Oklahoma Energy News - Oil & Gas
Palm oil labor abuses linked to world’s top brands, banks
PENINSULAR MALAYSIA (AP) — Jum’s words tumble out over the phone, his voice growing ever more frantic.Between sobs, he says...
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While oil struggles, natural gas demand and production from the Appalachian and Haynesville basins hangs tough
Natural gas plays where two upstream and one midstream Oklahoma City-based companies are active are hanging tough so far this...
Oklahoma oil prices and drilling report for Sept. 26, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.12 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Oklahoma oil prices and drilling report for Sept. 25, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.17 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Sept. 24, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.18 per MMBtu Oklahoma crude oil prices as of 5 p.m....
New Oklahoma Geological Survey director to help state investigate and promote the wise use of the state's natural resources
The Oklahoma Geological Survey is best known these days for keeping its finger on the pulse of the state’s shaky ground. But...
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- New rule may strip pollution protections from popular lakes
- Hundreds of anti-coal campaigners protest at German mine
- Business Highlights
- Palm oil labor abuses linked to world’s top brands, banks
- California is ready to pull the plug on gas vehicles
- House backs bill to boost 'clean energy,' enhance efficiency
- Whitmer offers 'carbon-neutral' climate plan for Michigan
- Editorial Roundup: US
- Ohio sues to block nuclear bailout money from being paid
- Standard Solar Expands Affordable and Accessible Solar to Maryland Communities
Oklahoma oil prices and drilling report for Sept. 22, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $1.85 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...
6 questions answered about the energy industry's record-setting streak of contraction
State tax revenues continue to get pummeled and the economic effects will be felt across the state as the Oklahoma Energy Index...
Oklahoma oil prices and drilling report for Sept. 19, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.07 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Chesapeake Energy to cut 200 from its workforce Friday, CEO's email states
Chesapeake Energy Corp. plans to lay off 200 tomorrow. Employees were notified of the planned job cuts in an email sent...
Oklahoma oil prices and drilling report for Sept. 17, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.24 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Ponca ambassador calls for tribes to unite and oppose Oklahoma's environmental oversight request
A tribal leader is calling for Oklahoma’s Native Americans to unite as the federal government ponders the future of key...
Oklahoma oil prices and drilling report for Sept. 16, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.36 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Sept. 15, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.31 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...
Environmental Protection Agency takes steps to support ethanol industry as election nears
President Donald Trump’s administration is getting "corny." On Monday, the EPA announced it won’t renew controversial...
Oklahoma oil prices and drilling report for Sept. 12, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.25 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
SandRidge reacquires well interests in Mississippian Lime trust
Three stocks created nearly a decade ago by SandRidge Energy to raise about $1.6 billion in capital are now being traded...
The late Boone Pickens' art collection is expected to fetch millions in auction for charity
Boone Pickens excelled at making money and collecting art. On Oct. 28, interested parties will have a chance to pick up pieces...
Oklahoma oil prices and drilling report for Sept. 10, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.39 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma Gas and Electric crews returning to Oklahoma after hurricane help
OG&E crews headed home Oklahoma Gas & Electric line crews assisting with recovery efforts in the aftermath of...
By land and air, weather researchers track tornadic storms
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...
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Tulsa businesses get high sustainability marks for 2020
TULSA Companies announce sustainability awards Two companies were recognized by the Sustainable Tulsa Scor3card program this...
SandRidge closes deal to sell landmark tower, but future office location still in question
SandRidge Energy banked about $35.4 million through the sale of its corporate tower and associated annex to the state of...
Oklahoma oil prices and drilling report for Sept. 9, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.38 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Sept. 5, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.58 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Oklahoma oil prices and drilling report for Sept. 4, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.49 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Sept. 3, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.50 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Devon Energy sheds more employees
Devon Energy confirmed Tuesday it has again reduced its workforce. The energy giant based in Oklahoma City did not disclose how...
Oklahoma oil prices and drilling report for Sept. 2, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.52 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Sept. 1, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.63 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Panhandle Oil and Gas offers stock to investors as it seeks to acquire mineral rights in Oklahoma, Texas and Louisiana
Panhandle Oil and Gas is issuing 5 million shares of new stock to raise cash it will use to acquire mineral interests in...
Oklahoma oil prices and drilling report for Aug. 29, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2,66 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Tulsa tech company sees growth in 2020 serving energy companies despite hard times in the sector
TULSA — W Energy Software, a company that offers energy companies with cloud-based enterprise resource planning services, is...
Ample supply should counter climbing fuel prices after Hurricane Laura, unless consumers intervene
Wholesale gasoline prices climbed slightly before Hurricane Laura roared ashore at the Louisiana-Texas state line Thursday...
