State regulators to consider funding requests they cannot deny

After being scolded by the Oklahoma Supreme Court for denying Universal Service Funding to an independent telephone company, state regulators might have more to say about the subject on Wednesday. The Corporation Commissioners plan a discussion at their regular meeting of requests for Universal Service funds requests by Dobson Telephone Company and Medicine Park Telephone …

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Bison Solutions expands holdings with major acquisition

Oklahoma’s number one water field provider in the oil and gas industry, Bison Solutions just got larger with the purchase of Cobalt Environmental Solutions, a Texas based company that operates in the Anadarko basin of Oklahoma. Just last year, Bison closed on a deal to buy S and S Star Water Solutions for an undisclosed …

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Oops! Scientists admit studies were wrong about earlier methane emissions from oil and gas

Scientists now say some studies claiming the increase in oil and gas activities over the past several years did not result in a large jump in methane emissions. The scientists are none other than those at the National Oceanic and Atmospheric Administration and the University of Colorado Boulder. Their new study says methane emissions from …

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Tornadoes leave their trail of damage in Oklahoma

Energy workers at oil and gas drilling sites and those at wind farms in Oklahoma dodged severe weather on Monday as a massive storm system produced up to 15 tornadoes. A large twister struck near Mangum in the southwest and caused damage to some homes, but no injuries were reported. Funnels were sighted near Clinton …

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South Texas deals with earthquakes

Four earthquakes have been confirmed in the Eagle Ford Shale of South Texas in the past two weeks. The strongest were 3.1 magnitude, according to the U.S. Geological Survey. The latest measured 2.5 magnitude and struck on Saturday with an epicenter about five miles east of the Gonzales County town of Smiley. No damage was …

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TrinityRail to build new maintenance center

The Fort Worth-based Trinity Industries announced that its subsidiary TrinityRail Maintenance Services Inc. is investing $60 million in a 230 acre site for a rail maintenance operation in northern Iowa. The operation will be in the small town of Shell rock, Iowa and will eventually hire 250 workers. The company said that upon completion, the …

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ConocoPhillips sets date for release of 2Q earnings report

ConocoPhillips announced its second quarter 2019 financial results will be the focus of a conference call webcast at the end of July. The conference call is set for Tuesday, July 30 at 11 a.m. Central Time where company leaders will discuss the results. The 2nd quarter report will be released before the market opens on …

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WPX leader to speak at New York energy conference

The leader of Tulsa’s WPX Energy will be a speaker next month at the 2019 J.P. Morgan Energy conference. The conference is by invitation only as WPX Energy President and CEO Clay Gaspar will speak in New York. The conference will be held June 18 and 19 and Gaspar will speak on Tuesday, June 18 …

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Oklahoma legislature reaches deal on investing in budget savings

Legislative leaders have agreed to boost state savings in a move that drew support from the oil and gas industry’s association in Oklahoma. The Joint Committee on Appropriations and Budget gave a “do pass” recommendation to the full legislature for Senate Bill 1072 which will ensure the state’s Revenue Stabilization Fund. “Because the state is …

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Reports reflect Kingfisher county activity for Newfield Exploration

Newfield Exploration filed 8 completion reports this week showing well production in Kingfisher County at two separate pad sites. Three Lucky Dog wells were produced 2 miles north of Okarche and one mile west of highway US 81. The wells had spud dates in August of 2018 with completion in October 2018. The Lucky Dog …

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