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Jack Money
Jack Money

Jack Money has worked for The Oklahoman for more than 20 years. During that time, he has worked for the paper’s city, state, metro and business news desks, including serving for a while as an assistant city editor. Money has won state and regional journalism awards and garnered praise from outside groups for historical books he has co-authored. Today, he works as a Business Writer who covers energy, agriculture and aerospace. He also has covered retail news for the Oklahoman.

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'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

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...

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

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

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

Oklahoma winter weather: Ranchers' efforts unsung, but just as important

Police, firefighters, emergency medical workers and wrecker drivers attract a lot of attention for sacrifices they make when...

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.

News

Local and state officials urge Oklahomans to shelter as weekend snowstorm approaches

“Stay home, and stay safe.” That basic and oft-repeated message was emphasized to Oklahomans on Saturday by local and state...

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

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

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

Well closures ordered after earthquake near Enid

COVINGTON — The Oklahoma Corporation Commission’s induced seismicity department directed operators of five saltwater disposal...

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

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 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

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

A bankruptcy milestone: Chesapeake plan approved, no changes to executive leadership expected

There is much that remains to be done before Chesapeake formally emerges from bankruptcy. But Doug Lawler, the company’s CEO,...

Business

U.S. Supreme Court will review case involving Oklahoma oil refinery, corn growers

An appeals court decision that invalidated a decision made by the Trump-led U.S. Environmental Protection Agency to allow a...

Business

Climate, trade, environmental regulations and coronavirus questions need answered as Oklahoma’s food growers consider 2021’s future

Year in and out, farmers and ranchers weigh potential risks before committing to programs they hope will earn meaningful...

Business

Devon's and WPX's efforts to form Oklahoma's newest energy giant are done. Now, workforce integration begins

Devon Energy and WPX Energy have closed on their agreement to create a new company that holds a dominant position in the...

Business

50-year-old Oklahoma energy company to close its doors as business evolves

Another Oklahoma business that played a significant role in growing the nation’s energy industry over the past half century is...

Business

This merger of equals creates a new energy giant in Oklahoma

Shareholders overwhelmingly agreed Wednesday to merge WPX Energy and Devon Energy into a new Devon in a pact the two companies...

Business

Stimulus bill breakdown: What to know about that $600 check

Keep an eye on your bank account. Starting this week, millions of Americans will receive payments from the federal government...

Business

Oklahoma electrical failures are renewing a debate over the effectiveness of underground power lines

The Public Utilities Division of Oklahoma’s Corporation Commission is querying electric service providers across much of...

Business

A greener, rural-Oklahoma energy grid is generating jobs by the hundreds and revenues by the millions

Energy flowing across Oklahoma’s transmission grid turned greener this week. On Wednesday, Western Farmers Electric Cooperative...

Business

Another Oklahoma energy company is exiting the business, but not how you might think

On Monday, Blueknight Energy Partners announced it is getting out of the oil and gas business, but in a way you might not...

Health

CVS, Walgreens aim to add employees at Oklahoma stores as Coronavirus vaccine arrives

Two national pharmacies with locations across Oklahoma are about to take center stage in helping our nation past the continuing...

Business

SandRidge has a new home, one that isn't far from its old tower

SandRidge Energy continues to modify its operations. Earlier this month, it announced it had made its new home in Bricktown,...

Business

Florida is spending billions to improve power reliability, could Oklahoma follow suit?

Hurricanes and tropical storms are major headaches for Florida utility providers, but even garden-variety severe thunderstorms...

Business

Oil and gas regulation in Indian Country? Oklahoma's Supreme Court will weigh in

Should tribes get to regulate oil and gas activities inside Indian Country? Oklahoma’s Supreme Court will weigh in. The court...

Business

Kratos successfully lands contract worth more than $37 million for drone made in Oklahoma

Kratos Defense & Security Solutions’ Valkyrie XQ-58A is helping Oklahoma’s growing aerospace industry soar. On Tuesday,...

Business

Burying power lines could prevent some future outages, but the astronomical cost might be too much to bear

When an ice storm hits, politicians lose power at their house just like everyone else and some of Oklahoma's representatives...

Business

Oklahoma Corporation Commission reasserts regulatory authority after McGirt

A majority of Oklahoma’s elected Corporation Commission have decided the agency continues to have the authority to continue to...

Business

Higher bills coming for a half-million Oklahomans in January

Maybe we are just spoiled. But changing metrics in both the global and the nation’s natural gas markets are beginning to...

Business

Can Oklahoma employers mandate COVID-19 immunization for employees?

Will you and I be required to be immunized against COVID-19 before we can return to our jobs for real or start a new one? Adam...

Business

Devon, WPX seek shareholder approval for merger plan on Dec. 30

Two separate oil and gas operators headquartered in Oklahoma hope to enter the new year with blessings from shareholders to...

Business

Bill to repair October ice storm damages is on its way

Frustrated you lost electricity in this latest ice storm? Just wait until your bill is increased to pay for those repairs....

Business

Let history wash away your loved ones' daily cares this year

Books are magical. They can take us to another time or another place and provide us a way to find peace in a world where it is...

Business

Here's some news you can plug into — renewable energy testing happening in Oklahoma

NextEra Energy Resources’ Rush Springs Energy Storage Facility might not look like much. Nine structures that appear to be...

Business

Tapstone Energy wins auction to obtain this well-known Oklahoma company's Mid-Continent assets

Chesapeake Energy’s Mid-Continent assets will stay with an Oklahoma company that has deep ties to the seller, a U.S. Bankruptcy...

Business

2020 Oklahoma Inc. shows how pandemic is picking winners and losers for investors

The latest Oklahoma Inc. rankings highlight the impact the COVID-19 pandemic has had on larger market trends. For investors,...

Business

Oklahoma Inc. results demonstrate impact of energy companies' exposure to commodity prices

Investors continue to be concerned that oil and gas companies have more financial risk than other types of businesses, this...

Business

Another Oklahoma energy company is seeking bankruptcy protection

The number of energy companies either headquartered or operating within Oklahoma filing for bankruptcy continues to climb....

Business

Energy companies still under the weather because of COVID-19, latest results show

Big and small and public and private Oklahoma energy companies continued to deal with changing market conditions driven by the...

Business

Oklahoma Gas and Electric's insurance offer jolts customers in the midst of dealing with ice storm damages

Oops. Officials said Thursday a well-intentioned program being introduced by Oklahoma Gas and Electric Co. intended to help...

Business

This device could save lives in the oil field. And it was developed by Oklahoma oil workers.

Okie ingenuity is getting some world-class props. Chesapeake Energy took home a top global environmental prize this month after...

Business

Chesapeake could sell its hunk of Oklahoma oil patch to a local company

Another big chunk of the oil patch in Oklahoma is about to change hands. Chesapeake Energy announced Monday it has reached an...

Business

COVID-19 vaccine news drives up stock values for some Oklahoma companies

Oklahoma’s public energy companies enjoyed steep climbs in share values Monday as the price of oil jumped based on encouraging...

