One of the bills signed into law this past week by Gov. Kevin Stitt pertains to the Oklahoma Corporation Commission. House Bill 2151 by Rep. John Pfeiffer (R-Orlando) and Sen. Dave Rader (R-Tulsa) makes changes to the Corporation Commission’s underground storage programs. It creates the Oklahoma Petroleum Storage Tank Regulatory Act and also provides for …
The nation’s oil and gas rig count has fallen below the mark a year ago according to figures released by Baker Hughes Co. of Houston. More rigs are in storage nationally and in Oklahoma. The U.S. rig count fell by 10 this past week to 1,012 or one less than last year when the rig …
Tulsa’s ONEOK, Inc. has declared a quarterly dividend of nearly 87 cents a share. The action by the Board of Directors resulted in an increase of 0.5 cents or 9 percent more compared to the dividend announced in April 2018. On an annual basis, it means a dividend of $3.46 per share. The dividend will …
Oklahoma City-based Chaparral Energy, Inc. plans to release its first quarter 2019 financial results on May 9. The release will be made before the open of the U.S. financial markets on that Thursday. A conference call will be held at 9 a.m. the same day where management will discuss the details. In addition, a …
Students in Oklahoma are expected to join a nationwide climate change strike on Friday May 3. Organizers say it’s in protest of the government failure to take action to stop climate change. The Oklahoma effort is led by a group called Youth Climate Strike Oklahoma and it intends to hold a rally in front of …
Speed limits on Oklahoma turnpikes will soon be 80 miles an hour while some state highway limits will be increased to 75 miles an hour under a bill signed into law by Governor Kevin Stitt on Thursday. Rep. Daniel Pae, R-Lawton, is the House author of House Bill 1071. Sen. John Michael Montgomery, R-Lawton, is …
The sale of two United Kingdom subsidiaries of ConocoPhillips for $2.675 billion was announced Thursday. The buyer is Chrysaor E and P Limited, a firm that describes itself as “UK’s leading North Sea independent oil and gas company.” Chrysaor’s website says the firm has interests in 5 of the 10 largest production hubs in the …
Earth Day will be observed Saturday in Tulsa with ceremonies at the Guthrie Green, an internationally recognized urban park. Sierra Club Executive Director Mike Brune will keynote the celebration at the park that utilizes geo-thermal wells, solar panels and satellite programming. “I’m thrilled to participate in Tulsa’s 2019 Earth Day Celebration,” said Michael Brune, the Sierra …
The creation of new restrictions on the oil and gas industry in Colorado this week could be good business news for those in adjacent states where there is also oil and gas exploration. At least, it’s the belief of those who live in Wyoming, New Mexico and maybe even Kansas. They speculate that perhaps …
He didn’t get his hands dirty but Vice President Mike Pence visited an oil rig Wednesday during a fund-raising stop in Midland, Texas. He not only raised money for President Trump’s reelection effort but complimented local oil and gas workers. “All of you prove every day what hard work and ingenuity and American commitment …