November 2018 archive

ONEOK borrows $1.5 billion

  ONEOK, Inc. announced that it has entered into a $1.5 billion three-year unsecured term loan agreement that will be used for general corporate purposes, which may include repayment of existing indebtedness and funding of capital expenditures. This term loan was upsized to $1.5 billion from $1.25 billion as a result of strong demand. “As we execute on our more than $6 …

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Permits to drill for Nov. 19, 2018

No permits to drill were issued for Nov. 19, 2018.

Completion reports for Nov. 19, 2018

No completion reports were filed for Nov. 19, 2018.

Boeing makes $70,000 grant to Oklahoma State University-OKC

Aircraft manufacturer Boeing has made a $70,000 contribution to OSU-OKC for use at the Dove Science Academy. The concurrent enrollment program delivers high-quality, college-level courses and creates a pathway for highperforming, motivated Dove Science Academy students to gain college credit from Oklahoma State University Oklahoma City (OSU-OKC) while in high school. In 2017, Boeing contributed $60,000 …

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New Mexico ranchers are unhappy over BLM’s lack of enforcement on government land

  Not everyone’s happy with the Permian Basin boom that extends into southeastern New Mexico. Some of the ranchers who lease federal government land are complaining how the oil and gas firms are taking up space and grazing land. The ranchers are also encountering more violations from oil spills to haphazard land restoration. Plus, they’re …

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Energy Secretary uses old Texas campaign funds to pay for his wife’s air travel around the world

A report in the San Antonio Express-News indicates U.S. Energy Secretary Rick Perry is using campaign funds from four years ago to fly his wife around the world for nuclear talks and attend international energy meetings. The paper reported that records show Perry’s former gubernatorial campaign fund paid $17,000 to fly Anita Perry to and …

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Tinker chosen as maintenance center for new B-21 stealth bomber

The Air Force has selected Tinker Air Force Base, Oklahoma, to coordinate maintenance and sustainment of the B-21 Raider and Edwards AFB, California, to lead testing and evaluation of the next generation long-range strike bomber. The decision to use these bases marks the next milestone in the development and eventual deployment of the B-21, a …

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Historic low jobless rates in Oklahoma and Texas

There’s no doubt about it….the energy industries in Oklahoma and Texas have pushed jobless rates in the two states to historic lows. Oklahoma’s rate is down to 3.4% while the rate in Texas has dropped to 3.7% for October. The Texas unemployment level is the same percentage for the nation. Here’s how the U.S. Labor …

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OERB ads highlight energy focus of Sapulpa Junior High School teacher

The Oklahoma Energy Resources Board started airing TV and print advertisements over the weekend showing the work of a Sapulpa teacher in encouraging students to become focused on science and energy—-and working with the oil and gas industry. Mindy Stitt, Executive Director of OERB said the ads highlighted the work of Darius Todd, a junior …

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Election of environmental activists could prove challenge to Oklahoma congressmen

The results of the November mid-term elections could impact the energy industries of Oklahoma, Texas, Kansas and other states. Especially with the election of some environmentalists and activists who don’t like oil and gas and coal industries. Oklahoma has its share of protectors including Sen. Jim Inhofe who is a senior Republican on the Senate …

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