While Oklahoma’s energy industry is adding to a growing economy in the state, the state’s April unemployment remained at 3.3 percent. Numbers in oil and gas were down and the seasonally adjusted rate was down 0.3 percent point compared to April of 2018. The Oklahoma Employment Security Commission says the 3.3 percent jobless rate compares …
May 17, 2019 archive
Oil and gas rig counts dropped nationally and in Oklahoma
The oil and gas rig counts in Oklahoma and the nation slipped in the past week. Oklahoma’s count dropped one to 103 while the national count also fell by one to 987. A year ago, there were 138 oil and gas rigs actively pursing new energy in Oklahoma. Nationally, the count this past week included …
Wildlife Department helps meet drinking water needs of rural residents in Cleveland County
In partnership with the Oklahoma Department of Wildlife Conservation, the Cleveland County Rural Water District #1 has completed drilling three water wells on Lexington Wildlife Management Area and has started providing safe drinking water to about 125 customers in the area. The water district’s first billing was set to occur this week, culminating a 16-year effort to …
EPA watchdog says agency should recover excessive expenses by Scott Pruitt
Nearly a year after Scott Pruitt resigned as Administrator of the U.S. Environmental Protection Agency, he is still hounded by the scandals that led to his departure. The latest is a call by the EPA’s inspector general to have the EPA recover “excessive” expenses by Pruitt. The IG recommended the EPA consider recovering $124,000 in …
WPX and Howard Energy finish construction of joint venture in Delaware Basin
Tulsa’s WPX Energy and San Antonio-based Howard Energy Partners have completed construction on the majority of their joint venture to build an oil and gas gathering and processing facility in the Delaware Basin of West Texas. Howard Energy is in charge of operations. The gathering infrastructure will support an area more than 600 square miles …
Halliburton declares dividend following annual shareholders meeting
Shareholders at Halliburton elected all ten nominees to the company’s board of directors. They also approved the compensation of Halliburton’s executive officers and a proposed amendment and restatement of Halliburton’s Stock and Incentive Plan. Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Milton Carroll, Nance K. …
PSO to work with FFA in awarding science grants
Public Service Company headquartered in Tulsa announced it’s partnering again with the Future Farmers of America to provide up to $25,000 in grants for the Science, Technology, Engineering and Math program. With support from the AEP Foundation, PSO is providing the funding for a total of $25,000 in grants to be awarded to Oklahoma …
Oil and gas association says state budget agreement is “step in the right direction”
The recent agreement on a $8.3 billion state budget reached by the Governor and Republican leaders of the legislature drew hearty support from the state’s oil and gas industry associations. Chad Warmington, President of the OIPA-OKOGA issued a statement after the announcement at the capitol. “The budget agreement for the 2020 fiscal year is a …
Collegiate Wind Competition won by Penn State
Twelve collegiate teams gathered at the U.S. Department of Energy (DOE) National Renewable Energy Laboratory (NREL) Flatirons Campus last week to compete in DOE’s Collegiate Wind Competition Technical Challenge. Penn State University took home first place overall for their revamped wind turbine electrical system. Congratulations to the winners in each of the categories during the …
Sweet spot in STACK found by Continental Resources
New completion reports filed by Continental Resources show the energy company had more than one big well at a site near Greenfield in Blaine County. As OK Energy reported earlier, the company had a well with production of more than 1,700 barrels of oil a day at 5 14N 11W. But next day filings by …
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