IEA Predicts Lack of Oil Pipelines Could Hurt North American Oil Exports

The International Energy Agency is predicting if delays for pipeline approvals continue in the U.S. and Canada continues pumping more oil from tarsands, there could be reductions in export capacity. The IEA came out with its annual five-year oil forecast on Monday and warned the Canadian oil pipeline constraints are part of a wider capacity …

Continue reading »

Hamm’s Skepticism of Oil Forecasts Gets Support

Oklahoma oilman Harold Hamm has some support in his criticism of government forecasts of oil production in the U.S. Mark Papa, former CEO of EOG Resources and current Chairman and CEO of Centennial Resource Development recently expressed the same skepticism of the forecasts coming from the U.S. Energy Information Administration and others. He contends U.S. …

Continue reading »

Quakes Caused Damage at Enid

Two earthquakes, each measuring 4.2 magnitude struck near Enid on Sunday causing some damage and were strong enough to be felt in Wichita, Kansas. The US Geological Survey indicated they were the strongest earthquakes to be recorded this year in Oklahoma. “It sounded like an explosion,” Brandi Davidson told the Enid News and Eagle. She …

Continue reading »

Love Him or Hate Him, but Kevin Durant’s Using his Millions to Help Disadvantaged Kids

Okay, okay. So you don’t love Kevin Durant anymore since he dumped the Oklahoma City Thunder for more money and a chance for an NBA championship ring with the Golden State Warriors. But the former Oklahoma City and one-time fan favorite in the state is using his millions to create business opportunities in technology. At …

Continue reading »

Dallas Gas Company Maintains Secrecy After Fatal Gas Explosion

The company whose natural gas line blew up and killed a 12-year old girl last week in Dallas is refusing to reveal where old steel pipes still exist in the city. As the Dallas Morning News reported, Atmos Energy claims it would pose a “security risk” to reveal which Dallas neighborhoods still have the steel …

Continue reading »

Frac Boats for Sale

For some oil and gas operators, they use their money to invest in boats. Speeding around lakes and reservoirs. But one Texas company has a different boat in mind.  A boat to scan frack ponds. Transwater Inc. manufactures the small boats as part of its operations. The Midland, Texas company specializes in equipment for frac …

Continue reading »

Pickens’ Boyhood Home to be Moved to OSU in Stillwater

  When oilman T-Boone Pickens sells his Texas Panhandle Ranch, he will also move the home he grew up in, back to the Oklahoma State University campus in Stillwater. Currently, the white-frame home that once sat in Holdenville, Pickens’ home town, sits next to the $250 million ranch home he’s trying to unload. His fourth …

Continue reading »

Marathon to Focus on Oklahoma and Other States After Exiting Libya

Oklahoma is one of the focus targets by Houston’s Marathon Oil after selling its take in Libyan oil acreage for $450 million to French oil giant total. Marathon indicated it wanted to depart what it felt was an unstable region and focus on oil production growth in the shale regions of Oklahoma, Texas, New Mexico …

Continue reading »

Halliburton Already Planning 2018 First Quarter Earnings Release

While some firms are still releasing their 4th quarter and year-end 2017 financial results, Halliburton is planning to release its first quarter 2018 financial results in several weeks. The company said it will release the results in April and hold a conference call on Monday, April 23, 2018. Halliburton is one of the largest energy …

Continue reading »

Blueknight Energy to Release Quarterly and 2017 Year-end Reports Wednesday

Oklahoma City-based Blueknight Energy Partners L.P. plans to release its fourth quarter and full year 2017 financial results on Wednesday. The results will be released after the market closes March 7, 2018. Company leaders will also discuss the results during a Thursday morning conference call. Blueknight’s 3rd quarter 2017 results showed net income of $9.8 …

Continue reading »