Headquartered in Florida, AllClear Aerospace & Defense announced the opening of its new sales office located in Oklahoma City, OK. With operations in Abu Dhabi, United Arab Emirates, Camarillo, CA; Chatsworth, CA; Greenville, SC; Macon, GA; Miramar, FL; Seoul, S. Korea; Singapore, South San Francisco, CA; and Tokyo, Japan, the company’s Oklahoma office is …
August 2022 archive
Civeo repurchases $11 million in shares
Canadian-based Civeo Corporation, the man-camp operator with a facility in Oklahoma, announced the repurchase of nearly $11 million in common shares from a shareholder. The deal involves 375,000 common shares representing 2.6% of the fully-diluted common shares outstanding. “Today’s announcement reflects our confidence in Civeo’s business outlook, and this transaction provides an opportunity to …
No lack of other energy headlines
** Some Alaska environmental advocates say the proposed congressional climate bill “causes more harm than good” by requiring oil and gas leasing and incentivizing critical mineral mining. ** Analysts are skeptical of the U.S. mining industry’s ability to produce enough electric vehicle battery minerals to meet deadlines in the proposed congressional climate bill. ** A company proposes using abandoned oil wells to explore …
Act critics say it won’t help reduce inflation and won’t help country’s long-term energy needs
While Democrats and the White House are celebrating their passage of the Inflation Reduction Act, one opposed by every one of Oklahoma’s U.S. Representatives and Senators, the impact on the state’s oil and gas industry and across the U.S. is coming. All it takes is for President Biden to sign it into law. As …
Oil and gas exploration leads to new wells in Oklahoma
From Kingfisher to Garvin to Carter County in Oklahoma, several large producers have been reported by energy companies. Continental Resources Inc. completed a Carter County well with production of 1,099 barrels of oil a day and 160 Mcf of natural gas. Drilled at 6 2S 3W, four miles southwest of Ratliff City, the Catskills 1-1-12xhm was …
Brigham Minerals might merge after sale of Oklahoma assets
After Brigham Minerals acquired holdings in Oklahoma in February, then disposing of it in recent weeks, the Austin-based company is reported to be exploring options that include a sale or even a merger. But Brigham CEO Rob Roosa isn’t discussing it, telling those attending an earnings call he wouldn’t comment on “rumors or speculation.” …
ONEOK names Senior V-P for Communications
ONEOK Inc. announced the appointment of J. Darren Wallis as the company’s Senior Vice President of Communications and Community Relations. The announcement said Wallis will report directly to ONEOK President and Executive Officer Pierce H. Norton II. Before Joining ONEOK, Wallis was vice president of communications for the North American Region of Crop Science, …
Oklahoma Energy Secretary resigns after 4 years
Governor Kevin Stitt on Monday plans to announce his selection for a new Oklahoma Secretary of Energy and Environment after Ken Wagner said he plans to leave the office effective September 3. The governor announced Wagner’s resignation on Friday and said he would have a new appointment by Monday. “Ken has been an invaluable …
Wyoming pipeline break spills diesel fuel
In eastern Wyoming, cleanup work is still underway from a late-July diesel pipeline break that resulted in more than 45,000 gallons of fuel spilled onto the land. The Associated Press reports the line is owned by a company that is being sued by federal prosecutors over previous spills in two other states. Click here …
BLM pauses Colorado oil and gas leases to protect grouse
In order to protect an endangered species of sage grouse in southwestern Colorado, the government is pausing oil and gas leasing on more than 2 million acres of public land. Reuters reported the decision by the Bureau of Land Management came after environmental groups claimed the current management plan failed to consider climate impacts. …
