May 15, 2020 archive

EPA Administrator to testify before Sen. Inhofe and others

Could be some fireworks this week when Environmental Protection Agency Administrator  Andrew Wheeler testifies before the U.S. Senate Environment and Public Works Committee. Democrats who are critical of the Trump administration’s handling of the EPA are sure to ask some highly critical questions of Wheeler and his running of the agency. Oklahoma U.S. Sen. Jim …

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Energy news in brief

** Baker Hughes (NYSE: BKR) announced that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 5, 2020 to holders of record on May 26, 2020. ** Arizona’s state Supreme Court upholds the ruling of a lower court that removed a state regulator from the …

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Oklahoma down to only 12 working oil and gas rigs

  Oklahoma is down to only 12 working rigs as the combination of the Coronavirus pandemic and the oil crisis continues hitting the start hard.  The state reported the loss of an additional rig in the past week and its dozen remaining rigs compares to the 103 a year ago. Nationally, Baker Hughes  reported a …

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Unemployment numbers start to fall in Oklahoma

  The number of people filing for unemployment in Oklahoma dropped 65% last week after numbers set a record a week earlier. Among those out of work, more in the energy industry. The U.S. Department of Labor reported Thursday that 32,794 Oklahoma workers filed initial claims for unemployment insurance benefits during the week ending Saturday …

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Firms still want to drill in Oklahoma

  While Oklahoma has only about a dozen or so rigs still active in the state, firms are still wanting to explore for new oil. OVINTIV-Mid-Continent Inc. recently received a permit to drill four wells on a single pad at a site about 10 miles southwest of the city of Kingfisher. They will be the …

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Enable Midstream to be part of virtual conferences

  Enable Midstream Partners, LP announced that members of its senior management are scheduled to meet with investors at the following upcoming virtual investor conferences: MUFG Oil and Gas Conference Monday, May 18, 2020 BofA Securities 2020 Energy Credit Conference Wednesday, June 3, 2020 J.P. Morgan 2020 Energy, Power and Renewables Conference Wednesday, June 17, 2020 The presentation …

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