Tulsa-based The Williams Companies is about to go to trial in Wisconsin in a 13-year legal battle that went to the U.S. Supreme Court and back. It involves customers who overpaid millions of dollars for natural gas but the lawsuit seeks triple the overpayment and it could be as high as $2 billion. Williams along …
Hydraulic fracturing in the Permian Basin of West Texas is being blamed in part for some of the earthquakes in the region according to a new study by the University of Texas at Austin. “The research done through this new study in West Texas, using a statistical approach to associate seismicity with oil and gas …
A state agency in Oklahoma says general revenue fund collections for September were up nearly 2% over a year earlier, despite the state’s recent slowdown in the oil patch. Still, oil and gas tax collections were down and some state leaders might be keeping their fingers crossed that the slowdown won’t have a major impact …
Oklahoma City-based Love’s Travel Stops and Country Stores announced that along with its customers, the company managed to raise more than $3.75 million for the Children’s Miracle Network Hospitals during a just-concluded five-week campaign. It was the 20th year for the campaign and this year, Love’s beat the $3.6 million goal it set to help …
Tulsa-based Laredo Petroleum, Inc. announced third-quarter oil and total production results that are above prior guidance and will start work on its 2020 operation and production plans. Working mostly in the Permian Basin, the company stated it exceeded third quarter oil and total production producing 27.8 thousand barrels of oil a day and 81.9 thousand barrels …
Bison Oil and Gas Partners II, LLC in Denver announced the closing of a $155 million loan with Varde Partners, a global alternative investment firm. Bison plans to use the proceeds to fund its ongoing drilling program and expansion of its rural asset base in the Denver-Julesburg Basin. It will also use some of the …
A local utility emergency in Duncan led Tuesday to the temporary closing of the Oklahoma Corporation Commission’s Oil and Gas Conservation Division’s District III office. The OCC announced it would send a notice when the office is reopened. Until then, those needing assistance were asked to call the division’s main line at the Jim Thorpe …
The future of oil and gas rig drilling is here. In fact, it has been for the past 7 years at Tulsa-based Unit Drilling Company where giant, modern-day computerized rigs are manufactured and sold. The latest model? $20 million for Unit’s Boss Rig 414 that sits at the Unit yard, 7101 SW 29 street in …
Other energy stories around the nation. **The PG and E situation in California where power was cut off to hundreds of thousands of residents in the past week has resulted in one researcher to complain. The University of California researcher claims the power outage might have wiped out $500,000 in cancer studies. She contends she …
Oklahoma City-based Lagoon Water Solutions announced Tuesday the addition of three new company employees. Brian Twyman was hired as Accounting Manager where he will lead the accounting team and provide senior management with support on accounting and finance related matters. Twyman has worked in the oilfield services and energy industry for more than 15 …