Author's posts
Williams Hands Out Contract to Louisiana Firm
The amount of the contract wasn’t disclosed, but Louisiana based Danos, a company founded on tugboat and energy operations has won a major Williams Partners contract to do piping and valve modifications at a North Carolina operation. Danos is a company with 1,800 employees and will carry out the work at the Pine Needle LNG …
Calpine’s Sale Includes Oneta Energy Center in NE Oklahoma
The sale of Calpine Corporation, the nation’s largest independent power producer could have an impact on its Oklahoma operations. Calpine, based in Houston has been sold to Energy Capital Partners and a consortium of investors in a $5.6 billion cash deal. Calpine owns and operates its Oneta Energy Center in northeast Oklahoma and under a …
Billionaire Buffett Outbid in Move to Buy Oncor in Texas
Billionaire investor Warren Buffett just got outbid in the fight to buy Texas power transmitter Oncor. Sempra Energy, based in San Diego announced Monday morning it had bought Oncor for $9.45 billion in cash, topping Buffett’s bid of 9 billion. Sempra will take over the reorganized Energy Future Holdings Corp, the firm that owned Oncor …
Oil Tank Car Lawsuit Dismissed—-Settlement Reached with Feds
The railroad car maker controlled by Carl Icahn has reached a settlement of legal action with federal rail safety regulators over the production of tank cars. Icahn, the man who tried to take over Phillips Petroleum in 1985 two years before the company left Bartlesville and moved to Houston controls American Railcar Industries Inc. The …
State to Celebrate Oklahoma Aviation day in 2018
In a year, Oklahoma will officially celebrate State and National Aviation and Aerospace Day. Thanks to the legislature’s approval of Senate Bill 47, August 19 will be observed to celebrate the history and development of aviation and aerospace. The new law won’t take effect until Nov. 1, 2017. Oklahoma schools will be encouraged to organize …
Oilfield Employment Stays Steady—-State’s Jobless Increases
Oklahoma’s oil and gas sector employment remained steady from June to July this year, according to the Oklahoma Employment Security Commission. The monthly report showed June 2017 employment in the Mining and Logging Sector, where oil and gas workers are counted, was 46,700 and the number didn’t change in July. However, the July 2017 total …
Devon Keeps Hitting Large Wells in STACK
Still more success in the STACK by Devon Energy as it reports a well producing more than 1,200 barrels of oil a day in Kingfisher County. As indicated by OK Energy Today’s Well Completion reports, The Oklahoma City-based firm brought in Ricky’s Ridge well, 21 15N 8W with production of 1,202 Boed along with 3,246 …
Anadarko Basin Added to Government’s Monthly Drilling Map
The wild growth of shale oil exploration in Oklahoma has prompted the U.S. Energy Information Administration to add the Anadarko region to its monthly drilling report. Most of the Anadarko basin is in Oklahoma. Twenty-four counties in Oklahoma and five in Texas make up the area. But more than 10 percent of new wells drilled …
No Letup in Speculation of Scott Pruitt’s Political Future
No matter what Scott Pruitt does or says these days, political observers view him as an EPA chief who really wants another political office, and is someone intent on using the EPA to fulfill his plans. We’ve reported in recent weeks how the national press described him as a member of the Trump administration who had …
Prague Earthquake Lawsuits Move Closer to Trial
Earthquake attorney Scott Poynter had to go to court in order to get the right to interview some experts as he prepares for a late November trial against some Oklahoma energy companies. The companies are blamed for a large earthquake six years ago. Representing clients who sued energy companies following the 2011 earthquake in Prague …