• Oil and gas prices for Jan. 23

    Published: Fri, Jan 23, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $42.75 Oklahoma Sour: Sunoco Inc. — $30.75 Oklahoma oil and gas drilling activity posted Jan 8: COMPLETION Alfalfa: Chesapeake Operating LLC; Buck 23-26-11 No. 1H Well; NE1/4 NW1/4 NE1/4 NW1/4 (SL) of 23-26N-11W; 38 barrels oil per day, 340,000 cu-ft gas per day; TD 10,480. Chesapeake Operating LLC; Hague 12-25-12 No. 1H Well; NE1/4 NE1/4 NW1/4 NW1/4 (SL) of 12-25N-12W; 93 barrels oil per day, 1,212,000 cu-ft gas per day; TD 10,555. Chesapeake Operating LLC; ILA 17-27-12 No. 1H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 17-27N-12W; 194 barrels oil per day, 1,745,000 cu-ft gas per

  • Former chairman files lawsuit against New Source Energy Partners

    By Jay F. Marks, Business Writer | Updated: Thu, Jan 22, 2015

    New Source Energy Partners LP is being sued by its former chairman, but it contends David Chernicky’s claims of fraud and negligence have no merit.

  • Apex will sell Kingfisher wind farm that drew opposition from some nearby landowners

    By Paul Monies, Business Writer | Updated: Thu, Jan 22, 2015

    Apex Clean Energy said Thursday it will sell a 298-megawatt wind farm under construction in Kingfisher and Canadian counties to a private equity firm.

  • Stillwater City Council rejects ban on drilling in city limits

    By Adam Wilmoth, Energy Editor | Updated: Thu, Jan 22, 2015

    City Attorney John Dorman was asked to develop a new recommendation that would prevent wells from being sited near homes, hospitals and other structures.

  • Plugging In briefs for Jan. 23, 2015

    Published: Thu, Jan 22, 2015

    Plugging In briefs for Jan. 23, 2015

  • Oil and gas, livestock prices for Jan. 22

    Published: Thu, Jan 22, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $44.25 Oklahoma Sour: Sunoco Inc. — $32.25 Oklahoma oil and gas drilling activity posted Jan 7: COMPLETION Alfalfa: Chesapeake Operating LLC; Leora 21-25-12 No. 1H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 21-25N-12W; 384 barrels oil per day 1270,000 cu-ft gas per day TD 10,710. Chesapeake Operating LLC; Tim 1-25-12 No. 1H Well; NE1/4 NW1/4 SW1/4 NW1/4 (BHL) of 01-25N-12W; 154 barrels oil per day 485,000 cu-ft gas per day TD 9,850. Midstates Petroleum Co. LLC; Glass 2512 No. 4H-18 D Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 07-25N-12W; 376 barrels oil per day 2,565,000 cu-ft gas per day

  • SandRidge focuses on drilling cost reductions amid falling oil prices

    By Adam Wilmoth, Energy Editor | Published: Thu, Jan 22, 2015

    Falling oil prices have hurt the stock prices of many oil companies recently, including Oklahoma City-based SandRidge Energy Inc. Company officials say the producer is in good shape to weather an uncertain environment.

  • Kinder Morgan to buy Oklahoma-based Hiland Partners in $3 billion deal

    By Jay F. Marks, Business Writer | Published: Thu, Jan 22, 2015

    Enid, Oklahoma-based Hiland Partners is set to be acquired by energy infrastructure giant Kinder Morgan Inc. for about $3 billion.

  • Energy companies expect to cut spending, jobs in coming year in Oklahoma

    By Brianna Bailey, Business Writer | Updated: Wed, Jan 21, 2015

    On average, energy companies in the region say they need crude oil prices of about $79 a barrel to make a profit.

