Oklahoma U.S. Rep. Frank Lucas and Senators Jim Inhofe and James Lankford were among 44 members of Congress who are urging the White House to take action to approve construction of the stalled Keystone XL pipeline. In a letter sent to President Trump, Lucas, Inhofe and the others urged him to “take any appropriate action …
Oklahoma U.S. Sen. Jim Inhofe says nothing is new from Democrats as far as climate change demands are concerned as Democrats prepare to take over the House. He’s expected to play a key role in any infrastructure push in the coming year and downplayed demands made by Minority Leader Chuck Schumer for climate change policies …
Chesapeake Energy says its buyback program of Senior notes resulted in nearly $8 million in notes repurchased by the Oklahoma City energy company. The company said holders of $7,809,000 in 2.25% convertible Senior Notes due 2038 excised their right to surrender the notes for repurchase. Another $923,000 in notes remains outstanding. The offer …
A more than $2 billion capital program has been announced by Phillips 66, the Houston company with major operations throughout Oklahoma. It totals $2.3 billion according to Chairman and CEO Greg Garland. “The 2019 capital program reflects our strong portfolio of growth projects aligned with our long-term strategy. We are building out our integrated Midstream …
Seismologists had a busy weekend with small earthquakes in northern Oklahoma. The strongest measured 3.0 magnitude and occurred around 1:42 a.m. Monday. The U.S. Geological Survey reported the quake had a depth of nearly 4 miles and the epicenter was only 3 miles north of the small town of Togo or about 34 miles east …
An Oklahoma Corporation Commission Administrative Law Judge gave hundreds of residents opposed to two well drilling sites in Canadian County a partial victory in the past week. But only after scolding one opponent for declaring “we will not be steamrolled over.” ALJ Kendal Huber Minmier gave a stern rebuke to opponent Eric Sanderson, stating “There …
Rig counts dropped in Oklahoma and across the U.S. in the past week. Oklahoma’s count slipped by two from a week ago to 140 oil and gas rigs while nationally, the count dropped by 4 to reach 1,071. The number of oil rigs in the U.S. declined by 4 to reach 873 while the number …
The liberal environmentalists who tried and failed to get voter-approved tighter restrictions on drilling setbacks in Colorado aren’t giving up. Colorado Rising, thee group that got Proposition 112 on the November ballot says it’s forming an exploratory committee to begin running a ballot initiative in the 2020 election cycle. Anne Lee Foster, with Colorado …
When governor-elect Kevin Stitt visited the White House this week and met with President Donald Trump, it wasn’t just a meet-and-greet opportunity for him. He also used the visit to the nation’s capital to promote Oklahoma’s Port of Catoosa and encourage exportation of Oklahoma products. The discussion surrounding the eastern Oklahoma waterway came as …
While Houston’s Marathon Oil is considered a top explorer in Oklahoma’s STACK and SCOOP plays, it’s also expanding operations in North Dakota’s Bakken Shale. The company recently announced it’s producing strong results at a new four-well pad site in Dunn County, North Dakota. It’s also known as the Ajax area of the Bakken shale basin. …