Business
Video

Todd Hiett beats Todd Hagopian in corporation commission race

Incumbent Corporation Commissioner Todd Hiett easily secured a second, six-year term as a member of the three-person...

Business

Merger of Oklahoma energy giants precedes frenzy of industry consolidation

TULSA — Two prominent Oklahoma energy companies are combining, but the deal is proving to be just the first in a series of...

Business

Severe weather helps drive profits for Mammoth Energy Services during third quarter

COVID-19 may have a stranglehold on the nation’s oil and gas industry. But it can’t control the weather, and one Oklahoma City...

Business

Why is it taking so long to get my lights back on? A complex system requires complex repairs

Some Oklahomans are experiencing their fifth day in the dark. Others are in their second, third or fourth. Current estimates...

Business

Devon, WPX release new details surrounding organizational structure as merger moves forward

As third quarter results begin to roll in, Devon Energy and WPX can’t wait to put their companies together. Devon and WPX...

Business

T. Boone Pickens art collection sells for millions

T. Boone Pickens knew what he was doing when it came to collecting art. His collection, which included works of art spanning...

Business

Oklahoma power outage: Numbers to know as work continues to get power back on

When it comes to ongoing power outage issues, here’s some numbers as of Thursday morning. • Oklahoma Gas and Electric Co....

Business

Going, going, gone: Another public oil and gas operator in Oklahoma announces merger plans

TULSA — Another Oklahoma-based oil and gas company is on its way to being gone. In a move one analyst expects to see more of,...

Business

Energy doomsday scenario pushed by industry groups as election approaches

Will the nation’s recently found energy independence evaporate if former Vice President Joe Biden wins November’s election...

Business

Electrical deregulation puts forth simple question: Should power consumers get to choose where they buy electricity?

Should commercial power customers get to choose who they buy their electricity from? A nonprofit led by a man who helped work...

Business

Voter guide: Republican Hiett and Libertarian Hagopian face off in Oklahoma Corporation Commission election

A Libertarian who champions markets free of governmental interference and a Republican, incumbent Oklahoma Corporation...

Business

Chaparral Energy exits bankruptcy as private operator

Chaparral Energy exited bankruptcy this week with $35 million more in working capital. The company, which emerged from the...

Business

Oklahoma's authority to regulate oil and gas activity is in question after McGirt decision

A question of whether Oklahoma can regulate oil and gas activities inside Indian Country is working its way through the...

Business

Oklahoma energy companies take environmental action amid rapidly changing world

President Donald Trump and the Republican Party argue they have done what they could during his administration to make America...

Business

OG&E is asking its consumers for an extra $14 million; here's why it could save Oklahomans millions more in the long run

Oklahoma Gas & Electric Co. is seeking approval to invest $14 million of your money over the next two years to improve the...

Business

Hot or cold? Will your outlook on climate change influence your vote?

Environmentalists hoped to make this year's presidential election a referendum on climate change and how it should be...

Business

Chesapeake Energy's highly anticipated post-bankruptcy plan partially revealed in SEC filing

The bankruptcy process for Chesapeake Energy is far from over. But the company made a filing with the U.S. Securities and...

Business

Trump vs. Biden: Energy promises, actions define choice in election

It's presidential election time, and candidates’ energy platforms will be a key yardstick that many voters in Oklahoma will use...

Business

Broyles, tribes disappointed after EPA grants Oklahoma environmental regulatory authority in Indian Country

Federal regulators have granted Oklahoma continued authority to regulate key environmental programs across Indian Country. But...

Business

On the heels of merger announcement, Devon Energy closes $490 million deal to sell its Barnett Shale assets

Devon Energy closed on its deal to sell its Barnett Shale assets to Banpu Kalnin Ventures (BKV) on Thursday. The deal with BKV...

Business

One in 5.2 million: Oklahoma business one of many soldiering on amid Covid crisis thanks to PPP loan

The U.S. government’s Paycheck Protection Program granted more than 5.2 million loans (averaging $100,000 each) for $525...

Business

Setting it straight

Setting it straight Tuesday A story about the planned merger of Devon and WPX Energy should have reported the combined...

Business

What we know, and what we still don't, about the Devon Energy, WPX Energy merger

On Monday, Tulsa-based WPX Energy and Oklahoma City-headquartered Devon Energy announced a plan to merge in an all-stock deal...

Business

Insurance company can’t avoid having to defend an energy company’s involvement in class-action earthquake lawsuit, appeals court rules

An insurance company policy’s boilerplate exclusionary language is the latest victim of salt-water induced earthquakes in...

Business

No surprises here: Companies offering munchies, technology-based solutions big winners so far during COVID-19 pandemic

These days, many of us are relying on information technology aids to help us do our jobs and asking for food deliveries to cure...

News
Video

Girl killed, family injured in OKC house explosion

Officials believe a faulty propane system caused a northeast Oklahoma City home to explode Thursday, leaving one girl dead and...

News
Video

1 dead, 3 injured in Oklahoma City house explosion

The Oklahoma City Fire Department is reporting via Twitter that a house exploded in north Oklahoma City.

Business

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...

Business

OKC pipe company founder reaches 100 years of age

Editor’s note: Alfred H. Karchmer turns 100 on Monday. In honor of that event, The Oklahoman is republishing this story (with...

Business

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...

Business

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...

Business

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...

Business

Alternative meat maker fights back against Oklahoma labeling requirements

A Chicago maker of meatless, meat-like products is presenting a federal judge with a beef it has against an Oklahoma law...

Business

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...

Business

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...

Business

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...

Business

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...

Business

Don't count on a 'Payroll Tax Holiday' at your workplace; here's why many employers are passing it up

I still don’t know whether or not I will have a “Payroll Tax Holiday” between now and the end of the year. Do you? Employers,...

Business

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...

Health

Oklahoma ranch teams compete and raise funds for Children’s Hospital Foundation

Coronavirus ain’t got nuthin’ on a wild cow that’s got to be milked. It also couldn’t stand in the way of an annual event...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

President Donald Trump's tax deferral program might benefit workers, but is raising questions for employers and employees alike

There's a chance you and I might bring home more money when we get our first paychecks after Sept. 1, and it all depends on the...

Business

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...

Business

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...

Business

Oklahoma's monthly unemployment rate climbs in July, additional dollars are on the way and 5 Things to Know about unemployment in Oklahoma

Oklahoma had fewer jobs available and a higher percentage of unemployed workers in July. The state's unemployment rate was 7.1%...

Business

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...

Business

Nation's unemployment rate at 10.2% as programs gear up to offer additional aid

The number of Oklahomans receiving continued unemployment assistance during the first week of August fell by about 10%,...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

Moore, BNSF Railway argue law conflicts in rail crossing rebuild case

Moore voters approved a bond issue in 2018 to spend $28 million to replace a road-rail intersection where BNSF Railway’s tracks...

