Oklahoma’s Education Department faces another lawsuit challenging the distribution of motor vehicle tax funds to some school districts. Five school districts allege in a lawsuit that the Oklahoma State Department of Education shortchanged their state funding by hundreds of thousands of dollars because of a miscalculation based on payments from a previous lawsuit. The new …
June 3, 2020 archive
Texan hopes to be top Republican on House Energy Committee
As a member of the U.S. House Energy and Commerce Committee, Oklahoma Republican Rep. Markwayne Mullin might have a new GOP member to look up to in the coming months. Fellow committee member, U.S. Rep. Michael Burgess of Lewisville, Texas has been quietly running a campaign to become the top Republican on the committee. …
Latest wind farm in Texas is in the heart of the state
McCulloch County, Texas, the geographic center of the state is now home to a recently completed 180 MW Heart of Texas Wind Farm. Colorado-based Scout Clean Energy developed, constructed and owns the wind farm. Work on building the farm started last fall. The farm consists of at least 64 wind turbines. The completion of construction …
EOG Resources making rebound plans
EOG Resources Inc., the company with major well operations in Oklahoma is already making plans to rebound with its production and exploration. Known as America’s largest shale-focused producer, EOG said it plans to “accelerate” ouput in the second half after shutting in about a quarter of its crude production in May. EOG’s exploration chief Ken …
$500 million in senior notes offered by WPX Energy
Tulsa’s WPX Energy announced it’s offering cash tender offers to purchase up to $500 million in senior notes. The company said the offering includes its outstanding 8.25% Senior notes due 2023, 6% Senior notes due 2022 and 5.25% Senior notes that are due 2024. The Company will only accept for purchase its 2024 Notes having …
Oklahoma isn’t totally shut down with well completions
More wells are being reported as completed in Oklahoma and among the the latest is a Blaine County well with production of nearly 1,500 barrels of oil a day. Devon Energy Production Co. LP filed the report this week on the Centaur 7_6-15n-10w 4hx even though the well was completed in June 2019. Located at …
ODOT works on priorities for next 25 years
Oklahoma’s Department of Transportation has started planning for its construction projects in the next 25 years and wants to hear from Oklahomans about what they want. The Department is asking for public input regarding the planning for future projects. It wants to know the transportation priorities of Oklahomans whether it includes passenger rail service, bicycle …
Bankruptcy filed by OKC’s Templar Energy
Another oil and gas company has filed Chapter 11 bankruptcy. The action was taken this week by Oklahoma City-based Templar Energy, the firm founded by David Le Norman who is chairman of the Oklahoma Petroleum Alliance. The bankruptcy filing came this week in Delaware and followed an out-of-court restructuring the company did four years …
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