Author's posts
STACK Produces More Wells for Newfield Exploration
In an apparent move to catch up on paperwork, Houston-based Newfield Exploration has filed 16 well completions in Oklahoma’s STACK play including two that produced more than 1,000 barrels of oil a day. In the Oct. 13 completion reports as indicated by OK Energy Today, the company reported the Freeman well, 11 16N 8W located …
Inhofe Applauds Pruitt’s Decision to End “Sue and Settle” Practice at EPA
EPA Administrator Scott Pruitt’s decision to do away with the practice of “sue and settle” at the agency draws the support of Sen. Jim Inhofe. “I am pleased with Administrator Pruitt’s memorandum today effectively ending the ‘sue and settle’ practice at the Environmental Protection Agency,” said the senator in a statement. “For the past eight …
Oklahoma Firms Make Newest Forbes List of the World’s Best Employers
At least two Oklahoma energy companies are on the Forbes “Global 2000: World’s Best Employers” list, a first ever compilation by the company. And others with operations in Oklahoma are also on the list. Tulsa-based Williams was listed number seven while Oklahoma City’s Continental Resources ranked 22. The rankings were based on surveys analyzed by …
Two More Coal-Fired Power Plants Closing in Texas
Two more coal-fueled power plants in Texas will be closing resulting in the loss of an estimated 650 jobs. Vistra Energy Corp.based in Dallas made the recent announcement saying its Luminant subsidiary will shut down the coal-fired Big Brown and Sandow plants. The announcement followed an earlier one in which Luminant said it would also …
Wind Industry Spokesman Labels Legislative Opponent “Dr. Kevorkian” of Oklahoma Economy
Wind Coalition leader Jeff Clark makes it clear what he thinks of one legislator and others fighting the wind industry in Oklahoma. Over the weekend in an interview with Scott Mitchell’s “Hot Seat” on News 9, Clark called Rep. Mark McBride the “Doctor Kevorkian” of the Oklahoma economy. His reference came after the Moore legislator recently called …
Gas Leak Repaired—-Evacuated Residents Return to Their Homes Near Velma
Residents near a gas well site that leaked toxic hydrogen sulfide gas were able to return to their homes over the weekend near the town of Velma in southern Oklahoma. Fire Chief Jay Dumas told reporters a buildup of pressure caused the Stephens County well head to fail late Friday night. The evacuations were carried …
President’s Move Again Iranian Nuclear Deal is Supported by Lankford and Inhofe
While President Trump’s move against certifying the Iranian nuclear program deal originally reached by President Obama could affect international oil prices, it has the support of Oklahoma U.S. Senators Jim Inhofe and James Lankford. “I commend the new Iran strategy which rightly seeks to address Iran’s nuclear program, ballistic missile program, support for terrorism and …
Protesters Object to Praying for Oilfield Industry in Oklahoma
An Oilfield Day of Prayer last Friday at the Oklahoma Corporation Commission wasn’t met exactly with open arms as protesters gathered at the Jim Thorpe building. As News 9 reporter Jessi Mitchell explained, protesters of oil and gas exploration gathered to oppose the official day first declared last year by Gov. Mary Fallin. Commissioner Bob …
Sierra Club Still Calls for Higher Oil and Gas Taxes
The Oklahoma Sierra Club has not given up in its campaign to boost the gross production tax on oil and gas. “Tell lawmakers to make oil and gas pay their fair share and stop holding our future hostage!” wrote Johnson Bridgwater, Director of the Oklahoma Chapter of the Sierra Club in a recent newsletter. “Oklahoma …
Chaparral Announces $170 million Assets Sale as It Focuses Purely on STACK
A $170 million cash sale of holdings in the North Burbank and Texas Panhandle has been announced by Oklahoma City-based Chaparral Energy, Inc. The company said the sale also included certain contingent payments but it did not reveal the identity of the buyer. “The sale of these assets marks a major milestone in the transition …