Facebook to build $146 million solar farm in Texas

Texas was ranked number two nationally in 2018 for solar power development and the announcement by Facebook will likely strengthen the ranking. Facebook announced it will build a $146 million solar farm in West Texas—the largest in the nation and Facebook’s first direct investment in renewable energy. The Prospero Solar project will be constructed north …

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Contract awarded to expand KC-46 tanker training at Altus Air Force Base

A $13.45 million contract has been won by a contractor in Yukon to build a new training facility at Altus Air Force Base. SGS LLC won the contract to finish work as Altus takes on the new KC-46A Pegasus refueling tanker. Altus is where crews will be trained to flight the new plane. The Phase …

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Merger of two firms creates Chisholm Oil and Gas in Tulsa

A new oil and gas development company is being created out of the merger of one in Tulsa and another in Houston and the new firm will dedicate its drilling in Oklahoma’s STACK play. Chisholm Oil and Gas of Tulsa announced the merger with Gastar Exploration LLC of Houston, Texas. The two firms entered into …

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Oklahoma oil and gas operator announces investment in the Permian

A two-year old oil company with more than $1 billion in assets acquired in Oklahoma, Texas and California plans to invest more money into drilling operations in the Permian Basin. Development Capital Resources, based in Houston announced it has obtained funding managed by affiliates of Ares Management Corporation and plans to invest $165 million. The …

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ONEOK makes SEC filing on its company retirement plan

ONEOK made filings this week with the Securities and Exchange Commission regarding its company 401(k) plan. The filings showed how ONEOK, Inc.’s Profit Sharing Plan assets were merged with an into the company’s 401(k) plan on Dec. 31, 2018. As a result, total assets including employer contribution receivables amounting to $73.2 million were merged into …

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Blaine county produces another big one for Marathon Oil

Houston’s Marathon Oil Company is the latest to hit a big producer in Oklahoma’s Blaine County, one of the main counties that make up the STACK play. Marathon filed a completion report this week on  the Harry Potter 1511 9-3-34mxh which had initial production of 1,862 barrels of oil a day. Gas production totaled 3,410 …

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One person injured in pipeline fire in Grady County

One person was injured Tuesday when workers struck a pipeline near the Grady county town of Alex. The injured person was rushed to a local hospital but it’s not known how badly injured the worker was. The Chickasha Express-Star reported the Grady County Fire department extinguished some fire burning around the explosion site. It quoted …

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Oklahoman moves up quickly in 4-year old midstream company

Three years after leaving Williams Cos. and Access Midstream, Brett Baker has been promoted at San Antonio’s Stakeholder Midstream LLC to be the firm’s chief commercial officer. The graduate of Southwestern Oklahoma State University joined Stakeholder’s commercial team in the summer of 2016 as director of business development and was quickly promoted to vice president. …

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Claremore Hall of Fame to include former director of the Tulsa Port of Catoosa

The former director of the Tulsa Port of Catoosa, Bob Portiss will be one of two individuals to be inducted into the Claremore Hall of Fame for 2019. The other is the late decorated Navy Adm. James “Jocko” Clark. “This year’s inductees have had a tremendous impact on thousands of lives,” said J.M. Davis Arms …

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ONEOK looking for new investors

ONEOK’s latest effort to attract new investors and find new funding will be at this week’s  J.P. Morgan Energy Conference June 18-19, 2019, in New York City. The materials used at the conference will be accessible on ONEOK’s website, www.oneok.com, beginning at 8 a.m. Eastern Daylight Time (7 a.m. Central Daylight Time) on June 18, 2019.