November 18, 2018 archive

Canadian pipeline company exploring Oklahoma for new manufacturing plant

A Canadian pipeline company with new technology in coupling pipes is looking for a home for a manufacturing facility in the U.S. and Oklahoma could be in the running for it. So says Aethan Sakell, vice president of Business Development for CORE Line Pipe Inc., now headquartered in Calgary, Alberta. He was on hand for …

Continue reading »

Rig numbers increased along with revenue for Helmerick and Payne

  Tulsa-based Helmerich and Payne, Inc. reported quarterly income of $2.5 million or 2-cents a diluted share as the company expands its rig numbers and anticipates increased revenue. The company said it had operating revenues of $697 million for the quarter that ended Sept. 30 compared to a net loss of $8 million or 8 …

Continue reading »

Sen. Inhofe says Wheeler is “perfect choice” to head EPA

President Trump’s announcement that he will nominate Acting EPA Administrator Andrew Wheeler to officially become the Administrator of the Environmental Protection Agency, replacing former Oklahoma Attorney General Scott Pruitt. And it was a move that made Oklahoma U.S.  Sen. Jim Inhofe happy because Wheeler worked 14 years for him. “Andrew Wheeler is the perfect choice …

Continue reading »

Rig count slips to 146 in Oklahoma but increased nationally by one

While Oklahoma’s rig count slipped by two to 146, the national rig count increased by one to  hit 1,082 according to oil and gas groups. Oklahoma’s count of 146 working oil and gas rigs compares to 122 in the state a year ago, according to Baker Hughes Co. Nationally, the increased count included two more …

Continue reading »