• Companies file export application for gas project

    Updated: Mon, Jul 21, 2014

    JUNEAU, Alaska (AP) — The companies pursuing a major liquefied natural gas project in Alaska have applied for an export license with the U.S. Department of Energy. Securing the authorization is seen as critical for the viability of the mega-project, which the companies say would be the largest of its kind ever designed and built. The filing was made Friday, but it was announced by the companies on Monday. Participants in the project include BP, ConocoPhillips, Exxon Mobil Corp., TransCanada Corp. and the Alaska Gasline Development Corp. The application requests authorization to export up to 20 million metric tons of liquefied natural gas a year for 30 years. It seeks to export to countries with which the U.S.

  • Hatch faults Branstad for nixing $1M solar grant

    Updated: Mon, Jul 21, 2014

    IOWA CITY, Iowa (AP) — Democratic gubernatorial candidate Jack Hatch criticized Gov. Terry Branstad on Monday for giving up a $1 million solar energy grant, saying the governor is letting powerful utility companies write his energy policy. Hatch said that he was concerned by the decision to return the U.S. Department of Energy grant, which was designed to make solar installation projects faster and less expensive through changes to rules related to permits, inspections and connecting to the grid. He said that solar power had tremendous potential, particularly after an Iowa Supreme Court decision this month is expected to lead to more installation projects across the state.

  • Executive Q&A: CEO excited about new energy company

    By Jay F. Marks, Business Writer | Updated: Sat, Jul 19, 2014

    Jerry Winchester, a Dickson native, returned to Oklahoma in 2012 to lead the Chesapeake subsidiary destined to stand on its own. It took longer than expected because of Chesapeake’s transition, with new leadership, to a more focused oil and natural gas producer.

  • Eagle & Beagle for July 20, 2014.

    Published: Sun, Jul 20, 2014

    Don Mecoy: Eagle & Beagle is a weekly look at Oklahoma’s high-performing (eagle) and low-performing (beagle) stocks.

  • Oil and gas, livestock prices for July 19

    Published: Sat, Jul 19, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $99.75 Oklahoma Sour: Sunoco Inc. — $87.75 Oklahoma oil and gas drilling activity posted July 1: COMPLETION Alfalfa: D & J Oil Co. Inc.; Frank No. 1-28 Well; C SE1/4 SE1/4 SE1/4 of 28-27N-09W; 143,000 cu-ft gas per day, 7 barrels oil per day; TD 6,173. Beckham: Apache Corp.; Deal No. 5-11-21 No. 1H Well; NE1/4 NW1/4 NE1/4 NE1/4 (BHL) of 05-11N-21W; 210 barrels oil per day, 4,386,000 cu-ft gas per day; TD 17,497. Grady: Continental Resources Inc.; Birt No. 1-13H Well; SE1/4 SW1/4 SW1/4 SW1/4 (SL) of 13-07N-06W; 439 barrels oil per day, 507,000 cu-ft gas per day; TD

  • Fracking bans unlikely in Oklahoma, observers say

    By Jay F. Marks, Business Writer | Updated: Fri, Jul 18, 2014

    Oklahoma cities can regulate activities within their borders, but observers say any ban on hydraulic fracturing in the state is unlikely.

  • Oil, gas seismic surveys get OK along Eastern seaboard

    By JASON DEAREN, Associated Press | Published: Fri, Jul 18, 2014

    The Obama administration is reopening the Eastern seaboard to offshore oil and gas exploration, approving seismic surveys using sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.

  • Fuel efficiency standards lead to high-tech improvements

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 18, 2014

    The number of electric vehicles, plug-in hybrids and vehicles that run on natural gas and diesel on the road have grown in recent years and are expected to continue to increase. But standard gasoline vehicles are still expected to represent almost 80 percent of new sales in 2025 and 78 percent in 2040, according to a U.S. Energy Information Administration report.

  • Oil and gas prices for July 18

    Updated: Thu, Jul 17, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $99.75 Oklahoma Sour: Sunoco Inc. — $87.75 Oklahoma oil and gas drilling activity posted June 30: COMPLETION Carter: Mack Energy Co.; Wildcat Jim Penn Unit No. 183 Well; C W1/2 SE1/4 NW1/4 of 31-01S-02W; 4 barrels oil per day, 30,000 cu-ft gas per day; TD 3,300. Mack Energy Co.; Wildcat Jim Penn Unit No. 183 Well; C W1/2 SE1/4 NW1/4 of 31-01S-02W; 4 barrels oil per day, 30,000 cu-ft gas per day; TD 3,300. Custer: Sanguine Gas Exploration LLC; Lealon No. 1-28H Well; NE1/4 NE1/4 NW1/4 NE1/4 (BHL) of 28-15N-16W; 139 barrels oil per day, 71,000 cu-ft gas per day; TD

  • Geopolitical turmoil sends oil prices above $103.

