Oklahoma U.S. Sen. Jim Inhofe says it’s time to do more work on the nation’s inland waterways such as the McClellan-Kerr Navigation system in eastern Oklahoma. He laid out his cause in a recent op-ed article in the Washington Times. Our nation’s infrastructure is crumbling. The good news? We are rebuilding. When I was chairman …
While there aren’t as many oil and gas rigs in Oklahoma, companies are still seeking new energy, as witnessed by the latest permits to drill. Some of the latest permits to drill issued by the Corporation Commission show Continental resources will drill a well at 34 1N 1W in Garvin County. Newfield Exploration Mid-Cont Inc. …
Leadership at Houston’s Marathon Oil Company no doubt are giving thanks over their latest oil finds in Oklahoma’s Canadian and Garvin Counties. The company filed a completion report this week on a Garvin County well producing 1,431 barrels of oil a day along with 1,927 Mcf of natural gas. Located at 18 3N 4W or …
Oklahoma City-based LSB Industries, Inc. announced its ammonia plant in Pryor, Oklahoma is back in service after the turnaround of a startup took nearly 15 days longer than expected. It also estimated the down time of the Pryor plant and another in Arkansas could mean a nearly $9 million loss for the company. The company …
Former Phillips 66 President Tim Taylor has been added to the Board of Directors at Oklahoma City’s Continental Resources, Inc. He served as President of Phillips 66 from 2014 until he retired in 2017. Taylor previously was Executive Vice President of commercial, marketing, transportation and business development for the company from 2012 to …
Like every oil and gas company, Oklahoma City’s SandRidge Energy is dealing with low market prices and the impact of the downturn on the company’s financial stability. While company leaders expressed confidence and optimism in their recent quarterly financial report, at the same time they suggested they will consider merger possibilities should they arise. But …
** An SEC filing shows Mary M. Spears, Vice President and Chief Accounting Officer at Tulsa-based ONEOK, Inc. sold 2,000 shares in the company. The shares sold for $71.845 each giving Spears $143,690 and the sale left her still with 10,263.4188 shares in ownership. **E and E News reports attorneys general from Iowa, Illinois, Michigan …
Are private weather companies exceeding the abilities of the National Weather Service in prediction of weather? It appears so and it’s raising questions about whether the federal government should be concerned about the advancement of such private weather forecasting firms as AccuWeather, Earth Networks and the Weather Co. The Washington Post reports how those firms …
Even as he prepares to step down as the Trump administration’s Energy Secretary, Rick Perry is making headlines for his praise of President Trump. And for his religious comparisons. POLITICO’s Morning Energy Report explained: THE FINAL COUNTDOWN: Rick Perry is just days away from leaving the Trump administration. And while the Energy secretary has become enmeshed in the …
One of the largest operators in the Permian Basin, Concho Resources Inc. announced it has agreed to sell its assets in the New Mexico Shelf for $925 million to an affiliate of Spur Energy Partners LLC. The assets include nearly 100,000 gross acres that produce about 25,000 barrels of oil equivalent a day. Concho leadership …