Oklahoma

BCE-Mach LLC, formed earlier this year with the ousted founder of SandRidge Energy Inc., Tom L. Ward, on Monday said it would buy a bundle of properties in the Mississippian Lime that are primarily operated by Ward’s former company.

Continental Resources Inc. raised its production guidance and increased capital expenditures (capex) for the year, as it plans to deploy more rigs in the Bakken Shale and a multi-year development program targeting Oklahoma’s myriad stacked reservoirs.

Houston-based Marathon Oil Corp. (MRO) on Thursday raised its U.S. and global oil and gas guidance, with domestic onshore operations delivering strong returns sequentially across the board, CEO Lee Tillman said during an earnings conference call to discuss results.

Emerge Energy Services LP subsidiary Superior Silica Sands LLC expects to start up a fracture sand mining and processing operation by the end of the year in the heart of Oklahoma’s myriad reservoirs with nameplate capacity of 1.5 million tons/year.

A judge in Oklahoma has determined that a lawsuit filed after an earthquake, currently the second most powerful temblor recorded in the state’s history, can move forward with class action status.

In response to a pair of earthquakes in north-central Oklahoma last month, state regulators have directed operators of nearly two dozen wastewater disposal wells to cut back on volumes and to perform additional testing.

Higher oil prices drove a surge in profits and revenues for Continental Resources Inc. in the first quarter, as the company kicked off an ambitious multi-year oil development program targeting Oklahoma’s myriad stacked reservoirs.

Continental Resources Inc. said it has signed a firm transportation agreement with Enable Midstream Partners LP for the entire takeaway capacity of Project Wildcat, a 400 MMcf/d natural gas pipeline that would connect the Midcontinent with North Texas.

The Oklahoma Corporation Commission (OCC) on Thursday ordered an oil and natural gas wastewater injection well shut down in Kingfisher County in response to overnight earthquake activity.