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Oklahoma Energy News - Oil & Gas

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Wild times led to rules oil and gas operators follow today that could limit their wells' productions.

While they don't get much attention these days, annual production limits on Oklahoma wells still are enacted and enforced by...

Business

Oklahoma oil prices and drilling report for Wednesday, Sept. 19, 2018

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

Business

Recap: Energy Chat with Adam Wilmoth and Jack Money

Review a transcript of September's Energy Chat.

Business

Oklahoma oil prices and drilling report for Tuesday, Sept. 18, 2018

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

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U.S. becomes world's largest oil producer

The United States likely has become the world's largest crude oil producer, earlier this year outpacing Russia and Saudi...

The Oklahoman
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Oklahoma's electric utilities prepare for emerging technology

Oklahoma's electric utilities must be flexible as they work with changing consumer and industry behaviors, industry leaders...

Business

Oklahoma oil prices and drilling report for Friday, Sept. 14, 2018

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

Business

Oklahoma oil prices and drilling report for Thursday, Sept. 13, 2018

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

Business

Oklahoma business briefs for Sept. 12

Oklahoma business briefs for Sept. 12.

Business

Oklahoma oil prices and drilling report for Wednesday, Sept. 12, 2018

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

Business

OU students gain real-world energy experience though new program

Participants in the Ronnie K. Irani Center for Energy Solutions work in groups with students from different energy-related...

Business

Earthquake-related lawsuits advance

A series of ongoing earthquake-related lawsuits advanced last week with two stays lifted and two new lawsuits filed. In Payne...

Business

Oklahoma oil prices and drilling report for Saturday, Sept. 11, 2018

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

Business

SandRidge Energy directors reject all offers to buy the company

SandRidge Energy Inc. directors have rejected all offers to buy all or part of the company and are instead considering buying...

Business

Geological Foundation to honor 4 at Legends Dinner

The Oklahoma Geological Foundation is honoring four men at its annual Legends Dinner on Nov. 1.

Executive Q&A with Timothy Pehrson: Integris Health welcomes new president, chief

Health2 days ago

Executive Q&A with Timothy Pehrson: Integris Health welcomes new president, chief

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Business

Oklahoma business briefs

Oklahoma business briefs for Sept. 8.

Business

Oklahoma oil prices and drilling report for Saturday, Sept. 8, 2018

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

Business

Oil industry focuses on high technology

Representatives from oil and natural gas companies throughout Oklahoma and Texas met at Oklahoma City's Energy Innovation...

Business

Oklahoma energy briefs for Sept. 7, 2018

Plugging In: Oklahoma energy briefs for Sept. 7.

Business

Technology gains highlighted in CEO presentations

While the executives were giving their presentations in New York, representatives from energy firms through the state and...

Business

WinStar Casino first casino to partner with NFL team

Thackerville's WinStar World Casino is the first casino to be granted official designation as an NFL team’s exclusive partner.

Business

Chesapeake, former SandRidge CEO settle lawsuit claiming firms conspired on lease payments

Chesapeake Energy Corp. and former SandRidge Energy Inc. CEO Tom L. Ward have agreed to pay $6.95 million to settle an...

Business

ABLE working through thousands of alcohol licensing applications

Quantity and volume are two measurements the Oklahoma Alcoholic Beverage Laws Enforcement Commission is used to working with,...

Business

Oklahoma oil prices and drilling report for Wednesday, Sept. 6, 2018

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

Business

Oklahoma business briefs for Sept. 5

Oklahoma business briefs for Sept. 5.

Business
Video

Longer lasting lighting is headed to your yard and area streets

Oklahoma Gas and Electric Co. and Bethany are marking a milestone for both by celebrating the installation of LED lights and...

