A Tulsa federal judge has granted a protective order for Kinder Morgan in a 3-year old lawsuit filed over an abandoned former oil refinery in Bristow. U.S. District Judge Terence Kern issued the ruling this month in a lawsuit filed against BP, Kinder Morgan and Marathon Oil Corporation. The suit was originally filed in Creek …
A residential lake dam caused fear this week that damages could result in the dam breaking near Piedmont, flooding parts of Kingfisher County. The Oklahoma Water Resources Board quickly ordered repairs to be made and efforts were undertaken to drain water from Falcon Lake which is in a residential neighborhood of Piedmont. At least one …
Could be a delay in construction of the controversial new route for the Keystone XL crude oil pipeline after a Montana federal judge ordered the U.S. State Department to do a full environmental review. U.S. District Judge Brian Morris ruled in support of the Indigenous Environmental Network and others who filed suit challenging the plans …
Oklahoma is among 23 states getting part of $124 million in USDA water improvement loans. The northwest city of Buffalo received a loan in the amount of $4,590,000 to replace water lines. The new lines will increase the pipe size to provide more water and better pressure for the community of nearly 1,300. The project …
The largest well reported so far this week in the state produced 1,335 barrels of oil a day when it was completed by Continental Resources Inc. in Garvin County. The Omer 6-20-17XHS is located approximately 8 miles south of Lindsay and was spud in January with drilling finished in April. Completion was made June 4, …
Despite $21 million in asset sales, Oklahoma City’s Chaparral Energy Inc. reported a 2018 second quarter loss of $22 million. The company said the loss was driven by a $27 million non-cash loss associated with commodity derivatives. The loss figured to 49-cents a share. The loss came as the company saw its STACK production increase …
Osage County landowner Merrill Chance has scored a partial victory in his lawsuit to stop an energy company from drilling for oil and gas on his land. The U.S. 10th Circuit Court of Appeals reversed a lower court’s ruling against Chance who filed suit against Interior Secretary Ryan Zinke, the U.S. Bureau of Indian Affairs …
A Thursday public meeting of the Oklahoma Corporation Commission might include discussion is expected to discussion of the state’s lawsuit against Oklahoma City-based SandRidge Energy over its 2016 bankruptcy filing. The commission might hold an executive session to conduct confidential communications concerning the litigation which was filed in Houston, Texas where SandRidge filed bankruptcy two …
Williams’ board of directors has approved a regular dividend of $0.34 per share, or $1.36 annualized, on the company’s common stock, payable on Sept. 24, 2018, to holders of record at the close of business on Sept. 7, 2018. The new amount is a 13.33 percent increase from Williams’ third-quarter 2017 quarterly dividend of $0.30 …
The Oklahoma government’s estimates of revenue collections in July came below the guess of the experts. General Revenue Fund collections for the month totaled $449.1 million. They were also $37.8 million or 9.2% greater than July 2017. Gross production tax collections on oil and gas totaled $26.1 million but like the general revenue fund, were …