• Official sees tie between gas project, referendum

    Updated: Tue, Jul 15, 2014

    JUNEAU, Alaska (AP) — The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker. In an interview, manager Steve Butt said the state and companies that hold leases have a shared interest in making money off the resource. He said if decisions are made that benefit one party at the expense of another, it compromises the project. Butt said he didn't want to be an alarmist and declare the project would be killed if voters overturn the oil tax cut championed by Gov. Sean Parnell and approved by lawmakers last year.

  • Chesapeake subsidiary sells assets for $135 million

    By Jay F. Marks, Business Writer | Updated: Mon, Jul 14, 2014

    Chesapeake Energy Corp. continues to narrow its focus, with a $135 million deal to move it out of the large-scale natural gas compression business.

  • Oklahoma business briefs for July 15

    Published: Tue, Jul 15, 2014

    White Cliffs to double pipeline size between Denver Julesburg Basin and Cushing

  • Oil and gas, livestock prices for July 15

    Published: Tue, Jul 15, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $97.50 Oklahoma Sour: Sunoco Inc. — $85.50 Oklahoma oil and gas drilling activity posted June 25: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Morgan 2811 No. 4-26H Well; NW1/4 NE1/4 NW1/4 NE1/4 (BHL) of 26-28N-11W; 787 barrels oil per day, 1,210,000 cu-ft gas per day; TD 9,940. SandRidge Exploration & Production LLC; Schroeder Trust 2712 No. 1-24H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 24-27N-12W; 2,368,000 cu-ft gas per day, 97 barrels oil per day; TD 10,042. Canadian: Devon Energy Production Co. LP; Bessie 6-13N-9W No.

  • Natural gas prices slide on improved storage levels

    By Adam Wilmoth, Energy Editor | Published: Tue, Jul 15, 2014

    After 12-straight weeks of above-average natural gas storage gains, prices are slipping along with concern about possible shortages this winter.

  • Oklahoma Corporation Commission gets ready for public input on wind, solar issues

    BY PAUL MONIES, Business Writer | Updated: Sat, Jul 12, 2014

    Staff at the Oklahoma Corporation Commission are finalizing details on a proposed notice of inquiry to gather public comments on industrial wind farm developments. The meetings also will include suggestions on how to establish a new customer class for electric utilities for users of rooftop solar panels or small wind turbines.

  • Oil and gas, livestock prices for July 12

    Published: Sat, Jul 12, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $97.25 Oklahoma Sour: Sunoco Inc. — $85.25 Oklahoma oil and gas drilling activity posted June 24: COMPLETION Garfield: Longfellow Energy LP; Markes No. 12-M1H Well; SE1/4 SW1/4 SW1/4 SW1/4 (SL) of 01-20N-06W; 103 barrels oil per day, 39,000 cu-ft gas per day; TD 11,650. Grant: Fairway Resources Operating LLC; Lebeda No. 1-12H Well; S1/2 S1/2 SE1/4 SW1/4 (SL) of 12-28N-06W; 555 barrels oil per day, 1,134,000 cu-ft gas per day; TD 9,950. Fairway Resources Operating LLC; Schultz No. 1-35H Well; NW1/4 NE1/4 NW1/4 NW1/4 (SL) of 35-28N-06W; 48 barrels oil per day, 457,000 cu-ft gas per

  • Inventor promotes solar panels for roads, highways

    By NICHOLAS K. GERANIOS, Associated Press | Published: Sat, Jul 12, 2014

    Panels are tough enough to withstand weight of vehicles, inclement weather, designer says. Storage of electricity remains a challenge, however.

  • Oklahoma City investors form partnership to buy assets of Crumbs Bake Shop

    BY DON MECOY, Business Editor | Published: Sat, Jul 12, 2014

    Dippin’ Dots owners form joint venture to buy company out of bankruptcy.

  • Oklahoma may reverse course on oil train shipment disclosures

    By Paul Monies, Business Writer | Updated: Fri, Jul 11, 2014

    After previously determining information should be withheld about trains carrying oil from North Dakota’s Bakken shale formation, Oklahoma officials want to revise confidentiality agreements they signed with the railroads.

  • University of Oklahoma researchers enhance heating, air condition systems' efficiency

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 11, 2014

    OU researcher Li Song has developed a low-cost method to reduce energy consumption in buildings.

