Following last weekend’s tornadoes and floods that hit northeast Oklahoma, State Attorney General Mike Hunter announced the implementation of the Emergency Price Stabilization Act in effect for Mayes, Rogers, Tulsa and Wagoner counties. His move aimed against price gouging followed a state of emergency declared Wednesday by Gov. Mary Fallin. It targets those who want …
Harold Hamm can’t stop smiling no doubt as his Continental Resources continues to drill well after well in Oklahoma’s STACK, and find success. With 171,000 acres of leasehold in Oklahoma’s STACK, Hamm’s Oklahoma City-based Continental Resources has brought in four more wells. While they are nothing like the Verona drilled last year with 3,300 Boed …
In making her announcement of being a candidate for State Labor Commissioner, Mustang Rep. Leslie Osborn told supporters the state has serious challenges. At the same time, she said the Labor Commissioner has an important role in “building a better and stronger Oklahoma by championing people, jobs and businesses.” The Republican legislator was a small …
The downturn in the oil and gas industry has caught up Louisiana-based Knight Energy Holdings LLC. The company filed for Chapter 11 bankruptcy this week showing it has nearly $200 million in secured debt and another $10 million in unsecured debt. Knight Energy is an oil and gas tool rental company whose leaders say they have …
Houston-based Cabot Oil and Gas Corp. has turned the tables on a Pennsylvania man who filed suit claiming the gas driller had polluted residential water wells in Pennsylvania. Cabot, one of the largest natural gas drillers in Pennsylvania went to court this week and filed a $5 million lawsuit against Ray Kemble and his lawyers …
A change of heart by operators of the largest coal-fired power plant in the western U.S. Co-owners of the Colstrip Generating Station in southeastern Montana now say they will continue running the 2,100-megawatt plant for the foreseeable future. Last year, officials at Talen Energy based in Pennsylvania indicated that a new operator would be needed …
Northwest Oklahoma’s 6th annual Tri State Oil and Gas Convention is underway in Woodward. Lt. Gov. Todd Lamb will launch the convention Thursday morning with the opening keynote address beginning at 9:15. He’ll be followed by the annual Legislative Panel to be moderated by Adam Wilmoth, Energy Editor of the Oklahoman. The final speaker of …
A small independent oil and gas company headquartered in Purcell, Oklahoma is one of three companies that won bids to explore the world’s biggest oil reserves—-those in Venezuela. It has the energy world wondering how they did it. And maybe why. When word leaked recently that Horizontal Well Drillers LLC, whose chief executive officer is …
The Oklahoma Corporation Commission has asked for reduced operations of wastewater injection wells following last week’s surge of earthquakes around Edmond. The directive applies to wells operating within a 10-mile radius of the earthquakes that caused damaged last week. The reduction will be by 95%. Three of the largest wells, the Dahl, Wishon and McCoon, …
The Oklahoma Supreme Court now must decide on the three lawsuits filed in challenge of three new taxes and one tax deduction change following oral arguments Tuesday morning. Justices held three separate hearings on the suits and listened to 3 hours of arguments against the taxes. Attorney James Naifeh, representing GOP Gubernatorial candidate Gary Richardson …