Lagoon Water Solutions; Oklahoma’s premier water midstream provider, closed on an $85 million purchase of Continental’s eastern STACK water recycling facility, gathering system and three related disposal wells in Blaine County, Oklahoma. Along with the transaction, Lagoon has entered into a long-term arrangement with Continental to gather and dispose of produced water and source recycled …
An American Indian tribe opposes a company’s plan to dump oilfield wastewater upstream of a river in central Wyoming, saying the pollution could hurt business for fishing and rafting guides. Dallas-based Aethon Energy plans to put over 8 million gallons of polluted water from the Moneta Divide oil and gas field into two creeks feeding …
Nearly 1,800 oil and gas wells in 32 western Oklahoma counties are under new ownership of a partnership created last year in Oklahoma. BCE-Mach II has signed a purchase and sale agreement within its new partnership with Bayou City Energy (BCE), BCE-Mach II, for the acquisition of US producing properties in Beckham, Custer, Dewey, Roger …
Leaders at Tulsa’s ONEOK believe the future of natural gas in North Dakota is worth investing $400 million. The company plans to add to its LPG pipeline also in the Permian Basin. Plans are in place for a 40,000 barrel-a-day expansion of NGLs through the West Texas LPG pipeline in West Texas. This is in …
The Oklahoma Department of Environmental Quality has a new focus…medical marijuana waste disposal management. It is the result of the legislature passing the Oklahoma Medical Marijuana Waste Management Act or SB 882 in the just-concluded 2019 legislative session. The act allows for the issuance of up to 10 licenses in the first year of the …
The State Labor Department announced the amount of unpaid wages and benefits awarded Oklahoma workers in fiscal year 2019 was nearly double the previous fiscal year. And it said the increase was due in large part to claims brought against struggling healthcare providers and municipal hospitals. The Wage and Hour Division paid $839,909 in unpaid …
The Oklahoma Corporation Commission announced it has started accepting more credit cards under its processing system. Beginning July 30, the OCC’s IFTA and IRP system started accepting VISA and American Express credit card payments for IRP, IFTA, Trip, Fuel and Unladen permit bills. It previously had accepted MasterCard and Discover card payments. The new credit …
U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Senate Environment and Public Works (EPW) Committee, praised the unanimous committee passage of America’s Transportation Infrastructure Act of 2019 and announced provisions in the legislation that will benefit Oklahoma. Inhofe’s provisions focus on the future of Oklahoma, specifically: sufficient funding to prioritize Oklahoma highway projects, using freight dollars …
ONEOK, Inc. announced higher second-quarter 2019 financial results, compared with the second quarter 2018, and maintained 2019 financial guidance. The company saw an 11 percent increase in net income to $312 million or 75 cents per diluted shares compared to the first quarter of 2019. Its adjusted EBITDA totaled $632.4 million which was a 5 …
Baker Hughes Co. reported increased second quarter 2019 revenue of $6 billion, up 7 percent from the first quarter and 8 percent better than a year ago. The company said it had orders totaling $6.6 billion which was a 15 percent increase over the previous quarter and 9 percent more than the second quarter of …