Business

Oklahoma oil prices and drilling report for Wednesday, Sept. 5, 2018

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

Business

Taking Stock: Preferred shares not always the preferable investment

Taking Stock: Preferred shares not always the preferable investment

Business

Future Files: Trade negotiations produce market uncertainty

Future Files: Trade negotiations produce market uncertainty

Business

Oklahoma business briefs for Sept. 1, 2018

Oklahoma business briefs for Sept. 1, 2018

Business

Oklahoma oil prices and drilling report for Saturday, Sept. 1, 2018

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

Business

Plugging In: Oklahoma energy briefs for Aug. 31, 2018

Plugging In: Oklahoma energy briefs for Aug. 31, 2018

Business

Oil price nears six-week high leading into holiday weekend

Domestic benchmark oil prices on Thursday finished the day at more than $70 a barrel for the first time in seven weeks,...

Business

This veteran corporation commission staffer is retiring after 40 years.

Tim Baker, director of the Oklahoma Corporation Commission's Oil and Gas Conservation Division, retires today after four...

Business

Oklahoma oil prices and drilling report for Friday, Aug. 31, 2018

Oklahoma oil prices and drilling report for Aug.31, 2018

Business

Pipe in the ground could change natural gas dynamics in western Oklahoma.

A natural gas exporter's Oklahoma pipeline project has been approved by the Federal Energy Regulatory Commission. Work on the...

Business

Oklahoma oil prices and drilling report for Thursday, Aug. 30, 2018

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

Business

This eastern Oklahoma coal plant's future is uncertain.

A long-running, Congressional-required power purchase agreement between Oklahoma Gas and Electric Co. and AES Corp., which...

Business

Gasoline prices expected to slide this fall

Consumers likely will pay less for gasoline this fall as prices drop on lower demand and less-expensive winter fuels, according...

Business

Oklahoma oil prices and drilling report for Wednesday, Aug. 29, 2018

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

Business

Oklahoma oil prices and drilling report for Tuesday, Aug. 28, 2018

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

Business

Online scenarios provide financial lessons for students

The K20 Center for Educational and Community Renewal is an Oklahoma powerhouse of authentic resources for teaching and learning...

Business
Video

Stillwater’s Quest RTS creates software that keeps big rigs rolling with automated dispatch, billing procedures

STILLWATER — Chandler's Acord Transportation dispatches dozens of trucks across Oklahoma each day to transport fertilizers,...

Business

These corporation commission runoffs will set the stage for November's general election.

Voters will go to the polls on Aug. 28 to select a Democrat and a Republican to participate in November's general election for...

Business

Oklahoma's best and worst stocks last week

Eagle & Beagle: Oklahoma's best and worst stocks last week

Business

Futures File: US trade disputes sink some agriculture prices

Futures File: Plunging pork prices lead this week’s edition of Futures File, our weekly commodities wrap-up.

Arcadia couple riding with co-op driven to preserve Arizona Route 66 icon

Business3 days ago

New Route 66 Co-Op, formed to buy and preserve the Painted Desert Trading Post in eastern Arizona, peels out with a $20,000 matching grant from the National Park Service Route 66 Corridor Preservation Program.

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Business

Oklahoma oil prices and drilling report for Saturday, Aug. 25, 2018

Oklahoma oil prices and drilling report for Aug. 25, 2018

Business

BP considers selling Oklahoma assets

BP Lower 48 is considering selling its assets in Oklahoma's Anadarko and Arkoma basins, according to an internal memo from CEO...

Business

Oklahoma business briefs

State rig count remains unchanged The number of rigs searching for oil and natural gas this week fell by 13 nationally, but...

Business

SandRidge commissions Colorado natural gas plant as executives ponder company's future

SandRidge Energy Inc. has commissioned a new natural gas processing plant in Colorado to support development in the area while...

Business

Manufacturing activity expanding at a slower rate in Oklahoma

August manufacturing activity expanded, but at a slower pace, in the region that includes Oklahoma, according to a survey...

Business

Ninnekah lodge provides housing that supports workers in Oklahoma's SCOOP play.

Man camps haven't taken over Oklahoma's oil field landscape the way they have in the Bakken and Permian plays. One, however,...

Business

Oklahoma energy briefs for Aug. 24, 2018

Plugging In: Oklahoma energy briefs for Aug. 24.

