The Oklahoman

Oklahoma Energy News - Oil & Gas

Business

Devon creates a 'well' to generate good ideas.

Devon has created a different kind of well for its employees to use, intending for it to become a source of innovative ways to...

Business

Is this a rig reduction a slowdown, a hard stop or just a respite before rebounding?

Oklahoma's rig count is down for a second straight week. The state had 14 fewer rigs active on Friday, compared to just two...

Business

Oklahoma oil prices and drilling report for Jan. 23, 2019

Oklahoma oil prices and drilling report for Jan. 23, 2019

Business

Oklahoma oil prices and drilling report for Jan. 19, 2019

Oklahoma oil prices and drilling report for Jan. 19, 2019

Business

Oklahoma oil prices and drilling report for Jan. 18, 2019

Oklahoma oil prices and drilling report for Jan. 18, 2019

Business

Freshman lawmakers were reminded of what makes rural Oklahoma go at an event held for them at the Capitol.

Organizations involving Oklahoma's agricultural and energy industries strive hard to represent their constituents. This week,...

Business

Oklahoma business briefs for Jan. 18, 2019

Oklahoma business briefs for Jan. 18, 2019

Around The Web

Four Audi employees indicted in Detroit in expanded Dieselgate case

For Volkswagen, Dieselgate just won't end. On Thursday, four employees of the VW-owned Audi brand were indicted by a...

Business

Oklahoma firms' new hires and promotions

Neurologist Ahmad Al-Awwad, M.D., has established his medical practice with OU Physicians and has been named an assistant...

Business

Gulfport has made its response to an investor's call for it to buy back shares and take other steps to improve the company's value.

Gulfport Energy announced Thursday afternoon it has completed one stock buyback program and plans another, plus issued 2018...

Business

Oklahoma business briefs for Jan. 17, 2019

Oklahoma business briefs for Jan. 17, 2019

Business

Oklahoma oil prices and drilling report for Jan. 17, 2019

Oklahoma oil prices and drilling report for Jan. 17, 2019

Business

Safety trumps shutdown in this federal case, a judge has decided.

A lawsuit challenging the U.S. Environmental Protection Agency's decision to allow Oklahoma to regulate coal ash will move...

Business

Oklahoma oil prices and drilling report for Jan. 16, 2019

Oklahoma oil prices and drilling report for Jan. 16, 2019

Business

Oklahoma business briefs for Jan. 16, 2019

Oklahoma business briefs for Jan. 16, 2019

Business

Oklahoma oil prices and drilling report for Jan. 15, 2019

Oklahoma oil prices and drilling report for Jan. 15, 2019

Business

This energy company says moves it has made to adapt its organizational structure will provide better customer service.

Enable Midstream Partners completed an organizational change earlier this year, it announced this week. It created a chief...

Business

Oklahoma oil prices and drilling report for Jan. 12, 2019

Oklahoma oil prices and drilling report for Jan. 12, 2019

Business

Lower oil pricing is leading some oil and gas companies to trim their budgets for the coming year.

The latest quarterly energy survey conducted by the Federal Reserve Bank of Kansas City shows that some energy executives are...

Business

Here's proof STACK play move was a good decision for one oil and gas firm.

Chaparral's estimated production numbers for the final quarter of the year are more proof its decision to reconfigure its...

Late Lindsay couple's favorite charities to benefit from land, minerals auction

Business4 days ago

Schrader Real Estate and Auction Co. will conduct the auction Jan. 31, including a 237-acre bottom land farm in Garvin County and producing mineral interests in Garvin, McClain, Grady and Roger Mills counties.

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Business

Oil prices rebound in 2019

After a devastating fourth quarter for the energy sector as oil prices collapsed more than 40 percent, the commodity re-entered...

Business

Oklahoma oil prices and drilling report for Jan. 11, 2019

Oklahoma oil prices and drilling report for Jan. 11, 2019

Business

Oklahoma's STACK and SCOOP fields are setting new production records. But we are just getting started, one analyst observed Thursday.

