OklahomaMinerals.com
Oil & Gas News
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2.4KTime between drilling and first production has little effect on oil well production
According to North Dakota production data, the length of time that an oil well has been drilled but remains uncompleted—meaning it has...
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1.8K
OU study turns scrutiny toward deep faults that cut into oil and gas zones not bound by earthquake regulations
By Corey Jones Tulsa World – A study examining why Oklahoma is susceptible to man-made earthquakes has documented faults in the state’s...
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Encana’s Newfield acquisition is working out better than planned, its top executive says
The Oklahoman—Everyone loves it when a plan works. In Encana’s case, its $7.7 billion acquisition of Newfield Exploration in February has performed...
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Analysis: SCOOP/STACK operators scale back rig activity by 40% so far in 2019
Denver — Operators in Oklahoma’s SCOOP/STACK, once one of the hottest US onshore plays outside the Permian, have scaled back on the number...
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Saudi stock market dives, crude futures to jump after drone attack on oil plants
PUBLISHED SUN, SEP 15 2019 Natasha Turak@NATASHATURAK – CNBC KEY POINTS Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as...
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T. Boone Pickens, larger-than-life energy tycoon and Oklahoma State benefactor, dies at 91
By Cheryl Hall – Dallas Morning News – T. Boone Pickens, legendary energy executive, philanthropist, ardent Oklahoma State University supporter and one of America’s...
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U.S. shale firms cut budgets, staff as oil-price outlook dims
ODESSA, Texas (Reuters) – Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts...
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GE to lose majority control of Baker Hughes with up to $3 billion share sale
(Reuters) – General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of...
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He Paid $1.50 an Acre for Barren Texas Land Now Worth $7 Billion
By Austin Weinstein – Bloomberg – So much of the Texas land in the Permian Basin is under production that the lights...
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Saudi Arabia is dramatically changing its oil exports to China and the US
Natasha Turak – CNBC – Saudi Arabia has seriously ramped up its oil exports to China in recent months. How dramatic is...
