WPX and Howard Energy finish construction of joint venture in Delaware Basin

Tulsa’s WPX Energy and San Antonio-based Howard Energy Partners have completed construction on the majority of their joint venture to build an oil and gas gathering and processing facility in the Delaware Basin of West Texas. Howard Energy is in charge of operations. The gathering infrastructure will support an area more than 600 square miles …

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Halliburton declares dividend following annual shareholders meeting

Shareholders at Halliburton elected all ten nominees to the company’s board of directors. They also approved the compensation of Halliburton’s executive officers and a proposed amendment and restatement of Halliburton’s Stock and Incentive Plan. Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Milton Carroll, Nance K. …

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PSO to work with FFA in awarding science grants

  Public Service Company headquartered in Tulsa announced it’s partnering  again with the Future Farmers of America to provide up to $25,000 in grants for the Science, Technology, Engineering and Math program. With support from the AEP Foundation, PSO is providing the funding for a total of $25,000 in grants to be awarded to Oklahoma …

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Oil and gas association says state budget agreement is “step in the right direction”

The recent agreement on a $8.3 billion state budget reached by the Governor and Republican leaders of the legislature drew hearty support from the state’s oil and gas industry associations. Chad Warmington, President of the OIPA-OKOGA issued a statement after the announcement at the capitol. “The budget agreement for the 2020 fiscal year is a …

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Sweet spot in STACK found by Continental Resources

New completion reports filed by Continental Resources show the energy company had more than one big well at a site near Greenfield in Blaine County. As OK Energy reported earlier, the company had a well with production of more than 1,700 barrels of oil a day at 5 14N 11W. But next day filings by …

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OKC homeowners head to trial over decades old saltwater contamination

A lawsuit filed by nearly three dozen homeowners who accused ConocoPhillips of decades old saltwater and chemical contamination in the West Edmond Oil Field is about to go to trial in Oklahoma City federal court. The original suit was filed in Oklahoma County district court then transferred to U.S. District court in 2017. It accused …

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OGE Chairman talks of strong future for the utility

OGE Energy Corp. Chairman, President and CEO Sean Trauschke today told the company’s shareholders that the company is “strong and built for the long term.” Speaking at the company’s annual meeting, Trauschke said he was pleased with the performance of both OG&E, Oklahoma’s largest investor-owned utility, and Enable Midstream, in which the company owns interest, as both had contributed to …

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Williams gas line rejected by New York governor

A week after Williams received FERC approval for its controversial Northeast Supply Project from New Jersey to New York, the gas pipeline project was blocked Wednesday night by the governor of New York. It comes at a time when New York City is converting thousands of homes and businesses from heating fuel to natural gas. …

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Two counties eligible for SMA help following April storms

 Governor Kevin Stitt has announced that two Oklahoma counties may now receive disaster assistance from the U.S. Small Business Administration (SBA) as a result of the severe weather that began April 30. The designation provides SBA low-interest disaster loans for homeowners and business owners in Bryan and Pittsburg counties to replace any property damaged by …

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ExxonMobil and XTO contribute millions to colleges and universities

  ExxonMobil and its XTO Energy subsidiary workers and others contributed more than $413,000 to 10 Oklahoma colleges and universities and in turn, the donations were matched by more than $1.1 million. The matches were in unrestricted grants from the ExxonMobil Foundation as part of the foundation’s 2018 Educational Matching Gift Program. The company contributed …

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