IHS Markit analysts believe the Anadarko Basin holds an estimated 16 billion barrels of oil and 200 trillion cubic feet of gas...

Business

The growth of Oklahoma's energy industry reversed course in November, one measurement shows.

The latest Oklahoma Energy Index shows the oil and natural gas drilling and production industry activities declined in November...

Business

Oklahoma oil prices and drilling report for Jan. 10, 2019

Oklahoma oil prices and drilling report for Jan. 10, 2019

Business

Another Fallin appointee finds work.

Michael Teague, the outgoing Secretary of Energy and Environment for Gov. Mary Fallin, has a new job. Teague will be working...

Business

This oil and gas firm continues to boost production while it cuts costs, debt

Chesapeake Energy provided updated production numbers for the final quarter of 2018 on Wednesday. Looking forward, officials...

Business

'This isn't your grandfather's energy efficiency program anymore.'

An annual conference on renewable energy will start with a discussion of how technology is changing the ways in which power is...

Business

Natural gas customers to see reduced bills thanks to the federal tax cut.

The Oklahoma Corporation Commission approved an order Tuesday that will send $22.7 million to Oklahoma Natural Gas customers as...

Business

Complaints at these two Kingfisher County wells lodged by an environmental group have been resolved.

An environmental group that looks for air quality violations at oil and gas well production sites announced Tuesday it had...

Business

Oklahoma oil prices and drilling report for Jan. 9, 2019

Oklahoma oil prices and drilling report for Jan. 9, 2019

Business

Recap: Energy chat with Adam Wilmoth and Jack Money

Join our reporters for their monthly energy chat Tuesday at 10 a.m.

Business

Sun-kissed economies of scale are to this utility's liking.

Western Farmers Electric Cooperative has finalized a deal to add 220 megawatts of solar-generated power to its capacity...

Business

Oklahoma oil prices and drilling report for Jan. 8, 2019

Oklahoma oil prices and drilling report for Jan. 8, 2019

Business

Oklahoma business briefs for Jan. 8, 2019

Oklahoma business briefs for Jan. 8, 2019

Business

Research is providing seismologists with valuable information that might someday be useful in identifying potential risks for damaging earthquakes, one says.

Oklahoma State Seismologist Jake Walter says scientists are not yet able to forecast when a potentially damaging earthquake...

Business

Business briefs for Jan. 5, 2019

Oklahoma business briefs for Jan. 5, 2019

Business

Oklahoma oil prices and drilling report for Jan. 5, 2018

Oklahoma oil prices and drilling report for Jan. 5, 2018

Business

Gasoline prices plunge to 30-month lows

Gasoline prices started 2019 at their lowest levels in two and a half years, fueled in part by the 40 percent drop in oil...

Business

Oklahoma oil prices and drilling report for Jan. 4, 2018

Oklahoma oil prices and drilling report for Jan. 4, 2018

Business

This energy firm just keeps gaining elevation.

Mammoth Energy Services announced Wednesday it has expanded its aviation services capabilities. The company stated it acquired...

Business

Oklahoma oil prices and drilling report for Jan. 3, 2018

Oklahoma oil prices and drilling report for Jan. 3, 2018

Business

Poor fourth quarter dooms banner year

Three strong quarters were undone by a pitiful fourth for most of Oklahoma's publicly traded companies. As markets closed...

Business

OG&E seeks rate hike to recover costs

Oklahoma Gas and Electric Co. is asking the Oklahoma Corporation Commission to approve a rate hike to recover more than $600...

Business

Oklahoma oil prices and drilling report for Jan. 1, 2018

Oklahoma oil prices and drilling report for Jan. 1, 2018

Business
Video

"This is something that will change their lives forever."

For a second year in a row, the Oklahoma Association of Electric Cooperatives has participated in a project to bring...

Business

Foundations provide cooperatives the support they need to help spread the light.

Work undertaken by the National Rural Electric Cooperative Association to electrify rural parts of the world is supported by a...