Business

Presidential assistance offered for unemployed, Oklahoma officials evaluating options

While the number of Oklahomans receiving continued unemployment assistance during the final week of July lowered slightly,...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

The economic impact of COVID-19 could be worse, and you can thank an Oklahoman for that

Nothing like a financial crisis demonstrates how a central bank can be used to attempt to blunt its impact. Since March, the...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Health

Coronavirus in Oklahoma: Unemployment numbers not budging as pandemic continues

The number of Oklahomans receiving unemployment assistance during the third week of July remained near 120,000, data released...

Business

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...

Business

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....

Business

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...

Business

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...

Business

Metropolitan area unemployment rates fell between May and June, latest data shows

The latest unemployment data for Oklahoma’s four biggest metropolitan areas tells a glass-half-full kind of story. Rates in the...

Business

Bank7 posts $8.1 million second quarter earnings

Bank7 isn’t having any pandemic-related problems, yet. The company, which recently issued its second quarter 2020 results,...

Business

Kratos' Skyborg contract to bring work to Oklahoma City, California

Kratos landed another defense contract that will bring additional work to its Oklahoma City manufacturing center. The company...

Business

ONE Gas posts second quarter results

TULSA — ONE Gas Inc. earned a net income of $25.3 million during the second quarter of 2020, it announced after markets closed...

Business

Baker Hughes donates OKC Energy Innovation Center to Oklahoma State University

Oklahoma State University is getting a new home in Oklahoma City it will use to boost its engineering students’ research...

Business

Electric cooperatives seek federal help to lower debt costs

An organization representing the nation’s electric co-ops and millions of customers is looking for a little targeted relief...

Business

Oklahoma Agriculture Hall of Fame inducts Dr. Barry Pollard

Doctor Barry Pollard, an Enid neurosurgeon who is committed to supporting medical and veterinarian training, is the newest...

Business

Oklahoma Energy Index falls again as pandemic-caused recession continues

Oklahoma’s energy industry continues to be hammered as the COVID-19 pandemic continues. An energy index published on a monthly...

Business

Continuing unemployment claims remain near 120,000, national unemployment rate estimated at 11.1%

Nearly 120,000 Oklahomans received unemployment assistance during the second week of July as businesses continue to contend...

Business
Video

Oklahoma seeks continued authority to oversee environmental programs in state's Indian territories

Oklahoma is asking the EPA to grant it the authority to continue regulating environmental issues across areas of the state...

Business

Oil and gas companies tap DUC inventories to boost production at lower costs

The nation still has a lot of energy in the bank, but not as much as it did a year ago. Data published monthly by the U.S....

Business

Oklahoma increases aid for meat processors through CARES Act

State leaders aim to fatten up the capabilities of Oklahoma meat processors with a $10 million grant program using CARES Act...

Business

Financial assistance being awarded to women redefining their businesses

Across the nation, many women pivoted their business operations to creatively serve their customers while keeping employees on...

Business

Analysts predict energy companies have challenges to solve after this year's collapse of commodity markets

The next 18 months could be make or break time for the nation’s energy industry, two analysts’ outlines indicate. Deloitte,...

Business

Many continue to receive unemployment assistance, but changes to the amount paid are on the horizon

More than 120,000 Oklahomans continued to receive unemployment assistance during the first week of July, while changes to...

Business

Environmental Quality department seeks grant applications to install more electric vehicle chargers

Oklahoma is using additional dollars from a legal settlement to boost two programs intended to help clear the state’s air....

Business

Underreporting could make current natural gas production limit symbolic

Opponents of a limit affecting natural gas production from Oklahoma’s most prolific wells called Wednesday for regulators to do...

Business

Consultants embrace trend to work from home, if appropriate precautions are taken

America’s getting into the groove of working from home. Moe Vela, the chief transparency officer of TransparentBusiness, said a...

Business

American Petroleum Institute study promotes using liquified natural gas overseas to reduce global emissions

The American Petroleum Institute is promoting environmental benefits it says the world could enjoy if three significant...

Business

Survey: Energy companies sheltering in place as they wait for prices to recover

Energy companies sheltering in place as they wait for prices to recover “We are starting our fourth month without any...

Business

Oklahoma Natural Gas launches website to promote cooking with natural gas

An online site created by Oklahoma Natural Gas might give you some new ideas for your next family dinner. The company actually...

Business

Consumers set to benefit in Panhandle and surrounding area thanks to power grid upgrades

Upgrades to the electrical grid in Oklahoma’s Panhandle are paying off for customers of an electric cooperative in the area.,...

Business

Proposed fee change could alter your phone bill

Ever looked at the fine print of the bill you pay for mobile or home phone services? Depending on your provider, you might see...

Business

Public Service Co. of Oklahoma’s wind plan takes flight despite Texas’ rejection

American Electric Power isn’t trimming its sails on its plan to buy three under-construction wind farms covering north-Central...

Business

Public Service Co. of Oklahoma and the U.S. Army work to boost Fort Sill's power capabilities

LAWTON — Resiliency is part of readiness for the U.S. Army. In June, both it and Public Service Co. of Oklahoma announced plans...

Business

SandRidge adopts poison pill

SandRidge Energy announced Wednesday evening its board of directors adopted a tax benefits preservation plan commonly referred...

Business

Harold Hamm owns nearly 80% of Continental Resources shares after most recent purchases

Continental Resources’ Harold Hamm is buying more company stock. Hamm is acquiring an additional 4.7 million Continental...

Business

Fraudulent unemployment claims battle continues

Authorities continue battling fraudulent unemployment insurance claims filed against state programs across the nation. The...

Business

Pandemic Unemployment Assistance requests represent large part of pending claims

Tempers among people seeking pandemic unemployment assistance at times have been running as hot as Oklahoma’s summer sun....

Business

Chesapeake Energy obtains approval of 'first-day' motions that will keep the company operating, officials say

'First-day' relief aids Chesapeake with debt Chesapeake Energy announced late Monday the U.S. Bankruptcy Court for the Southern...

Business
Video

Hiett bests challenger in Corporation Commission primary

Incumbent Oklahoma Corporation Commissioner Todd Hiett on Tuesday cleared a primary challenge to set him up to face a...

Business

Sable Permian Resources, once part of American Energy Partners, seeks Chapter 11 protection

A company that originally was part of the late Aubrey McClendon’s American Energy Partners on Thursday sought Chapter 11...

Business

Lawler to employees: Chesapeake's bankruptcy 'best path forward'

Chesapeake CEO Doug Lawler reassured the company’s 1,900 employees Sunday that both they and the company have a future after it...

Business

OKC's Chesapeake Energy files for Chapter 11 to reorganize, reset

Chesapeake Energy Corp. aims to whittle down a substantial amount of crippling debt through a voluntary Chapter 11 process. The...

Business

Pandemic exposed flaws in meat production

An agricultural task force and Oklahoma’s CareerTech system are sinking their teeth into new training opportunities for meat...

Business

Oklahoma Attorney General files charges against Oklahoma roofer

Oklahoma Attorney General Mike Hunter announced Friday that his office has filed four felony charges against a contractor in...

Business

Coronavirus in Oklahoma: A fifth-generation livestock company is shutting down its pig producing operations as the pandemic continues to impact food supplies

GUYMON — COVID-19 continues to drag Oklahoma’s economy through the mud. On Friday, Hitch Enterprises, a fifth-generation...

