A Pittsburg County judge has postponed the lone trial that remained and had been scheduled over the 2018 drilling rig fire and explosion in which five men died in the tragic accident near Quinton, Oklahoma. At the same time, Texas-based National Oilwell Varco, L.P continues its fight to unveil the sealed confidential settlement reached by …
Oklahoma City’s EOG Resources LLC, an energy firm with operations extending to China reported success right in its back yard, bringing in a two-well pad with production of more than 1,800 barrels of oil a day. The Nighthawk 0718 wells, located at 7 9N 4W or about 7 miles west of Newcastle in McClain County …
Tulsa’s NGL Energy Partners LP announced that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended September 30, 2019. This cash distribution is payable on November 14, 2019 to common unitholders of record at the …
Oklahoma City’s Enable Midstream Partners LP will be doing some shuffling of its leadership with the announced departure of Chief Operating Officer Craig Harris. He’s leaving Enable Midstream to become a chief executive for a privately-held midstream energy company. But the announcement did not identify which firm. “Craig’s impact at Enable has been significant, and …
A crane operator fired by Phillips 66 in Ponca City after he tested positive for amphetamines lost his appeal with the U.S. 10th Circuit Court of Appeals in Denver. The court ruled against Richard Turner who complained his firing violated the Americans with Disabilities Act. Turner contended he fell under the ADA because of his …
Reports indicate the saltwater purge happened near the town of Omega and close to the Blaine-Kingfisher county line has yet to decline. The water purge was reported in early July in the STACK play and at least four nearby saltwater disposal wells remain shut down while the Oklahoma Corporation Commission continues its investigation. “This is …
We usually write about Oklahoma U.S. Rep. Markwayne Mullin and his energy duties on Capitol Hill. But this week, he and Tulsa congressman Kevin Hern were among the Republicans who marched en masse to the closed-door impeachment hearings held by the House Intelligence Committee chaired by Democrat Rep. Adam Schiff. They didn’t get very far …
** House Transportation Chairman Peter DeFazio (D-Ore.) said he won’t bring Republicans in on his transportation bill because they don’t share his climate goals. “I think there are certain pieces … where we have goals that [House Republicans] don’t share in terms of dealing with climate change and climate crisis in this bill,” he said. “We’re going to …
State Treasurer Randy McDaniel announced this week that Moody’s Investors Service has upgraded the state’s credit outlook from stable to positive. The rating agency concurrently affirmed Oklahoma’s credit rating of Aa2. Moody’s action follows a meeting last month with state leaders to provide rating analysts with an update on the economy, credit trends, and policy …
Tulsa’s ONEOK, Inc. declared an increased quarterly dividend of 91.5 cents a share. The move by the board of directors increased the dividend by 2.5 cents which results in an annualized dividend of $3.66 a share. The dividend will be payable Nov. 14, 2019 to those shareholders of record at the close of business Nov. …