Environmentalists who have criticized Environmental Protection Agency administrator Scott Pruitt for his first-class air travels are being blamed by one U.S. Senator for the necessary of the pricey-travel. Sen. James Lankford says it is the harsh critics of Pruitt who forced the EPA leader to travel the way he does. “There’s some of his critics …
February 2018 archive
Homeland Security Secretary Talks Disasters With Fallin and Other Governors
Natural disasters are nothing new in Oklahoma, a state known for its tornadoes. So perhaps it only made sense for Gov. Mary Fallin to lead the discussion on disaster response in a meeting of the Council of Governors with the U.S. Secretary of Homeland Security at the Pentagon. It happened Friday at a meeting of …
Rain Eases Dry Conditions—Burn Ban in Western Oklahoma
This week’s ice and rain have prompted a change in the state’s burn ban. Lt. Gov. Todd Lamb announced the ban is no longer 52 counties but 16 in the western part of the state where very little moisture was received. While southeastern Oklahoma got as much as 9 inches of rainfall, the Panhandle and …
Tulsa’s SemGroup Sells UK Storage Operation to Valero
Tulsa-based SemGroup Corporation announced it has sold its SemLogistics business unit in the United Kingdom to Valero. The UK operation was a petroleum storage facility and the purchaser is Valero Logistics UK Ltd, a subsidiary of Valero Energy Corporation. SemGroup did not reveal the sales price but under the deal, potential earnout payments will be …
National Rig Count Grew while Oklahoma’s Slipped in Past Week
While Oklahoma’s oil and gas rig count slipped in the past week, the national count added to hit 978. Figures from Baker Hughes Co. and the Independent Oil and Gas Service show an additional 3 rigs nationwide. One more oil rig was added to hit 799 in theU.S. while two more gas rigs were put …
Judge Allows Lawsuit to Continue Over Sealed Audit of Tar Creek Superfund Trust
Oklahoma Attorney General Mike Hunter lost a bid to get a lawsuit over his sealing of an audit of a Tar Creek Superfund site trust thrown out of court. Instead, Oklahoma County District Court Judge Patricia Parrish ruled the lawsuit filed by the Washington, D.C.-based Campaign for Accountability can continue. The suit was filed because …
Chaparral Energy Lays Out 2018 Goals With Increased Emphasis in the STACK
Oklahoma City-based Chaparral Energy is out with an operations update and including what it anticipates for 2018. The company said its STACK production grew by 38 percent in the fourth quarter of 2017 compared to a year earlier. Its year-end 2017 proved reserves were increased to 76.3 million barrels of oil equivalent which represented a …
Aircraft Manufacturer Says Thanks to Workers and Hands Out Big Bonuses
Hundreds of Spirit AeroSystems workers in McAlester and Tulsa could be among the thousands of company workers getting thousands of dollars in bonuses this year. The company would not say how much workers will take home in thanks for the supplier’s financial performance in 2017. But the Wichita Eagle reports Spirit had a 13 percent …
Plains All-American Gets Commitments for New Pipeline to Carry Crude out of Permian Basin
Full commitments have been made on another pipeline carrying crude out of the Permian Basin to the Corpus Christi, Texas ports. The Cactus II pipeline, a subsidiary of Plains All American Pipeline L.P. will have an initial capacity of 585,000 barrels a day. The company said it’s obtained long-term third-party shipper contracts. The line will …
4th Q Loss Prompts Revised Strategy at SandRidge Energy
The leadership challenges continue at Oklahoma City’s SandRidge Energy where following the termination of CEO James Bennett, the company reported a net loss of $19 million for the fourth quarter of 2017. New CEO Bill Griffin promptly announced he is at work on what he called a “revised strategy.” “SandRidge enters 2018 with a …