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Clean Cities Coalition wins awards, Serva Group acquires ValTek
Coalition gets awards The Clean Cities Coalition organized by the Association of Central Oklahoma Governments has received two...
Oklahoma Corporation Commissioners decide electric territorial disputes, leaves natural gas cap on, for now
The Oklahoma Corporation Commission on Wednesday took up two cases of electrical service territorial disputes, taking the side...
Petroleum Alliance president says industry won’t have chaos because of Supreme Court case
A narrow Supreme Court decision in a criminal case that determined Congress never dissolved the Creek reservation inside...
Oklahoma oil prices and drilling report for Aug. 27, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.42 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma oil prices and drilling report for Aug. 26, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.48 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Letting off steam: new research through OU could lead to increased energy production, reduced costs
NORMAN — While the U.S. is one of the world’s top geothermal energy resources, the technology remains largely untapped across...
Oklahoma oil prices and drilling report for Aug. 25, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.52 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...
Three men accused of mineral rights, royalties diversion scam
A federal grand jury meeting in Oklahoma City indicted three men accused of diverting royalty proceeds from real people to...
Oklahoma oil prices and drilling report for Aug. 22, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.44 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Federal judge orders Sunoco Logistics to pay $155 million for owed interest, penalties on late payments for oil purchases
A federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly 1.6 million...
Oklahoma oil prices and drilling report for Aug. 21, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.35 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma Corporation Commission turns away Lake Region Electric Cooperative's challenge
Cooperative loses territory battle The Oklahoma Corporation Commission issued an order this week that dismissed a case Lake...
OU Energy Institute web chat planned, Laredo Petroleum replaces board member as it strives to boost its technology
Investment talk set Investment banker Steve Trauber of Houston will discuss the availability of capital for energy investments...
Oklahoma oil prices and drilling report for Aug. 20, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.43 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Lower energy costs seen during first half of 2020 providing relief to consumers
Wholesale electrical prices were lower the first half of this year than they were the same time in 2019, and that...
Hamm talks politics, market meddling and other issues at opening session of DUG Midcontinent Wednesday
Presidential politics, market meddling by OPEC+ countries and global investors, and the hoped for future trading of a new grade...
Oklahoma oil prices and drilling report for Aug. 19, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Tuesday: Natural Gas — $2.41 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Mid-Con becomes 'going concern,' filing for second quarter states
TULSA — Mid-Con Energy Partners included “going concern” language in the first quarterly filing it has made after...
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Oklahoma Gas and Electric crews return home
Oklahoma Gas & Electric line crews assisting with restoration efforts in the aftermath of Tropical Storm Isaias and the...
Oklahoma oil prices and drilling report for Aug. 18, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Monday: Natural Gas — $2.34 per MMBtu Oklahoma crude oil prices as of 5 p.m. Monday:...
Oklahoma City's Chaparral Energy seeks bankruptcy after reaching approval with backers
Chaparral Energy is the latest Oklahoma energy company to seek bankruptcy. On Sunday, it sought Chapter 11 protection from a...
Oklahoma oil prices and drilling report for Aug. 15, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Friday: Natural Gas — $2.35 per MMBtu Oklahoma crude oil prices as of 5 p.m. Friday:...
Panhandle Oil & Gas posts net loss for latest quarter after reduced production, prices
Curtailed production and reduced commodity prices kept Panhandle Oil & Gas’s quarterly results in the red, it reported this...
Oklahoma oil prices and drilling report for Aug. 14, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.20 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Governor Stitt is named a 'Wind Champion,' Mammoth Energy Services adds independent board member
Stitt named wind champion The American Wind Energy Association and Advanced Power Alliance have recognized Gov. Kevin Stitt for...
Oklahoma oil prices and drilling report for Aug. 13, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Wednesday: Natural Gas — $2.14 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Presidio Petroleum picks up Templar's assets through bankruptcy auction
Presidio Petroleum strengthened its position in the Anadarko Basin this month when it spent $91 million to acquire the assets...
Ascent Resources Utica Holdings' second quarter earnings hit by commodity values
Decreased commodity values and mark-to-market value changes on hedges pushed Ascent Resources Utica Holdings’ financial results...
Blueknight Energy Partners hires CFO
TULSA Blueknight hires CFO Blueknight Energy Partners announced this week it hired Matthew R. Lewis as its new chief financial...
Violations, or not? Commissioners hear arguments on electric service cases
Oklahoma’s electric cooperatives continue to fight against various deals a larger, investor-owned utility made to serve...
U.S., state data illustrate energy industry's pain
Crude oil production in the U.S. fell by about 2 million barrels per day in May, data published by the U.S. Energy Information...
Oklahoma oil prices and drilling report for Aug. 12, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.14 per MMBtu Oklahoma crude oil prices as of 5 p.m....
