• SandRidge is warned its stock could be removed from NYSE

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Mon, Jul 27, 2015

    Stock price has been below $1 since June 26, and must improve, New York Stock Exchange says.

  • Analyst upgrades Chesapeake

    Adam Wilmoth | Updated: Mon, Jul 27, 2015

    After a rough week, Chesapeake Energy Corp. shares bounced Monday after SunTrust Robinson Humphrey analyst Neal Dignmann upgraded the stock to "Buy" and said the company could be poised to sell more assets or the entire company. Chesapeake stock took a beating last week as the industry continued to struggle with sluggish oil and natural gas prices and as the Oklahoma City oil and natural gas producer suspended its common stock dividend and announced more than $900 million in asset sales. The stock price tumbled to a more than 10-year low of $8.28 Friday, down 28 percent from $11.58 on July 16. On Monday, the stock price improved 9 cents to $8.

  • Stocks

    Published: Sun, Jul 26, 2015

    Eagle Oklahoma’s energy sector desperately needed some good news last week. Our eagle provided it. Shares of Oklahoma City-based Enable Midstream Partners had the best week among all of Oklahoma’s public issues. ENBL units gained 3.1 percent to close Friday at $14.69. That may not sound like much, but compared to many of its peers, ENBL was more than ABLE. Last week, the firm said it would boost its quarterly cash dividend just a smidge, and then said it still expects to meet its goal of 3 percent to 7 percent growth this year. The company, which owns and operates a lot of crude oil and natural gas infrastructure, looked outstanding compared to other state firms in the energy business.

  • One dead, one injured in Woods County oil-field accident

    By Paul Monies Business Writer pmonies@oklahoman.com | Updated: Fri, Jul 24, 2015

    One person died and another was hurt in an accident Thursday at a oil-field site near Dacoma in northwestern Oklahoma. The accident is under investigation, officials say.

  • U.S. rig count jumps by 19; Oklahoma up 2

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Fri, Jul 24, 2015

    The overall count of rigs seaching for oil and natural gas in the U.S. jumped by 19 to 876, while in Oklahoma the number rose by two to 107 the past week.

  • OIL AND GAS PRICES FOR JULY 25

    Published: Sat, Jul 25, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $44.50 Oklahoma Sour: Sunoco Inc. — $32.50 Oklahoma oil and gas drilling activity posted July 10: COMPLETION Hughes: BP America Production Co.; Sherry No. 3-13H Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 13-04N-11E; 7,119,000 cu-ft gas per day; TD 13,184. BP American Production Co.; Sherry No. 2-13H Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 13-04N-11E; 5,707,000 cu-ft gas per day; TD 13,601. Logan: Payne Exploration Co.; TJ No. 1-29H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 20-17N-04W; 5 barrels oil per day, 22,000 cu-ft gas per day; TD 9,915. Love: XTO Energy Inc.; Dixon No.

  • State's attorney general files appeals over Clean Power Plan

    By Paul Monies Business Writer pmonies@oklahoman.com | Published: Sat, Jul 25, 2015

    State governments, including Oklahoma, contend the EPA's yet-to-be-finalized Clean Power Plan could deplete state resources while driving energy bills higher.

  • UNDER NEW MANAGEMENT: Oklahoma City-based Devon Energy announces a new CEO will take reins

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Fri, Jul 24, 2015

    Oklahoma-City based Devon Energy has announced the hiring of a new CEO, Dave Hager, who will take the reins of the company Aug. 1.

  • Plugging in

    Published: Fri, Jul 24, 2015

    Plugging In: energy briefs for July 24, 2015

  • What should United States do with 700M barrels of oil it has stored in strategic reserve?

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Fri, Jul 24, 2015

    Oilman Boone Pickens argues that the United States' strategic reserve is no longer necessary and the 700 million barrels of reserve should be sold to build up U.S. infrastructure to help promote the use of natural gas as a fuel for trucks and other vehicles.