Business

CBRE announces sale of Halliburton field camp in El Reno to local investor

EL RENO — Halliburton’s field camp facility has sold to an undisclosed local investor, CBRE announced Friday. The 86-acre...

Business

Coronavirus in Oklahoma: Skirvin Hilton layoff shows pandemic overstaying its welcome

The COVID-19 pandemic still hasn’t checked out of Oklahoma’s hospitality centers. On Friday, the Skirvin Hilton in Oklahoma...

Business
Video

Oklahoma's system continues to deal with a high number of unemployment claims, latest data shows

Oklahoma continues to carry a high number of people that are receiving compensation on unemployment insurance as the clock...

Business

OG&E to resume disconnects for customers who don't pay their bills

Oklahoma Gas and Electric is about to resume its policy to disconnect customers who don’t pay their bills, it announced...

Business

Coronavirus in Oklahoma: Retail foot traffic rebounds, but case spike could reverse trend

Oklahomans haven’t been shy about returning to retail establishments. Data released Wednesday by the Oklahoma City branch of...

Business

Another STACK operator files for bankruptcy after difficulties

TULSA — Privately owned Chisholm Oil and Gas Operating is seeking Chapter 11 bankruptcy protection as it aims to shed $517...

Business

State denies request to limit oil production

The three-member Oklahoma Corporation Commission on Wednesday denied a request to limit the amount of oil that can be produced...

Business

Coronavirus in Oklahoma: Economic shut-down, restart stretches coin supply for banks, consumers

Don’t discount that jingle in your pocket or that jar of pennies in the corner of your closet. At least one Oklahoma bank has...

Business

Laredo Petroleum reports staff cut because of lower commodity prices

TULSA Laredo cuts staff Laredo Petroleum has announced it has reduced its staff by 22 employees because of lower oil prices...

Health

State officials recall raw milk linked to illness

State agricultural regulators have issued a statewide recall on raw milk produced by Swan Bros. Dairy Inc. of Claremore because...

Business

Mid-Con Energy Partners reports earnings of about $2.8 million

TULSA — Mid-Con Energy Partners earned a first-quarter 2020 net income of about $2.8 million, it recently reported. The...

Business

National, statewide organizations seek stimulus to aid the energy industry

Editor's note: This story has been clarified to explain how Oklahoma administers and pays for its well plugging program....

Business

Initial and continuing unemployment claims drop slightly in Oklahoma, nation

Data released Thursday by the U.S. Labor Department and the Oklahoma Employment Security Commission showed the COVID-19...

Business

One company's plans to harvest 'rare earth materials' earned it 2020's 'most promising new business' award by the Oklahoma Venture Forum

Oil and gas aren’t the only valuable commodity wells can recover. Rare earth materials are often found suspended in saltwater...

Business

Williams plans solar deployments to improve its environmental profile, cut costs

TULSA — Williams is adopting a sunny disposition. The company announced earlier this month it intends to develop multiple solar...

Health

The Oklahoma Employment Security Commission continues to work through issues, director says

The interim director of the Oklahoma Employment Security Commission said Monday the agency continues to make progress on...

Business

Mammoth Energy Services obtains internal report that states its selection to repair Puerto Rico's electrical grid was 'reasonable'

Investors cheered Tuesday after Mammoth Energy Services released a detailed, third-party evaluation of its work in Puerto Rico...

Business

New York Stock Exchange halts, restarts trading on Chesapeake shares

The New York Stock Exchange halted trading of Chesapeake Energy Corp. stock on Tuesday morning, before allowing trading on its...

Business

Enverus rolls out software to support oil, gas operators

Hard work begins for oil and gas developers long before a rig spuds a well. Any proposed project must include a spacing unit...

Business

Mid-Con Energy reorganization claims top executive, board members as the company prepares for the future

TULSA — The top executive and board members at Mid-Con Energy Partners are out after a restructuring of the company’s...

Business

Shareholders show support of Devon Energy's 2019 incentive pay program for top executives

Unofficial results from Devon Energy’s annual meeting this week show 61% of votes cast by shareholders supported a non-binding...

Business
Video

Unemployment in most metro areas tops 15%, data shows

April’s unemployment rates in three out of four of Oklahoma’s largest metropolitan areas nearly reached or exceeded 15%,...

Business

A divided Corporation Commission keeps order allowing voluntary well closures to prevent crude oil waste

A majority of elected members of the Oklahoma Corporation Commission decided Wednesday to continue allowing operators to...

Business

Templar Energy seeks Chapter 11 bankruptcy

Oklahoma City-based Templar Energy — a company started and grown but no longer owned by David Le Norman, chairman of the...

Business

OKC-based Gulfport Energy announces pay cuts, more changes

Gulfport announces pay cuts, furloughs Oklahoma City-based Gulfport Energy announced this week its employees are taking tiered...

Business

NGL Energy Partners posts annual loss of $585.2 million, while Laredo Petroleum completes reverse stock split

TULSA — NGL Energy Partners reported this week it lost $585.2 million during its fiscal year that ended March 31. Meanwhile,...

Business

Petroleum Alliance of Oklahoma's Brook Simmons is excited about the energy industry's future

Optimism and a stoic ability to plan for the future are key attributes of oil and gas executives. Brook A. Simmons, who became...

Business
Video

OESC Interim director claims progress on unemployment claims, but won't clarify how much

The interim director of the Oklahoma Employment Security Commission said Monday the agency is making progress on clearing a...

Business

Coronavirus in Oklahoma: State natural gas producers benefitting from market changes, local and federal analysts say

Natural gas consumption may be headed lower, but prices aren’t. The main culprit is the demand shock caused by the COVID-19...

Business

One down, one to go: Mammoth Energy Services clears a hurdle to stay listed on Nasdaq

One Oklahoma energy company has managed to stay on a major stock exchange without having to undertake a reverse stock split....

Health

Coronavirus in Oklahoma: Initial unemployment claims decline for third week in a row

The numbers of Oklahomans who filed initial claims for unemployment insurance compensation last week fell slightly, compared to...

Business

Unit Corp. files for bankruptcy as energy firms continue to battle unprecedented conditions

The energy pricing shock caused by an economic shutdown because of the COVID-19 pandemic is sending energy companies — both big...

Business

On executive pay questions, Devon fights back

A proxy advisor recommends Devon Energy shareholders vote against a non-binding question at this year’s annual meeting that...

Business

Shining Cities 2020 shows Oklahoma City solar deployment grew in 2019

Count Oklahoma City as a “solar builder.” Shining Cities 2020, an annual report released by Environment America and the...

Business
Video

Coronavirus in Oklahoma: Gasoline prices push higher as demand begins to return, AAA reports

Gas prices for drivers across Oklahoma and the nation climbed over the past week. Nationally, the average cost of a gallon of...

Business

Mammoth Energy Services loses board member after reporting disagreement

Mammoth Energy Services announced this week that it and a board member have parted ways over a disagreement about whether the...

