An Addison, Texas energy company has the highest producing oil well reported in Oklahoma’s STACK in the latest round of completion reports. Longfellow Energy’s Phyllis 35-04H well located about 5 miles east of Hennessey in Kingfisher County (35 19N 6W) had production of 1,225 barrels of oil a day when it was completed late last …
Oklahoma City police are alerting consumers of a new scam involving an OGE impersonator. Investigators say someone posing as an OGE worker has pulled up in an orange truck with white lettering on the side, very similar to the color of the real OGE utility trucks. The impersonator threatened to shut the victim’s electricity off …
The move by Oklahoma City’s Devon Energy Corp. to sell its stake in Enlink Midstream Partners LP for $3.13 billion and expand its buyback of shares is working. Shares of the company rose 6.8% to $42 a day after making the announcement that it not only sold its part of Enlink to an affiliate of …
Make fun of living in Midland, Texas all you want, but it’s now the hottest housing market in the U.S., thanks to oil and gas exploration in the Permian Basin. The boomtown tops the U.S. home market list released recently by Realtor.com. There’s such a demand for housing that it takes a median of 28 …
Millions of dollars more are being invested in rural electric utilities by the U.S. Department of Agriculture. The USDA announced this week the investment of $309 million in 16 projects in a dozen states. Oklahoma utilities were not the recipients of the funding announced by Assistant to the Secretary for Rural Development Anne Hazlett. But …
ConocoPhillips has released terms of its tender offer totaling $1.8 billion for a range of senior notes. The notes range from 2.4% to 4.154% and are due beginning in 2022 and extending to 2034. The tender offer was originally announced to be $1.75 billion but was later expanded to $1.8 billion. 1) Includes the …
Oklahoma’s largest wind operator, Enel Green Power has made more financial investments in some of the schools where its wind farms are operating. The latest were made to schools around the firm’s Drift Sands wind farm, a 10,000 acre, 108 megawatt operation in southwestern Oklahoma. The company recently made donations to the Chickasha Public Schools …
As she heads back to Oklahoma to become the new General Counsel to the Oklahoma Workers’ Compensation Commission, attorney Sarah Greenwalt is not finished with Washington, D.C. She’s departing as EPA Administrator Scott Pruitt’s legal counsel, having joined him when he left Oklahoma as Attorney General. She was considered one of his top aides as …
One of the candidates for the GOP nomination for Oklahoma Labor Commissioner, Cathy Costello is taking issue with claims that the state’s workplace injury rate is below the national average. In a statement this week, Costello disputed the conclusion that the state’s workplace injury rate of 3.8 compares to the national average of 5. She …
