Marathon inks new oxygen supply agreement for its refineries

Marathon Petroleum, the Houston company that just filed completion reports on two STACK wells with production of 2,200 to 2,500 barrels each announced the signing of two long-term supply agreements with Air Liquide. It means Air Liquide will provide up to 900 tons a day of oxygen for Marathon refineries in Texas City, Texas and …

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Roan Resources gets $100 million loan to continue operations

A week after announcing new financial guidance for the remainder of 2019, Oklahoma City-based Roan Resources, Inc. announced it received commitments for a $100 million term loan facility. The commitments are from funds affiliated with “certain significant shareholders of the company that are represented on the board of directors,” stated the announcement. As part of …

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Power restoration still underway after Southern Oklahoma storms

The sound of buzz saws filled the air in Pauls Valley and other southern Oklahoma towns and cities on Wednesday.  And likely the chain saws are still busy following the early Wednesday morning storm that skipped across the southern part of the state and packed winds estimated at 100 miles an hour. “We don’t know …

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Air Force engine maker expanding operations at Tinker Air Force Base

Oklahoma’s aircraft industry is getting another boost with this week’s announcement by Pratt and Whitney that it is expanding operations at Tinker Air Force Base. The company made the announcement at the Paris Air show where Gov. Kevin Stitt and company representatives are among those from Oklahoma in attendance. The firm said the expansion includes …

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2,000 barrels of oil a day plus wells brought in by Marathon Petroleum in Oklahoma’s STACK

Two of the largest wells in the STACK to be reported in a few months have been brought in by Houston’s Marathon Petroleum, the largest with production of more than 2,500 barrels of oil a day. Both were drilled on the same pad located at 27 17N 10W or about 5 miles southeast of the …

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OKC, Tulsa and Lawton under ozone warnings from DEQ

  On the last day of Spring 2019 in Oklahoma, the state issued an ozone watch for Oklahoma City, Lawton and Tulsa as temperatures were to push into the 90s. Southwest Oklahoma was expected to have high temperatures of 97 and some areas could even have hit 100 degrees. The Oklahoma Department of Environmental Quality …

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Southern Oklahoma towns and cities recover from 80 mph winds

Winds of 80 to 100 mph were part of a strong series of thunderstorms that raced across southern Oklahoma early Wednesday morning, blowing over semi-trucks on I-35, knocking down trees and power lines and leaving thousands without electrical power. A reported five semi-trucks were blown off the Interstate at Pauls Valley, leaving one of the …

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Regulators to take possible vote on enforcement of new railroad law

    The Oklahoma Corporation Commission meets Thursday to consider rules to enforce a new law regarding trains that block street intersections. The Commission started holding technical conferences back in January to get input. In January, the Commission wanted the ability to conduct a compliance audit should a train block a crossing more than 10 …

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Facebook to build $146 million solar farm in Texas

Texas was ranked number two nationally in 2018 for solar power development and the announcement by Facebook will likely strengthen the ranking. Facebook announced it will build a $146 million solar farm in West Texas—the largest in the nation and Facebook’s first direct investment in renewable energy. The Prospero Solar project will be constructed north …

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Contract awarded to expand KC-46 tanker training at Altus Air Force Base

A $13.45 million contract has been won by a contractor in Yukon to build a new training facility at Altus Air Force Base. SGS LLC won the contract to finish work as Altus takes on the new KC-46A Pegasus refueling tanker. Altus is where crews will be trained to flight the new plane. The Phase …

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