• Global energy demand continues to grow

    By Adam Wilmoth, Energy Editor | Updated: Fri, Mar 27, 2015

    Global demand for energy will continue to skyrocket over the next 25 years, but improving efficiency will allow much faster economic growth while reducing the environmental affect, Bill Colton, ExxonMobil’s vice president of corporate strategic planning said Thursday at an energy symposium at the University of Oklahoma.

  • Oklahoma loses 2,400 energy sector jobs over month

    By Brianna Bailey, Business Writer | Updated: Fri, Mar 27, 2015

    Oklahoma lost 2,400 energy sector jobs in February as oil and gas producers made cuts in response to depressed crude prices.

  • Oklahoma energy company layoffs continue to increase

    By Adam Wilmoth, Energy Editor | Updated: Fri, Mar 27, 2015

    As the price of oil continues to languish at less than half of its recent peak last summer, scattered reports of industry layoffs continue to surface in Oklahoma.

  • Low oil prices prompt job cuts at Skiatook, Oklahoma, plant

    By Sheila Stogsdill, For The Oklahoman | Published: Fri, Mar 27, 2015

    Worthington Industries, which is based in Ohio, has laid off 40 workers at its Oklahoma plant, due to low oil prices.

  • Oil and gas prices for March 27

    Published: Fri, Mar 27, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $48 Oklahoma Sour: Sunoco Inc. — $36 Oklahoma oil and gas drilling activity posted March 12: COMPLETION Alfalfa: Midstates Petroleum Co. LLC; DK 2512 No. 3H-17 C Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 08-25N-12W; 353 barrels oil per day 1,883 cu-ft gas per day TD 11,548. Midstates Petroleum Co. LLC; DK 2512 No. 4H-17 D Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 08-25N-12W; 209 barrels oil per day 2,029 cu-ft gas per day TD 11,475. SandRidge Exploration & Production LLC; Bathurst 2711 No. 2-4H Well; SE1/4 SE1/4 SW1/4 SE1/4 (SL) of 04-27N-11W; 205 barrels oil per day 1,547 cu-ft gas

  • The Oklahoman Energy briefs, March 27

    Published: Fri, Mar 27, 2015

    The Oklahoman Energy briefs, March 27, 2015

  • Energy cuts slow manufacturing growth, Fed survey shows

    BY DON MECOY, Business Editor | Updated: Thu, Mar 26, 2015

    The Federal Reserve’s March manufacturing survey showed that the weakest activity was in energy-producing states, including Oklahoma.

  • Samson Resources laying off 196 local workers

    BY ROD WALTON, Tulsa World | Published: Thu, Mar 26, 2015

    Samson Resource Co., the privately held Tulsa oil and gas giant beset by huge debt leverage and falling crude oil prices, is laying off one-third of its Tulsa workforce, the company confirmed Thursday morning. Samson is letting go of 196 employees at the Tulsa headquarters and 270 companywide. The reduction will drop Samson's local workforce below 400 people. "As has been previously communicated, Samson Resources is currently in the process of evaluating restructuring alternatives to address the sharp decline in oil and natural gas prices, which have posed huge challenges to the company and to the broader industry," company spokesman Brian Maddox said in a statement. Read the rest of this story at TulsaWorld.com.

  • Oklahoma personal income growth slows in fourth quarter

    BY DON MECOY, Business Editor | Published: Thu, Mar 26, 2015

    Federal estimates show the average Oklahoman had personal income of $43,138 last year.

  • Oilfield unemployment rises on low oil prices

    By Adam Wilmoth, Energy Editor | Updated: Wed, Mar 25, 2015

    Nine months after the price of oil began its most recent collapse, the pain is beginning to be felt at the unemployment line, especially in rural parts of the state.

  • Hiland Partners office to close in Enid

    By Adam Wilmoth, Energy Editor | Published: Wed, Mar 25, 2015

    Kinder Morgan Inc. this week said it plans to close the former headquarters office of Hiland Partners, relocating more than 100 jobs to Tulsa, Oklahoma City and Houston.