Business

Oklahoma oil prices and drilling report for Dec. 29, 2018

Oklahoma oil prices and drilling report for Dec. 29, 2018

Business

Tumbling markets take toll on local firms

After a brief rebound Wednesday, crude oil prices continued to slide Thursday, dragging down most Oklahoma energy stocks. At...

Business

Franchising is a growing business plan in Oklahoma

You don't have to be an entrepreneur, innovator or possessor of the next best idea since sliced bread to make a decent amount...

Business

Oklahoma oil prices and drilling report for Dec. 28, 2018

Oklahoma oil prices and drilling report for Dec. 28, 2018

Uptown Revival

Business3 days ago

Redevelopment of several blighted buildings is underway at a key corner in Uptown that is home to the longtime landmark Blue Note Lounge. All the buildings, starting with a filling station at the corner (2400 N Robinson Ave.) to a two-story mix...

Exclusively from The Oklahoman

Business

Oklahoma oil prices and drilling report for Dec. 27, 2018

Oklahoma oil prices and drilling report for Dec. 27, 2018

Business

Chesapeake Energy shares surge Wednesday

Chesapeake Energy Corp. shares jumped 27 percent Wednesday after a director said he bought $4 million in company stock and as...

Business

Santa's helpers: Local children provide feedback for some of season's popular toys

Only the procrastinators have yet to put a wrap on their Christmas shopping, but for those still seeking toys, there are some...

Business

Oklahoma business briefs.

Business briefs for Dec. 22, 2018

Business

Oklahoma oil prices and drilling report for Dec. 22, 2018

Oklahoma oil prices and drilling report for Dec. 22, 2018

Business

This utility is building on past relationships to grow its power generating fleet.

Oklahoma Gas and Electric Co. has wrapped up a periodic review of its power needs and proposes to acquire two, existing power...

Business

Oklahoma oil prices and drilling report for Dec. 21, 2018

Oklahoma oil prices and drilling report for Dec. 21, 2018

Business

Wind-driven power continues to gust by its past records

Wind energy set another record Thursday morning. The Southwest Power Pool, which handles power supply needs across Oklahoma and...

Business

Oklahoma business briefs

Oklahoma business briefs for Dec. 21, 2018

Business

Oil price slide could cut state revenues

Oil prices continued their free fall this week as demand fears added to existing concerns of global oversupply. Oklahoma is...

Business

Oklahoma oil prices and drilling report for Dec. 20, 2018

Oklahoma oil prices and drilling report for Dec. 20, 2018

Business

Kingfisher County lost another round before Oklahoma's Supreme Court in its temporary lines fight.

The Oklahoma Supreme Court agreed to reconsider a ruling it made earlier this month that reaffirmed state law gives the...

Business

Gulfport has named a new chief executive.

Gulfport Energy Corp. announced it named David M. Wood, a 40-year industry veteran, as its new president and CEO. Wood replaces...

Business

Oklahoma oil prices and drilling report for Dec. 19, 2018

Oklahoma oil prices and drilling report for Dec. 19, 2018

Business

Oklahoma business briefs for Dec. 19, 2018

Oklahoma business briefs for Dec. 19, 2018

Business

Recap: Energy chat with Adam Wilmoth and Jack Money

Join reporters Adam Wilmoth and Jack Money for their monthly energy chat.

Business

Oklahoma oil prices and drilling report for Dec. 18, 2018

Oklahoma oil prices and drilling report for Dec. 18, 2018

Business

Oilwoman has gained legitimacy, respect since her husband's 2004 death

SEMINOLE — Darlene Wallace, president and CEO of Columbus Oil Co., has led two very different lives. For 25 years, Wallace was...

Business

Oklahoma oil prices and drilling report for Dec. 15, 2018

Oklahoma oil prices and drilling report for Dec. 15, 2018

Business

Oklahoma business briefs

Oklahoma business briefs for Dec. 16, 2018

Business

Oil imports continue despite production growth

U.S. oil production and export capacity both are expanding rapidly, but don't expect imports to end anytime soon. The country's...

Business

Oklahoma oil prices and drilling report for Dec. 14, 2018

Oklahoma oil prices and drilling report for Dec. 14, 2018

Business

Storing industrial water underground for future use isn't science fiction.

