Both Oklahoma and the U.S. dropped in the number of active oil and gas rigs in the past abbreviated week, according to Baker Hughes Co. which released the figures two days earlier than normal because of the Thanksgiving holiday. Oklahoma’s count dropped two to hit 144 rigs while the national count fell by three to …
Members of the Pedernales Electric Cooperative based in Texas got the shocking news this week….their former chief executive got a $1.1 million severance payment when he resigned over a racial controversy at the utility. John D. Hewa had been CEO at the utility since 2013 when he resigned last year following claims of racial discrimination …
Tulsa-based ONEOK has revealed details of its $1.5 billion loan agreement announced this week with a lender. In a Wednesday filing made with the Securities and Exchange Commission, the energy company said the three-year agreement was made with Mizuho Bank, Ltd. The agreement was reached Nov. 19, 2018 and will provide money for working capital, …
Oklahoma Governor-elect Kevin Stitt has added nine more individuals to his “Oklahoma Turnaround” team including a man with many years of experience as a highway contractor. Robert L. Cummins, Jr. has spent 27 years in the highway construction industry and is president of The Cummins Construction Company based in Enid. He has held the President’s …
A Federal Judge in Tulsa has ruled against a man who contended he was discriminated against because of his age when he was let go two years ago by PetroChem Development Company. U.S. District Judge Gregory K. Frizzell granted a summary judgment request by PetroChem in the lawsuit filed by David Dormont. Dormont had worked …
A several-year long fight over trespassing claims leveled against Enable Oklahoma Intrastate Transmission company by tribal owners in western Oklahoma has resulted in another loss for the company. The U.S. 10th Circuit Court of Appeals ruled against Enable’s appeal of an Oklahoma City Federal Judge’s ruling in a fight that started in 2002 when Enable …
It’s been a slow week for drilling permits and completion reports in Oklahoma. No completion reports were filed Monday and Tuesday with the Oklahoma Corporation Commission which was unusual. But there is still interest in the STACK play. Devon Energy filed four requests on Tuesday for permits to drill in Blaine County. The company’s request …
Oil and gas regulators in New Mexico are under growing pressure to delay a decision on a move by a Texas company seeking an easing of restrictions on well locations in the San Juan Basin. Among those applying the pressure is Congresswoman Lujan Grisham who was recently elected New Mexico Governor and will begin her …
It’s not just a lack of pipelines that is a major issue for explorers in the Permian Basin of West Texas and New Mexico. Drillers like Devon Energy of Oklahoma City and Laredo Petroleum of tulsa are facing other constraints, according to panelists who spoke at a recent Executive Oil Conference presented by Hart Energy …
The Department of Environmental Quality (DEQ) expects to be able to help local emergency planning committees (LEPCs) with equipment reimbursement opportunities. The funding will be available during the current fiscal year, which began on July 1, 2018, and ends on June 30, 2019. The Hazardous Waste Fund affords DEQ resources for the protection of public health and safety …