January 16, 2019 archive

Political division in Oklahoma’s US House delegation shown in vote this week

Oklahoma’s congressional delegation in the U.S. House showed its political division this week when the House failed to pass a measure pressuring Republicans to reopen closed agencies including the EPA and the Interior Department. It was to have been a short-term funding bill to reopen nine federal departments through Feb. 1 but H.J. Res. 27 …

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Judge won’t delay EPA’s coal ash regulation decision in Oklahoma

A judge in Washington, D.C. has refused to delay a lawsuit challenging the EPA’s move to allow Oklahoma to regulate its own coal ash disposal. U.S. District Judge John D. Bates denied a motion by the Environmental Protection Agency to delay the lawsuit filed by Waterkeeper Alliance Inc., Local Environmental Action Demanded Agency and the Sierra …

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Valero Energy finishes $950 million merger of hubs and pipeline operations in Oklahoma and other states

In a move that will have direct impact on pipelines and oil terminals in Oklahoma, San Antonio-based Valero Energy Corp. has wrapped up a $950 million merger with a subsidiary. With the merger, Valero is taking over operations of Valero Energy Partners LP at $42.25 per share.  The master limited partnership has storage terminals as …

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Intense lobbying underway in Colorado where a drilling moratorium is at stake

Environmentalists aren’t the only ones who show they can lobby someone in Colorado. It’s where the state’s new governor Jared Polis, a Democrat has been lobbied not to enact a moratorium on all new oil and gas drilling in the state. It’s a moratorium that could directly affected a lot of Oklahoma based energy companies …

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Strong earthquake in northern Oklahoma

One of the strongest earthquakes in recent months in northern Oklahoma has geologists wondering at the U.S. Geological Survey and the Oklahoma Geological Survey. The USGS measured it at 4.4 magnitude when the quake hit Tuesday morning at 7:28 near the community of Hayward which is about 21 miles southeast of Enid. It’s in the …

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Court rules against President of former Kansas coal company in black-lung disease case

Just because the president of a Kansas coal company apparently didn’t do his due diligence doesn’t mean an insurance company has to cover for him. It’s the jist of a ruling by the U.S. 10th Circuit Court of Appeals in Denver which upheld a judge’s decision in favor of the Liberty Mutual Fire Insurance Company. …

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Republicans name new energy leaders in the House

With Democrats now in charge of the House, Republican leadership announced this week the naming of new leaders for some of the key energy and environment panels. Congressman Tom Cole will also be a ranking Republican on an Appropriations subcommittee. Energy and Commerce ranking member, Rep. Greg Walden of Oregon announced that Kentucky Rep. Brett …

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Another OGE Director acquires millions in company shares

 Yet another director at Oklahoma Gas and Electric reported the acquisition of a large amount of company shares. Its newest director just picked up more than $12 million in shares. In a filing with the Securities and Exchange Commission, David E. Rainbolt reported the acquisition of 314,703 shares valued at $12,500,000. Each share under his …

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Tallgrass Energy declares dividend

  Tallgrass Energy, LP, the Kansas City-based pipeline company that carries oil throughout the Midwest including to the oil hub at Cushing, Oklahoma has announced a quarterly dividend. The dividend of 52 cents a share was declared for the fourth quarter by the board of directors. It translates into an annualized rate of $2.08 per …

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Permits to drill issued for Jan. 15, 2019

  Permits to drill issued for January 15, 2019.   Canadian County RED BULLET 22-27-11-7 #4WXH, January 15 2019 22 11N 7W SENENWNW API: 01725368 Lat: 35.41984128908166, Long: -97.93274528771272 ROAN RESOURCES LLC HH, DR, 20999 ft, WOODFORD(10479) Canadian County RED BULLET 22-27-11-7 #3WXH, January 15 2019 22 11N 7W SENENWNW API: 01725367 Lat: 35.41984129150654, Long: -97.93281241003764 ROAN …

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