SandRidge Issues 3rd Quarter Report……calls 2016 a “watershed” year for the company

After coming out of bankruptcy and unloading $3.7 billion in debt, SandRidge Energy reported third quarter earnings and activities this week, James Bennett, SandRidge President and CEO said the company had only one drilling rig active in Oklahoma during the quarter and one for part of the quarter in the North Park Basin of Colorado. …

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State Insurance Representatives to be in Cushing Next Week to Offer Earthquake Insurance Help

  The Cushing earthquake has prompted State Insurance Commissioner John Doak to offer earthquake insurance help beginning Monday. He and his aides will be in Cushing at the Chamber of Commerce office, 1301 E. Main on Monday through Friday from 10 a.m. to 2 p.m. each day. “There is significant damage in Cushing,” said Doak …

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Governor Stands by Corporation Commissions Injection Well Actions near Cushing

This week’s actions targeting wastewater injection wells following the Cushing earthquake have the support of Gov. Mary Fallin. “I support the quick action taken by the Oklahoma Corporation Commission, which regulates the oil and gas industry in our state, as it worked closely with state researchers at the Oklahoma Geological Survey to put in place …

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Energy and Farming….Big Topics for Rep. Lucas As he Savors Re-election Win

  It’s not just agriculture that is an important subject to Oklahoma U.S. Rep. Frank Lucas who was re-elected this week to a 12th term in the House.  So is energy and he made that clear in a post-election interview with Radio Oklahoma’s Carson Horn, telling him energy and agriculture are the two most important …

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Governor Declares State of Emergency Following Cushing Earthquake

  Governor Mary Fallin declared a state of emergency in Payne County on Tuesday following the Sunday night earthquake that hit Cushing. The following was her announcement: OKLAHOMA CITY – Governor Mary Fallin has declared a state of emergency for Payne County due to a magnitude 5.0 earthquake that occurred Sunday evening near the city …

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Tesla Eliminates Free Unlimited Use of Supercharging Stations

Months before its scheduled delivery and sales of its mass-market Model 3 electric vehicle, Tesla Motors announced Monday that it will discontinue unlimited free use of its 734 global supercharging stations for all vehicles sold after January 1 of next year. Instead, the automaker will provide 1,000 miles worth of annual credits for use at …

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GM Ready to Roll With Chevrolet Bolt EV on Michigan Production Line

American automaker General Motors is jumping back into the electric vehicle market with its current production of the Chevrolet Bolt EV on an assembly line near Detroit, Michigan. The hatchback automobile can travel more than 200 miles on battery power, according to a report by PennEnergy. With an estimated cost of $37,495 before a $7,500 …

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Lender Pressures Energy Transfer Partners to Resolve Fight With Indians over Dakota Access Pipeline

A bank in Norway is now demanding that Dallas-based Energy Transfer Partners, developer of the controversial Dakota Access pipeline in North Dakota, do more to resolve the issue. If not, DNB might yank its loans to  Kelcey Warren and Energy Transfer Partners. The bank loaned ETP $342.36 million or about 10 percent of the total …

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Cherokee Nation Helps in Hurricane Hunting

Oklahoma’s Cherokee Nation is building on one of its technologies projects—helping Hurricane Hunters through the use of unmanned aircraft. The Cherokee Nation Technologies created a partnership with the National Oceanic Atmospheric Administration and NASA to support hurricane forecasting and damage assessment. The Nation uses an unmanned aircraft Global Hawk to fly above recent hurricanes Gaston, …

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New Cushing Earthquake Plan Coming Soon from Corporation Commission

“We will be taking further action in the area,” said Matt Skinner with the Oklahoma Corporation Commission following the Sunday night earthquake at Cushing. The Commission’s Oil and Gas Division responded immediately after the 7:44 p.m. earthquake that measured 5.0 magnitude according to the U.S. Geological Survey or 4.6 magnitude according to the Oklahoma Geological …

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