• Oklahoma energy companies boost efforts to draw women to science, leadership positions

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Nov 19, 2015

    As the next generation of energy industry leaders prepare for retirement, Oklahoma energy companies are boosting efforts to attract women into science and leadership positions.

  • No decision yet in $1.1 billion OG&E environmental case

    Paul Monies | Updated: Thu, Nov 19, 2015

    The three-person Oklahoma Corporation Commission met for about an hour Thursday morning to discuss a long-running, $1.1 billion case for environmental compliance and replacement generation filed by Oklahoma Gas and Electric Co. Despite expectations that a decision would be made, the commission adjourned without issuing an order. The courtroom was filled with attorneys and interested parties in the case, which had 17 days of testimony in the spring. The commission has been deliberating in the case since the summer. Commissioners on Thursday discussed a proposed order from Commissioner Dana Murphy, but could not come to a final agreement.

  • Administrative law judge recommends Corporation Commission approve $30 million rate hike for Oklahoma Natural Gas

    By Paul Monies Business Writer pmonies@oklahoman.com | Published: Thu, Nov 19, 2015

    An administrative law judge, who heard arguments in support of Oklahoma Natural Gas' $30 million rate increase case, recommended the Oklahoma Corporation Commission should approve the settlement. The settlement would mean residential customer bills would increase $3 a month and large commercial customers would see a $10 monthly increase.

  • Reduced credit line leaves PostRock Energy overdrawn

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Wed, Nov 18, 2015

    OKC-based energy company PostRock again warns that its stock has little value.

  • Oklahoma Indian landowners sue Enable over pipeline in Caddo County

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Wed, Nov 18, 2015

    American Indian landowners in Caddo County filed a lawsuit against Enable Midstream Partners. The suit says the Oklahoma City company hasn't properly paid for access to the natural gas pipeline.

  • Oil industry study indicates few Oklahoma wells are linked to earthquakes; USGS geophysicist thinks percentage is larger

    By COREY JONES, Tulsa World | Published: Tue, Nov 17, 2015

    A report on earthquakes released Tuesday by the oil and natural gas industry seeks to highlight that a relatively minute number of wastewater-disposal wells in Oklahoma and nationwide can be linked to induced seismisity. However, a spokeswoman for the group acknowledges that many of the studies cited in the report use models rather than actual wells, making such figures “speculative.” While scientists tend to agree that a small number of wells probably contributes to earthquakes, a research geophysicist with the U.S. Geological Survey said the report understates how many wells probably are involved but can’t yet be scientifically proven to be due to lack of resources and the complexity of the problem. Energy In Depth, a campaign of the Independent Petroleum Association of America, produced the report.

  • Oil companies look at options while waiting out low prices

    By Adam and Paul | Updated: Tue, Nov 17, 2015

    The NewsOK Energy team hosted their monthly chat Tuesday to discuss oil and gas updates and Oklahoma energy companies. Below is an unedited transcript from the chat.

  • Aubrey McClendon's $2 billion IPO attempt falls short; only $11.2 million was raised

    By Brianna Bailey and Adam Wilmoth  Business Writers | Published: Tue, Nov 17, 2015

    American Energy Partner LP founder Aubrey McClendon's bid to raise $2 billion from investors to buy oil and gas assets has ended. Only about $11.2 million was raised.

  • Oklahoma Natural Gas residential bills could rise $3 per month with $30 million proposal

    By Paul Monies Business Writer pmonies@oklahoman.com | Published: Tue, Nov 17, 2015

    Most residential customers could see their monthly Oklahoma Natural Gas bills jump $3 if regulators OK a $30 million rate increase proposal.


    Published: Tue, Nov 17, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $38.25 Oklahoma Sour: Sunoco Inc. — $26.25 Oklahoma oil and gas drilling activity posted Nov. 2: COMPLETION Ellis: EOG Resources Inc.; Kenny No. 2-1H Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 02-17N-24W; 165 barrels oil per day, 106,000 cu-ft gas per day; TD 14,770. Jones Energy LLC; Red Sox 19 4H Well; SW1/4 NW1/4 NE1/4 NW1/4 (SL) of 19-20N-25W; 163 barrels oil per day, 170,000 cu-ft gas per day; TD 12,906. Jones Energy LLC; Red Sox No. 19 5H Well; SE1/4 SE1/4 SW1/4 SE1/4 (SL) of 19-20N-25W; 157 barrels oil per day, 43,000 cu-ft gas per day; TD 12,684. Grady: Newfield

  • Energy Transfer Partners, Sunoco LP announce $2.2 billion drop-down deal

    Published: Mon, Nov 16, 2015

    Energy Transfer Partners announced a $2.2 billion so-called drop-down deal Monday that will complete the strategy announced last fall of transferring its high quality retail and field distribution assets to Sunoco LP. Dallas-based Energy Transfer Partners announced Monday that it will sell to Sunoco LP its remaining 68.42 percent interest in Sunoco LLC and 100 percent interest in the legacy Sunoco retail business.  The approximately $2.226 billion transaction will be effective as of Jan. 1, 2016, and is expected to close in February 2016, according to the company.