    By The Associated Press | Published: Fri, Jul 18, 2014

    The price of oil rose 2 percent Thursday on lower U.S. inventories and concerns that geopolitical tensions could disrupt global supplies.

  • Aubrey McClendon selected to manage second energy investment firm

    By Paul Monies, Business Writer | Published: Fri, Jul 18, 2014

    Oklahoma City’s Aubrey McClendon is teaming up with another group of real estate investors to buy oil and gas assets. Energy 11 LP of Fort Worth, Texas, filed paperwork Thursday to raise up to $2 billion.

  • Oklahoma energy briefs for July 18, 2014

    Published: Thu, Jul 17, 2014

    Oklahoma energy briefs for July 18, 2014

  • Oklahoma Gas and Electric Co. tops J.D. Power customer satisfaction rankings in region for second year

    By Paul Monies, Business Writer | Updated: Thu, Jul 17, 2014

    J.D. Power ranked Oklahoma Gas and Electric Co. No. 1 in the south region among large electric utilities in its latest report on customer satisfaction. Public Service Co. Oklahoma came in at No. 23 among medium-size electric utilities.

  • Oil and gas, livestock prices for July 17

    Published: Thu, Jul 17, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $97.75 Oklahoma Sour: Sunoco Inc. — $85.75 Oklahoma oil and gas drilling activity posted June 27: COMPLETION Alfalfa: Chesapeake Operating Inc.; Jett 4-25-10 No. 1H Well; N1/2 N1/2 NE1/4 NW1/4 (SL) of 04-25N-10W; 2,218,000 cu-ft gas per day, 38 barrels oil per day; TD 10,320. Chesapeake Operating Inc.; Marcum Farms 31-27-12 No. 1H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 31-27N-12W; 2,391,000 cu-ft gas per day, 53 barrels oil per day; TD 10,220. Garfield: Plymouth Exploration LLC; Cline No. 1-4H Well; N1/2 NE1/4 NW1/4 NW1/4 (SL) of 04-24N-05W; 29 barrels oil per day, 562,000 cu-ft

  • Oklahoma business briefs for July 17

    Published: Thu, Jul 17, 2014

    Oklahoma business briefs for July 17, 2014

  • Proposed oil refinery rules prompt comments at California hearing

    By JOHN ROGERS, Associated Press | Published: Thu, Jul 17, 2014

    Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.

  • North Texas city rejects partial fracking ban

    By EMILY SCHMALL, Associated Press | Published: Wed, Jul 16, 2014

    The council governing Denton, Texas, rejected a bid Wednesday morning to ban further permitting of hydraulic fracturing in the community after eight hours of public testimony.

  • Oklahoma labor commissioner raises concerns about PSO haze settlement

    By Paul Monies, Business Writer | Updated: Wed, Jul 16, 2014

    Oklahoma Labor Commissioner Mark Costello said he thinks state environmental officials didn’t properly follow the rules when they put a settlement on regional haze into effect.

  • Oil and gas, livestock prices for July 16

    Published: Wed, Jul 16, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $96.50 Oklahoma Sour: Sunoco Inc. — $84.50 Oklahoma oil and gas drilling activity posted June 26: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Beach Ranch 2809 No. 3-18H Well; SW1/4 SE1/4 SE1/4 SW1/4 (SL) of 18-28N-09W; 274.62 barrels oil per day, 1,770,000 cu-ft gas per day; TD 9,656. SandRidge Exploration & Production LLC; Cook 2411 No. 3-22H Well; SW1/4 NE1/4 NE1/4 NW1/4 (BHL) of 22-24N-11W; 21,000 cu-ft gas per day; TD 11,028. SandRidge Exploration & Production LLC; Hadwiger 2611 No.

  • Oil dips below $100 for first time since May

    FROM STAFF AND WIRE REPORTS | Published: Wed, Jul 16, 2014

    Crude oil prices continued to decline Tuesday, dropping below $100 a barrel for the first time since May. Prices for benchmark U.S. crude have dipped 5 percent this month.