  • Kingfisher wind project pauses some construction as Texas oil company questions locations

    By Paul Monies, Business Writer | Published: Wed, Mar 25, 2015

    Averting a temporary restraining order, attorneys for Apex Clean Energy and Newfield Exploration agreed to a pause in some construction at the Kingfisher Wind project in northern Canadian County and southern Kingfisher County. Newfield has a major oil and gas development in the STACK play, some of which lies below land leased for the wind farm.

  • In wake of earthquake swarms, Oklahoma regulators expand areas for oil and gas disposal well scrutiny

    By Paul Monies, Business Writer | Updated: Wed, Mar 25, 2015

    The Oklahoma Corporation Commission has updated its system to evaluate the risks of induced seismicity from disposal wells in oil and gas activity.

  • Oil and gas, livestock prices for March 25

    Published: Wed, Mar 25, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $44 Oklahoma Sour: Sunoco Inc. — $32 Oklahoma oil and gas drilling activity posted March 10: COMPLETION Alfalfa: Chesapeake Operating LLC; Graham 1-27-12 No. 2H Well; SW1/4 SE1/4 SE1/4 SW1/4 (SL) of 01-27N-12W; 118 barrels oil per day 2,631 cu-ft gas per day; TD 10,011. SandRidge Exploration & Production LLC; Albert 2811 No. 1-22H Well; NW1/4 NW1/4 NE1/4 NE1/4 (SL) of 22-28N-11W; 125.1 barrels oil per day 629 cu-ft gas per day; TD 9,564. Sandridge Exploration & Production LLC; Barbara 2811 No. 1-15H Well; NW1/4 NW1/4 NE1/4 NE1/4 (BHL) of 15-28N-11W; 127.79 barrels oil per

  • Elk City as dependent on water as oil

    By Adam Wilmoth, Energy Editor | Updated: Tue, Mar 24, 2015

    As important as black gold has been to Elk City, there is, perhaps, an even more important substance buried deep below the surface: fresh, drinkable water.

  • Elk City: 'The sky is not falling'

    By Adam Wilmoth, Energy Editor | Updated: Tue, Mar 24, 2015

    Elk City, Oklahoma, residents and business leaders express optimism despite tumbling oil prices.

  • Elk City's business, community leaders say they are better prepared for oil price drops

    By Adam Wilmoth, Energy Editor | Updated: Tue, Mar 24, 2015

    “We’ve learned to be more conservative in our approach to spending,” City Manager Lee Litterell said. “We take a very cautious approach to the budget process. We budget 85 to 90 percent of our projected revenue, and we’ve learned to take better care of what we have in our town.

  • Chesapeake Energy Corp. cuts its 2015 drilling budget

    By Adam Wilmoth, Energy Editor | Published: Tue, Mar 24, 2015

    Chesapeake Energy Corp. executives said Monday they have cut the company’s 2015 drilling budget by another $500 million because of continued low oil and natural gas prices.

  • Oil and gas, livestock prices for March 24

    Published: Tue, Mar 24, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $44 Oklahoma Sour: Sunoco Inc. — $32 Oklahoma oil and gas drilling activity posted March 9: COMPLETION Carter: Stephens & Johnson Operating Co.; TDU GB No. 3 Well; SE1/4 NW1/4 NE1/4 NW1/4 of 05-01S-03W; 28.2 barrels oil per day; TD 3,528. Grady: Continental Resources Inc.; Frizzell No. 1-10H Well; SW1/4 SW1/4 SW1/4 SE1/4 (SL) of 10-03N-05W; 359 barrels oil per day 697 cu-ft gas per day; TD 18,822. McClain: Okland Oil Co.; Reed No. 1-9 Well; NW1/4 NE1/4 SE1/4 NW1/4 (SL) of 09-08N-03W; 17 barrels oil per day; TD 11,330. Nowata: Marjo Operating Co. Inc.; Phyllis No.

  • Oklahoma Attorney General wants OG&E to drop Mustang plant from $1.1 billion case

    By Paul Monies, Business Writer | Published: Mon, Mar 23, 2015

    Oklahoma Attorney General Scott Pruitt said his office wants the Oklahoma Corporation Commission to consider dropping a $413 million modernization plan for Oklahoma Gas and Electric Co.’s Mustang plant from a $1.1 billion request before regulators. Pruitt said the case should instead be focused on environmental compliance, which is expected to cost $700 million.




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