Saying 2018 was a “pivotal year”, management at Tulsa’s WPX Energy reported increased oil volumes and fourth quarter 2018 net income. The company said unaudited fourth quarter 2018 net income was $353 million or 83 cents a share on a diluted basis. A year ago the company reported a net loss of $24 million. The …
A report by Gaylord News at the University of Oklahoma suggests nearly $178 million in military construction in the state could be endangered if President Trump redirects defense spending for his national emergency declaration over the border with Mexico. The $178 million i for construction of maintenance and training facilities at Tinker Air Force and …
Halliburton Company will host a conference call on Monday, April 22, 2019, to discuss its first quarter 2019 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The company will issue a press release regarding the first quarter 2019 earnings prior to the conference call. The press release will …
Tulsa’s Unit Corporation reported an increase in oil and natural gas production in 2018 but it also lost net income in both the fourth quarter of 2018 and for all of 2018. Net loss attributable to Unit for the quarter was $77.8 million, or $1.49 loss per diluted share, compared to net income attributable to …
As OGE Energy Corp. reported an increase in net income for 2018 and a drop in earnings, leadership was calling it one of the best years in the history of the company. Earnings per average diluted share last year was $2.12 compared with $3.10 per share in 2017. In 2018, OG&E, a regulated electric utility, reported …
Democrats now in charge of the U.S. House Energy and Commerce committee aren’t letting up in their environmental claims and charges against the Trump Administration. The Committee leadership plans a Feb. 26 hearing on the Environmental Protection Agency’s enforcement program. The decision came after the EPA recently reported gains in some areas such as criminal …
Public Service Company of Oklahoma announced a $250,000 grant from the American Electric Power Foundation to help Weatherford’s Stafford Air & Space Museum reach its Legacy Campaign goal. The money raised during the campaign will fund a planned 18,000 square foot expansion of the museum. Tiffini Jackson, PSO vice president for external affairs, announced the …
While the oil and gas association viewed the figures from the Board of Equalization as a sign of too much dependency on the industry, Democrats in the legislature had a different take. House Minority Leader Emily Virgin of Norman saw it as affirming last year’s legislative move to raise taxes including those on oil and …
Permits to drill issued on Feb. 20, 2019. Blaine County LASSITER #1-20-29XH, March 20 2017 20 16N 13W N2NENENE API: 01123765 Lat: 35.85521087194652, Long: -98.59782134132266 CONTINENTAL RESOURCES INC HH, AM, 22355 ft, MISSISSIPPIAN (LESS CHESTER)(10296), WOODFORD(12280) Canadian County BRAVEHEART #1H-21-28, February 19 2019 21 12N 10W NENENENW API: 01725393 Lat: 35.506839248430126, Long: -98.26353452164935 CITIZEN ENERGY III LLC …
Completion reports issued on Feb. 20, 2019. BLAINE COUNTY Echo E & P Llc Mississippian: Oil 103 Gas 8201 Water 271 Flow 31 15N 13W Boxer 1-31-30xh, August 28, 2018 HH, GAS, TD: 22919 ft Lat: 35.72576, Long: -98.62767 API: 35011239750000 CANADIAN COUNTY Roan Resources Llc Mississipian: Oil 361 Gas 1018 Water 1506 Flow 1 10N 6W Doris 1-36-10-6 1xh, July 09, 2018 HH, OIL, TD: …
