The liberal environmentalists who tried and failed to get voter-approved tighter restrictions on drilling setbacks in Colorado aren’t giving up. Colorado Rising, thee group that got Proposition 112 on the November ballot says it’s forming an exploratory committee to begin running a ballot initiative in the 2020 election cycle. Anne Lee Foster, with Colorado …
December 14, 2018 archive
Stitt uses White House Meeting to promote Port of Catoosa and Oklahoma products
When governor-elect Kevin Stitt visited the White House this week and met with President Donald Trump, it wasn’t just a meet-and-greet opportunity for him. He also used the visit to the nation’s capital to promote Oklahoma’s Port of Catoosa and encourage exportation of Oklahoma products. The discussion surrounding the eastern Oklahoma waterway came as …
Marathon Oil seeing strong results in Bakken but plans more drilling in Oklahoma
While Houston’s Marathon Oil is considered a top explorer in Oklahoma’s STACK and SCOOP plays, it’s also expanding operations in North Dakota’s Bakken Shale. The company recently announced it’s producing strong results at a new four-well pad site in Dunn County, North Dakota. It’s also known as the Ajax area of the Bakken shale basin. …
Schlumberger closing a subsidiary’s operations in South Texas
Oklahoma employees of Schlumberger might be thinking they’re lucky to have escaped a layoff that hit one of the company’s subsidiaries in South Texas. Product and Logistics Services LLC at Houston is closing its operations and nearly 188 workers are losing their jobs. That includes closing offices in Von Ormy and Pleasanton, according to a …
Earthquake researchers turn their eyes to the Permian Basin in West Texas
The earthquakes of Oklahoma and their connection to wastewater disposal wells apparently have gotten the attention of investigators who are now focusing on the Permian Basin of West Texas. As the Midland Reporter-Telegram recently revealed, researchers with Stanford University’s Standford Center for Induced and Triggered Seismicity visited Midland and the area. They are the same …
SEC filing by OGE reflects shares acquired by directors
An SEC filing has been made by Oklahoma Gas and Electric reflecting acquisition of shares by members of the Board of Directors. Five of the directors, Sheila Talton, Robert O. Lorenz, Judy R. McReynolds, Frank A. Bozich and James H. Brandi each acquired 3,028.1 shares in a Dec. 11 transaction, according to the Form 4 …
Pioneer Natural Resources announces $2 billion stock buyback plan
With operations throughout the Southwest, Dallas-based Pioneer Natural Resources Company has announced a $2 billion buyback of its common stock. The move approved by the Board of Directors represents nearly 8% of the company’s market capitalization. Ten months ago, Pioneer announced a $100 million repurchase program for 2018 but it’s now been canceled. President and …
Williams gets feds’ approval to expand natural gas pipeline in Northeast US
Tulsa-based Williams announced that the Federal Energy Regulatory Commission has issued a certificate of public convenience and necessity authorizing the Gateway Expansion Project – an expansion of the existing Transco natural gas pipeline designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets. The Gateway project helps meet growing natural gas demand …
Scammers posing as OGE workers are on the increase in Oklahoma
Oklahoma Gas and Electric says it’s seen a jump in customer reports of scammers posing as OGE employees who are demanding payment of electric bills. They reportedly are doing it in person and over the phone. The utility says the scammers have been targeting churches, small businesses and nursing homes. In an announcement, OGE restated …
Former energy plant becomes favorite target of thieves in Kansas
Thieves are apparently taking what they can from the former Westar Energy plant near the Tecumseh community east of Topeka. The plant is in the process if being demolished but not before thieves have sneaked into the place at night to carry off metal and other things they think are of value. The Shawnee County …
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