Oklahoma congressman Markwayne Mullin spent his week off from Capitol Hill by meeting with constituents in his 2nd Congressional District. It included time at some of the energy-related businesses in eastern Oklahoma. They were in Hugo and Antlers where the Congressman visited TrinityRail Maintenance Services and the Teal-Jones Lumber Company. ” We discussed their …
Management at Unit Corporation headquartered in Tulsa plan to be a part of the EnerCom Dallas Oil and Gas Conference this week. The conference will be held Wednesday and Unit Corporation will make a presentation at 8:30 a.m. Oklahoma time. The company also plans to be a part of the Raymond James Institutional Investors …
The growth of the operations in the Permian Basin in West Texas and southeast New Mexico has prompted Matador Resources Company to expand its natural gas gathering and salt water gathering and disposal operations in the Delaware Basin. The expansion includes an agreement between the Dallas-based company and a subsidiary of Five Point Energy LLC. …
The Oklahoma Sierra Club is making a pitch to its members and followers to urge the state legislature to do more for expansion of solar energy in the state and at the same time protect the wind industry. In a message to members over the weekend, Oklahoma Sierra club Chapter President Johnson Grimm-Bridgwater said …
An agreement by Fiat Chrysler and Robert Bosch GmbH over an emissions cheating scandal means Oklahoma will get more than $2.2 million as part of its share of a lawsuit settlement. The two firms will play tens of millions of dollars to Oklahoma and 49 other states. Bosch will pay more than $98 million …
Oil and gas rig counts fell across the U.S. and in Oklahoma in the past week according to the latest figures from Baker Hughes Co. and the Red Top Rig Report. Nationally, the count dropped by four to reach 1,047 while the number of oil-drilling rigs dropped by 4 to 853 and the number of …
Not that Oklahoma oilman Harold Hamm, founder of Continental Resources, is in competition with any company to see who’s the biggest. But Bloomberg reports that Concho Resources Inc., headquartered in Midland, Texas is now bigger than Continental and Hess Corp. The proclamation came after Concho made its richest-ever acquisition. Here’s how Bloomberg reported …
New Mexico’s Gov. Michelle Lujan Grishman wants to restore the ability of the state’s oilfield regulators to directly fine well operators who don’t properly maintain equipment or spill waste. Her bill, authored by Democratic state Sen. Richard Martinez passed out of its first legislative committee this past week even though Republicans fought it. The collection …
Canada is moving more oil by rail than ever before according to the country’s National Energy Board which reported a record high in December. The Board indicated Canada exported 354,000 barrels per day of oil which was 7 percent higher than the November total of 330,400 bpd. It was nearly twice as much as …
After 12 years in prison over the infamous Enron fraud scandal, the company’s former CEO Jeffrey K. Skilling is a free man. He was released Thursday after locating last August at a halfway house at an undisclosed site from a minimum security federal prison camp in Alabama. Skilling was sentenced to 24 years in prison …