• Future Files: Oil storage filling up, putting further pressure on prices

    Published: Sun, Mar 8, 2015

    Walt and Alex Breitinger: The euro slides to an 11-year low as the European Central Bank is poised to launch massive bond-buying program.

  • Eagle & Beagle for Sunday, March 8, 2015

    Published: Sun, Mar 8, 2015

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

  • Oklahoma rally will call for disposal well moratorium

    By Adam Wilmoth, Energy Editor | Published: Sat, Mar 7, 2015

    A group of environmentalists have scheduled a rally at the Oklahoma Capitol on Saturday, where they will call for a moratorium on wastewater disposal wells in the state.

  • Oil and gas, livestock prices March 7

    Published: Sat, Mar 7, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Friday: Oklahoma Sweet: Sunoco Inc. — $46 Oklahoma Sour: Sunoco Inc. — $34 Oklahoma oil and gas drilling activity posted Feb. 20: COMPLETION Alfalfa: Chesapeake Operating LLC; Brown 16-24-12 No. 1H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 16-24N-12W; 57 barrels oil per day 955,000 cu-ft gas per day; TD 10,990. Chesapeake Operating LLC; David 4-27-12 No. 1H Well; NE1/4 NE1/4 NE1/4 NW1/4 (BHL) of 04-27N-12W; 111 barrels oil per day 469,000 cu-ft gas per day; TD 10,730. Chesapeake Operating LLC; Koehn 35-27-12 No. 1H Well; SW1/4 SE1/4 SW1/4 SE1/4 (SL) of 35-27N-12W; 137 barrels oil per day 1,986,000 cu-ft gas per day; TD

  • Emails describe meetings between oil industry, earthquake researchers

    By Adam Wilmoth, Energy Editor | Published: Sat, Mar 7, 2015

    Oil and natural gas industry representatives met with Oklahoma’s head seismologist over the past several years because they were “nervous about any dialog” connecting the state’s ongoing earthquake swarm and industry activity, according to a series of emails published this week by EnergyWire.

  • Natural gas storage slides with cold temperatures

    By Adam Wilmoth, Energy Editor | Updated: Fri, Mar 6, 2015

    Continued cold weather throughout much of the country led to another big storage drawdown this week, but supply levels remain strong for this time of year.

  • Former oil executive in Oklahoma deal sued by SEC for insider trading while with another oil company

    BY ROD WALTON, Tulsa World | Published: Fri, Mar 6, 2015

    A former executive with a Houston energy firm that bought Oklahoma oil and gas assets from a Tulsa company last year has been sued again by federal regulators in an alleged insider trading scheme involving one of his earlier employers. Gary Williky, who was Petro River Oil Corp.’s executive vice president as of a July 2014 Tulsa World story, is charged with nine counts by the U.S. Securities and Exchange Commission. He was dismissed from Petro River shortly after that deal was announced. None of the federal counts has anything to do with that company nor its Tulsa transactions. Read the rest of this story at TulsaWorld.com.

  • Despite low oil prices, drilling continues in southern Oklahoma

    By Adam Wilmoth, Energy Editor | Updated: Fri, Mar 6, 2015

    A series of overlapping oil fields with peculiar names has the potential to grow into a significant area of oil development.

  • Oil and gas prices for March 6

    Published: Fri, Mar 6, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $47.25 Oklahoma Sour: Sunoco Inc. — $35.25 Oklahoma oil and gas drilling activity posted Feb. 19: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Gracie 2410 No. 1-31H Well; SE1/4 SW1/4 SW1/4 SE1/4 (SL) of 31-24N-10W; TD 11,872. Canadian: Cimarex Energy Co.; Copeland No. 2-33H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 28-13N-09W; 745,000 cu-ft gas per day; TD 17,903. Carter: Chaparral Energy LLC; FDSU No. 49-12 Well; NE1/4 NW1/4 SW1/4 SE1/4 (SL) of 29-02S-03W; 24 barrels oil per day 20,000 cu-ft gas per day; TD 5,127. Chaparral Energy LLC; Fox Deese Spring Unit

  • Oklahoma Plugging in business briefs for March 6

    Published: Fri, Mar 6, 2015

    Oklahoma Plugging in business briefs for March 6, 2015

  • Future carbon dioxide regulations discussed in $1.1 billion Oklahoma Gas and Electric Co. compliance plan

    By Paul Monies, Business Writer | Published: Fri, Mar 6, 2015

    How Oklahoma Gas and Electric Co. accounted for future carbon dioxide regulations was among the issues discussed Thursday as a hearing continued into the utility’s $1.1 billion plan for environmental compliance and replacement generation.

  • Coalition will rally at state Capitol to call for moratorium on injection wells, fracking

    BY COREY JONES, Tulsa World | Published: Thu, Mar 5, 2015

    The Coalition to Stop Induced Seismicity is hosting a rally Saturday afternoon at the state Capitol to call for a 12- to 24-month moratorium on wastewater injection wells and hydraulic fracturing. The gathering will take place 1 p.m. at the South Plaza of the Capitol. Organizers said a diverse mix of local and statewide grassroots groups will attend. Grand Riverkeeper Earl Hatley said the group's petition to Gov. Mary Fallin to enact an executive order to suspend high pressure/volume deep well injections and horizontal hydraulically fractured oil and gas wells — fracking — is two-fold. Read the rest of this story at TulsaWorld.com .

