Gasoline prices have risen to their highest August averages in the U.S. since 2014 while in Oklahoma, the average is up a penny to a statewide average of $2.63 per gallon. The national average is up to $2.87 a gallon, as nationwide demand for gasoline hit 9.88 million barrels a day. The Energy Information Administration …
A new poll by Real Clear Politics shows Oklahoma Corporation Commissioner Bob Anthony with a 20 point lead in his GOP runoff race with former State Senator Brian Bingman. Real Clear Politics reported 50% of those polled on August 1 and 2 favored Anthony who is seeking his 6th term in office while 30% supported …
Despite the impact of steel tariffs on Oklahoma companies, Oklahoma U.S.Sen. James Lankford is supporting the Trump administration and hoping its negotiations will “bring stability back to the marketplace.” It’s what he indicated in his latest newsletter to colleagues following a meeting at the White House with President Trump and his staff …
Noble Midstream Partners LP (NYSE: NBLX) (Noble Midstream or the Partnership) today reported second quarter 2018 results. The Partnership’s results are consolidated to include the non-controlling interests in the Partnership’s development companies (DevCos) retained by Noble Energy, Inc. (Noble Energy) as well as Greenfield Midstream, LLC’s (Greenfield Midstream) 45.6% ownership of Black Diamond Gathering, LLC (Black …
Baker Hughes, a GE company (NYSE:BHGE) announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 24, 2018 to holders of record on August 14, 2018. The dividend will be funded by a distribution of $.18 per unit from Baker Hughes, …
-EFT Analytics, a software and energy management solutions provider, is deploying a real-time monitor that is producing exceptional outcomes at a Koch Fertilizer plant in Enid, Oklahoma. Over the course of 10 weeks, EFT collaborated with plant engineers from Koch to understand previous undesirable plant behaviors, so they could identify precursors to potential unplanned events …
While Oklahoma’s rig count remained at 137 in the past week, the national count slipped by 4 to 1,044 according to various rig-reporting companies. Oklahoma’s count compares to 132 reported a year ago. Nationally, the count included a drop of 2 oil rigs to 859 while the number of gas rigs slipped 3 to reach …
Canada’s Enbridge Inc. announced this week the closing of two $1 billion divestment deals and one involves operations in Oklahoma. The company sold its Midcoast Operating LP and subsidiaries in a $1.1 billion cash deal involving its U.S. natural gas and natural gas liquids gathering, processing and transportation serving basins in Oklahoma, Louisiana and Texas. …
Midstates Petroleum based in Tulsa reported its second quarter operations saw an increase in oil production but also a $1.5 million net loss or 6 cents a share. Net income a year earlier totaled $13.7 million or 53 cents a share. The net loss for the second quarter compared to the $4 million in net …
The past week saw new wells reported in a variety of counties in Oklahoma including 7 in Blaine County, one of the three major counties making up the STACK play. Continental Resources reported three of those in Blaine County and revealed significant gas wells in a zone near Geary and Hydro. Information on the wells …