  • Oil and gas, livestock prices for Jan. 21

    Published: Wed, Jan 21, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $42.75 Oklahoma Sour: Sunoco Inc. — $30.75 Oklahoma oil and gas drilling activity posted Jan 6: COMPLETION No postings. INTENT TO DRILL Alfalfa: SandRidge Exploration & Production LLC; Tava 2411 No. 2-3H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 03-24N-11W; TD 11,950. Carter: Burton Paul LLC; Daube Ranch No. 13-23 Well; SE1/4 SE1/4 SW1/4 NW1/4 of 23-02S-02W; TD 850. Custer: Mewbourne Oil Co.; Finkenbinder 11 DM No. 1HCG Well; NE1/4 NE1/4 NW1/4 NW1/4 (SL) of 11-15N-16W; TD 13,060. Garfield: Sk Plymouth LLC; OQuin No. 2-10H Well; N1/2 N1/2 NW1/4 NW1/4 (SL) of

  • Oklahoma business briefs for Jan. 21

    Published: Wed, Jan 21, 2015

    Oklahoma business briefs for Jan. 21, 2015

  • Gasoline prices increase in Oklahoma City

    Published: Tue, Jan 20, 2015

    The average price of gasoline in Oklahoma City increased nearly 3 cents over the past week to almost $1.79 a gallon Tuesday, according to GasBuddy.com.

  • Western Farmers Electric Cooperative signs deal for electricity from Grant County wind project

    By Paul Monies, Business Writer | Updated: Tue, Jan 20, 2015

    Western Farmers Electric Cooperative will take 50 megawatts of a 150-megawatt wind farm being built by Apex Clean Energy in north-central Oklahoma. Two Texas cooperatives signed a deal last year to take the other 100 megawatts of electricity.

  • Laredo Petroleum Inc. closing Dallas office and laying off 75 employees

    By Jay F. Marks, Business Writer | Updated: Tue, Jan 20, 2015

    Tulsa-based Lardeo Petroleum Inc. is cutting about 75 employees and closing its Dallas office as it continues to deal with low commodity prices.

  • Oklahoma tax incentives for oil and gas production continue to be debated

    By Paul Monies, Business Writer | Published: Tue, Jan 20, 2015

    The Oklahoma Policy Institute said tax incentives for horizontal drilling will result in $516 million less in state revenues in the current fiscal year. The state’s two major oil and gas associations disputed the figures and said an increase in oil and gas production benefited Oklahoma in the form of higher tax revenues from gross production, income and sales taxes.

  • Former oil exec: $5-a-gallon gas on the way

    Published: Tue, Jan 20, 2015

    John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012, but never went higher, USA TODAY reports. Now, with national gasoline prices currently averaging $2.05 a gallon, their lowest level since early 2009, the former president of Shell Oil 06is issuing another warning, telling motorists that their joy ride may end sooner than they think. "The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next," Hofmeister told me the other day after a trip to Calgary, where he was promoting natural gas as a transportation fuel.

  • American Energy hires former Chesapeake exec to lead affiliate

    FROM STAFF REPORTS | Published: Mon, Jan 19, 2015

    David C. Shiels will be chief executive officer of American Energy-Midstream.

  • Environmental Protection Agency's plan to crack down on Texas coal plant emissions draws support in Oklahoma

    By Paul Monies, Business Writer | Updated: Sun, Jan 18, 2015

    The Environmental Protection Agency held a public hearing in Oklahoma City on a plan to cut emissions from Texas coal plants affecting visibility at national parks in Oklahoma, Arkansas and Texas.

  • Oklahoma City Public Schools adds compressed natural gas school buses

    FROM STAFF REPORTS | Updated: Sat, Jan 17, 2015

    The district added three compressed natural gas buses to its fleet. The new mini-buses are expected to travel 100 miles a day and seat up to 29 students per bus. On average, district buses travel 18,000 miles each school year.

  • Oklahoma business briefs, Jan. 17

    Published: Sat, Jan 17, 2015

    Oklahoma business briefs, Jan. 17, 2015




Advertisement