• Eagle & Beagle for Sunday, April 24, 2016

    Published: Sun, Apr 24, 2016

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

  • Tax incentive glossary

    Published: Sat, Apr 23, 2016

    Terms used for tax-incentives in Oklahoma.

  • OIL AND GAS PRICES

    Published: Sat, Apr 23, 2016

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $40.25 Oklahoma Sour: Sunoco Inc. — $28.25 Oklahoma oil and gas drilling activity posted April 12: COMPLETION Alfalfa: Chesapeake Operating LLC; Dane 21-26-11 No. 1H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 16-26N-11W; TD 10,925. Chesapeake Operating LLC; Gray 7-27-12 No. 2H Well; NW1/4 NE1/4 NE1/4 NW1/4 (SL) of 07-27N-12W; 317 barrels oil per day, 3,517,000 cu-ft gas per day; TD 9,837. Canadian: Devon Energy Production Co. LP; Yonder 05 No. 4AH Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 05-14N-07W; 854 barrels oil per day, 1,105,000 cu-ft gas per day; TD 14,220. Creek: Red Fork

  • U.S. rig count continues to fall

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Sat, Apr 23, 2016

    The U.S. rig count dropped by another nine rigs and low oil prices continued to cause energy companies to mothball drilling rigs. Oklahoma's rig count held steady at 63.

  • Oklahoma-based NGL receives $200M in sale; its stock skyrockets

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Sat, Apr 23, 2016

    Tulsa-based propane distribution company NGL Energy Partners LP received $200 million in deal from Oaktree Capital Management LP, which becomes a general partner. The Oklahoma company's stock surged 24 percent in heavy trading Friday.

  • Oklahoma energy briefs for April 22

    Published: Fri, Apr 22, 2016

    Oklahoma energy briefs for April 22, 2016

  • OSU System saves $35 million with energy program

    Karolyn Bolay, Oklahoma State University | Updated: Fri, Apr 22, 2016

    Your mileage may vary, but you might want to take a few tips from Oklahoma State University to cut your energy bill. After all, the OSU A&M System has slashed $35 million from its utility bill in the last nine years. Simply turning off lights could lower your electricity bill, of course. But the OSU Energy Management Program, which started in 2007, offers more tips to help you reduce energy consumption: Close window blinds and angle them upward when leaving for the day.  Unplug all chargers when they’re not in use. Not only do they waste energy, they can be a fire hazard, too. Set refrigerators to 38-42 degrees Fahrenheit and freezers between 0-5 degrees. During the summer, set thermostats to 82-85

  • OIL AND GAS PRICES

    Published: Fri, Apr 22, 2016

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $39.75 Oklahoma Sour: Sunoco Inc. — $27.75 Oklahoma oil and gas drilling activity posted April 11: COMPLETION McClain: Charter Oak Production Co. LLC; Folsom No. 1-6 Well; SE1/4 NW1/4 SW1/4 NE1/4 of 06-06N-02W; 15 barrels oil per day, 3,000 cu-ft gas per day; TD 9,028. Oklahoma: Okland Oil Co.; Link No. 1-32 Well; C E1/2 SE1/4 SE1/4 of 32-11N-01E; 60 barrels oil per day; TD 6,402. INTENT TO DRILL Grady: Kaiser-Francis Oil Co.; Freeze No. 3 Well; NE/ SW1/4 NE1/4 NE1/4 of 02-09N-05W; TD 9,250. SOURCE:  OIL-LAW RECORDS CORP.

  • Moody's explores effect of oil industry downturn on state, local governments

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Fri, Apr 22, 2016

    Oklahoma City's credit rating is the highest score of Aaa, with a negative outlook. Tulsa has the second-highest possible rating of Aa1, with a stable outlook.

  • Fears over global supply disruption can quickly change price of oil

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Apr 21, 2016

    An oil-field worker strike in Kuwait and a pipeline explosion in Nigeria helped to remove a combined 1.8 million barrels of oil from the world inventory, causing prices to rise.