Business

Coronavirus in Oklahoma: State cooperatives see surging delinquencies as disconnect moratorium continues

The economic collapse caused by the coronavirus pandemic isn't just impacting urban residents, it's also is devastating...

Health

Coronavirus in Oklahoma: Initial claims for unemployment down, but number of unresolved claims remains substantial

Far fewer Oklahomans filed initial claims for unemployment insurance compensation last week than the week before. Numbers...

Business

Coronavirus in Oklahoma: Energy chemicals supplier pivots operation to meet sanitizer demand

Big problems aren’t insurmountable. One Oklahoma City-based oil-field chemicals supplier on the verge of shutting its doors...

Business
Video

Coronavirus in Oklahoma: Continental Resources’ Harold Hamm applauds CFTC advisory that warns oil market players to behave

Continental Resources’ executive chairman is applauding a regulatory advisory issued this week encouraging players in the...

Business

Ascent Resources Utica Holdings, Chaparral Energy manage to earn first-quarter 2020 net incomes

Two Oklahoma City-based energy companies reported this week they earned first-quarter 2020 net incomes. Ascent Resources Utica...

Business

Oil waste decisions left to operators, for now

Elected members of the Oklahoma Corporation Commission decided to leave in place an emergency order allowing operators to...

Business

Continental Resources details impact on its bottom line from global demand decline for crude oil

Continental Resources cited a 30% drop in the global demand for oil as a significant factor in a loss it posted for its first...

Business

Mammoth Energy Services posts first-quarter loss, but looks toward the future

Mammoth Energy Services posts first-quarter loss Mammoth Energy Service officials said this week growing business opportunities...

Business

Chesapeake runs out of alternatives, considers bankruptcy, after losing more than $8 billion in the first quarter of 2020

Chesapeake Energy Corp. announced in a filing it made with regulators Monday that bankruptcy is on the table after posting a...

Business

Corporation Commission adopts oil, utility measures to address pandemic concerns

The Oklahoma Corporation Commission on Thursday adopted an emergency rule that aims to regulate how and where crude is stored...

Business

Oklahoma's rig count falls to 13

Rig count falls to 13 Baker Hughes reported Friday that Oklahoma’s working number of rigs fell to 13 this week, and an energy...

Business

Coronavirus in Oklahoma: Another record number of unemployment claims were filed by Oklahomans last week, data shows

Yet another record number of people filed initial claims for unemployment insurance compensation last week, the Oklahoma...

Business

Panhandle Oil and Gas posts loss, while AAON posts record sales

Oklahoma City-based Panhandle Oil and Gas posted a loss of nearly $20 million in the first quarter of 2020, while Tulsa’s AAON,...

OG&E
BrandInsight

OGE Energy’s Enable Midstream ownership pushes its first-quarter results into negative territory

A sizable goodwill impairment charge related to OGE Energy’s ownership in Enable Midstream Partners pushed its first quarter...

Business

Laredo Petroleum, WPX Energy and Matrix Service Co. detail virus’ impacts on their earnings

TULSA — Three energy companies that posted quarterly earnings after markets closed Wednesday detailed their ongoing responses...

Health

Coronavirus in Oklahoma: Devon’s CEO highlights company’s strengths in first-quarter results, despite demand shock impact on the company’s bottom line

Devon Energy posted a net loss of about $1.8 billion for the first quarter of 2020. But don’t be misled by that number, its top...

Business

Oklahoma's annual wheat harvest on par for an average year, if weather cooperates

The amount of wheat expected to be harvested this year is a little less than what was predicted in 2019. However, the predicted...

Business

Enable Midstream Partners remains positive as it deals with virus impacts on the energy industry

Lower volumes offset by higher commodity prices affected Enable Midstream Partners’ first-quarter results, company officials...

Health
Video

Coronavirus in Oklahoma: State residents have claimed hundreds of millions in unemployment cash assistance

More than 75,000 suspicious submissions involving unemployment insurance compensation requests made to the Oklahoma Employment...

Health
Video

Coronavirus in Oklahoma: State, local officials create site to help businesses find needed PPE from Oklahoma suppliers

Businesses looking to reopen are needing to stock up on personal protective equipment, and at least some in Oklahoma City are...

Health

Coronavirus in Oklahoma: Farmers and ranchers carry on as they face added coronavirus-based challenges

Farmers and ranchers deal with catastrophic droughts, floods and fires carrying a life-sustaining optimism they share with us...

Health

Coronavirus in Oklahoma City: Business offering healthy common workspace reopens

Could you use a work environment that’s free of noise, other types of distractions and toxins? If so, Workflow Coworking and...

Business
Video

Coronavirus in Oklahoma: Unemployment rate continues to climb

Numbers of people initially filing for unemployment insurance benefits week-to-week continues to decline, data reported by the...

Business

Coronavirus in Oklahoma: Operators, others hope to develop proposed remote oil storage rule

Oklahoma’s oil and gas operators asked the Oklahoma Corporation Commission on Thursday to spend additional time developing an...

Business

Coronavirus in Oklahoma: Mammoth Energy Services given additional time by Nasdaq to correct stock deficiency before potential delisting, filings show

Call it a silver lining. Nasdaq is offering one to an Oklahoma City-based energy company whose stock is in danger of being...

Business

Producers have too much crude oil. Where do they put it?

Abundant supplies of crude oil have regulators pondering how and where it should be stored at off-lease locations. On Thursday,...

Business

Coronavirus in Oklahoma: SandRidge senior executives latest employees to be let go

Some SandRidge senior execs to be let go SandRidge Energy will separate seven additional employees from its Oklahoma City...

Business

Coronavirus in Oklahoma: Virus-caused commodity turbulence throws ONEOK to a loss

TULSA — Publicly traded energy companies that move natural gas from wells through processing plants and ultimately to customers...

Business

Coronavirus in Oklahoma: Regulators allow voluntary well shut-ins

To prevent waste, oil and gas regulators in various oil-producing states have been asked to consider orders requiring operators...

Business
Video

Coronavirus in Oklahoma: Virus-caused demand drop sends oil value negative

Producers of crude oil in Oklahoma and across the nation experienced the unthinkable April 20 when futures prices on contracts...

Health

Outlook 2020: Opportunities Industrialization Center of Oklahoma County executive director sees education as key to help less fortunate

DesJean Jones is executive director of the Opportunities Industrialization Center of Oklahoma County. Big sister Tammy...

Health

Outlook 2020: Edmond hospital executive strives to work with community to meet future needs

EDMOND — Positive community impact is a beautiful thing. Avilla Williams, president of Integris Health Edmond, hopes to leave...

Business

Coronavirus in Oklahoma: Expedited manufacturing in Oklahoma helping to save lives nationally

TULSA — The Greenheck Group is expediting efforts to meet increased COVID-19 related demands for its air handling products, and...

Business
Video

Coronavirus in Oklahoma: 'Our job is to serve those who serve Oklahomans'

Technological and human resources matter when it involves a government’s ability to respond to a crisis situation. Nowhere is...