NGL Energy Partners attributes first quarter loss to energy collapse, customer's bankruptcy
TULSA — COVID-19’s impact on energy markets and a bankruptcy involving one of NGL Energy Partners’ customers pushed the company...
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Oklahoma oil prices and drilling report for Aug. 11, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.16 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Oklahoma Energy Resources Board provides scholarships to students pursuing petroleum industry-related degrees
An oil- and gas-supported scholarship fund is sending out $205,500 in scholarships to 69 students pursuing petroleum...
OGE Energy adds board member, PSO distributes LEDs
Kissam joins OGE board Luke C. Kissam IV will join OGE Energy’s board of directors on Sept. 1, company officials have...
Shot in the arm: Tech jobs hold much of the post-pandemic future in Oklahoma City, Tulsa
Technological innovation alone can't save Oklahoma City from the economic ravages of the coronavirus, but the growing...
Mid-Con names new leadership team after ownership change
The general partner of Mid-Con Energy Partners has a new CEO, chief accounting officer and chief operating officer. The company...
Oklahoma oil prices and drilling report for Aug. 8, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.24 per MMBtu Oklahoma crude oil prices as of 5 p.m....
Laredo Petroleum posts net loss of about $545 million for second quarter
Laredo Petroleum took a non-cash impairment of about $406.5 million during the second quarter of 2020 on the way to posting a...
Oklahoma oil prices and drilling report for Aug. 7, 2020
Natural Gas (Henry Hub) as of 4 p.m. EST Thursday: Natural Gas — $2.15 USD per MMBtu Oklahoma crude oil prices as of 5 p.m....
OGE: ‘Excelling through challenging times’
OGE Energy and its electric utility, Oklahoma Gas and Electric Co., innovated their ways through a second quarter that ended...
SandRidge says its ability to continue as a 'going concern' is getting better
SandRidge Energy indicated Wednesday that its prospects to remain a going concern are improving. In an earnings release issued...
Oklahoma oil prices and drilling report for Aug. 6, 2020
Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $38.50 Oklahoma Sour: Sunoco Inc. — $26.50...
Devon will issue special sale-related dividend, it announced along with second-quarter results
Devon Energy shareholders can expect to see a special dividend later this year. On Tuesday, the company announced it will issue...
Gulfport Energy generates free cash flow as it defers new production to later in the year
Oklahoma City-based Gulfport Energy generated free cash flow of $43.9 million during the second quarter of the year, it...
Enable Midstream Partners sees natural gas growth in second quarter
Enable Midstream Partners continued to grow its natural gas transmission business during the second quarter of the year as well...
C-PACE financing boosts projects’ sustainability, backers say
Many Oklahoma developers are about to gain a new tool for financing construction. It's a time-tested program already used to...
Oklahoma oil prices and drilling report for Aug. 5, 2020
Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $38.25 Oklahoma Sour: Sunoco Inc. — $26.25...
Continental Resources posts $239.3 million loss for second quarter
Continental Resources posted a net loss of $239.3 million for the second quarter of 2020, it announced after markets closed...
New coal ash disposal rule targeted by environmentalists
Environmentalists are pledging to challenge a just-announced finalized rule issued by the Trump administration that formalizes...
Oklahoma oil prices and drilling report for Aug. 4, 2020
Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $37.50 Oklahoma Sour: Sunoco Inc. — $25.50...
Mammoth Energy Services says infrastructure business 'turned a corner'
Mammoth Energy Services’ infrastructure business “turned a corner” after the release of a critical report during the second...
Oklahoma oil prices and drilling report for Aug. 1, 2020
Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $36.75 Oklahoma Sour: Sunoco Inc. — $24.75...
Oklahoma oil prices and drilling report for July 31, 2020
Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $36.50 Oklahoma Sour: Sunoco Inc. — $24.50...
WPX Energy posts second-quarter loss
TULSA — WPX Energy met projected oil production volumes during the second quarter of 2020 but posted negative results driven by...
Oklahoma Corporation Commission to begin in-person hearings, on limited basis
The Oklahoma Corporation Commission will begin to allow in-person hearings next week — on a limited, case-by-case basis....
Oklahoma oil prices and drilling report for July 30, 2020
Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $37.75 Oklahoma Sour: Sunoco Inc. — $25.75...
ONEOK's second quarter results off, year-over-year
TULSA — Lowered transported volumes of natural gas liquids and natural gas translated into muted second-quarter earnings for...
No-cost broadband expansion offered to schools, libraries and health care facilities, Oil & Gas Expo canceled
State fund picks up tab to extend bandwidth The administrator of Oklahoma’s Universal Service Fund announced this week that a...
Pandemic-caused crude price collapse causes drilling slowdown for Oklahoma company
TULSA — Dramatically lower drilling activity pushed Helmerich & Payne’s quarterly results into negative territory, the...
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