October 7, 2019 archive

Legislator expresses regret over lack of support on compromise legislation

After the Oklahoma Supreme Court issued its ruling in Beason v. I.E. Miller Services, Inc., striking down non-economic damage caps, House Judiciary Chair Christopher L. Kannady (R-Oklahoma City) sought input from all stakeholders to work on compromise legislation to move Oklahoma forward. Chairman Kannady reached out to the State Chamber of Oklahoma, Oklahoma State Medical …

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Shares acquired by director at Tulsa coal company

An SEC filing by Alliance Resource Partners LP in Tulsa shows board member Robert J. Druten has acquired more derivative securities in the company. Druten was named to the board in January of 2019. The SEC filing indicated he received 2,777 shares giving him direct ownership of a total of 10,408 shares in the company. …

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Study predicts record natural gas use this winter in US

Electricity generators are expected to set a record for natural gas use this winter, reflecting the continued addition of new gas-fired power plants to replace coal units. With about 7,000 megawatts of new gas-fired units estimated to have come online so far in 2019, the power sector will demand 27 billion cubic feet per day …

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Baker Hughes reports international rig count is down

  Baker Hughes, a GE company announced Monday that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from …

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