Continental Resources Inc. is reporting a 16 percent increase in total production for the first quarter of 2019 compared to a year earlier. In a filing with the Securities Exchange Commission, the Oklahoma City company said it averaged 332,236 Boe per day and the production was 3 percent more than the fourth quarter of 2018. …
A bill signed into law by Gov. Kevin Stitt will allow retired paid firefighters to return to service as volunteers without affecting their state pensions. Many of those volunteers are workers in Oklahoma’s energy industry. House Bill 2051, authored by House Majority Leader Mike Sanders, R-Kingfisher, and Sen. Casey Murdock, R-Felt, passed unanimously in both …
Oklahoma’s Own Blake Shelton surprised fans on social media Monday with the announcement he’s hosting a star-studded concert weekend in his hometown of Tishomingo Memorial Day weekend. Country music star Luke Bryan will headline a show on Thursday, May 23 and Blake Shelton is the headliner for a Friday, May 24 concert. Shelton’s big news also …
The American Lung Association’s annual “State of the Air” report found many cities across the U.S. experienced more ozone and more particle pollution from 2015 to 2017. It also revealed eastern Oklahoma had some of the cleanest air. When it came to the cleanest cities for ozone air pollution, the region made up of Miami …
Chevron’s $33 billion cash and stock purchase of Anadarko Petroleum Corporation is still in effect but Anadarko announced Monday it intends to resume negotiations with another prospective buyer—Occidental Petroleum Corporation. The Chevron deal was announced April 11 but last week on April 24, Occidental Petroleum announced its own proposal to acquire Anadarko. Now Anadarko has …
Someone’s apparently interested in either acquiring Oklahoma City’s Roan Resources Inc. or consolidating with the independent oil and natural gas company. Leadership at Roan Resources announced Monday it had received “multiple unsolicited indications of interest to purchase the Company.” The statement also said the firm had received indications of “interest for in-basin consolidation opportunities.” The …
Tulsa’s Cypress Energy Partners, L.P. declared a cash distribution for the first quarter of 2019. The company’s board of directors declared the cash distribution of 21 cents per limited partner common unit. It will be payable on May 15, 2019 to all unitholders of record on May 8, 2019. The distribution is a 4-cent …
Tulsa-based Alliance Resource Partners, L.P., one of the largest coal-mining companies in the U.S. reported first quarter 2019 revenues of $526.6 million, an increase from the $457 million reported one year ago. The company credited increased coal sales volumes along with better coal prices as well as the addition of oil and gas royalty revenues. …
A slight drop in gasoline prices was reported in Oklahoma City this week while going up about 3 cents a gallon statewide. Tulsa saw a ten-cent jump in prices in the past week, going from $2.50 a gallon last week to $2.60 a gallon on average this week. Oklahoma’s overall average hit $2.62 a gallon, …
Six natural gas wells that were drilled during World War Two in the Oklahoma Panhandle were recently recompleted by Scout Energy Management, LLC. The Dallas, Texas based private investment firm performed hydraulic fracturing on the wells. Spud dates on the wells ranged from March and April, June and October of 1944 in Texas County. The …