Business

Investor demands spark growing environmental interest

A growing trend toward environmental activism among oil and natural gas industry investors could lead to increased investment...

Business

Oklahoma oil prices and drilling report for Friday, Aug. 24, 2018

Oklahoma oil prices and drilling report for Aug. 24, 2018

Business

BNSF Railway to build south OKC logistics center

Agricultural and industrial companies have a new option to locate along the railroad after BNSF Railway this week unveiled its...

Business

Oklahoma oil prices and drilling report for Thursday, Aug. 23, 2018

Oklahoma oil prices and drilling report for Aug. 23, 2018

Business

Oil and gas association sues Kingfisher County over water transport

The Oklahoma Oil and Gas Association on Tuesday sued the Kingfisher County Commissioners, escalating a monthslong fight over...

Business

Oklahoma oil prices and drilling report for Wednesday, Aug. 22, 2018

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

Business

PSO's incoming president is bringing regulatory, renewable and transmission expertise to the job.

American Electric Power announced Monday that Peggy Simmons will become Public Service Co. of Oklahoma's president and chief...

Business

Oklahoma oil prices and drilling report for Tuesday, Aug. 21, 2018

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

Business

Oklahoma business briefs

Oklahoma business news briefs

Business

Futures File: Refineries pumping out gasoline sends prices lower

Futures File: Refineries pumping out gasoline sends prices lower

Health

Oklahoma business briefs

Oklahoma adds rig to state count The number of rigs searching for oil and natural gas increased by one in Oklahoma this week...

Business

Oklahoma oil prices and drilling report for Saturday, Aug. 18, 2018

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

Business

Cushing inventory continues its fall, federal data shows.

The Cushing terminal in northern Oklahoma was storing a record amount of oil less than two years ago. But now, the amount of...

Business

Drilling activity grows outside of state's core fields

Oil production continues to expand throughout much of Oklahoma, including in areas outside of the state's core STACK and SCOOP...

Business

Oklahoma energy briefs for Aug. 17, 2018

Plugging In: Oklahoma energy briefs for Aug. 17.

Business

Oklahoma oil prices and drilling report for Friday, Aug. 17, 2018

Oklahoma oil prices and drilling report for Aug. 17, 2018

Business
Video

Warning signs preceded deadly well blowout, fire near Quinton

The U.S. Chemical Safety and Hazard Investigation Board released preliminary findings on Thursday from a study it is conducting...

Business

Antioch Energy signs produced water agreement

Oklahoma City-based Antioch Energy LLC has reached a deal with WaterBridge Resources LLC of Houston to handle water produced...

Business

Oklahoma oil prices and drilling report for Thursday, Aug. 16, 2018

Oklahoma oil prices and drilling report for Aug. 16, 2018

Business

Devon Energy to sell Permian assets for $215 million

Devon Energy Corp. will sell 9,600 acres of noncore properties in the Permian Basin for $215 million, the company announced...

Business

Energy chat readers remain interested in the industry's future.

NewsOK readers had questions about where the price of crude oil is headed and about Oklahoma energy companies' continued plans...

Business

Chaparral Energy posts $22 million second-quarter loss

Chaparral Energy Corp. recorded a loss of $22 million in the second quarter even as the company's STACK production jumped by 44...

Business

Oklahoma oil prices and drilling report for Wednesday, Aug. 15, 2018

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

Business

Recap: Energy chat with Adam Wilmoth and Jack Money

Read a recap of The Oklahoman's monthly energy chat.

Business

Oklahoma oil prices and drilling report for Tuesday, Aug. 14, 2018

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

Business

Chesapeake Energy agrees to Pennsylvania settlement

Chesapeake Energy Corp. would pay $7.75 million and change the way some of its transportation costs are calculated as part of a...

Oklahoma River to get a tree makeover

Business3 days ago

A mostly barren 3.5-mile stretch of the Oklahoma River south of downtown is set to get an influx of 1,000 trees, patches of wildflowers and natural grasses, and about 50 natural stone benches as part of a 50th anniversary celebration next year by...

