One of our sharp-eyed followers caught a slight error in the story we reported this week about Tufts University and its study of earthquakes, fracking and wastewater disposal wells. As OK Energy Today pointed out, the research showed the subsurface injection of fluids, whether it be in the fracking process or the disposal of wastewater …
Planetary Radio Live with Mat Kaplan and Planetary Society CEO Bill Nye at the Science Museum Oklahoma Science Live Auditorium featured two OU researchers on Wednesday. They were: Nathan Kaib, professor of astrophysics, who discussed the formation of Mars; and Megan Elwood Madden, professor of geology and geophysics, who talked about the interaction of rocks and …
Tulsa’s Cypress Energy Partners, L.P. plans to release its first quarter earnings and hold a conference call on Monday, May 13. The call will be held at 9 a.m. CDT where leadership will discuss the financial results. When the company released its fourth quarter 2018 results in March of this year, it reported a …
“We believe the worst is behind us.” Ann Fox President of Nine Energy. One of the players in Oklahoma’s SCOOP and STACK plays, Nine Energy Service, Inc. of Houston, Texas reported first quarter 2019 revenues of $229.7 million, net income of $17.3 million and adjusted EBITDA of $39.2 million. The basic earnings per share came …
While reporting increased oil production in its expanded operations, Oklahoma City-based Chesapeake Energy also reported increased costs and a loss of $182 million from operations in the first quarter of 2019. The $182 million loss compares to $42 millions in profits reported one year ago. Lost income before income taxes came to $335 million …
Oklahoma Gov. Kevin Stitt has signed into law a bill to regulate self-driving cars. Both the State House and Senate approved Senate Bill 365 which is known as the Oklahoma Driving automation System Uniformity Act. On Tuesday, the Governor signed it into law, making it the 188th bill signed by him in his first legislative …
Continental Resources Inc. is finding more success in the SCOOP as it reported three Grady County wells this week, each with production more than 1,000 barrels of oil a day. The wells are located about 7 miles east of Chickasha where the Oklahoma City-based energy company started staging density unit tests a few years ago. …
Oklahoma Gov. Kevin Stitt has signed a bill into law extending tax credits for CNG vehicles. House Bill 2095, authored by Reps. Terry O’Donnell, Mark McBride and Scott Fetgatter along with Sen. Stephanie Bice extends the credit to be used by those who convert diesel or gas-powered vehicles to Compress Natural Gas, Liquefied Natural Gas …
Leadership at Chevron has only a few days to decide whether to challenge the decision made by Anadarko Petroleum to accept the Occidental Petroleum buyout offer over Chevron’s. The board of directors at Anadarko said this week Occidental’s offer is superior to the agreement previously announced with Chevron. Chevron can counter the offer. It was …
A new gas-gathering system affecting some 10,000 acres in Oklahoma’s Dewey and Custer counties has been announced by Howard Energy Partners based in San Antonio, Texas. Howard Energy stated this week it executed an agreement with a major North American oil and gas producer to construct,own and operate the new system in the STACK play. …