Category: General

Schlumberger Takes Patent Infringement Case to U.S. Supreme Court

Known as the world’s largest oilfield services provider, Schlumberger will get its chance to take its patent fight to the U.S. Supreme Court. The Court agreed recently to hear the company’s argument that companies should be allow to recover profits lost because of patent infringement when patented technology is used overseas. Schlumberger, with large operations …

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Inhofe Supports Trump’s Tough Stand Against Iran

Another exchange of heated words has occurred after President Trump threatened last Friday to pull out of the Iran nuclear deal and reimpose economic sanctions if it doesn’t renegotiate the agreement. Iran vowed over the weekend not to renegotiate and threatened retaliation against the U.S.  But Oklahoma U.S. Sen. Jim Inhofe stands with the President. …

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Labor Department Hearings Continue

The Oklahoma Department of Labor continues with a series of public hearings regarding proposed rule changes. One recent hearing focused on the Alternative Fuels Program where the department proposed changes in its requirements and certification for Alternative Fuels Technicians. It’s proposing to eliminate the status of an electric vehicle charge station technician. A January 18 …

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State Plans Coal-Mining Rules Changes

  The Oklahoma Department of Mines plans a public hearing this week on proposed 2018 regulatory amendments focusing on training and safety requirements of underground coal mining. The hearing will be held Jan. 17 at two sites: at 2 p.m. at the ODM Offices, 2915 N. Classen Blvd in Oklahoma City and at 6 p.m. …

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Devon’s 4th Q Report to be made Feb. 20

Oklahoma City’s Devon Energy Corp. will release its fourth-quarter and full-year 2017 results next month. The company says it will make the results known on Tuesday, Feb. 20 after the close of U.S. financial markets. Results will be available on the company website at www.devonenergy.com.  

Rig Counts Grow in Oklahoma and U.S.

The latest rig counts in  Oklahoma and across the U.S. showed growth in the past week. Oklahoma’s count of oil and gas rigs grew by 3 to reach 121 while the national count was up 15 to 939. In the past week, the U.S. oil rig count grew by 10 to reach 752 while the …

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T. Boone Pickens Shuts Down Oil-Trading Operations

“It has been one hell of a roller coaster ride.” Oilman T-Boone Pickens on close of his oil trading operations. At age 89, oilman T. Boone Pickens apparently figures he has seen and experienced it all in his days of investment in the oil and gas industry. Riding the highs and surviving the lows.  Giving …

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Deadly and Disastrous Wildfires Prompt Senators to Introduce Assistance Act

  Nearly 10 months after hundreds of thousands of acres of land in northwest Oklahoma and southern Kansas and the Texas Panhandle were burned in wildfires, U.S.  Sen. Jim Inhofe and Sen. Tom Udall of New Mexico introduced the Wildfire Regulatory Relief Act. The fires burned more than 1,200 square miles in Oklahoma and Kansas. …

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State Senate Democrats Get Energy Committee Assignments

Democrats in the Oklahoma State Senate got their committee assignments this week for their caucus. And that included those named to various energy-related committee. Sen. John Sparks, Democratic leader made the announcement. “Our members come from a variety of backgrounds—education, business, agriculture, first responders,  military, mental health and the law—and that real world experience serves …

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Energy Groups Support FERC

At least nine energy industry associations including those representing oil and natural gas reacted positively this week to the action of the Federal Energy Regulatory Commission proposed rulemaking on grid resiliency pricing in the nation’s bulk power system. The groups included the Advanced Energy Economy, American Council on Renewable Energy, American Petroleum Institute, American Wind …

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