu Oklahoma oil and gas drilling activity posted...

Business

Continental's acquisition, Devon's merger and Chesapeake's emergence illustrate changing times for OKC energy companies

Oil and gas operators headquartered in Oklahoma continue adjusting their footprints as market and geopolitical issues evolve....

Business

Don't bogart that warehouse: Medical marijuana helps keep industrial property smoking in OKC area

Warehouses are smoking. Industrial property is still as hot as fever compared with other real estate sectors, thanks, still, to...

Business

Oklahoma oil prices and drilling report for Feb. 27, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.76 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business

Oklahoma oil prices and drilling report for Feb. 26, 2021

Natural Gas (Henry Hub) as of 3;30 p.m. EST Thursday: Natural Gas — $2.76 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Why we don’t know (yet) what your future utility bills will be following winter storm

It will take weeks or maybe even months for customers of Oklahoma’s power providers to find out how their bills over the next...

Business

Power providers to seek billions from Oklahomans in wake of storm

More regulated utilities kicked off cases seeking to recover billions of dollars of storm-related costs from customers at the...

Business

Continental Resources sues government over stalled drilling permits in North Dakota

Continental Resources has sued the federal government over dozens of North Dakota drilling permit applications that have...

Business

ConocoPhillips closing lab, ending shuttle service

ConocoPhillips is closing its Bartlesville Labs and ending its Corporate Air Shuttle service out of the city this year, with an...

Business

Oklahoma oil prices and drilling report for Feb. 25, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.87 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Biden nominee for Interior Secretary faces tough questions on energy views

Rep. Debra Haaland, President Joe Biden’s nominee to be Interior Secretary, faced tough questions Tuesday from Republicans...

Business

Oklahoma oil prices and drilling report for Feb. 24, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.89 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Feb. 23, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.95 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...

By land and air, weather researchers track tornadic storms

NewsMay 16, 2019

SALINA, Kan. — For the first time in almost a decade, meteorologists from across the Midwest will track and intercept tornado birthing grounds as part of a large-scale collaborative research project. The TORUS Project, or Targeted Observation...

Exclusively from The Oklahoman

Business

Texas-size concern: Stitt, regulators work to keep Oklahoma utility bills from spiking

Oklahomans can expect to see bigger utility bills next month as they pay for additional energy used to get through February’s...

Business

EPA sides with ethanol industry in Wynnewood refinery's Renewable Fuel Standards case

The U.S. Environmental Protection Agency on Monday emphasized it is taking the side of the ethanol industry in a case that pits...

News
Video

Recap: Gov. Stitt addresses Oklahoma winter storm utility bills Monday

Gov. Kevin Stitt and other Oklahoma officials addressed the effect of last week's severe winter storm on utility bills at 11...

Business
Video

Oklahomans' utility bills will be higher, but too soon to say how much

Oklahoma Gas & Electric Co. said Sunday it's likely the recent frigid weather will cost customers more in terms of higher...

Health

Testing shows Oklahoma City water is safe following winter storm

Oklahoma City's water supply was shown to be safe based on testing from 55 sites in areas affected by water service...

Business

Marni Jameson: New HVAC system trips heated discussion

I would like the record to show: I was against replacing our heating and air conditioning system. For once, my husband wanted...

Business

Trends in the greening of housing

WASHINGTON — Energy efficiency is a primary driver in homebuyer preferences, according to research from the National...

Business

Oklahoma oil prices and drilling report for Feb. 20, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $3.07 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business
Video

Oklahoma regulators open flow on wells to help address natural gas shortage

Members of Oklahoma’s Corporation Commission on Monday voted to remove a cap on natural gas production from wells inside the...

Business
Video

Oklahoma power grid avoids crisis still hitting Texas

The Southwest Power Pool, the electrical grid operator for 14 states including Oklahoma, dropped its energy emergency alert...

Business

Oklahoma oil prices and drilling report for Feb. 19, 2021

Natural Gas (Henry Hub) as of 2 p.m. EST Thursday: Natural Gas — $3.06 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business
Video

Order directs utilities to prioritize natural gas and electric services to preserve the health, safety and welfare of the public

Oklahoma Corporation Commissioners were all about addressing natural gas supply issues on the upstream side Monday. Tuesday,...

Business
Video

OG&E: All power restored; rolling blackouts still possible

Most or all Oklahoma Gas & Electric customers awoke Wednesday morning to restored power with the utility reporting as of...

Business
Video

Oklahoma winter weather: OKC water demand nearly double the average

Oklahoma City's water treatment plants are running at typical summer levels — and nearing current capacity — as residents take...

Business

Oklahoma City's Enable Midstream to be acquired by Texas company

The number of publicly traded energy companies in Oklahoma is about to shrink – again. On Wednesday morning, Enable Midstream...

Business
Video

More rolling blackouts possible across Oklahoma

Oklahomans are back to wondering when their power might go off or come back after local utilities including Oklahoma Gas and...

