Those highways and bridges where oil and gas trucks and big rigs hauling wind farm blades travel in Oklahoma are the target of an 8-year Construction Work Plan approved Monday by the Oklahoma Transportation Commission. The DOT said major improvements have already been made through the Eight-year Construction Work Plan but “much work remains …
2016 archive
Treasurer Still Pessimistic About State’s Economy
“We keep scouring through the data to find signs of an impending turnaround, but it’s just not there.” Treasurer Ken Miller on State’s economy. Those August gross receipts to the Oklahoma Treasury still weigh heavily on the mind of Treasurer Ken Miller as he releases his monthly Oklahoma Economic Report. He doesn’t sound optimistic …
Labor Unions Tell President his Involvement to Stop Dakota Access Pipeline is Chilling
Dallas-based Energy Transfer just got the support of five labor unions this week in the company’s fight to finish construction of its $4 billion Dakota Access Pipeline opposed by the Obama administration. The unions include LiUNA and the International Brotherhood of Teamsters who sent a letter to President Obama expressing deep concerns about his administration’s …
Mammoth Energy Services Initiates IPO to Raise $128 Million
Mammoth Energy Services Inc. became Oklahoma’s newest publicly traded company on Monday when it launched an initial public offering worth $116 million to $140 million, according to a report by The Oklahoman. Mammoth Energy Services is a wholly owned subsidiary of Oklahoma City-based Mammoth Energy Partners LP. The company has previously attempted to transition from …
Oklahoma Sierra Club Prepares for Annual Gathering
The Oklahoma Chapter of the Sierra Club is preparing for its annual chapter gathering set for the weekend of Oct 21 at the Chickasaw National Recreation Area near Sulphur. It begins Friday afternoon at 5 o’clock, with a music mixer. On Saturday, Oct 22 from 9 a.m. to 2 p.m. there will be multiple outing …
OGE Offer for Enable Midstream Stake is Rejected by CenterPoint
Houston-based CenterPoint Energy has rejected an offer for its stake in Enable Midstream Partners from its partner, OGE Energy, according to an Argus news report published on September 29. “There is no material agreement to report at this time,” said William D. “Bill” Rogers, CenterPoint’s chief financial officer and executive vice president. CenterPoint’s 30-day period to consider …
Oil Futures End Week and Month on Higher Note Despite Quarterly Loss
Oil futures finished higher on Friday, with prices achieving a second-straight monthly gain but suffering from the first quarterly loss of the year, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude added 41 cents, or 0.9%, to settle at $48.24 a barrel. Tracking the front-month contracts, prices fell nearly …
Devon Energy Dumps Membership in OIPA Claiming ‘Inequity’ in the Group’s Membership Structure
A shocker for the Oklahoma Independent Petroleum Association where Oklahoma City-based Devon Energy has dropped its membership claiming the group does not apparently do enough for those who make large capital investments in the state. “This decision arose from our serious concerns with OIPA’s ability to be an effective advocate for the significant capital investments …
Rig Counts Grew in U.S. and Oklahoma in the past Week.
The latest weekly rig report by Houston-based Baker Hughes Company, an oil and gas servicing firm shows the U.S. rig count grew by eleven over the past week reaching a total of 522. Oklahoma’s count grew by one to hit 68. However, it should be noted the rig count is based on activity of …
Completion Reports October 3, 2016
BLAINE COUNTY Continental Resources Inc 24 16N 11W Binder 2-13h, September 03, 2016 SH, DRY, TD: 1475 ft Lat: 35.85406, Long: -98.31912 API: 35011236400000 DEWEY COUNTY Mewbourne Oil Company Cleveland(8957): Oil 116 Gas 259 Water 1176 Flow 8 17N 18W Myers 8 Md 1hc, August 03, 2016 HH, OIL, TD: 13580 ft Lat: 35.95719, Long: …








