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Energy companies change focus from natural gas to oil Published: Sun, May 27, 2012 Many energy companies have taken on sizable debt in recent years as they have tried to refocus on oil instead of natural gas. Read More
Thanks due to McClendon, Chesapeake employees Published: Sat, May 26, 2012 Historians will mark the first decade of the 21st century as a turning point in the domestic oil and gas industry and the competitiveness of the U.S. economy. Some might simply give credit to the nation's resource base, though the hydrocarbon geology in the United States resembles that in other regions. More astute... Read More
Federal appeals court upholds Indian trust case settlement Published: Wed, May 23, 2012 With yet another appeal resolved in a case that stretches back to 1996, payments may start to flow to individual American Indians — an estimated 50,000 in Oklahoma — from the largest class-action settlement in history against the United States. Read More
Peace and quiet destroyed by loud oil pumps Published: Mon, May 21, 2012 On April 4 I sent a certified letter to Gov. Mary Fallin asking for clarification on noise laws concerning oil production. I live in the middle of the oil patch north of Velma and am glad our state is becoming more active in oil exploration. The pump jacks around me are on electric motors and are no problem at all.... Read More
Oklahoma City-based Continental Resources names new president Updated: Mon, May 14, 2012 Oklahoma City-based Continental Resources is bringing in oil and natural gas industry veteran Rick Bott as its new president and chief operating officer, effective June 4. Read More
Carbon dioxide spurs Devon's oil production in Wyoming Published: Fri, May 11, 2012 Oklahoma City-based Devon Energy Corp. is using carbon dioxide to boost oil production from an oil field in Wyoming, while the state works to identify ways to increase such operations. Read More
Oklahoma energy industry report shows economic boost Published: Wed, May 9, 2012 OKLAHOMA CITY (AP) — A report commissioned by Oklahoma's energy industry shows one out of six jobs in the state is generated by oil and gas production. The report released Wednesday by economists at Oklahoma City University shows the state's economy continues to be driven by oil and gas production. The... Read More
Oil belongs to the owner of the mineral rights Published: Sat, May 5, 2012 Don Wood (Your Views, April 25) said oil in the ground belongs to the oil companies. Actually it belongs to the owner of the mineral rights. In many cases, on private land, the mineral rights belong to the present occupant who works the land. In other cases, the mineral rights belong to a previous owner who sold... Read More
Oklahoma energy briefs for May 4, 2012 Updated: Thu, May 3, 2012 Oklahoma energy briefs for May 4, 2012 Read More
SandRidge Energy tops analyst expectations Published: Fri, May 4, 2012 SandRidge Energy Inc. beats analysts expectations with adjusted quarterly profits. Read More
Two stories highlight the clout of U.S. senators Published: Wed, May 2, 2012 How powerful are U.S. senators? Robert E. Bacharach and Al Armendariz would attest that they are plenty powerful. Bacharach's chances to become a member of the 10th U.S. Circuit Court of Appeals in Denver are much better today, after Sen. Tom Coburn cleared the way for the nomination to be considered by the Senate... Read More
U.S. Sen. Jim Inhofe says EPA official was right to resign over crucifixion comments Published: Tue, May 1, 2012 Sen. Jim Inhofe said Monday that it was “only right” for a key Environmental Protection Agency official to resign for comparing the agency's enforcement approach to Roman crucifixions. Al Armendariz was the top EPA official in region that includes Oklahoma and Texas. Read More
Transcript of President Obama's remarks in Cushing, Okla., March 22, 2012 Updated: Thu, Mar 22, 2012 Note: The following transcript was released by The White House. THE PRESIDENT: Hello, Oklahoma! (Applause.) Well, it's good to be here. Everybody, have a seat. Have a seat. AUDIENCE MEMBER: I love you, Mr. President! THE PRESIDENT: I love you back. It's wonderful to see you. It is good to be back in... Read More
Oklahoma oil and gas prices: May 6, 2011 Updated: Thu, May 5, 2011 OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $96.25 Oklahoma Sour: Sunoco Inc. — $84.25 Oklahoma oil and gas drilling activity posted April 14: COMPLETION Garvin: Jones L E Operating Inc.; Green Trust No. 1-26 Well; NW1/4 NW1/4 NW1/4 NE1/4 of... Read More
Report: Transocean contributed to Gulf disaster Updated: Fri, Apr 22, 2011 NEW ORLEANS (AP) — Deepwater Horizon rig owner Transocean Ltd. had serious flaws in its safety management system and a poor safety culture that contributed to last year's deadly explosion that spawned the nation's worst offshore oil spill, according to a Coast Guard report released Friday. The Coast Guard... Read More
Government: Offshore drilling ban to be lifted Updated: Tue, Oct 12, 2010 WASHINGTON (AP) — The Obama administration is lifting the six-month moratorium on deep water oil drilling in the Gulf of Mexico imposed after the BP oil spill, officials said Tuesday. Read More
Blown-out BP well finally killed at bottom of Gulf Updated: Sun, Sep 19, 2010 NEW ORLEANS (AP) — Depending on the results of an overnight pressure test, government officials were expected to announce Sunday that the blown-out BP well in the Gulf of Mexico was dead, five months after an explosion killed 11 workers, sank a drilling rig and led to the worst offshore oil spill in U.S. history.... Read More
Cement flows for permanent plug of BP's Gulf well Published: Sat, Sep 18, 2010 NEW ORLEANS (AP) — Crews pumped cement into BP's blown-out oil well thousands of feet below the sea bottom Saturday, working to finally seal the runaway well. Engineers initially had planned to pump in mud before the cement, but a BP spokesman said that wasn't necessary because there was no pressure building... Read More
Congressman: too much dispersant used in oil spill Published: Sun, Aug 1, 2010 NEW ORLEANS (AP) — As BP inched closer to permanently sealing the blown-out well in the Gulf of Mexico, congressional investigators railed the company and Coast Guard for part of the cleanup effort, saying too much toxic chemical dispersant was used. The investigators said the U.S. Coast Guard routinely approved... Read More
Judge blocks Gulf offshore drilling moratorium Updated: Tue, Jun 22, 2010 NEW ORLEANS (AP) — A federal judge in New Orleans has blocked a six-month moratorium on new deepwater drilling projects that was imposed in response to the massive Gulf oil spill. Several companies that ferry people and supplies and provide other services to offshore drilling rigs had asked U.S. District Judge... Read More
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