  • 'Extraordinary denial rate' of 9 in 10 earthquake claims rattles Oklahoma Insurance Commissioner John Doak

    BY COREY JONES, Tulsa World | Published: Thu, Mar 5, 2015

    Oklahoma Insurance Commissioner John Doak has issued “a loud and clear” message for the insurance industry to handle claims appropriately in response to indications of an “extraordinary denial rate” of nine out of 10 earthquake claims filed in 2014. In a bulletin sent to insurance companies on Tuesday, Doak warned against basing earthquake claim denials on assertions that the quakes were man-made, calling a link between injection wells and earthquakes “unsettled science,” despite several studies to the contrary. The state Insurance Department gathered information from “larger earthquake insurance companies” that indicates that only eight of about 100 earthquake claims filed in 2014 were paid. In the bulletin, Doak noted that he is considering an examination of market conduct “to ascertain the facts surrounding the extraordinary denial rate of earthquake claims that the preliminary data seems to indicate.” Read the rest of this story at TulsaWorld.com .

  • Oklahoma Gas and Electric Co. faces more questions on $413 million Mustang plant modernization plan in Oklahoma

    By Paul Monies, Business Writer | Updated: Thu, Mar 5, 2015

    Oklahoma Gas and Electric Co. continued to face questions Wednesday over why it included a plant modernization plan in a request to Oklahoma regulators to recover costs for environmental compliance. The company’s $1.1 billion plan for environmental compliance and replacement of its Mustang plant could increase residential customer bills 15 percent by 2019.

  • Oil and gas, livestock prices for March 5

    Published: Thu, Mar 5, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — N/A Oklahoma Sour: Sunoco Inc. — N/A Oklahoma oil and gas drilling activity posted Feb. 18: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Doug 2411 No. 2-19H Well; SW1/4 SW1/4 SW1/4 SE1/4 (SL) of 19-24N-11W; TD 11,824. Canadian: Newfield Exploration Mid-Con Inc.; Annuschat No. 1H-6X Well; SW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 06-14N-06W; 395 barrels oil per day 380,000 cu-ft gas per day; TD 18,681. Carter: Stephens & Johnson Operating Co.; TDU RD No. 6 Well; SE1/4 SE1/4 NE1/4 NW1/4 of 05-01S-03W; 48 barrels oil per day 10,000 cu-ft gas per day; TD

  • Duncan, Oklahoma, property owners denied class-action status in Halliburton pollution lawsuit

    By Brianna Bailey, Business Writer | Published: Thu, Mar 5, 2015

    Landowners contend Halliburton is liable for contamination found in residential water wells

  • U.S. running out of room to store oil; price collapse next?

    By JONATHAN FAHEY, AP Energy Writer | Published: Wed, Mar 4, 2015

    NEW YORK — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past eight weeks, the United States has been producing and importing an average of 1.1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country’s main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported Wednesday. If this keeps up, storage tanks could approach their operational limits, known in the industry as “tank tops,” by mid-April and send the price of crude — and probably gasoline, too —

  • Insurance commissioner clarifies “man-made” earthquake policies

    By Adam Wilmoth, Energy Editor | Updated: Wed, Mar 4, 2015

    Oklahoma Insurance Commissioner John Doak on Tuesday issued a bulletin to insurance companies clarifying his department’s expectations for earthquake insurance coverage.

  • Oklahoma attorney general wants Oklahoma Gas and Electric Co. to drop Mustang plant from $1.1 billion case

    By Paul Monies, Business Writer | Updated: Wed, Mar 4, 2015

    Oklahoma Attorney General Scott Pruitt, after facing criticism for not being involved in a $1.1 billion case for environmental compliance and replacement generation, said Tuesday his office will ask regulators to drop the utility’s request to spend $410 million to replace its aging Mustang plant.

  • Oil and gas, livestock prices for March 4

    Published: Wed, Mar 4, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $47 Oklahoma Sour: Sunoco Inc. — $35 Oklahoma oil and gas drilling activity posted Feb. 17: COMPLETION No postings. INTENT TO DRILL Alfalfa: Chesapeake Operating LLC; Tamarack 32-27-12 No. 1H Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of 32-27N-12W; TD 10,700. Blaine: Felix Energy LLC; Catalina No. 29-4H Well; N1/2 NW1/4 NE1/4 NE1/4 (BHL) of 29-17N-10W; TD 15,100. Carter: Kodiak Oil & Gas Inc.; Brady No. 146 Well; SW1/4 NE1/4 NE1/4 SW1/4 of 32-01S-02W; TD 1,999. Kodiak Oil & Gas Inc.; Brady No. 151 Well; NE1/4 SW1/4 NW1/4 SE1/4 of 05-02S-02W; TD




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