Oklahoma City-based Flywheel Energy, LLC has completed its acquisition of Southwestern Energy Company’s Fayetteville shale business for $1.865 billion, according to a company press release issued on Tuesday. Backed by the Kayne Private Energy Income Funds platform, the independent oil and natural gas company acquired assets including 716 mmcf/d of net production from 4,033 producing …
December 4, 2018 archive
Oklahoma Drivers Reaping Benefits of Near Record Low Gas Prices
Gasoline prices in Oklahoma have fallen nine cents in the past week, averaging $2.11 per gallon on Monday, according to GasBuddy’s daily survey of 2,294 stations in Oklahoma. This compares with the national average from last week that revealed a drop of ten cents to $2.43 per gallon. Average gasoline prices in Oklahoma on December …
NRC Proposes $3,500 Fine for Missing Radioactive Seeds
The Nuclear Regulatory Commission has proposed a $3,500 civil penalty to a Delaware medical firm for failing to properly secure licensed nuclear material, according to a report issued on Tuesday. In May, a physicist for Christiana Care Health Services discovered that 50 iodine-125 seeds were missing from a lab at the firm’s offices in Newark, …
Anadarko Petroleum Will Conduct Seismic Testing in Loveland, Colorado
Houston-based Anadarko Petroleum Corporation plans to place seismic sensors to search for oil and gas deposits underneath the east side of Loveland, Colorado, according to a report by The Loveland Herald. Anadarko trucks will vibrate the ground. The vibrations recorded by the seismic sensors will help to create maps of the underlying geology. The work …
ODOT and DEQ Roll Out ChargeOK Grant Program to Add Electric Vehicle Charging Stations
The Oklahoma Department of Environmental Quality, Oklahoma Secretary of Energy and Environment and the Oklahoma Department of Transportation recently announced a new funding program aimed at building out Oklahoma’s light-duty electric vehicle (EV) charging stations. Funded by the Volkswagen State Environmental Trust, the ChargeOK Grant Program will offer nearly $3.1 million for the purchase, installation …