Oklahoma exploration and production Devon Energy is one step away from capping a blowout at a natural gas well that has prompted authorities to seal off thousands of acres of land near the Eagle Ford Shale towns of Yorktown and Nordheim.
Alarms failed to trigger when more than 100 barrels of drilling fluid ignited and killed five people, according to investigators.
Oklahoma is tightening its rules for fracking after studying a new cluster of earthquakes in one of the hottest U.S. regions for drilling.
The oil prospectors of Oklahoma, it appeared, finally had a solution to their earthquake problem.
The U.S. Chemical Safety Board has said it will launch a full investigation into the Oklahoma rig explosion that killed five people this week as Oklahoma authorities suggested that an equipment failure might have contributed to the tragedy.
Five workers are presumed dead, including one Texan, after an explosion ripped through a drilling rig in Oklahoma, triggering the nation's deadliest oil and gas incident in several years.
Five workers are missing following a gas explosion at a drilling site in Oklahoma, according to a news report.
The Price College of Business Energy Institute at the University of Oklahoma will host its fifth annual Energy Symposium, March 30, 2017, at the Devon Energy Center in Oklahoma City. The event will feature two panel sessions: “Forces Shaping the Future of Energy – Global and U.S. Big Picture” and “Challenges and Opportunities in the U.S.” The sessions will focus on the impact of technology and innovation in areas such as global supply and demand. Speakers from areas in business and academia will encourage discussion on challenges facing the energy industry. Energy Institute board of advisors members, Mike Stice and Bruce Stover, will moderate both panel sessions.
For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing.
Oklahoma’s oil and gas regulator plans to shut some disposal wells and reduce the volume of others as its initial response to Sunday’s earthquake near the oil hub of Cushing.
Jericho Oil said it has signed an agreement to acquire leaseholds in Central Oklahoma in a $3.9million deal.
Sanchez Production Partners (SPP) said its partnership has closed the sale of most of its operated oil and natural gas wells, leases and associated assets and interests in Oklahoma and Kansas.
Marathon Oil has agreed to buy PayRock Energy Holdings for $888million from venture capital firm EnCap Investments, increasing its stake in the Anardarko Basin STACK play in Oklahoma.
Four minor earthquakes have been reported in and around shale reserve basins in Oklahoma, according to the US Geological Survey.
SandRidge Energy has hired advisers to evaluate options including a bankruptcy filing, in what could be the most high-profile reorganisation yet in US shale oil industry.
Towns on the Great Plains are built to withstand tornadoes. Earthquakes are a new thing. A cluster of central states surrounding Oklahoma now faces the highest risk of earthquakes induced by human activities "such as fluid injection or extraction," according to a short-term seismic forecast by the US Geological Survey.
Chesapeake Energy Corp. is weighing a sale of some of its holdings in an oil-soaked patch of shale in Oklahoma known as the Stack, as the natural gas giant unloads assets to pay down debt, according to people familiar with the matter. The Oklahoma City-based company recently interviewed advisers to oversee a potential sale, said the people, who asked not to be identified because the matter isn’t public. It has also held informal talks with potential buyers, they said.
A former chief executive of Chesapeake Energy has been charged with conspiring to rig bids to buy oil and natural gas leases in Oklahoma.
SandRidge Energy said it will be making job losses from its Lariat Services Group in Oklahoma.
A series of earthquakes that have hit the US state of Oklahoma has to led to calls for the governor to make changes to oil and gas drilling regulations and reduce seismic activity.
Jericho Oil said it has closed its non-brokered private placement of more than 17million units for $6.929million. The company said the proceeds of the offering were used to acquire producing wells and prospective acreage in Central Oklahoma.
A 4.3 magnitude earthquake has caused power outages to thousands of homes in Oklahoma. The latest tremor is one in a series which has led state regulators to call for more restrictions on oil and gas companies operating in the region.
Phillips 66 has overhauled how it plans for earthquakes, a sign US energy companies are starting to react to rising seismicity around the world's largest crude hub in Cushing, Oklahoma.
Magnolia Petroleum has begun a 10 well drilling programme targeting the Woodford formation in the Central Oklahoma Oil Province play. An estimated 3.2billion barrels of oil have already been recovered from 60 reservoirs. Magnolia has a stake in each of the 10 wells which are operated by Continental Resources.
A pipeline to America’s largest crude-oil hub is about to find itself in an unfamiliar position: not full. One of the main pipelines that carries crude to Cushing, Oklahoma, will run at less than capacity in December for the first time in nearly two and a half years. The drop in supply coincides with the opening of a pipeline to Quebec, giving shippers the option of diverting some oil from the middle of the U.S. “There will be less light sweet crude available to make its way to Cushing,” said Andy Lipow, president of Lipow Oil Associates LLC in Houston. “There’s going to be some significant rebalancing of where oil flows in North America.”