Author's posts
XTO Energy Shutting Down Fort Worth Headquarters
XTO Energy, a firm with a Mid-Continent office in Oklahoma City is closing its corporate headquarters in Fort Worth, Texas and relocating business activities to Houston. XTO is a subsidiary of ExxonMobil Corp. and announced the move this week, one that will affect a total of 1,200 workers. The company informed the Texas Workforce Commission …
Leaked Documents Reveal Dirty Secrets of some Environmental Groups
An investigation by NBC News came up with a fascinating finding that shows how some environmental groups aren’t exactly all revealing when it comes to their investments in—–oil and gas! While such groups have urged universities to divest themselves of investments in fossil fuels, the NBC investigation discovered some have quietly maintained such investments. The …
Intel Boasts of Growing Solar Power at its campuses
While solar power development is only in occasional use in Oklahoma, it’s growing in some states to the southwest. Intel reports it now has enough solar panels to cover 52 regulation football fields or 47 full-size soccer fields. In a recent announcement, Intel estimated it has installed 3 million square feet of solar arrays at …
NGL to Announce 4Q Earnings
Tulsa’s NGL Energy Partners LP will issue its fiscal fourth quarter and full year ended March 31, 2018 earnings report in a few weeks. The company plans to release the report after the market closes on Wednesday, May 30, 2018. The management team will host an earnings call following the release at 5 p.m. CDT …
Drinking Water Issues Cited in National Water Study
A new national water study shows Oklahoma City’s water quality is just barely above average and that nationally, 30% of residential water utility customers indicate they have water quality issues. The study, released by J.D. Power suggests the EPA’s Consumer Confidence Reports might not be giving a complete picture of end-consumer water quality. The study …
State Continues Monitoring Deadly Well Site in SE Oklahoma
The Oklahoma Corporation Commission continues monitoring cleanup and repairs made at the deadly gas drilling site where five workers died in a fiery explosion in January. A report released by the Commission shows Red Mountain Operating, based in Oklahoma City had continued working since the January incident to remove drilling tools lost in the well …
No Letup in Drilling interest in Oklahoma’s STACK/SCOOP
Oil and gas companies aren’t letting up in their exploration of Oklahoma’s STACK and SCOOP. The latest round of Permits to Drill approved by the Corporation Commission showed continued interest in and around both plays. Blaine County, one of the three counties considered to be the STACK play shows 7 more permits to drill have …
Permits to Drill for May 10-16
This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between May 10th and close of business on May 16th. There are two links on each line: – The SPOT link will take you to the well location on Google Maps. So, if you need it, this will …
Senator Lankford Speaks Out Against Net Neutrality Regulations
Oklahoma U.S. Sen. James Lankford stepped up his opposition to what he labeled “burdensome” net neutrality regulations this week. But it wasn’t enough as the Senate voted 52-47 to restore net neutrality rules that the FCC had removed in December 2017. Democrats didn’t like the FCC move against regulations created in the Obama administration. Sen. …
Pruitt Creates Legal Defense Fund as Federal Probes Grow
While Vermont Sen. Patrick Leahy’s rant against EPA Chief Scott Pruitt might have been what got the most coverage out of a Wednesday Senate hearing, Pruitt also confirmed he’s hired a defense lawyer to help with a dozen federal investigations of his activities. It’s what he revealed in the hearing, explaining he hired white-collar defense …