State to Hold Informational Public Meeting on Midwest City Superfund Site

The Midwest City Superfund site known as Eagle Industries will be the focus of a public hearing on Thursday by the Oklahoma Department of Environmental Quality. DEQ officials will present information to the public about the contaminated site and what steps the government is taking to clean the site. The Eagle Industries plant sits on …

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Talk Grows of Frac Sand Shortage in Shale Oil Industry

Warnings are surfacing over a shortage of frac sand and according to Halliburton,it is leading to higher drilling costs and threatening shale production in Oklahoma and other states. As the Wall Street Journal recently reported, when Halliburton CFO Chris Weber talked of the shortage, he said his company’s first quarter earnings could suffer as much …

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Devon Lays Out 3-year Plan of Operation After Successful Fourth Quarter

With fourth quarter earnings of $183 million and $2.7 billion cash on hand, Oklahoma City’s Devon Energy is laying out an aggressive 3-year plan for the company. The net earnings figured out to 35-cents a share and the company said its operating cash flow for the fourth quarter 201 totaled $725 million, a 94 percent …

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Tulsa’s American Airlines Maintenance Center Gets Boost from Leadership

Don’t expect any closure of the American Airlines maintenance center in Tulsa.  That’s the focus of a Tulsa World story this week as executives at the airline exuded confidence in the Tech-Ops-Tulsa base where 5,200 workers are employed. “Things have been tough, but we’re on a great path. Things are so good right now,” said …

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BNSF Lays Out $110 million on Track Improvements in Oklahoma

The BNSF Railway announced this week that out of $3 billion it plans to spend this year on track improvements across the U.S., at least $110 million will be spent in Oklahoma. The company said the expenditures in Oklahoma will go toward replacing and upgrading rail, rail ties and ballast.  The $110 million will be …

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Wind Farm Company Claims Evidence Shows City of Hinton Didn’t Follow the Law

The NextEra Energy Resources wind company claims in federal court documents it has discovered Hinton did not properly follow state law in creating a 2015 ordinance to control wind farms 2 miles outside the city limits, an ordinance that led to a lawsuit challenging it. NextEra’s claims were revealed in the lawsuit filed in Oklahoma …

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Oil Companies Fight Lawsuit After 2016 Pawnee Earthquake

A Pawnee County District Court Judge has set a late February hearing as a lawsuit filed after the 5.8 magnitude earthquake in Pawnee in 2016 progresses. The suit filed by Johnny Lee and Janice Marie Bryant was one of the first to be filed following the quake that caused extensive damage to homes and businesses …

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XTO Gas Well Yet to be Capped After Explosion

Houston-based XTO Energy, the ExxonMobil subsidiary with more than a million acres of holdings in Oklahoma has problems with a natural gas well that exploded last week in West Virginia. At last word, residents within a mile of the well near Powhatan Point were not allowed back into their homes following the Thursday explosion that …

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Democrats Push GOP Leadership to Move Forward With Auditor Jones’ Budget Plan

Oklahoma State Auditor Gary Jones is getting more support from Democrats in the State House for his proposed plan to solve the state government budget crisis.  After the House approved $44 million in budget cuts on Monday, Democrats unleashed criticism of House leaders for not allowing the introduction of what Jones has proposed. A press …

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Big 4th Quarter for OKC’s Enable Midstream Partners

Oklahoma City’s Enable Midstream Partners, LP reported a big fourth quarter earnings report showing a $40 million increase in earnings from a year ago. Netcome from limited partners for the fourth quarter 2017 totaled $108 million, far more than the $68 million reported in December 2016. The company also reported net income for common units …

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