Business
Video

Coronavirus in Oklahoma: Idled workers continue to flood state’s unemployment system, data shows

Data released Thursday by the U.S. Labor Department show 48,977 Oklahomans filed initial claims for unemployment last week....

Business

Assets owned by bankrupt Alta Mesa Holdings and Kingfisher Midstream acquired by Mach Resources, Bayou City Energy Partners

Assets belonging to bankrupt players in Oklahoma’s STACK play were acquired this month by Tom Ward’s Mach Resources and its...

Business

Coronavirus in Oklahoma: Agency that handles unemployment insurance updates efforts

The Oklahoma Employment Security Commission is ramping up efforts to add customer service assistants who can handle...

Business
Video

Coronavirus in Oklahoma: Power needs decline, flatten across the nation as people adjust to working remotely

Demand placed on electric grids serving most of the nation declined in March. But what that means for utilities and other types...

Business

Coronavirus in Oklahoma: Gov. Stitt joins other governors seeking waiver of renewable fuel blending requirements

Governors from five states including Oklahoma are asking Environmental Protection Agency Administrator Andrew Wheeler to issue...

Business

Devon Energy could make less (or more) from restructured deal to sell its Barnett Shale field holdings

Devon Energy has restructured a planned sale of its Barnett Shale assets and extended the closing date with the potential...

Business

Coronavirus in Oklahoma: Tulsa bank offers customers overdraft protection while they wait for stimulus payments

An Oklahoma banker who also is the state’s secretary of commerce and workforce development unveiled a program to help his...

Business
Video

Coronavirus in Oklahoma: OESC adds capacity to handle heavy volume of claims

The state agency responsible for administering Oklahoma’s unemployment insurance program continued to bolster its operations...

Business

Chesapeake Energy approves one-for-hundreds reverse stock split

Chesapeake Energy Corp. shareholders voted Monday to approve the company’s plan to execute a one-for-hundreds reverse stock...

Business

Outlook 2020: 'Just start and be OK with things progressing with time,' Watkins-Conti says

Name: Allison Watkins-Conti, 39, founder and CEO of Watkins-Conti Products Inc., creator of Yōni.Fit. Career highlights:...

Business

Coronavirus in Oklahoma: Oklahoma Energy Producers Alliance asks Corporation Commission for oil production cuts

The Oklahoma Corporation Commission was asked Friday to require operators curtail oil production in the state until markets...

Business

Coronavirus in Oklahoma: Unemployment claims climb again, federal and state data show

The U.S. Department of Labor reported Thursday that 51,124 Oklahomans filed initial claims for unemployment during the week...

Business

SandRidge Energy hires fifth CEO since bankruptcy as it looks to survive current energy bust

An oil and gas executive who took a public, independent energy producer through a bankruptcy and recent sale is now the CEO at...

Business

Coronavirus in Oklahoma: Public Service Co. of Oklahoma seeks to lower customers' bills, thanks to lower natural gas costs

TULSA − Public Service Co. of Oklahoma has been paying less than planned for natural gas used to help generate electricity. The...

Business

SandRidge announces the death of an Icahn-backed board member in regulatory filing made this week.

A member of SandRidge Energy’s board of directors who joined the company in 2018 as a Carl Icahn-backed nominee died earlier...

Business

Coronavirus in Oklahoma: Virtual town hall to address Oklahomans' unemployment compensation questions

There is no shortage of Oklahomans who have either been laid off, forced to take furloughs or close their businesses because of...

Business

Coronavirus in Oklahoma: Global demand slowdown, market war continues to weigh on Oklahoma's energy industry

Oklahoma set a new 21st-century low for numbers of working rigs in the state last week as the industry continues to retract....

Health
Video

Coronavirus in Oklahoma: Tens of thousands file for unemployment in one week

Nearly 69,000 Oklahomans filed initial claims for unemployment compensation during the week ending April 4. The estimate is a...

Business

Laredo the third oil/gas company seeking reverse stock split in 2020

The number of Oklahoma-based oil and gas producers that have conducted or plan reverse stock splits to keep their shares active...

Business

Coronavirus in Oklahoma: Reported talks boost crude prices, but Oklahoma producers want more done

Oil prices rallied Thursday into Friday after President Donald Trump tweeted that Russia and Saudi Arabia are considering...

Business

Coronavirus in Oklahoma: U.S. Labor Department releases summary of unemployment benefits for workers idled by virus

The U.S. Department of Labor issued states and territories a summary of unemployment insurance benefit expansions included in...

Business

Coronavirus in Oklahoma: Unemployment claims shatter records, again

Initial claims for unemployment insurance skyrocketed for a second consecutive week in Oklahoma and across the nation as the...

Business
Video

Coronavirus in Oklahoma: Funds coming to assist gig workers, independent contractors idled by the pandemic

Federal dollars to help gig economy workers and independent contractors idled by the new coronavirus pandemic are headed to...

Business
Video

Coronavirus in Oklahoma: Online, please? Agency responsible for unemployment compensation asks applicants to use website to file claims

Heavy volumes on both the online and phone systems used by the Oklahoma Employment Security Commission to process unemployment...

Business
Video

Coronavirus in Oklahoma: Alliance Resource Partners shuts coal mines after seeing slump in demand for energy

TULSA — Alliance Resource Partners is temporarily closing coal mines in Illinois, Indiana and western Kentucky in response to a...

Business
Video

Coronavirus in Oklahoma: Devon Energy cuts its capital expenditure plan again as pandemic continues

Devon Energy is cutting another $300 million from its capital expenditures plans for 2020. Officials announced Monday the...

Business
Video

Unofficial tally: Nearly 45,000 Oklahomans file for unemployment insurance

About 45,000 Oklahomans applied for unemployment compensation during the week ending March 28. That preliminary estimate was...

Business

Coronavirus in Oklahoma: Energy demand drop, oil price war and virus crippling Oklahoma economy

Businesses large and small continue to scale back or shut their operations as the coronavirus spreads across the United States....

Business
Video

Coronavirus in Oklahoma: Last week's record high for unemployment claims already eclipsed through three days this week

A record-breaking number of Oklahomans and people across the nation filed initial claims for unemployment insurance last week....

Business
Video

Coronavirus in Oklahoma: Beef scarcity should ease as consumer demand falls and distribution system adjusts

Consumers looking for beef at their local grocer the past couple weeks probably wondered why it's so hard to find. Plenty of...

Business

Coronavirus in Oklahoma: Oklahoma Employment Security Commission confirms record set for initial unemployment claims last week

The Oklahoma Employment Security Commission set a record for unemployment claims during the week ending March 21, it confirmed...

Business
Video

Coronavirus in Oklahoma: Department of Labor tells states to limit information provided regarding unemployment

As unemployment insurance claims spike across the nation, the U.S. Department of Labor is instructing state agencies to limit...

Business

Gasoline cost dips to 99 cents a gallon at some Oklahoma City retailers

When it comes to fuel prices, Oklahoma can’t be beat. AAA showed on its website Tuesday that Oklahoma had the lowest average...

