Oklahoma City-based Riley Exploration-Permian LLC reports initial strong production from the Brushy Bill well it drilled in the Permian Basin. Chairman and CEO Bobby Riley says the results from the well in the Company’s Champions asset in Yoakum County, Texas n the San Andrews formation are “compelling.” The Brushy Bill had first oil production on …
Investors in Tulsa’s NGL Energy Partners LP got news this week that the company’s Board of Directors declared a distribution for the quarter ending Dec. 31, 2018. The distribution amounts to $0.5625 per unit of the Partnership’s 9% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred units. The payments will be made on Jan. …
The Oklahoma Senate minority leader Kay Floyd’s announced committee assignments for the coming session of the legislature where issues directly affecting Oklahoma’s energy industry will be handled. The two Democrats named to the Senate Energy Committee are Senator Kevin Matthews and newly-elected Senator Mary Boren. Senator Floyd called the addition of Senator Boren, an attorney …
The late-November storms that affected utility companies and damaged more than 90 homes and businesses in eastern Oklahoma prompted Gov. Mary Fallin and the Cherokee Nation to request a disaster declaration from the U.S. Small Business Administration. The storms packed tornadoes, severe storms and straight-line winds on Nov. 30. Damage assessments found more than 90 …
Public Service Company of Oklahoma is a Business Customer Champion. The Tulsa-based company that has more than 550,000 customers in the state was named a 2018 Business Customer Champion in a Cogent Reports study by Market Strategies International. The award honors utilities that show exceptional performance on Brand Trust, Service Satisfaction and Product …
Less than one week before Christmas and Oklahoma drivers are getting an early present at the gas pumps where prices for the state average $2.04 a gallon. That’s two cents cheaper than a week ago and compares to the $2.30 drivers paid a month ago and to the $2.19 they paid one year earlier. AAA …
Regulators in Arkansas say they’re unsure of an agreement between environmental groups and Entergy Arkansas to close two coal-fired power plants. So they’ve started a review of the plan between New Orleans-based Entergy and the Sierra Club and the Washington, D.C.-based National Parks Conservation Association. The Arkansas Attorney General Leslie Rutledge said the plan “has …
ConocoPhillips, a company with major ties to Oklahoma, has taken a bold step in helping fund a multi-million dollar political advocacy campaign over carbon emissions. It is joining forces with ExxonMobil in financing the campaign to lobby Congress for a tax on carbon. ConocoPhillips is committing $2 million over a two-year period to the group …
Leadership in the Oklahoma House has been revealed….those who will be in charge of handling any and all bills in the coming legislative session that affect energy issues in the state. Whether it’s measures impacting the wind industry or oil and gas or even transportation, Speaker Charles McCall, the Republican from Atoka has named his …
If Democrats and Republicans in Congress don’t reach a deal to avoid a threatened shutdown of the federal government, it could mean thousands of workers at the Environmental Protection Agency and the Interior Department will get an early Christmas break. The EPA actually made plans in September for such a possibility, posting on its website …