Monthly Archive: March 2016

SandRidge Debt Grows——Company Slashes Capital Spending by 60 percent

SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year.
The debt for 2015 g…

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SandRidge Debt Grows——Company Slashes Capital Spending by 60 percent

SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year.
The debt for 2015 grew to…

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Feds order Firms to Cough up $1.5 million for Not Paying OT to Oilfield Workers

Some 241 oil well service workers in Texas and New Mexico are being paid a total of $1.5 million, including $750,000 in back wages following a federal government investigation into the oil and gas sectors in both states.
Nova Mud Inc., Nova Hard…

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Feds order Firms to Cough up $1.5 million for Not Paying OT to Oilfield Workers

Some 241 oil well service workers in Texas and New Mexico are being paid a total of $1.5 million, including $750,000 in back wages following a federal government investigation into the oil and gas sectors in both states.
Nova Mud Inc., Nova Hardbandin…

Continue reading »

SandRidge Debt Grows——Company Slahses Capital Spending by 60 percent

SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year. And in a filing with the S…

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SandRidge Debt Grows——Company Slahses Capital Spending by 60 percent

SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year.
The debt for 2015 grew to…

Continue reading »

Tulsa Mayor Bartlett Outlines Plan for Fight to Keep Williams Cos. in His City

Those layoffs carried out this week by Williams Cos. in Tulsa aren’t a surprise to Tulsa Mayor Dewey Bartlett. But he says what is a surprise is how the Williams Companies might leave his city once its merger is completed with Dallas-based Energy Trans…

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Williams Layoffs Begin in Tulsa and Oklahoma City

Tulsa-based Williams Cos. Inc. and Williams Partners LP began layoffs in Tulsa and Oklahoma City on Tuesday as previously announced in mid-March. At that time, Williams CEO Alan Armstrong said that layoffs would affect 10 percent of the company’s 6,700…

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WTI, Brent Crude Futures Slip Below $40 A Barrel

Oil futures fell for a fifth straight session on Tuesday to settle at their lowest level in two weeks, as traders braced for industry reports that are likely to show another increase in U.S. crude supplies, according to Bloomberg Marketwatch.
Prices s…

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Completion Reports March 30, 2016

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