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Appeals Court reverses lawsuit against Anadarko Petroleum
The Denver Federal Appeals court has reversed a lower court ruling which originally said Anadarko E and P Onshore did not trespass when it drilled several wells on a Colorado farmer’s land. In effect, the court ruled the Houston-based company did in fact trespass on farmland owned by Marvin and Mildred Bay in Weld County, …
Volatility forces oil prices to fall again
The oil and gas industry is left again wondering how the markets will treat oil prices as they fell early Thursday due to volatile stock markets on top of worries about an economic slowdown in 2019. U.S. West Texas Intermediate crude oil futures dropped 75 cents to $45.79 a barrel in early trading. International …
Oklahoma gets new state treasurer
Randy McDaniel has become Oklahoma’s 19th state treasurer. During a ceremony attended by family and friends, McDaniel was administered the oath of office by State Supreme Court Justice James Winchester on Wednesday morning at the State Capitol Building. McDaniel has 24 years of private sector experience as a successful financial advisor and banker. He also served …
Wildlife Agency to open headquarters after $16 million in flood damage repairs
Sixteen million dollars later and the renovation of the headquarters of the Oklahoma Department of Wildlife Conservation is ready to be seen by the public. Damage from flooding in 2013, the building had been closed while repairs and renovations were underway. But the public grand opening has been set for Monday, Jan. 14 from 3 …
LSB Industries gets new leadership
Oklahoma City-based LSB Industries, Inc. is under new leadership after Dan Greenwell chose not to enter into a new employment agreement and stepped down as Chairman and Chief Executive Officer. The Board of Directors responded by appointment Mark Behrman, LSB’s current Executive Vice President and Chief Financial Officer to take over as the new President …
GasBuddy predicts low gasoline prices could disappear by spring
Gasoline prices in Oklahoma have fallen 4.9 cents per gallon in the past week, averaging $1.90/g Monday, according to GasBuddy’s daily survey of 2,294 stations in Oklahoma. This compares with the national average that has fallen 6.6 cents per gallon versus last week to $2.25/g, according to GasBuddy. The company also predicts prices will …
New Mexico’s new Governor calls on more regulation of oil and gas and targets climate change
New Mexico’s new governor Michelle Lujan Grisham took office this week calling on the state to spend more money on addressing climate change. And she wants to do it through more regulation of the booming oil industry and promotion of renewable energy. Succeeding term-limited Republican Susana Martinez, Grisham, a Democrat also said it was time …
Pickup truck drivers target TESLA charging stations
Pickup truck drivers in Texas and two other states have started targeting TESLA charging stations, blocking drivers from recharging their vehicles. The growing practice is seen as a form of protest against environmental regulations. E and E News had this report on the development. Forget “rolling coal.” A new trend called “ICE-ing,” in which pickup …
Highway improvements launched in new year in Tulsa
Three major highway improvement projects are getting underway in Tulsa and it means some highways will be shut down for the next two years. The projects are on Tulsa’s Inner Dispersal Loop or commonly called the “IDL” and will affect the south and east legs of the loop. Oklahoma 11 south of Tulsa International Airport …
Halliburton gets a new chairman of the board
Halliburton’s president and CEO Jeff Miller has been named Chairman of the Board. The Houston-based company that got its start in Oklahoma in 1919 said the appointment was effective New Year’s Day. Miller succeeds Executive Chairman Dave Lesar who retired on Dec. 31, 2018. “I appreciate the confidence that the Board has placed in me,” …