Devon Energy releases its first quarter earnings report Tuesday and it will be the first such information nearly three months after the Oklahoma City firm announced its $58 billion merger with Coterra Energy. Details of the progress of its moving of its headquarters to Houston, Texas might also be revealed by executives when they …
If Wednesday’s meeting of the Oklahoma Corporation Commission is anything like the PSO hearing held last week, it will be a lengthy session with plenty of attorneys on hand and lots of debate. Commissioners will meet at 8:30 in the morning to begin their renewal of handling a request by Public Service Company of …
From the aviation industry to one of Oklahoma’s largest public utilities. Ian Myers was named this week to be Vice President of Finance at Public Service Company of Oklahoma. The appointment was effective May 4. In this role, Myers will lead PSO’s finance organization, overseeing financial planning and analysis, reporting, forecasting, and long-term financial strategy …
Oklahoma’s oil and gas plays saw no change in the number of rigs breaking the horizon over the past week, according to the most recent Baker Hughes Rig Count. The Cana Woodford continued with the highest number of rigs at 20 and it was followed closely by the Granite Wash play with 17 rigs. Minimal …
The remoteness and what some describe as desolate region that makes up the Permian Basin in New Mexico and Texas are also what makes it attractive to thieves. Those who steal millions of dollars in oil every year. We recently reported on how 14 individuals were arrested in recent weeks for running an oil-theft …
Oklahoma will soon have a new state law designed to protect oil and gas companies from climate change lawsuits. Gov. Kevin Stitt signed Senate Bill 1439 into law a few weeks ago, one of 33 measures he signed. Called the Energy Security and Independence Act, it was authored by Sen. Julie Daniels, R-Bartlesville and Rep. …
Oil and gas drilling was on the increase across the nation in the past week while activity remained significant in Oklahoma’s oil patch, according to the latest Baker Hughes Rig Count. The U.S. rig count increased by 3 to reach 547 oil and gas rigs. The oil rig total increased by one to 408 …
The more than $1 billion Bridger Pipeline Expansion approved Thursday by President Trump would not only carry oil from Canada to the U.S., it would mean more oil to be transported to the Cushing Hub in northern Oklahoma. The Bridger Pipeline Expansion, seen as a replacement for the Keystone XL pipeline cancelled by the …
Motorists in several Oklahoma county are greeted with $4 gasoline. AAA reports drivers in at least one county are paying $4.37 a gallon average. The high price is the average in Coal County in southeast Oklahoma. At least two other counties have averages higher than $4. Logan County along I-35 north of Oklahoma City has …
Environmental and health groups are asking the EPA to designate the Permian basin in New Mexico as a nonattainment area for ozone under the Clean Air Act. The area in question falls in southeast New Mexico and is a site for oil and gas drilling. Some Oklahoma-based oil companies are involved in the exploration and …
