Those state workers responsible for developing the research and response to the earthquakes in Oklahoma are welcoming the recent move by Governor Mary Fallin to transfer $1.4 million in emergency funds to the Oklahoma Geological Survey and the Oklahoma…
January 2016 archive
Lost Jobs Mount in Growing Oil and Gas Downturn
While Oklahoma’s loss in the oil patch figures to be close to 12,000 employees in the past year, in the state of Texas an estimated 288,000 have lost jobs because of what’s happened to energy prices. One report says 72,000 of those are direct los…
Lost Jobs Mount in Growing Oil and Gas Downturn
While Oklahoma’s loss in the oil patch figures to be close to 12,000 employees in the past year, in the state of Texas an estimated 288,000 have lost jobs because of what’s happened to energy prices. One report says 72,000 of those are direct losses in…
Completion Reports January 29 2016
00285_Completion_Reports_January_29_2016.htm
Permits to Drill January 29 2016
00283_Permits_to_Drill_January_29_2016.htm
Crude Winning Streak Extends to Three Sessions on Thursday
Make it three sessions in a row for gains on U.S. crude oil. On the New York Mercantile Exchange, March West Texas Intermediate crude climbed 92 cents to settle at $33.22 a barrel. March Brent crude added 79 cents to end trade at $33.89 a barrel on the…
Governor Fallin Releases $1.4 Million in Emergency Funds to Address Earthquakes
Governor Mary Fallin has approved moving funds from the state emergency fund to bolster earthquake research efforts. The Governor has moved $1.4 million to the Oklahoma Corporation Commission and the Oklahoma Geological Survey. The Coordinating Council…
Large Fracing Operation Sold to Houston Company
The Canadian company which owns the tenth largest fracing operation in the U.S. announced it was selling its American frac operations to a Houston based company. Trican Well Service is selling the assets to the Keane Group for a total consideration of …
Pickens, Son Settle Lawsuit Over Pay
Right before a trial was to start this week between oilman T. Boone Pickens and his son Michael Pickens, the two came to a settlement. The younger Pickens claimed his father didn’t pay him more than $15 million for work performed and failed to transfer…
Oklahoma, Nation Adding Wind Energy at Near Record Pace
The American Wind Energy Association (AWEA) released its Fourth Quarter 2015 Market Report this week showing the industry had the second strongest quarter ever. During the fourth quarter alone, the American wind industry installed 5,001 megawatts (MW)….