  • Oklahoma rig count increases by two

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Sat, Nov 14, 2015

    In Oklahoma, two rigs were added this week to boost the state's count to 85. The state count is 61 percent below the high of 214 on Nov. 26, 2014.

  • CENTENNI-OIL: Marathon Oil celebrates 100 years of petroleum exploration in Oklahoma

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Fri, Nov 13, 2015

    Marathon Oil Co. is celebrating both its past and future this week even though the petroleum industry continues to struggle with low prices. The Houston-based company drilled its first well in Oklahoma in 1915 near Cushing.

  • Williams employees updated on merger during town hall

    BY CASEY SMITH, Tulsa World | Published: Fri, Nov 13, 2015

    It's business as usual at Williams Cos. That's a primary message that employees of the Tulsa-based pipeline company received during an internal town hall meeting Tuesday, according to a document Williams Cos. filed with the U.S. Securities and Exchange Commission on Thursday. "Both Williams and ETE recognize that employees have many questions, but reinforce that as of right now, nothing has changed: it’s business as usual," the document reads under a section titled "What's Next?"

  • Slowdown offers education chance in oil patch

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Nov 12, 2015

    Despite the year-long energy industry slowdown, now can be the perfect time to learn new skills and prepare for leadership positions throughout the oil patch, said Drew Deaton, vice president of business development at Oklahoma City-based Ward Petroleum Corp.

  • Oklahoma energy briefs for Nov. 13, 2015

    Published: Thu, Nov 12, 2015

    Oklahoma energy briefs for Nov. 13, 2015

  • Tulsa energy company reports 40 percent decrease in 2015 earnings

    BY CASEY SMITH, Tulsa World | Published: Thu, Nov 12, 2015

    Helmerich & Payne Inc. reported Thursday a net income of $422 million from operating revenues of $3.2 billion for its fiscal year that ended Sept. 30, compared to net income of $709 million from operating revenues of $3.7 billion for its prior fiscal year that ended September 30, 2014. The Tulsa-based drilling company’s full-year net income works out to $3.87 per diluted share for fiscal year 2015, down 40 percent compared to the $6.46 per diluted share earned during fiscal year 2014. Included in net income per diluted share for fiscal years 2015 and 2014 are approximately $0.86 and $0.23, respectively, in after-tax income related to a combination of select items including long-term contract early termination compensation, gains from the sale of investment securities, abandonment charges and impairment charges.

  • Chesapeake Energy donates Christmas light money to charity

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Nov 12, 2015

    Chesapeake Energy Corp. will skip its annual holiday lights this year, instead donating to charity the money it previously spent on the display. The Oklahoma City-based oil and natural gas company said it will use the money to support the Salvation Army Angel Tree program and the Regional Food Bank of Oklahoma. “We are refocusing our holiday plans on programs we believe make the greatest impact on Oklahoma City," Chesapeake spokesman Gordon Pennoyer said. We hope all Oklahomans will join us in lighting up the lives of those most in need during this holiday season.” Chesapeake has joined with the Oklahoma City Thunder to sponsor the Angel Tree program, which officially will begin its campaign season Thursday morning.

  • 44 Oil Executives and Truck Drivers Were Just Arrested for a Multimillion-Dollar Scam

    Published: Thu, Nov 12, 2015

    Dozens of New York City-area energy industry executives and truck drivers were arrested Tuesday as part of a law enforcement probe into a suspected scam on customers. DNAinfo reports the bust includes over 40 "owners, executives and truck drivers from some of the city's largest fuel oil companies" who police accuse of rigging oil trucks to shortchange customers on heating oil. The alleged scammers, who DNAinfo reported include eight owners of fuel companies and three transportation depots, are accused of scamming developers and city agencies, including police and fire departments and those serving "the homeless and city schoolchildren." Alleged victims also included the owners of smaller buildings who purchased oil from the companies implicated.

  • Oklahoma Gas and Electric Co. checks data from solar test project

    By Paul Monies Business Writer pmonies@oklahoman.com | Published: Thu, Nov 12, 2015

    Clouds and very hot days have affected the efficiency of OG&E's 2.5 megawatt test solar installation, the utility has said in an update from the facility's first few months.