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Business

This attorney general's opinion indicates rooftop solar system lease to own deals are OK, in some areas

An attorney general's opinion has cast some light on the opportunity solar companies have to offer power purchase agreements...

Business

Improved efficiencies make more Oklahoma oil wells economical

Continued efficiency improvements have helped oil and natural gas companies expand operations throughout western and...

Business

Oklahoma business briefs for Aug. 11, 2018

Oklahoma business briefs for Aug. 11, 2018

Business

Oklahoma oil prices and drilling report for Saturday, Aug. 11, 2018

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

Business

One power provider's growth is electric.

A rural electric cooperative serving parts of northwest Oklahoma is growing just as quickly as oil and gas activities are...

Business

Unexpected cash flow creates opportunities and challenges for oil executives

Many oil and natural gas executives over the past quarter have found themselves in the happy position of having to decide what...

Business

Plugging In: Oklahoma energy briefs for Aug. 10, 2018

Plugging In: Oklahoma energy briefs for Aug. 10, 2018

Business

Oklahoma oil prices and drilling report for Friday, Aug. 10, 2018

Oklahoma oil prices and drilling report for Aug. 10, 2018

Business

OGE Energy reports its net profit for the second quarter improved, year over year.

OGE Energy posted a net profit of $111 million for the second quarter of 2018. In the second quarter of 2017, its net profit...

Business

SandRidge Energy posts $34 million second-quarter loss

SandRidge Energy Inc. recorded a net loss of $34.1 million in the second quarter as its directors continue to evaluate bids for...

Business

Continental boosts drilling budget

Higher-than-expected oil prices have allowed Continental Resources executives to boost the company's 2018 drilling budget by...

Business

Oklahoma oil prices and drilling report for Thursday, Aug. 9, 2018

Oklahoma oil prices and drilling report for Aug. 9, 2018

Business

This federal project aims to upgrade electricity distribution in southern Oklahoma.

The U.S. Department of Agriculture is loaning out about $16.3 million to Red River Valley Rural Electric Association, an...

Business

Continental Resources posts $243 million second-quarter profit

Continental Resources Inc. on Tuesday reported a second-quarter profit of almost $243 million as oil and natural gas production...

Business

Mammoth Energy Services expands operations

One of Oklahoma's fastest-growing companies, Mammoth Energy Services continued to expand in the second quarter, buying up two...

Business

Oklahoma oil prices and drilling report for Wednesday, Aug. 8, 2018

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

Business

Oklahoma business briefs

Rebuilt Braum's store to reopen EDMOND — The Braum's on Danforth Road in Edmond will reopen at 6 a.m. Tuesday. The new store,...

Business

Oklahoma oil prices and drilling report for Tuesday, Aug. 7, 2018

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

Business

OKC-based Mammoth Energy Services profits, revenue soar on contracts to restore Puerto Rico power

Mammoth Energy Services Inc. on Monday reported a second-quarter profit of $42.7 million as revenues surged on the strength of...

Business

Another Oklahoma oil and gas company was bit by hedges, its earnings show.

Panhandle Oil and Gas reported Monday that it posted a net loss of about $775,000 for its most recent quarter. The company said...

Business

Continental Resources receives minerals subsidiary investment

Continental Resources Inc. has created a minerals subsidiary and agreed to sell a stake in the new venture to Toronto-based...

Business

Oklahoma business briefs

Oklahoma business briefs for Aug. 4

Business

Oklahoma oil prices and drilling report for Saturday, Aug. 4, 2018

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

Business

Oklahoma Energy briefs for Aug. 3

Plugging In: Oklahoma energy briefs for Aug. 3

Business

Oklahoma energy firms' earnings roundup

Oklahoma energy companies report second-quarter earnings

Business

Oklahoma City-based Enable records $86 million second-quarter profit

Oklahoma City-based Enable Midstream Partners generated a profit attributable to common unit holders of $86 million in the...

Business

Oil price jump creates earnings heartburn

Oil and natural gas producers generally love higher commodity prices, but a stronger-than-expected jump so far this year has...