  • OIL AND GAS PRICES FOR JULY 24

    Published: Fri, Jul 24, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $45 Oklahoma Sour: Sunoco Inc. — $33 Oklahoma oil and gas drilling activity posted July 9: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Rusty 2710 No. 1-131/24H Well; NE1/4 NW1/4 NW1/4 NW1/4 (SL) of 13-27N-10W; 893 barrels oil per day, 3,835,000 cu-ft gas per day; TD 14,590. Creek: WFD Oil Corp.; SDSU No. 4-16 Well; SE1/4 SE1/4 SW1/4 SW1/4 of 02-16N-10E; 3 barrels oil per day; TD 2,610. Latimer: BP America Production Co.; Fazekas No. 4 Well; SW1/4 NW1/4 SE1/4 NW1/4 (SL) of 17-05N-18E; 1,233,000 cu-ft gas per day; TD 11,668. INTENT TO DRILL Alfalfa:

  • Energy, exports slow regional manufacturing efforts, Fed says

    By Paul Monies Business Writer pmonies@oklahoman.com | Updated: Thu, Jul 23, 2015

    Manufacturing activity remained weak in July as concerns over energy declines and weaker markets for exports in China continued to weigh on companies, a regional survey said Thursday.

  • GOING BIG: 7-Eleven rolls out new stores in metro

    By Brianna Bailey Business Writer bbailey@oklahoman.com | Updated: Thu, Jul 23, 2015

    7-Eleven Stores in Oklahoma are rolling out new, larger stores. The first of the new 7-Elevens opened last week at Northwest Expressway and MacArthur.

  • OIL AND GAS PRICES PRICES FOR JULY 23

    Published: Thu, Jul 23, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $45.75 Oklahoma Sour: Sunoco Inc. — $33.75 Oklahoma oil and gas drilling activity posted July 8: COMPLETION Ellis: Mewbourne Oil Co.; Deal 35 DM No. 2HC Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 26-20N-26W; 462 barrels oil per day, 995,000 cu-ft gas per day; TD 13,239. Mewbourne Oil Co.; Yoder 12 MD No. 1HM Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 12-19N-26W; 770 barrels oil per day, 1,488,000 cu-ft gas per day; TD 13,235. Garfield: SandRidge Exploration & Production LLC; Liming 2408 No. 3-3H Well; NE1/4 NW1/4 NE1/4 NE1/4 (BHL) of 03-24N-08W; 43 barrels oil per day, 441,000 cu-ft gas

  • Oil industry warns of cost of proposed disposal well ban in Oklahoma

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Jul 23, 2015

    Energy In Depth report says a moratorium on wastewater injection wells may create economic and environmental problems in Oklahoma.

  • Oklahoma wind farm construction continues during second quarter

    By Paul Monies Business Writer pmonies@oklahoman.com | Published: Thu, Jul 23, 2015

    Oklahoma expects to add another 1,440 megawatts of wind power from eight projects under construction after renewal of a key federal tax credit at the end of 2014.

  • Chesapeake to cancel dividend, sell assets in western Oklahoma

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Tue, Jul 21, 2015

    OKC energy giant makes more moves aimed at cutting costs and decreasing its financial complexity.

  • Gasoline prices jump in Oklahoma

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Tue, Jul 21, 2015

    AAA Oklahoma spokesman Chuck Mai said Oklahoma City's average price for a gallon of regular unleaded gas reached almost $2.66 Thursday because of an outage at a Texas refinery.

  • AAA says Oklahoma pump prices are highest so far this year

    AP | Published: Tue, Jul 21, 2015

    OKLAHOMA CITY (AP) — AAA Oklahoma says gasoline prices in the state have moved higher over the last few days and are now at the highest level so far this year. AAA says the state average for self-serve regular gas stands at $2.64 per gallon, the highest price average since Nov. 22. AAA spokesman Chuck Mai says the price spike is contrary to what is happening in other parts of the country. The national average has been moving steadily downward, dropping more than two cents in the past week to $2.75 per gallon. Gas prices in the central U.S. began to jump last week along areas serviced by the Magellan pipeline.

  • OIL AND GAS PRICES FOR JULY 21

    Updated: Mon, Jul 20, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $46.50 Oklahoma Sour: Sunoco Inc. — $34.50 Oklahoma oil and gas drilling activity posted July 6: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Ritchie 2811 No. 3-10H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 10-28N-11W; 83 barrels oil per day, 343,000 cu-ft gas per day; TD 9,690. Garfield: SandRidge Exploration & Production LLC; Hayes 2407 No. 2-10H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 03-24N-07W; 915 barrels oil per day, 2,802,000 cu-ft gas per day; TD 12,485. Garvin: Cimarex Energy Co. of Colorado; Ford No. 7-7 Well; W1/2 NW1/4 NE1/4 NE1/4 of 07-01N-02W; TD




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