December 21, 2018 archive

Rig numbers increased in Oklahoma and the nation

Rig counts in Oklahoma and the nation increased over the past week. Oklahoma’s count grew by one to reach 141 active rigs while the nation’s count swelled by 9 to hit 1,080. Nationally, the count included 10 more oil rigs for a total of 883 while the number of gas rigs dropped by one to …

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Refinery operator sets date to release financial earnings

We’ll soon learn the fourth quarter earnings of refinery operator HollyFrontier Corporation. The Dallas-based company that runs a 125,000 bpsd refinery in Tulsa as well as others in El Dorado, Kansas; Artesia, New Mexico; Cheyenne, Wyoming and Woods Cross, Utah plans to announce financial results on Feb. 20, 2019. The results will be for the …

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Energy attorney for Cherokee Nation elected as partner in Washington DC firm

An attorney who helps represent the Cherokee Nation in energy issues has been elected a partner in the Washington, D.C. based Van Ness Feldman law firm. Maranda Compton, who offices out of Denver, Colorado will become a partner effective Jan. 1, 2019. She has been a leading member of the firm’s nationally recognized Native Affairs …

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Shares acquired by Chesapeake Energy executives

Chesapeake Energy’s chairman emeritus Archie Dunham wasn’t the only company leader to pick up shares this week. While Dunham acquired more than 1,000,000 shares, three others made large acquisitions as well. CEO Robert D. Lawler acquired 100,000 more shares, according to a Form 4 filing that Chesapeake Energy made this week with the Securities and …

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Oilman lands chairmanship in State House

Oil and gas operator Zack Taylor of Seminole, now a Republican Representative in the Oklahoma House has been named chairman of the House Rules Committee. House Speaker Charles McCall made the announcement. “I’m honored that Speaker McCall has appointed me chair of the Rules Committee,” Taylor said. “The Rules Committee is a high traffic part …

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ONEOK makes filing with SEC regarding executive retirement

ONEOK based in Tulsa says one of its senior vice presidents is retiring. In a filing with the Securities and Exchange Commission, the company said Wesley J. Christensen, Senior Vice President of Operations will retire effective March 2, 2019. The notification came in a Form 8-K filing with the SEC.

Despite voter’s rejection, Colorado adopts tougher setback rules for oil and gas drillers

  2018 at 6:23 pm | UPDATED: December 19, 2018 at 10:54 am  Weeks after Colorado voters rejected attempts to create more restrictive oil and gas drilling setbacks from homes, schools and businesses, state regulators have implemented them. The Colorado Oil and Gas Conservation Commission voted recently to approve the bigger buffer zones. New wells will have …

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OGE buys two state power plants for $53 million

  Oklahoma Gas & Electric, the utility subsidiary of OGE Energy Corp. has announced that, pending regulatory approval, it will acquire two existing power plants to meet customers’ energy needs. The plants will replace capacity currently provided by power purchase contracts set to expire in 2019. The company announced it will acquire the Shady Point plant near Poteau, Oklahoma, …

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Oklahoma seeks EPA approval of plan to re-use oilfield wastewater

It was revealed during a recent water conference in Oklahoma City that the state along with Texas and New Mexico is asking for the EPA to approve re-use of oilfield wastewater. The three states want the EPA to issue National Pollution Discharge elimination System permits allowed under the Clean Water Act.  If they’re approved, the …

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SBA to provide help to eastern Oklahoma storm victims

The U.S. Small Business Administration has okayed disaster assistance sought by the state from the tornadoes and severe storms that hit eastern Oklahoma on November 30. Governor Mary Fallin announced residents and business owners in Cherokee County are eligible for the help. The designation provides SBA low-interest disaster loans for homeowners, renters and business owners …

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