Business

Coronavirus in Oklahoma: Utilities and companies that provide Oklahomans with electricity, natural gas and some phone services are suspending disconnects,...

Companies that provide Oklahomans with electrical, natural gas and phone services in some rural areas have been working with...

Business

Coronavirus in Oklahoma: Bankers seek guidance from regulators as they develop ways to help their customers

The Oklahoma Banking Department issued guidelines Monday to help bankers provide for customers affected by the new coronavirus....

Business
Video

Coronavirus in Oklahoma: Truck drivers get recognized for the work they are doing to help keep the nation running

America just keeps on trucking. Cole Stevens, vice president of sales for Stevens Trucking in Oklahoma City, said demands for...

Business

Coronavirus in Oklahoma: Shoppers can still find places to browse, if they are willing

Want to join a crowd? While many Oklahoma businesses that normally welcome large gatherings of people like movie theaters and...

Business

WPX Energy cuts capital expenditures budget by 25% to preserve cash flow

TULSA — WPX Energy announced this week it is reducing its planned capital expenditures for 2020 by $400 million. That equates...

Business

Coronavirus in Oklahoma: State ready financially for unemployment claims

If you are about to seek unemployment insurance assistance from the Oklahoma Employment Security Commission, take comfort in...

Business
Video

Coronavirus in Oklahoma: Devon Energy confirms positive test for employee

Devon Energy confirmed Wednesday one of its employees who works at the Devon Energy Center in Oklahoma City tested positive for...

Health
Video

Coronavirus in Oklahoma: Laid off during outbreak? Oklahoma offers assistance to idled workers

If you are a part-time or full-time worker at a business that has been idled because of a temporary closure or scale-back in...

Business
Video

U.S. Small Business Administration declares a coronavirus disaster in 24 Oklahoma counties

Businesses in 24 Oklahoma counties soon will be able to seek federal low-interest disaster loans to obtain working capital as...

Business

Devon Energy joins other companies to announce capital expenditure cuts as oil price war, demand worries grow

The U.S. Energy Information Administration is already predicting a production decline in crude domestically in 2021. The...

Business

Chaparral says assets value change led to an annual loss of $469 million in 2019

A changing energy market is hitting Oklahoma’s exploration and production companies in different ways, and Chaparral Energy...

Business

ONEOK trims a half billion in expenditures for 2020

TULSA — ONEOK is cutting its expected capital expenditure plans for 2020 by a half-billion dollars. The company now plans to...

Business

Energy producers hurting more than midstream businesses amid market slump

While trends involving stocks for Oklahoma-based companies evolve over time, periods of market stress tend to make those trends...

Business

Tulsa company completes $2.5 billion deal ahead of schedule

TULSA — WPX Energy and privately held Felix Energy closed a $2.5 billion deal ahead of schedule this month combining the two...

Business

Chesapeake Energy to ask shareholders for potential one-for-hundreds reverse stock split

Efforts to improve Chesapeake Energy Corp.'s low stock price and prevent a potential delisting from the New York Stock Exchange...

Business

Global events affecting Oklahoma oil industry

A steep drop in the price for crude oil can be blamed on many global factors, but the effects will be felt close to home for...

News

Oil price slide could slam state government funding

Pandemic fears and a global energy war are poised to wreak havoc on Oklahoma’s oil and gas industry and in turn could cripple...

Business

Scrap metal items regulated by Oklahoma law

Currently regulated scrap metal materials that can only be sold to Oklahoma recyclers by persons authorized by state law...

Business

Scrap metal theft can prove dangerous and costly, but legislative action may be on the horizon

Eden Badgett, a musician and the church’s musical director, remembered how she and her colleagues showed up for worship...

Business

3.4-magnitude earthquake disrupts Continental Resources well completion

Continental Resources suspended efforts to complete a well Thursday night after a 3.4-magnitude earthquake happened nearby. The...

Business

Oklahoma Corporation Commission adopts more restrictive proration order for unallocated natural gas wells

A majority of elected members of Oklahoma’s Corporation Commission voted Thursday to limit how much natural gas is produced by...

Business

Mid-Con Energy Partners will conduct a reverse split to keep its stock on NASDAQ

TULSA — Mid-Con Energy Partners announced this week it will conduct a one-for-10 reverse split on its stock after markets close...

Business

Backers of renewable energy highlight industry's growth at Capitol event Tuesday

Oklahoma’s use of wind energy to generate electricity continues to increase. A record 40.2% of all state’s generated energy in...

Business

Gulfport investor Firefly Value Partners puts forward candidates to join the oil and gas company's board of directors

Firefly Value Partners announced Monday it intends to nominate two people for Gulfport Energy Corp.’s board of directors later...

Business

Senators seek appeal of 10th Circuit ruling faulting the EPA's renewable fuels blending exemption program

A group of U.S. Senators are upset with a court's decision regarding renewable fuel blending. Refiners across the nation are...

Business

Mammoth Energy Services posts annual loss after internal issues

While Mammoth Energy Services Inc. and the oil and gas industry it services had a down year in 2019, its top executive says the...

Business

Gulfport Energy writes down value of oil, gas assets in 2019, report shows

An expensive write-down contributed to big losses on the year for Gulfport Energy. After markets closed Thursday, the company...

OG&E
BrandInsight

OGE Energy's earnings grow

OGE Energy’s 2019 earnings surged. In a report issued before markets opened Thursday, the company reported it earned a 2019...

Business

Chesapeake plans reverse stock split, removes 'ongoing concern' language from regulatory report

Chesapeake Energy intends to conduct a reverse stock split in an attempt to keep its shares trading on the New York Stock...

Business

Continental Resources dominated oil production in Bakken and Oklahoma fields

Continental Resources led the way in oil production during 2019 in Oklahoma and in North Dakota’s Bakken Shale field. In an...

Business

Chesapeake stock tumbles on earnings release

While Chesapeake Energy isn’t wavering on its plans, its investors are. The Oklahoma City energy company's stock, traded on the...

Business

SandRidge posts biggest loss in years for 2019

SandRidge Energy lost nearly a half-billion dollars in 2019, the company reported Wednesday after markets closed. In an...

Business

ONEOK results stronger, thanks to performance upgrades

TULSA — ONEOK is cooking with gas. In earnings results the company posted this week, the company reported an 11% increase in...

Business

Oklahoma Gas and Electric partners with Chickasaw and Choctaw Nations to generate additional solar power

Solar energy's outlook continues to brighten in Oklahoma. On Tuesday, Oklahoma Gas and Electric Co. and the Chickasaw and...

Business

LSB hopes for improved results this year, compared to 2019

LSB Industries' top executive expects 2020 will be better for the company. Mark Behrman, LSB Industries’ CEO, noted in an...

Business

OG&E hopes a higher electric bill now could save consumers money in the future

Are you willing to pay a higher electrical bill to improve the reliability of your service? If that answer is no, Oklahoma Gas...

Business

Ascent Resources boosts daily production while slashing expenditures by more than half

Ascent Resources got more as it spent less in 2019. The company's average daily production climbed 45%, year-over-year, to...

