Granite Wash

Oklahoma Regulators Target More Disposal Wells Following Cushing Quake

The Oklahoma Corporation Commission said it was implementing an action plan that shuts or reduces volumes from 58 wastewater disposal wells in the Arbuckle Formation of Oklahoma following the magnitude 5.0 earthquake on Nov. 6.

November 9, 2016

Outlook: US Natgas Output To Drop For First Time Since 2005

The last time year-over-year gas natural gas production declined was in 2005 when Hurricanes Katrina and Rita slammed into the Gulf Coast, damaging energy infrastructure.

November 9, 2016

Cushing Oil Hub Resumes Normal Operations After 5.0 Earthquake

Checks on the extensive network of pipelines and fuel tanks in the area showed no significant damage from the tremor, Oklahoma Corporation Commission spokesman Matt Skinner said.

November 8, 2016

Magnitude 5.0 Quake Strikes Near Cushing, Oklahoma

Cushing authorities said the downtown area was being evacuated due to gas leaks and infrastructure inspection. The quake was among the larger temblors felt recently in Oklahoma.

November 7, 2016

Chesapeake Says SEC Seeking Info On Asset Purchases

A class action lawsuit was filed in a U.S. District Court on Oct. 4 against Chesapeake, alleging violations of securities laws for 'purported misstatements' in its public filings, the company said in a regulatory filing on Nov. 3.

November 4, 2016

Report: US Lower 48 Natural Gas Output Up

The increase occurred as drillers started to return to the well pad as oil prices climbed over $50 a barrel in recent months. Most of the new drilling was in the Permian shale in west Texas and eastern New Mexico.

November 1, 2016