January 10, 2019 archive

Highway projects delayed in Oklahoma due to government shutdown

The head of the Oklahoma Department of Transportation warned this week that if the partial government shutdown continues much longer, some summer time highway construction projects will be missed by contractors. Executive Director Mike Patterson issued the warning at the State Transportation Commission’s monthly meeting where he said 45 upcoming projects totaling more than $137 …

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Anti-oil Democrats to join House Energy Committee

Oklahoma U.S. Rep. Markwayne Mullin and other Republicans on the House Energy and Commerce committee now know  some of the Democrats they’ll have to work with in the coming two years with Democrats in control of the House. And it’s likely they won’t be friendly to the oil and gas industry. The House Democratic Steering …

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President nominates Wheeler to be new EPA Administrator

While Acting EPA administrator Andrew Wheeler met Wednesday with his old boss, Oklahoma U.S.  Sen. Jim Inhofe, he was officially nominated by President Trump to be the person to succeed former administrator Scott Pruitt. Sen. Inhofe took note of the timing of the announcement with a tweet that stated: “Jim Inhofe‏Verified account @JimInhofe 17h17 hours ago More …

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Index warns of oilfield slowdown in 2019 in Oklahoma

Sharply falling crude oil prices have resulted in the first decrease in the Oklahoma Energy Index in eight months and foretells an inevitable slowdown in oilfield activity in the months ahead. Dr. Russell Evans, executive director of the Steven C. Agee Economic Research and Policy Institute, said Oklahoma oil and natural gas companies have been …

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Williams Cos. names new east-coast operations leader

The Williams Companies, Inc. announced the naming of a senior vice president of the Tulsa company’s Atlantic-Gulf Operating Area. Scott Hallam succeeds Frank Ferazzi who earlier announced his retirement. Hallam has most recently served as vice president and general manager, Eastern Interstates (including oversight of Williams’ Transco pipeline system) in the Atlantic-Gulf Operating Area. Previously, …

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Leadership changes announced at Enable Midstream Partners

Oklahoma City’s Enable Midstream Partners, L.P.  has followed through with leadership changes, formally making Craig Harris as the company’s chief operating officer. The move was earlier announced on Jan. 1 during a second quarter earnings call in which the firm said there were several organizational changes with new leadership roles, all designed to strengthen the …

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Report contends Anadarko Basin contains untapped areas of production

A new market analysis claims the Greater Anadarko Basin still holds fast quantities of un-risked oil and natural gas and much of the basin is still untapped. The analysis by IHS Markit, a firm known for its critical information, analytics and solutions says the Basin holds an estimated 16 million barrels of oil and more …

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WPX Energy sets date for release of financial results

  Tulsa’s WPX Energy will release its fourth-quarter and full-year 2018 financial and operations next month. The results will be discussed by WPX executives during a webcast on Thursday, Feb. 21, 2019 beginning at 9 a.m. Central Time. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will …

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Durant picked for North American headquarters of tubing plant

Durant has been chosen to be the national headquarters for a firm that manufactures high precision stainless steel tubing and nickel alloy tubes. Salem Tube, a subsidiary of the HWH Group is locating its North American headquarters and advanced manufacturing plant in southern Oklahoma. The $40 million investment includes a 150,000 square foot plant with …

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SEC filing made by ONEOK

  In a new filing with the Securities and Exchange Commission, Tulsa-based ONEOK Inc. made notice that the company’s profit sharing plan is no longer in effect as a result of its merger with the company’s 401(k) plan. It was a routine filing which was a deregistration of securities   EXPLANATORY NOTE: DEREGISTRATION OF SECURITIES …

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