Oklahoma employees of Schlumberger might be thinking they’re lucky to have escaped a layoff that hit one of the company’s subsidiaries in South Texas. Product and Logistics Services LLC at Houston is closing its operations and nearly 188 workers are losing their jobs. That includes closing offices in Von Ormy and Pleasanton, according to a …
The earthquakes of Oklahoma and their connection to wastewater disposal wells apparently have gotten the attention of investigators who are now focusing on the Permian Basin of West Texas. As the Midland Reporter-Telegram recently revealed, researchers with Stanford University’s Standford Center for Induced and Triggered Seismicity visited Midland and the area. They are the same …
An SEC filing has been made by Oklahoma Gas and Electric reflecting acquisition of shares by members of the Board of Directors. Five of the directors, Sheila Talton, Robert O. Lorenz, Judy R. McReynolds, Frank A. Bozich and James H. Brandi each acquired 3,028.1 shares in a Dec. 11 transaction, according to the Form 4 …
With operations throughout the Southwest, Dallas-based Pioneer Natural Resources Company has announced a $2 billion buyback of its common stock. The move approved by the Board of Directors represents nearly 8% of the company’s market capitalization. Ten months ago, Pioneer announced a $100 million repurchase program for 2018 but it’s now been canceled. President and …
Tulsa-based Williams announced that the Federal Energy Regulatory Commission has issued a certificate of public convenience and necessity authorizing the Gateway Expansion Project – an expansion of the existing Transco natural gas pipeline designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets. The Gateway project helps meet growing natural gas demand …
Oklahoma Gas and Electric says it’s seen a jump in customer reports of scammers posing as OGE employees who are demanding payment of electric bills. They reportedly are doing it in person and over the phone. The utility says the scammers have been targeting churches, small businesses and nursing homes. In an announcement, OGE restated …
Thieves are apparently taking what they can from the former Westar Energy plant near the Tecumseh community east of Topeka. The plant is in the process if being demolished but not before thieves have sneaked into the place at night to carry off metal and other things they think are of value. The Shawnee County …
Oklahoma City police are now investigating whether an oil leak that happened Wednesday night was intentionally caused. Lloyd White, President of White Operational, the company that owns the site of the spill at 52nd and South Byers indicated on Thursday he felt someone intentionally opened two valves that caused the spill. White filed a report …
Finding and using water these days is nearly as important as finding oil that lays below the earth’s surface in Oklahoma’s STACK and SCOOP plays. It was the focus of this week’s American Business Conference’s Cost-Effective Water Management Congress SCOOP and STACK held in Oklahoma City. Without the water, the fracking that has led to …
This week’s death of Edmond Mayor Charles Lamb left more than an empty seat at Edmond City Hall. It left leaders of the Oklahoma Municipal Power Authority also in mourning. The 72-year old Lamb was Chairman of the Board at the Authority. He was also the longest-tenured board member, according to an announcement by the …