Chesapeake Energy

Oklahoma City-based Chesapeake Energy has been “named in several lawsuits alleging underpayment of royalties and defended cases in Arkansas, Louisiana, Ohio, Oklahoma, Pennsylvania and Texas,” the Journal Record’s Sarah Terry-Cobo reports.

Oklahoma oil and gas companies are asking a federal judge to dismiss a lawsuit filed by members of an environmental group that seeks to reduce production waste that could be fueling a spike in earthquakes.

Joe Wertz / StateImpact Oklahoma

The U.S. oil and gas industry was shocked last week week by the sudden death of one of its most influential executives. Aubrey McClendon was killed in a single-car crash, one day after being indicted on bid rigging and price fixing charges. He was the former CEO of Chesapeake Energy, a major producer now floundering under low oil and gas prices.

Dan Boyce of Here & Now contributor Inside Energy and KUNC explores whether Chesapeake’s cautionary tale contains glimmers of hope.

Attorneys representing a Colorado man who owns mineral rights in Oklahoma have filed a federal lawsuit Thursday against two large oil and gas companies.

The class-action lawsuit was filed against Chesapeake Energy and Sandridge Energy. It stems from a federal grand jury indictment Tuesday of former Chesapeake CEO Aubrey McClendon.

americanenergypartners.com

Oklahoma City police say Aubrey McClendon was killed in this morning's fatal car crash in northeast Oklahoma City.

McClendon was Chairman, Chief Executive Officer and Founder of American Energy Partners, LP. Previously, McClendon served as Chairman and Chief Executive Officer of Chesapeake Energy Corporation from 1989-2013. He was also a part-owner of the Oklahoma City Thunder.

The Oklahoma company Chesapeake Energy’s stock value plummeted Monday. Over the past year, the stock is down more than 90 percent.

Chesapeake is the second-largest natural gas extractor in the U.S. and a major employer in Oklahoma. Here & Now’s Jeremy Hobson talks with Brian Hardzinski of KGOU in Oklahoma City about how Chesapeake Energy’s struggles are affecting Oklahoma’s economy.

Joe Wertz / StateImpact Oklahoma

Pennsylvania Attorney General Kathleen Kane filed a lawsuit Wednesday against Chesapeake Energy, seeking millions of dollars for landowners who leased land to the Oklahoma City company, our partners at StateImpact Pennsylvania report.

From Marie Cusick:

Joe Wertz / StateImpact Oklahoma

Environmental groups are threatening to sue four Oklahoma energy companies over earthquakes linked to oil and gas activity. The groups say the companies’ waste fluid injection operations are violating federal pollution law.

Joe Wertz / StateImpact Oklahoma

More than 500 Oklahoma employees of Chesapeake Energy are out of a job following the latest layoffs Sept. 29th, as oil prices stay below $50 a barrel. Gasoline is cheap, but that relief at the pump can fuel widespread worry about Oklahoma’s oil and gas-reliant economy.

Katsrcool / Flickr

Executives at Chesapeake Energy, Continental Resources and Devon Energy have proposed a plan for Oklahoma’s taxes on oil and natural gas production.

The proposal comes as legislators are debating state oil and gas taxes, which include an incentive for horizontal drilling that expires next year. The Oklahoman‘s Adam Wilmoth reports:

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