Challenge filed against state regulation of energy industry

Calyx Energy, based in Tulsa, filed multiple applications on April 29, 2020, to drill on land in Hughes County; the applications requested multiunit horizontal wells, well location exceptions, increased well density, pooling, and exceptions to spacing requirements.

Summit to buy gas assets of CenterPoint

Summit Utilities, Inc., of Centennial, Colo., has signed a definitive agreement to acquire the Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc. for $2.15 billion in cash.

Energy, retail face layoffs in state

OKLAHOMA CITY – Between the economic slowdown from the coronavirus pandemic and the dramatic slump in the energy industry because of a supply glut, Oklahoma workers in retail stores and the energy industry are getting economically hammered.

While oilpatch ‘majors’ drown in debt, service companies are eking by

While the “majors” in oil and gas production/exploration and the service industry are awash in debt, smaller oil field servicing companies in Oklahoma remain in business but at a lower level of activity and leaner profit margins. One of those is Al’s Pump & Supply Co.