Business

Western Farmers Electric Cooperative is eclipsing many other cooperatives when it comes to having solar as part of its power generating fleet.

A report issued by a National Rural Electric Cooperative Association highlights the growth of solar power generation used by...

Business

Oklahoma oil prices and drilling report for Friday, Aug. 3, 2018

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

Business

Oklahoma business briefs for Aug. 2

Oklahoma business briefs for Aug. 2.

Business

Devon Energy to adjust STACK drilling plans

Devon Energy Corp. executives are adjusting the company's drilling program in northwest Oklahoma's STACK play, but still are...

Business

Oklahoma's Corporation Commission does more than most similar agencies in other states, research shows.

The National Academy of Public Administration on Wednesday presented general observations it has made during so far as it...

Business

Oklahoma oil prices and drilling report for Thursday, Aug. 2, 2018

Oklahoma oil prices and drilling report for Aug. 2, 2018

OKC City Manager Jim Couch's retirement coincides with start of new era

Business20 hours ago

The announcement by Jim Couch on Monday that he is set to retire doesn't just mark the end of a record stint as city manager, nor is it notable only for how it was a time of growth and innovation for Oklahoma City.

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Business

Oklahoma City-based Chesapeake Energy posts $40 million second-quarter loss

Oklahoma City-based Chesapeake Energy Corp. generated a second-quarter net loss to common shareholders of $40 million, or 4...

Business

PSO customers getting a refund

Public Service Co. of Oklahoma took its latest calculations on savings from the Tax Cuts and Jobs Act of 2017 before the...

Business

Gulfport Energy records $111 million profit

Gulfport Energy Corp. generated a profit of $111 million in the second quarter as production surged 28 percent from the...

Business

Oklahoma oil prices and drilling report for Wednesday, Aug. 1, 2018

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

Business

Oklahoma City-based Devon Energy posts $425 million second-quarter loss

Oklahoma City-based Devon Energy Corp. on Tuesday recorded a second-quarter net loss of $425 million even as the company's U.S....

Business

Oklahoma oil prices and drilling report for Tuesday, July 31, 2018

Oklahoma oil prices and drilling report for July 31, 2018

Business

Moody's considers upgrade for Chesapeake

Credit rating agency Moody's Investors Service said Monday it is considering upgrading Chesapeake Energy Corp.'s credit after...

Business

We have got a stockpile of oil available, but that amount is falling.

The forecast drawdown of the Strategic Petroleum Reserve will make some history. The reserve opened in 1977 with about 2.64...

Business

The U.S. Strategic Petroleum Reserve is changing, but maybe not in a way you expect.

Sales of oil from the U.S. Strategic Petroleum Reserve to support the nation's petroleum needs is a tool President Donald Trump...

Business

Oklahoma's best and worst stocks last week

Eagle & Beagle: Oklahoma's best and worst stocks last week

Business

Futures File: Federal bailout, rising wheat prices offer respite to US farmers

Futures File: Federal bailout, rising wheat prices offer respite to US farmers

Business

Oklahoma business briefs

Oklahoma business briefs for July 28, 2018

Business

Oklahoma oil prices and drilling report for Saturday, July 28, 2018

Oklahoma oil prices and drilling report for July 28, 2018

Business

Utilities have pulled the plug on what had been proposed as the largest wind project in America.

The utility backing the Wind Catcher Energy Connection project in Oklahoma won't pursue its approval, it announced on Friday....

Business

Oklahoma energy companies to detail second-quarter production

Higher oil prices, increased production and advancing development projects promise strong second-quarter earnings for Oklahoma...

Business

Oklahoma energy briefs

Plugging In: Oklahoma energy briefs for July 27.

Business

Consumers were amped up by OG&E's Electric Vehicle Ride and Drive event.

Consumers didn't let heat keep them away from Oklahoma Gas and Electric Co.'s second-annual Electric Vehicle Ride and Drive...

