A day after announcing it had received a $6 million contract order for its high performance jet powered unmanned aerial target drone system, Kratos Defense and Security Solutions Inc. said it had received a $2.7 million production order on its new Combat System Program. Based in San Diego but with manufacturing operations in Oklahoma City, …
The American Petroleum Institute has decided to get involved in the Presidential campaigns making sure its side of the energy and climate story is told. Expect to see its story told in national TV and radio advertisements. It has launched “Energy for Progress,” a nationwide TV and digital ad campaign highlighting the natural gas and oil industry’s …
Some of the buildings leased by Boeing for its work outside Oklahoma City’s Tinker Air Force base have a new owner. The Oklahoman reported Wednesday that a California investors group purchased more than 30 acres and 3 buildings in a $124,735,000 deal. The seller was developer Gardner Tannenbaum Holdings andthe buyer was OKC Aerospace 1 …
The oil and gas industry in Colorado could face even stricter drilling setback requirements if an environmental group gets its way. Colorado Rising, described as a grassroots anti-fracking group has filed six ballot measures with the secretary of state. Five of the measures would increase setbacks between drilling rigs and homes up from the baseline …
A frack-sand company in the Permian Basin of southeast New Mexico has proposed a more than 16-mile long conveyor system to move fracking sand from a Texas mining site to New Mexico. The plan by Atlas Sand Company would move the sand in a covered overland conveyor belt system in Loving County, Texas to the …
Baker Hughes announced that the Baker Hughes international rig count for December 2019 was 1,104, up 8 from the 1,096 counted in November 2019, and up 79 from the 1,025 counted in December 2018. The international offshore rig count for December 2019 was 257, up 10 from the 247 counted in November 2019, and up 23 from the 234 counted in December 2018. The average …
A new study shows one in four members of Congress admits to owning shares in the oil and gas industry. It totals $93 million in shares according to Sludge, the investigative journalism group that likes to ‘follow the money.’ Climate scientists predict climate change will have catastrophic effects in the coming decades if drastic action …
The Oklahoma Department of Environmental Quality is considering air permit requests of some industrial operations including one by the Koch Fertilizer in Enid. Koch recently learned that the ammonia pipeline used to ship some of the ammonia from the plant located 5 miles east of Enid will soon be permanently shut down. The line is …
Oklahoma City’s Devon Energy Corp. announced plans to report its fourth-quarter and full-year 2019 results on Tuesday, Feb. 18, after the close of U.S. financial markets. The earnings release and operations report for the fourth-quarter and full-year 2019 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Feb. 19, the company will hold …
The efforts of Oklahoma City-based Red Wolf Operating LLC in the greater SCOOP/STACK/Merge play areas have resulted in five sister wells producing nearly 3,200 barrels of oil a day. Completion reports filed this week with the Oklahoma Corporation Commission show Red Wolf Operating drilled five wells on a single pad at 27 6N 6W …