  • SandRidge to receive $38 million in lawsuit settlement

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Thu, Apr 21, 2016

    SandRidge Energy Inc. will receive more than $38 million as part of a lawsuit settlement, the company said in a regulatory filing Wednesday. A group of SandRidge shareholders in 2013 filed a shareholder derivative lawsuit on behalf of SandRidge and against former CEO Tom Ward; three private companies affiliated with Ward; and former SandRidge directors Jim J. Brewer, Everett R. Dobson, William A. Gilliland, Daniel W. Jordan, Roy T. Oliver Jr. and Jeffrey S. Serota. The lawsuit claimed breach of fiduciary duties and civil conspiracy. The defendants admitted no wrongdoing. Under terms of the settlement, insurers for the SandRidge board agreed to pay $38 million to SandRidge on behalf of the former directors to cover the

  • Devon Energy to sell northern Oklahoma assets

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Updated: Wed, Apr 20, 2016

    Devon Energy Corp. announced that it will sell some of its noncore Mississippian assets in northern Oklahoma to White Star Petroleum LLC, an oil and natural gas company that will become fully independent of Oklahoma City-based American Energy Partners LP in the second quarter.

  • Former Devon Energy employees create Oklahoma City oil startup named Senex

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Wed, Apr 20, 2016

    Five former analysts of Devon Energy Corp. have created a startup called Senex, the newest oil and natural gas company in Oklahoma City.

  • San Francisco just became the first big US city to require solar panels on new buildings

    Published: Tue, Apr 19, 2016

    San Francisco may be known for its fog, but the city wants to turn the sunny days it does get into power for its buildings.  The San Francisco Board of Supervisors on Tuesday unanimously passed legislation that would require new construction that is shorter than 10 floors to install solar panels or solar water heaters on top of both new residential and commercial buildings.  According to California law, all new buildings with 10 floors or less must have at least 15% of their rooftops designated as solar ready — meaning not in the shade. San Francisco now requires those buildings to actually use it for solar panels.

  • Seventy Seven Energy reaches prepackaged bankruptcy agreement

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com   | Updated: Tue, Apr 19, 2016

    OKC oil-field services company says deal will allow firm to continue operations without interruption.

  • Fallin signs bill to clarify Oklahoma agency's power

    AP | Published: Mon, Apr 18, 2016

    OKLAHOMA CITY (AP) — Wastewater disposal wells that have been linked to an uptick in earthquakes in Oklahoma could be ordered shut down without notice or hearing under a bill signed into law by Gov. Mary Fallin. The bill was one of 16 measures signed Monday by Fallin. The bill grants the Oklahoma Corporation Commission the authority many believed it already had — the right to take "whatever action is necessary" to promptly respond to an emergency. Nearly all wastewater disposal well operators have complied with agency directives to reduce volume or close wells, but at least one company initially refused to comply. The number of earthquakes with a magnitude 3.0 or greater has risen in Oklahoma from a few dozen

  • Tulsa's WPX Energy lays off 42 people

    By Adam Wilmoth Energy Editor awilmoth@oklahoman.com | Published: Mon, Apr 18, 2016

    38 of the jobs cut are in Tulsa; more cuts are likely.

  • Hamm: Forget Doha, oil oversupply gone this year

    Published: Mon, Apr 18, 2016

    <iframe src="http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000510563&size=530_298" width="530" height="298" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe> While the long-awaited Doha meeting disappointed energy investors who expected an output freeze deal, shale industry pioneer Harold Hamm, who didn't "have a whole lot of hope" in the Sunday meeting, told CNBC that the crude glut will be balanced the second half of this year. The founder and CEO of Continental Resources , who previously told CNBC that "the fundamentals of supply and demand were really close," reiterated during a "Power Lunch" interview on Monday that this year's third-quarter will absorb most of the excess oil supply, which in turn will lead to "stronger pricing."

  • Eagle & Beagle for Sunday, April 17, 2016

    Published: Sun, Apr 17, 2016

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

  • Futures File: Farmers with soybeans in bins reap a bounty as prices peak

    Published: Sun, Apr 17, 2016

    Walt & Alex Breitinger: Oklahoma produces far more wheat than soybeans, but those farmers who have some beans in storage are seeing good prices.




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