Business

Oklahoma oil prices and drilling report for Friday, July 27, 2018

Oklahoma oil prices and drilling report for July 27, 2018

Business

Oklahoma City-based Chesapeake Energy to sell Ohio assets for $2 billion

Oklahoma City-based Chesapeake Energy Corp. has agreed to sell its Utica Shale assets in Ohio for $2 billion, executives said...

Business

Trial in earthquake class-action lawsuit delayed

The trial in a class-action lawsuit over the 2011 earthquakes near Prague has been delayed pending an appeal.

Business

Strong crude oil prices are keeping Oklahoma's oil and gas industry humming.

The Oklahoma Energy Index, a monthly measure of the state's oil and gas industry, increased in May. The Index has been trending...

Business

Oklahoma oil prices and drilling report for Thursday, July 26, 2018

Oklahoma oil prices and drilling report for July 26, 2018

Business

OKC firms push back on groups' claim of EPA favor

Three environmental groups on Tuesday sent a letter to the Environmental Protection Agency, asking the new leadership to...

Business

Oklahoma City-based Chaparral Energy marks first day on NYSE

Oklahoma City-based Chaparral Energy Inc. shares on Tuesday traded for the first time on the New York Stock Exchange.

Business

Oklahoma City-based Continental Resources production jumps

Oklahoma City-based Continental Resources Inc.'s oil production surged 25 percent in the second quarter as drilling continued...

Business

Many Oklahoma sectors grew 2018, not just oil

Oklahoma’s real gross domestic product at the beginning of 2018 reflects broad-based economic growth.

Business

Oklahoma oil prices and drilling report for Wednesday, July 25, 2018

Oklahoma oil prices and drilling report for July 25, 2018

Business

Oklahoma oil prices and drilling report for Tuesday, July 24, 2018

Oklahoma oil prices and drilling report for July 24, 2018

Business

Trade war threatens $208 million of Oklahoma's exports

In President Donald Trump's multinational trade war, an estimated $208 million worth of Oklahoma's exports are in danger...

Business

Water fight heats up in Kingfisher County

A growing fight in the heart of Oklahoma's oil patch pits local control against state regulators, private property owners...

Business

Oil operators rely on water from several sources

Oil and natural gas operations are heavily water-dependent, forcing producers to constantly look for new and better ways to...

Business

Futures File: Trade war sends pork prices plummeting

Futures File: Trade war sends pork prices plummeting

Business

Oklahoma business briefs

Oklahoma business briefs for July 21.

Work to resume this fall at Gold Dome in Oklahoma City

Business5 days ago

Work is set to resume on the Gold Dome in Oklahoma City this fall as developer Jonathan Russell attempts to reverse damage done by prior owners when they painted and sealed the geodesic dome.

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Let the games begin: State Fair returns to Oklahoma City

Business5 days ago

Neal Petersen has attended the Oklahoma State Fair since before he can remember, and for years he's tried to ride every ride. “I moved to Oklahoma when I was 14,” Petersen said. “But I was coming before because my dad has always lived here.”...

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Thunder at 10: Why Game 6's stand as most memorable to Thunder fans

Sports2 days ago

The Oklahoman tallied 60 fan submissions for their most memorable game in Thunder history and a theme emerged around unforgettable Game 6 scenarios.

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OU football: Linebackers coach Tim Kish draws on experience to prepare Sooners for Army

Sports4 hours ago

NORMAN — This week, Oklahoma linebackers coach Tim Kish got up and gave the entire Sooners team the scouting report on Army. He broke down what the Black Knights do on each side of the ball — from their unique triple-option offensive attack to...

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Burning questions for Sam Presti's media availability

Sports6 hours ago

Thunder general manager Sam Presti will have his preseason media availability on Thursday. Here are some burning questions he'll likely face before the Thunder opens camp next week. Will Andre Roberson be available in preseason? The Thunder...

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How Cornelius changed a game and a narrative with his feet

Sports3 days ago

On a day that Oklahoma State dismantled Boise State, there were lots of reasons for the Cowboys’ success. But no player turned the game or changed his narrative more than Taylor Cornelius. A switch seemed to flip for the Cowboy quarterback when he...

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