Exxon Mobil’s announced plans to move 1,600 of its XTO Energy subsidiary’s employees from Fort Worth to the Houston area. Reports indicate 1,200 employees will make the move in mid-2018 and another 400 will be transferred in 2020. Only about 350 XTO Energy workers will stay in Fort Worth. Workers got the news on Friday …
June 2017 archive
California Firm Sells Half Ownership in NW Oklahoma Wind Farm
The sales price was not announced but EDF Renewable Energy, based in San Diego, California announced it has sold 50 percent interest in Great Western Wind Project based in Woodward an Ellis counties in northwest Oklahoma. Alliant Energy Corporation located in Madison, Wisconsin bought the 50% ownership in the 225 megawatt wind farm. The wind …
Open Season on Plains All American Pipeline from Texas to Cushing
An open season for committed crude oil pipeline capacity from the Delaware Basin in Texas to Cushing, Oklahoma has been announced by a subsidiary of Plains All American Pipeline, L.P. The company said the Pipeline will originate at Conan Station in Loving County, Texas which is located between El Paso and Midland-Odessa. The line will …
Hess Corporation Unloads $600 Million in Assets in Permian Basin
New York based Hess Corporation announced Monday it has sold $600 million in assets in the Permian Basin to Occidental Petroleum Corporation. The sale was effective June 1 and proceeds will be used to fund the company’s strong growth opportunities. The assets included holdings in the Seminole Gas Processing plant in Texas, the West Bravo …
7-Year Court Fight Ends With $11.7 million Judgment Against ConocoPhillips
In a court case of the “little guy” against the corporate giant, the corporate giant, ConocoPhillips has lost its challenge of $11.7 million in damages ordered by a court. The Fourth Court of Appeals in San Antonio, Texas has upheld a lower court ruling that said a brother and sister were entitled to $11.7 million …
Another Round of Court Filings in Legal Fight Over Keystone XL Pipeline
Supporters of the proposed Keystone XL pipeline have gone to Montana federal court contending President Trump’s decision in March to approve a permit for the project is not within the court’s jurisdiction. The supporters responded to legal action taken by environmental and tribal groups that are fighting the project which will stretch across Montana, South …
Tulsa Businessman’s $1 million Re-creation of Waite Phillips Office
Tulsa chemical company owner Mat Brainerd’s had such an interest and devotion of the history of Oklahoma oilman Waite Phillips, he spent $1 million renovating his office to look just like the one Phillips had in Philtower in downtown Tulsa. As he told The Tulsa World, “Re-creating his office into an exact replica of what …
Oklahoma’s Oil and Gas Employment Dropped in May
While Oklahoma’s latest unemployment rate remained unchanged at 4.3 percent in May, new figures from the state indicated a growth in jobs in Oklahoma’s energy sector for the year but not the month. The jobless rate has remained at 4.3 percent since March as the state’s labor force dwindled in the same time period. The …
Expanded Oil and Gas Drilling Permits for Noble County
Two oil and gas exploration companies intend to keep busy in the state if the latest permit report is any indication. Newfield Exploration based in Houston filed for five permits in Kingfisher County, showing the firm’s interest in the STACK is not easing whatsoever. DonRay Petroleum LLC based in Oklahoma City filed and obtained 8 …
Pruitt’s Calendar Reveals Busy Schedule Full of Fossil Fuel Meetings
Administrator Scott Pruitt led a busy life as he settled into the top post at the U.S. Environmental Protection Agency, according to scheduling data released to E&E News late Thursday. During his initial five weeks in office, Oklahoma’s former attorney general met with governors and energy leaders but failed to hold discussions with environmental activists …