Business

Rolling blackouts ordered, then rescinded across grid that includes Oklahoma as power demand exceeds supply

Oklahomans may be wondering when their power might go off or come back after local utilities including Oklahoma Gas and...

Business

OKC water service restored after frozen pipes wreak havoc

Oklahoma City restored service at its Lake Stanley Draper water treatment plant late Sunday after freezing temperatures...

News

ONG, CenterPointe Energy asking customers to turn down their heat when possible

Oklahoma Natural Gas joined CenterPoint Energy in asking its customers to keep an eye on how much gas they are using.

Business

Oklahoma oil prices and drilling report for Feb. 13, 2021

Natural Gas (Henry Hub) as of 2 p.m. EST Friday: Natural Gas — $2.91 per MMBtu Oklahoma oil and gas drilling activity posted...

Business

Oklahoma Gas and Electric stages gear, calls up workers to respond to outages caused by coming storm

Oklahomans fresh off a massive electrical outage in late October caused by an unseasonably early ice storm face the potential...

Business

Court ruling confirms earlier decision — even big businesses have to stick with their electrical provider

Electrical service territories inside of Oklahoma matter, three judges on Oklahoma’s Court of Civil Appeals have ruled. In a...

Business

Oklahoma oil prices and drilling report for Feb. 12, 2021

Natural Gas (Henry Hub) as of 2:30 p.m. EST Thursday: Natural Gas — $2.86 per MMBtu Oklahoma oil and gas drilling activity...

Business

Oklahoma oil prices and drilling report for Feb. 11, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.91 per MMBtu Oklahoma oil and gas drilling activity posted...

Business

Oklahoma oil prices and drilling report for Feb. 10, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.82 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Chesapeake Energy clears bankruptcy, officially

After years of trying to tame its crushing debt, after laying off thousands of employees and after wiping out the investments...

Business

Oklahoma oil prices and drilling report for Feb. 9, 2021

Natural Gas (Henry Hub) as of 2 p.m. EST Monday: Natural Gas — $2.88 per MMBtu Oklahoma oil and gas drilling activity posted...

Business

President Biden's executive order could hurt production and spike the price of natural gas used in advanced medical tools and birthday balloons

Helium — a byproduct of oil and natural gas production — plays an ever-increasing role in our lives. Sure, we all know it is...

Business

Chesapeake Energy opens empty campus office space to outside investors

Chesapeake Energy appears to be rising from its ashes. If that sounds like a cliché, you’d be right. But an announcement the...

Business

Oklahoma oil prices and drilling report for Feb. 6, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.88 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business

Oklahoma oil prices and drilling report for Feb. 5, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.97 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Layoffs at Chesapeake: Hundreds cut as bankruptcy process nears end

Chesapeake Energy shed about 15% of its staff this week as it nears the finish line in its bankruptcy process. The decision to...

Business

Rep. Stephanie Bice criticizes President Joe Biden's energy policies

Freshman Rep. Stephanie Bice traveled to Houston on Tuesday to blast the Biden administration’s energy policies, saying they...

Business

Oklahoma oil prices and drilling report for Feb. 3, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.84 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Feb. 2, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.82 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...

Health
Video

Love's to pay employees a bonus for vaccinating

Love's Travel Stops announced Thursday it will pay employees as motivation to get their COVID-19 vaccination. The incentive, a...

Business

Oklahoma oil prices and drilling report for Jan. 29, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.68 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Just like Trump? Biden using executive orders to reposition nation's energy production, could face similar court challenges

President Joe Biden took a page from President Donald Trump’s playbook Wednesday by signing an executive order suspending...

Business

Oklahoma oil prices and drilling report for Jan. 28, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.72 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Jan. 27, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.66 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Jan. 26, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.61 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...

Business

Oklahoma experts concerned as Biden suspends oil and gas leases on federal land

"Just as we repeatedly warned." That was the message this week from an energy industry representative in Oklahoma who said he...

Business

Biden's Keystone XL revocation is already alarming advocates for North America’s energy industry and exciting environmentalists

President Joe Biden’s revocation of a permit to allow the Keystone XL pipeline to cross the nation’s border with Canada is...

Business

Oklahoma oil prices and drilling report for Jan. 23, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.45 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business

Oklahoma oil prices and drilling report for Jan. 22, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.50 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Jan. 21, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.54 per MMBtu Oklahoma crude oil prices as of 5 p.m....

Business

Oklahoma oil prices and drilling report for Jan. 20, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.54 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...

Business

Where will Oklahoma's energy industry go from here? The likely answer could surprise you

Presidential administrations and Congresses throughout the past 40 years undoubtedly worked to nudge the nation’s energy and...

Business

Oklahoma oil prices and drilling report for Jan. 16, 2021

Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.76 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...

Business

Biggest-ever Love's Travel Stop reminds me why I love Love's but will wait awhile yet to stop in

Man, I love Love's, and I miss Love's, and I would love to hit the road so I could stop at a Love's just for the fun...