Oklahoma rules adopted in 2017 make it possible for municipalities, other governmental entities and businesses to use aquifers...

Business

Oklahoma oil prices and drilling report for Dec. 13, 2018

Oklahoma oil prices and drilling report for Dec. 13, 2018

Business

Here's another way to evaluate ongoing activity in Oklahoma's SCOOP, Merge and STACK plays.

Oil and gas producers in Oklahoma's SCOOP, Merge and STACK plays have been posting impressive production numbers the past year...

Business

Panhandle's annual report shows the company continues to update its profile and performance.

Panhandle Oil and Gas Inc. announced this week it earned a net income of $14.6 million during its fiscal year for 2018, up...

Business

Oklahoma oil prices and drilling report for Dec. 12, 2018

Oklahoma oil prices and drilling report for Dec. 12, 2018

Business

Oklahoma oil prices and drilling report for Dec. 11, 2018

Oklahoma oil prices and drilling report for Dec. 11, 2018

Business

This oil and gas company's cushion to operate has grown.

Chaparral Energy said Monday it has an expanded credit facility and an ability to hedge more of its production. Officials...

Business

Oklahoma business briefs for Dec. 8, 2018

Oklahoma business briefs for Dec. 8, 2018

Business

Oklahoma oil prices and drilling report for Dec. 8, 2018

Oklahoma oil prices and drilling report for Dec. 8, 2018

Business

Oklahoma oil prices and drilling report for Dec. 7, 2018

Oklahoma oil prices and drilling report for Dec. 7, 2018

Business

U.S. oil production continues to expand as prices fall

Despite the more than 150-year-old industry's record clip, the country's oil reserves also are expanding. Proved reserves set a...

Legislature dipping into self-driving vehicle regulation

Business16 hours ago

For the first time since the technology became a reality, the Legislature is poised to begin regulating self-driving cars and trucks.

Exclusively from The Oklahoman

Business

This designation puts Oklahoma on a different kind of map

The Oklahoma Geological Survey has been named a partner is the Advanced National Seismic System, it has announced. The...

Business

Oklahoma oil prices and drilling report for Dec. 6, 2018

Oklahoma oil prices and drilling report for Dec. 6, 2018

Business

Re-use of produced water for other purposes remains a part of Oklahoma's water future, conference participants were reminded on Wednesday.

Looking at innovative ways to use Oklahoma's sources of water, even water that is of marginal quality, is part of the state's...

Business

Updated rules regarding future wind projects are on their way to Gov. Mary Fallin.

The Oklahoma Corporation Commission sent emergency rules it adopted governing notification requirements for wind farm projects...

Around The Web

California officially becomes first in nation mandating solar power for new homes

California became the first state in the U.S. mandating new homes have rooftop solar panels or get power from solar farms.

Business

Oklahoma oil prices and drilling report for Dec. 5, 2018

Oklahoma oil prices and drilling report for Dec. 5, 2018

Business

Oklahoma oil prices and drilling report for Dec. 4, 2018

Oklahoma oil prices and drilling report for Dec. 4, 2018

Business

Kingfisher County Commissioners ask Oklahoma's Supreme Court to reconsider its oil, gas decision

The Kingfisher County Board of County Commissioners is asking the Oklahoma Supreme Court to reconsider a decision it issued in...

Business

Oklahoma business briefs for Tuesday, Dec. 4, 2018

Oklahoma business briefs for Tuesday, Dec. 4, 2018

Business

Oklahoma's oil and gas economy is slowing, or not. It depends on where you are.

Oklahoma's oil and gas economy appears to be slowing in one of its busiest plays. But statewide, activity is significantly up,...

Business

Oklahoma oil prices and drilling report for Dec. 1, 2018

Oklahoma oil prices and drilling report for Dec. 1, 2018

Business

Several companies being sued on complaints their saltwater disposal wells caused earthquakes are paying into a fund to settle, without admitting liability.

Some companies involved in a class action suit that asserts saltwater disposal activities caused earthquakes have agreed to pay...

