White Star Sells Field Office Site in Stillwater

Oklahoma City-based White Star Petroleum LLC has announced the $5.2 million sale of an office building, equipment yard and parking lot in Stillwater. The sale was to J and R Investments. The 17-acre site is northwest of the campus of Oklahoma State University. White Star, formerly known as American Energy Partners, will stay the tenant …

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Oklahoma’s Economy is Finally Improving

Oklahoma’s economy is finally growing stronger along with those in 8 other mid-western states according to Creighton University’s Mid-America Business Conditions Index. Economist Ernie Goss says the findings for June 2017 were among the best he’s found since 2011 in his monthly surveys of supply managers. “The overall index over the past several months indicates …

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Oilfield Trucks Increase Highway Dangers and Damage in Kingfisher County

With Kingfisher County one of the hotbeds of oil and gas activity due to its position in the STACK, increased truck traffic is being targeted by county officials. The traffic is not only tearing up roads but turning deadly. Worried about the damage to highways and traffic dangers because of the increase in trucks, sheriff …

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Public Service Company of Oklahoma Seeks $156 Million Rate Increase

Public Service Company of Oklahoma filed a $156 million rate increase request with the Oklahoma Corporation Commission on Friday. The increase, if approved, equates to an 11 percent jump. For the typical residential electric customer, PSO estimates the increase will be nearly 50 cents per day, according to a company press release. With the latest …

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Earthquake Lawsuit Accuses 7 Energy Firms of Causing Quakes in Oklahoma

One of the latest class action lawsuits filed over Oklahoma’s earthquakes is against seven energy firms in the state, blaming their wastewater disposal wells for causing large and damaging quakes. The $5 million lawsuit was originally in Payne County District court by three individuals, Matt Meier and his wife Sheryl Meier and Kai Bach. All …

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Devon’s 2nd Quarter Report to be Released Aug. 1

Oklahoma City-based Devon Energy plans to release its second-quarter 2017 earnings on August 1 following the close of U.S. financial markets. The following day, the company will hold a 10 a-m conference call and take questions from analysts and investors. A webcast link to the call will be provided on Devon’s website, www.devonenergy.com.    

Chesapeake Energy Expands Efforts at STACK’s Edge

Major County in northwest Oklahoma is not normally defined as being a part of the state’s highly-popular STACK oil play, but it’s close and two oil companies are taking advantage. The STACK is typically considered to be in Canadian, Blaine and Kingfisher counties, but Major county is adjacent to the north side of Blaine county. …

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Global Warming Study Says Oklahoma Will be Hurt Economically

Oklahoma and several other states will feel the greatest impact of global warming according to a new report that studied how it will affect the U.S. Published in the journal Science, the study explored the economic pluses and minuses for more than 3,100 counties. A map that was included in the study shows the growing …

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OK Sierra Club Seeking Petition Signatures, Earthquake Dialogue with AG Mike Hunter

The Sierra Club is actively pursuing a plan to engage Oklahoma Attorney General Mike Hunter and address Oklahoma’s earthquake predicament, according to a press release issued on Thursday. The Oklahoma Chapter is gathering signatures urging Oklahoma’s chief legal officer to take action on the state’s earthquake situation. EPA Administrator Scott Pruitt, Hunter’s predecessor, remained completely …

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Obamaphone Program Filled With Fraud Say GAO Investigators

A phone giveaway program that has been the subject of numerous OK Energy Today stories was slammed today by the federal government which said the “Obamaphone” program was filled with fraud. The report by the General Accountability Office found that nearly a third of those nationwide who got the free phones were likely not qualified, …

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