June 2018 archive

Tender Offer expanded by ConocoPhillips

  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 …

Continue reading »

Enel Green Power makes more contributions to Oklahoma schools

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 …

Continue reading »

From Washington DC to Workers Comp Commission for EPA Attorney

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 …

Continue reading »

Labor Commission Candidate disagrees with workplace injury rates

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 …

Continue reading »

Water Bill wins overwhelming support in the House

All four Oklahomans in the U.S. House helped pass the biennial water resources legislation this week in a 408-2 vote. The Water Resources Development act of 2018 provides the Army Corps of Engineers with the authorization to maintain the nation’s water infrastructure, something that Reps. Tom Cole, Frank Lucas, Markwayne Mullin and Steve Russell supported. …

Continue reading »

May Tax collections were a record in Oklahoma

Tax collections for the month of May in Oklahoma were a record $970.9 million according to State Treasurer Ken Miller.  He said it brought the total gross receipts in the past 12 months to $12.09 billion, a figure that is only $14 million from matching the all-time 12 month high. Oil and gas gross production …

Continue reading »

Completion Reports for May 31-June 6

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between May 31st and close of business on June 6th. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT …

Continue reading »

Permits to drill May 31-June 6

his weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between May 31st and close of business on June 6th.  There are two links on each line: – The SPOT link will take you to the well location on Google Maps.  So, if you need it, this will …

Continue reading »

Tulsa gets $45 million highway grant to make I-44 repairs

The city of Tulsa got good news this week in the form of a $45 million grant to help replace bridges on Interstate 44 in the city’s west side. It will help speed up work on a $350 million project to widen the interstate to six lanes and also replace the I-44/U.S. 75 interchange. “This …

Continue reading »

Chaparral Energy adds new member to board of directors

Oklahoma City-based Chaparral Energy, Inc. has expanded its board of directors from seven to eight with the appointment of David Greenberg. He is a new independent member of the board effective immediately.  All of the company’s directors will be up for re-election when the annual shareholders meeting is held June 29. “We are very pleased …

Continue reading »