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Changes made at Texas Commission on Environmental Quality
A woman with knowledge about Oklahoma’s environmental problems and challenges has been named a commissioner on the Texas Commission Environmental Quality. Gov. Greg Abbott named Emily Lindley to the commission replacing Toby Baker who announced his resignation to become the agency’s executive director. Lindley had previously served as chief of staff for the Region 6 …
Gasoline prices continue to fall in Oklahoma
With the end of summer approaching, gasoline prices are falling in Oklahoma and across the country. The state’s new average this week is $2.59, down from the $2.62 a gallon reported last week by AAA Oklahoma. The national gas price average is $2.84, a drop of three cents from the beginning of the week. The …
Chesapeake’s new board member acquires 21,000 shares
For joining the Board of Directors at Chesapeake Energy Corporation this week, Mark A. Edmunds picked up nearly 22,000 shares in stock from the Oklahoma City company. He will also be paid an annual retainer of $100,000, according to an amended filing made Tuesday by Chesapeake Energy with the Securities Exchange Commission. Chesapeake announced his …
ConocoPhillips reaches settlement to recover $2 billion from Venezuelan state owned oil company
ConocoPhillips announced that it has entered into a settlement agreement with Petróleos de Venezuela, S.A. (PDVSA), the Venezuelan state-owned oil company, to recover approximately $2 billion, the full amount awarded to ConocoPhillips by an arbitral tribunal constituted under the rules of the International Chamber of Commerce (ICC), plus interest through the payment period. PDVSA has …
Pipeline company’s co-founder sets retirement date
Plains All American Pipeline, L.P. and Plans GP Holdings, firms with pipelines all over Oklahoma and the U.S. announced October 1st will be the effective retirement date for company co-founder Greg Armstrong. The retirement was announced last fall but not until this week did the Board of Directors and Armstrong, Chairman and CEO set the …
Executive changes made at Murphy Oil
Executive changes have been announced by Murphy Oil Corporation based in El Dorado, Arkansas. The company said the moves are effective Sept. 1, 2018. Eric M. Hambly, currently Senior Vice President, U.S. Onshore, of the company’s wholly owned subsidiary, Murphy Exploration & Production Company (“EXPRO”), has been elected Executive Vice President, Onshore of Murphy Oil Corporation …
PrimeEnergy reports 2Q loss
Houston’s PrimeEnergy Corporation, a firm that focuses its energy efforts primarily in Oklahoma, Texas and West Virginia announced second quarter financial results this week, showing an increase in revenues but a loss of $560,000. The loss compared to a profit a year earlier. On a per-share basis, the company said the loss was 27 cents. …
Kimray to hold job fair to fill 70 positions
Oil and gas industry manufacturer Kimray in Oklahoma City plans a job fair this weekend to fill more than 70 positions at its operations. With industry leading pay starting at $14.50 per hour and a 15 percent shift differential, the company will hire for positions across many departments, including machining, assembly, engineering and administration. “This …
PSO gets new leader
American Electric Power has named Peggy Simmons president and chief operating officer of Public Service Company of Oklahoma (PSO) effective Sept. 8. Simmons replaces Stuart Solomon, who is joining AEP’s generation organization as senior vice president – Generation Services. Simmons will be responsible for all aspects of PSO’s service, including customer service, distribution operations, safety, …
Permits to drill issued for August 20, 2018
Permits to drill issued for August 20, 2018 Carter County HEWITT UNIT #22-6103, June 22 2018 22 4S 2W SWSWSWSE API: 01926302 Lat: 34.18801566003779, Long: -97.39509744696599 XTO ENERGY INC SH, AM, 4102 ft, PONTOTOC(1010), HOXBAR(3128), DEESE(3901) Dewey County HEWITT ##1-28MH, April 24 2018 28 19N 14W SWSESESE API: 04323614 Lat: 36.08763119923832, Long: -98.6912050092359 CRAWLEY PETROLEUM CORPORATION HH, …