  • Internet-controlled home, office devices could waste billions in energy

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 11, 2014

    With “smart,” Internet-controlled devices, we can now use our phones to remotely control our stereos, televisions, thermostats, door locks, alarm systems, garage doors and even the lights throughout our homes. But a recent study from the International Energy Agency found the world’s 14 billion online electronic devices wasted about $80 billion in 2013 because of inefficient technology.

  • Oil prices continue to fall as supplies grow

    By PABLO GORONDI | Published: Fri, Jul 11, 2014

    The price of oil continued to fall Thursday, trading below $102 a barrel as the outlook for supply remained robust.

  • Oklahoma energy briefs, July 11, 2014

    From Staff Reports | Published: Fri, Jul 11, 2014

    Oklahoma energy briefs, July 11, 2014

  • Prosecutors plan appeal of Chesapeake decision

    Published: Fri, Jul 11, 2014

    Michigan prosecutors intend to appeal a judge’s decision to dismiss two antitrust charges against Chesapeake Energy Corp., Attorney General Bill Schuette said Thursday.

  • Oil and gas prices for July 11

    Published: Fri, Jul 11, 2014

    OIL AND GAS PRICES Oklahoma oil and gas drilling activity posted June 23: COMPLETION Alfalfa: Chaparral Energy LLC; Wessel No. 2H-1 Well; NW1/4 NE1/4 NW1/4 NE1/4 (SL) of 01-26N-12W; 97 barrels oil per day, 981,000 cu-ft gas per day; TD 10,150. Chesapeake Operating Inc.; Constantin 35-28-12 No. 1H Well; N1/2 N1/2 NE1/4 NW1/4 (SL) of 35-28N-12W; 3,400,000 cu-ft gas per day, 125 barrels oil per day; TD 10,070. Beaver: Chaparral Energy LLC; Boyd South SWD No. 1 Well; SW1/4 NE1/4 NE1/4 NE1/4 of 25-03N-20E; TD 3,053. Craig: Lester Hendrickson; Beta No. S-1 Well; NE1/4 SW1/4 NE1/4 of 01-27N-18E; TD 110. Garfield: Chaparral Energy LLC; Lee No.

  • Despite Mideast turmoil, oil prices continue to fall

    By JONATHAN FAHEY, Associated Press | Published: Thu, Jul 10, 2014

    The price of oil fell for the ninth straight day Wednesday as global supplies continue to flow despite unrest in the world’s most important oil-producing region.

  • Michigan judge drops two charges against Chesapeake

    By Adam Wilmoth, Energy Editor | Published: Thu, Jul 10, 2014

    A Michigan judge on Wednesday dismissed two of the three charges against Oklahoma City-based Chesapeake Energy Corp. over claims that the company conspired with Canadian oil company Encana Corp. to hold down lease prices in the state.

  • Oil and gas, livestock prices for July 10

    Published: Thu, Jul 10, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $98.75 Oklahoma Sour: Sunoco Inc. — $86.75 Oklahoma oil and gas drilling activity posted June 20: COMPLETION Garfield: Longfellow Energy LP; Markes No. 11-M4H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 02-20N-06W; 105 barrels oil per day, 1,473,000 cu-ft gas per day; TD 11,670. Grady: Quantum Resources Management LLC; Norge Marchand Unit No. 50-3 Well; NE1/4 SE1/4 NW1/4 SW1/4 of 27-07N-08W; 51 barrels oil per day, 47,000 cu-ft gas per day; TD 10,800. Grant: Plymouth Exploration LLC; Parrish No. 1-35H Well; SE1/4 SE1/4 SW1/4 SW1/4 (SL) of 35-25N-04W; 139 barrels oil per day, 475,000

  • U.S. Senior Open at Edmond's Oak Tree National gets help against heat from Trane air conditioning

    By Catherine Sweeney, Business Writer | Updated: Wed, Jul 9, 2014

    At the U.S. Senior Open at Edmond’s Oak Tree National, one of the world’s major golf championships for senior men, various temporary structures, such as bathrooms and a merchandise shop, feature air conditioning units that keep the environment dozens of degrees cooler than the air outside. Local forecasters predict temperatures near 100 degrees all week.