A generational shift impacting the energy industry will be the topic of the next University of Oklahoma Energy Institute webcast. Tisha Schuller’s discussion will be moderated by institute board member Mike Ming, founder and president of Ming Energy Partners, and Robert Hefner, president and CEO of Hefner Energy. The episode will be available online at ou.edu/price/energyinstitute/energy-webcast, officials said.

Subsidies. A mundane yet often published subject, like that of the article published November 14th, 2019 by Forbes titled Fossil Fuel Subsidies And Impact Greenwashing Are Stalling The Energy Transition. It’s an often used, yet thoroughly debunked, attack on those who produce and sell traditional fuels to power our lives. With Forbes alone publishing twice more in the past few months, on July 25, 2019 US Spend Ten Times More on Fossil Fuel Subsidies Than Education and again on October 26, 2019 EU Accused of Subsidizing Fossil Fuels Through Capacity Markets, on the subject of energy subsidies it would seem everyone is discussing subsidies at the coffee shop on a routine basis these days even though that’s quite unlikely. Regardless, it is time to set some things straight.

Slide 22 suggests that Devon’s top highlight is the Centaur Density Development project, which came online at 2,600 barrels of oil equivalent per day per well (5-well density). It also suggests that the project is dramatically outperforming the 10k Type Curve after being online for about 60 days.

Continental announces they will drill 350 horizontal wells in a 81 square mile area, the most aggressive full field development in Oklahoma history

Oklahoma and Texas lead the pack with the lowest breakeven costs in the country

In a win for the industry, on April 4, in Sierra Club v. Chesapeake Operating LLC (Case No. 5:16- cv-00134), the U.S. District Court for the Western District of Oklahoma dismissed an environmentalist lawsuit against multiple oil and gas companies blaming hydraulic fracturing for increased earthquake risk.

Hefner Energy's Founder & CEO, Robert Hefner V, has been named 2016 "Best Member Communication" from the American Association of Professional Landmen (AAPL) for his work and social media interaction surrounding the lightning-rod issue of induced seismicity.

Marathon Oil announced they will pay $888MM to acquire Payrock Energy's position in the STACK, covering roughly 61,000 net acres and current net production of 9,000 barrels of oil equivalent per day (Boe/d).

Working toward their targeted $2-3 billion non-core divestment goal to offset late 2015 strategic acquisitions, Devon signed a deal to sell its Mississippi Lime assets in northern Oklahoma for $200 million to White Star Petroleum, formerly known as American Energy Woodford. A member of the American Energy Partners family founded by the late Aubrey McClendon in 2013.