Business

Oklahoma oil prices and drilling report for Nov. 30, 2018

Oklahoma oil prices and drilling report for Nov. 30, 2018

Business

Oklahoma state treasurer to join OGE

Energy briefs for Nov. 30, 2018

Business

This company is 'all in' for Oklahoma and its oil and gas plays, it says.

Bison Oilfield Services LLC announced Thursday it has closed on a deal to acquire another company in a pact that officials said...

Business

Gasoline prices continue slide

It's been another volatile week for oil and natural gas prices, but consumers continue to benefit as local gasoline prices...

Business

Nonprofit aims to improve safety on busy roads

Various oil and gas companies have joined with local educators and government officials to form the Energize for Safety...

Business

Oklahoma oil prices and drilling report for Nov. 29, 2018

Oklahoma oil prices and drilling report for Nov. 29, 2018

Business

Deadline approaches in Kingfisher County temporary lines case

An oil and gas association and Kingfisher County Commissioners continue sparring over pending permits operators have filed to...

Business

Pruitt partner tapped for state secretary of energy and environment

Kenneth Wagner, a senior official at the Environmental Protection Agency with close ties to former state attorney general Scott...

Business

Devon Energy chairman announces retirement

John Richels will retire as chairman of Devon Energy Corp. following the company's June 2019 annual meeting, the Oklahoma...

Business

Climate change will hit state's farmers, tribes and infrastructure

Oklahoma will experience an increase in extreme weather events, more days above 100 degrees and declining water access that...

Business

Oklahoma business briefs for Nov. 28, 2018

Oklahoma business briefs for Nov. 28, 2018

Business

Oklahoma oil prices and drilling report for Nov. 28, 2018

Oklahoma oil prices and drilling report for Nov. 28, 2018

Business

Oklahoma oil prices and drilling report for Nov. 27, 2018

Oklahoma oil prices and drilling report for Nov. 27, 2018

Business

Growing power needs in parts of rural Oklahoma are creating issues for cooperatives that serve those areas.

Changes in state law have created some disagreements about the rights utilities have to serve customers in some situations. Two...

Locally famous Haunted House restaurant restored as home for boys at a 'hard place in their lives'

Business6 days ago

Off the beaten path in northeast Oklahoma City, the former Haunted House restaurant has been redesigned as an extension of the Speck Home for Boys.

Exclusively from The Oklahoman

Senior centers' success has board in a quandary

BusinessDec 24, 2018

The surprising success of Oklahoma City's new senior centers has the voluntary MAPS 3 Citizens Advisory Board grappling with the question of how many centers to build, and where. "I think it's a mistake" not to build all the centers promised to...

Exclusively from The Oklahoman

Q&A with Derek Ensminger: Government shutdown creates labor law issues

Business16 hours ago

Government shutdown creates labor law issues Q: During the federal government shutdown, some federal employees, including IRS employees, are being asked to work without pay. Does this create an issue under labor laws? A: Yes, like private...

Exclusively from The Oklahoman

Ex-wife wants child support from powerful state lawmaker

Life13 hours ago

Rep. Kevin Wallace has been ordered to appear on the second day of the upcoming legislative session for his arraignment in Lincoln County District Court on a contempt of court citation.

Exclusively from The Oklahoman

Oklahoma WIC benefits to continue into March despite shutdown

Health16 hours ago

Director of state Women, Infants and Children program tries to correct erroneous messages on social media. ,

Exclusively from The Oklahoman

Free dental care offered during 2-day clinic

Health1 day ago

Those in need of dental care can receive it free of charge Feb. 1 and 2 during Oklahoma Mission of Mercy dental clinic at State Fair Park.

Exclusively from The Oklahoman

Shut up and tackle? Not if OU wants to remedy racism

Sports2 days ago

On the day our country commemorated civil rights leader Martin Luther King Jr., Oklahoma President Jim Gallogly announced that two women involved with a blackface video have withdrawn from the university and "will not return to campus." It's a...

Exclusively from The Oklahoman