Business

Turnaround year at Williams as investors see fourth quarter, annual growth at Williams

TULSA — Williams announced this week it delivered significant growth in value to its investors year-over-year through its...

Business

Billion dollar savings blowing in as Public Service Co. of Oklahoma gets approval to add wind

Oklahomans are projected to save more than $1 billion in electric costs over the next three decades through a plan by Public...

Business

ONE Gas revenue results warmed by better rates, customer counts

A rate increase in Kansas and customer growth in Oklahoma and Texas pushed quarterly earnings higher for ONE Gas, a company...

Business

Enable Midstream Partners lowered its fourth-quarter net income to account for expected slowdown in Anadarko Basin

Enable Midstream Partners said lowered forecasts for cash flow, commodity prices and expected productivity from customers...

Business

Drink it up: Oklahoma Water Resources Board adopts rules allowing for 'marginal' water production to benefit oil and gas industry now and potentially ease...

Oklahomans are about to gain access to additional groundwater that can be used for industrial, commercial, agricultural and (to...

Business

Devon Energy posts $642 million fourth quarter net loss tied to sale of natural gas asset but grows oil production

Devon highlighted growing oil production rates and announced it expects to see per-share growth during the coming year as it...

Business

Lesser Prairie Chicken program undergoing changes

The Western Association of Fish and Wildlife Agencies promotes the region’s outdoorsman lifestyle. It also helps manage various...

Business

Chesapeake Energy stock settles at lowest value in 26 years Thursday

The stock for Oklahoma-based Chesapeake Energy closed at its lowest value in 26 years on Thursday at 48.5 cents a share. The...

Business

Laredo Petroleum posts net losses for quarter, year

TULSA — Laredo Petroleum’s top executive declared its efforts to reward investors a success on Wednesday as the company...

Business

Southern Power energizes Ouachita Mountains wind farm in southeastern Oklahoma

Wind energy has made its way deep into the heart of Oklahoma’s Little Dixie. On Tuesday, Southern Power announced that its...

Business

Legislators propose measure to promote the use of solar as an alternative energy source in Oklahoma

Bills before Oklahoma legislators this session propose to define relationships between utility customers, companies that sell...

Business

Tank failure reported early Saturday at Chesapeake well in the Eagle Ford Shale field

Chesapeake Energy Corp. said Monday it is investigating a tank failure early Saturday at one of its producing locations in...

Business

NGL Energy Partners posts net income results for its third quarter

TULSA — NGL Energy Partners on Thursday posted a positive third-quarter net income for its 2020 fiscal year as its leadership...

Business

Matrix swings to loss on year-over-year results for second quarter

TULSA — Matrix Service Co.’s second-quarter earnings for fiscal 2020 swung to a loss year-over-year after taking some non-cash...

Business

Oklahoma hires vendor to help it update its energy assurance plan

Oklahoma is the third-most disaster prone state in the nation. That comes from the U.S. Federal Emergency Management Agency,...

Business

Panhandle Oil and Gas reports lower first-quarter net income, year-over-year

Lower production rates and lower commodity prices impacted first-quarter earnings for Panhandle Oil and Gas, the company...

Business

Chesapeake, others face more legal action after fatal well blowout and fire in the Eagle Ford Shale field

The daughter of a worker who died because of a fire at a Chesapeake Energy well in Texas on Jan. 29 seeks more than $1 million...

Business

SandRidge announces plan to cut more than half of remaining OKC workers

SandRidge Energy announced Tuesday it plans to lay off more than half the workers it still has in Oklahoma City. Notifications...

Business

Oklahoma Academy evaluates Oklahoma's role as an energy leader and makes recommendations to state leaders

Undoubtedly, Oklahoma is an energy leader. But more should be done to keep Oklahoma in a leading role by creating programs and...

Business

Chesapeake announces third fatality in Texas well accident

A third worker has died after a fire at a Chesapeake Energy well in Texas on Wednesday, the company reported Monday morning....

Business

Operators of vertical wells hold pre-session briefing for Oklahoma legislators

A group representing Oklahoma vertical well operators are reminding Oklahoma House and Senate members they continue to back...

Business

Ovintiv briefs analysts on Anadarko results after a year

One of Oklahoma’s largest Anadarko Basin operators told analysts it has no complaints about the basin’s 2019 results....

Business

Chesapeake Energy reports second contractor's death after Eagle Ford Shale well accident

A second worker has died after a fire at a Chesapeake Energy well in Texas on Wednesday, the company reported Friday...

Business

Megallan Midstream reports weaker net income for fourth quarter, year over year

TULSA — Market-to-market commodity-related adjustments pushed Magellan Midstream Partners’ net income lower in the final...

Business

Deadly fire at Chesapeake well extinguished, company reports Thursday

A fire at a Chesapeake Energy well that left one worker dead and at least three others hurt was out before sundown on...

Business

All clear given for evacuation after Woodward hydrogen chloride leak

WOODWARD — Emergency management officials issued an all-clear Thursday afternoon for people to return to their homes and...

Business

Mach Resources, partner, pick up valuable assets in the STACK through bankruptcy sales

Assets belonging to bankrupt players in Oklahoma’s STACK play are being acquired for $320 million by Tom Ward’s Mach Resources...

Business

Chesapeake Energy outlines fourth-quarter oil production gain and cost decline

Chesapeake Energy Corp. officials said Wednesday the company nudged oil production higher and held costs in check during the...

Business
Video

Pittsburg County jury holds mud company partly responsible for fatal blowout two years ago

McALESTER — A jury has determined a company supplying mud services as part of a drilling operation two years ago near Quinton...

Business

Women's Energy Network Oklahoma chapter celebrates five years as part of its first monthly learning event

A time of need is a good time indeed for at least one organization that supports professional women working in Oklahoma’s...

Business

Report evaluates how poor pricing could stunt continued growth of domestic oil production

Expect to see a continued difference between what a barrel of Brent crude gets on the open market, compared to a barrel of West...

Business

Appeals court orders the U.S. Environmental Protection Agency to revisit blending exemptions issued to small refineries in OK, Wyoming and Utah

Recent renewable fuel standard exemptions the U.S. Environmental Protection Agency issued to several small refineries,...

Business

Engineers, renewable enthusiasts at Oklahoma renewable energy conference discuss advantages, challenges associated with newest technologies

Regulators are going to have to catch up with developers who are installing cutting-edge battery storage technology in Oklahoma...

Business

Proposals to limit production from Oklahoma natural gas wells made to regulator

Oklahoma is one gassy place. Up for debate is a question about whether the state’s 8 billion cubic feet per day of production...

Business

Oklahoma Corporation Commission considers how tight budget year might impact upgrade efforts

Current revenue projections for Oklahoma’s upcoming state budget and Gov. Kevin Stitt’s efforts to get state agencies that...

Business

Gulfport Energy agrees to pay a fine and to make production upgrades at 17 Utica Shale locations after Clean Air Act violation accusations

The U.S. Environmental Protection Agency announced Wednesday it has reached an agreement to end an enforcement action against...