Oklahoma City-based Flywheel Energy, LLC has completed its acquisition of Southwestern Energy Company’s Fayetteville shale business for $1.865 billion, according to a company press release issued on Tuesday. Backed by the Kayne Private Energy Income Funds platform, the independent oil and natural gas company acquired assets including 716 mmcf/d of net production from 4,033 producing …
Gasoline prices in Oklahoma have fallen nine cents in the past week, averaging $2.11 per gallon on Monday, according to GasBuddy’s daily survey of 2,294 stations in Oklahoma. This compares with the national average from last week that revealed a drop of ten cents to $2.43 per gallon. Average gasoline prices in Oklahoma on December …
The Nuclear Regulatory Commission has proposed a $3,500 civil penalty to a Delaware medical firm for failing to properly secure licensed nuclear material, according to a report issued on Tuesday. In May, a physicist for Christiana Care Health Services discovered that 50 iodine-125 seeds were missing from a lab at the firm’s offices in Newark, …
Houston-based Anadarko Petroleum Corporation plans to place seismic sensors to search for oil and gas deposits underneath the east side of Loveland, Colorado, according to a report by The Loveland Herald. Anadarko trucks will vibrate the ground. The vibrations recorded by the seismic sensors will help to create maps of the underlying geology. The work …
The Oklahoma Department of Environmental Quality, Oklahoma Secretary of Energy and Environment and the Oklahoma Department of Transportation recently announced a new funding program aimed at building out Oklahoma’s light-duty electric vehicle (EV) charging stations. Funded by the Volkswagen State Environmental Trust, the ChargeOK Grant Program will offer nearly $3.1 million for the purchase, installation …
