March 5, 2019 archive

New Chief Engineer named at ODOT

Brian Taylor has been named the Oklahoma Department of Transportation’s Chief Engineer. The announcement was made at the Oklahoma Transportation Commission meeting this week. In this Senior Staff position, Taylor will oversee all statewide engineering and operations activities. He replaces Casey Shell who retired in 2018. Taylor has 28 years of experience at ODOT and …

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Senator Lankford releases 4th edition of ‘Federal Fumbles”

From government money spent on studying Russian wine to immigration, Oklahoma U.S. Sen. James Lankford is out with his fourth edition of Federal Fumbles, a listing of what he considers to be wasteful  government spending. He touched on some energy-related matters saying his latest edition takes a different approach to waste. “We focus not only …

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$13 million renovation planned for Lawton-Fort Sill Regional Airport

A large renovation of the terminal at the Lawton-Fort Sill Regional airport is being planned by the city and it carries a nearly $13 million price tag. Airport Director Barbara McNally has informed the Lawton Metropolitan Area Airport Authority that the design plans were “100 percent” according to the Lawton Constitution. The projects range from …

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Southeast New Mexico residents complain of deadly oilfield truck traffic

The massive increase in oil and gas drilling activity in the Permian Basin in Southeast New Mexico is not only producing more revenue for the state, but for the locals, it’s a deadly situation on the highways. Those living around Lovington and Artesia complain of the large number of heavy trucks that fill highway U.S. …

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STACK operator struggling to keep afloat

  Following unconfirmed reports of employment and exploration problems for Houston’s Alta Mesa Resources drilling in Oklahoma’s STACK, now comes a report that the company is struggling to stay afloat. The Houston Chronicle says the oil and gas company has laid off nearly one-fourth of its employees and written down the value of its assets …

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Cheniere Energy expands its LNG operations

The construction of the $1 billion Midship pipeline in Oklahoma isn’t the only major construction effort of Houston-based Cheniere Energy, Inc. The firm announced jointly this week with Bechtel Oil, Gas and Chemicals, Inc. the completion of Train 1 of the Corpus Christi liquefaction project. The commissioning is complete and Bechtel turned over care, custody …

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SandRidge reports improved quarterly net income but still suffered losses for 2018

Oklahoma City’s SandRidge Energy Inc. reported a gain in fourth quarter 2018 net income but still suffered a total 2018 net loss of $9 million or 26 cents a share. The company said its fourth quarter net income totaled $54 million or $1.53 a share with an adjusted net income of $5 million or 15 …

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Energy issues and Oklahoma congressman Frank Lucas

Congressman Frank Lucas is highlighting some of the energy-related issues that he was involved in over the past several days, including a visit from a Director of one White House Office. In his weekly update, the Republican Representative explained: An Oklahoman who stopped by my office was Dr. Kelvin Droegemeier. A proud Oklahoman and long-time …

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Sen. Inhofe to play direct role in Space Force development

Oklahoma U.S. Sen. Jim Inhofe could have a big hand in the creation of the U.S. Space Force under the Trump Administration. He is chairman of the Senate Armed Services Committee and one of the early opportunities to help shape the legislation will go to his committee. The Defense Department has sent the proposal to …

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NORDAM gets investment to bail out of bankruptcy

The NORDAM Group Inc. in Tulsa has received financial support from a Washington, D.C.-based equity firm in helping the aerospace manufacturer get out of Chapter 11 bankruptcy. The Siegfried family will keep its 50-year ownership of the business but Carlyle Strategic Partners IV L.P. gained a 45 percent ownership of the company. NORDAM filed for …

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