Trump Makes Cabinet Picks, Energy Looks Promising

President-elect Donald Trump has chosen his nominees for the departments of energy, state and head of the Environmental Protection Agency (EPA), but they must first be approved by the senate. Trump nominated former Texas Gov. Rick Perry for Secretary of Energy, ExxonMobil CEO Rex Tillerson as Secretary of State, and Oklahoma Attorney General E. Scott […]

Read More

Pennsylvania nears end of investigation into whether drilling companies cheated landowners

Power Source By Marc Levy HARRISBURG, PA. –  Pennsylvania state investigators are close to wrapping up an investigation into complaints that landowners in northeastern Pennsylvania are being cheated of royalties by natural gas companies exploring the Marcellus Shale, Attorney General Kathleen Kane said Tuesday. Kane told the Senate Appropriations Committee that agents from the office’s […]

Read More

Oil & Gas Newcomer Earns Top Large Employer

News OK By Paula Burkes New Jersey native Greg Boxer recently resigned from Goldman Sachs in Manhattan to join American Energy Partners — the Oklahoma City-based oil and natural gas operating and asset management company started last year by Aubrey McClendon. Boxer said he couldn’t have received a more generous welcome in his move from […]

Read More

Why Low Oil Prices Are a Good Thing for Addax Minerals

Dallas Business Journal By Nicholas Sakelaris Not everyone is sweating sub $70 crude oil. If you’re in the business of buying oil and gas minerals, it’s a great time to buy. That’s how Ryan Watts, the president of Dallas-based Addax Minerals, responded when asked how the company is affected by plummeting oil prices. “We’re always […]

Read More

The Downside of the Boom

By Deborah Sontag and Robert Gebeloff  WILLISTON, N.D. — In early August 2013, Arlene Skurupey of Blacksburg, Va., got an animated call from the normally taciturn farmer who rents her family land in Billings County, N.D. There had been an accident at the Skurupey 1-9H oil well. “Oh, my gosh, the gold is blowing,” she […]

Read More

Judge Approves $5.15 Billion Anadarko Environmental Settlement

Fuel Fix A federal judge has approved Anadarko Petroleum Corp.’s $5.15 billion settlementover accusations that a subsidiary ducked environmental liabilities in a spin-off of one of its companies. According to the Wall Street Journal, Manhattan federal Judge Katherine B. Forrest decided on Monday that the settlement deal could go through after Anadarko agreed to the […]

Read More

Utica Shale Wells Fuel Gulfport Production Spike

Canton Rep By Shane Hoover Gulfport Energy’s third-quarter oil and natural gas production increased 60 percent from the previous quarter thanks to better than expected performance from new Utica Shale wells, the company said Thursday. Oklahoma City-based Gulfport produced 3.9 million barrels of oil equivalent for the third quarter, a rate of 42,332 barrels of […]

Read More