The nation’s only company that creates nuclear fuel for commercial nuclear power plants has been fined $70,000 for violations at its uranium enrichment operation in New Mexico. The Nuclear Regulatory Commission based the penalty on two safety violations found in 2022, stating that they were serious enough to warrant the fine against Urenco. The …
April 2023 archive
PSO joins forces to end food deserts in Tulsa
With the help of Public Service Company of Oklahoma, an American Electric Power (Nasdaq: AEP) company, and EPRI, Food On The Move is using emerging technology to battle Tulsa’s food deserts. A PSO/EPRI container garden used by Food On The Move takes advantage of LED technology, high-efficiency HVAC and recirculating water pumps to grow …
New wells reported in northern and eastern Oklahoma
Some of the most recent oil and gas well completions in Oklahoma were n Ellis and Okfuskee Counties. A completion report filed this week by Duncan Oil Properties Inc. of Oklahoma City was on an Ellis County well that produced 425 barrels of oil a day and 1,238 Mcf of natural gas from the …
ONEOK to release 1Q earnings report in May
ONEOK Inc. plans to release its first quarter 2023 earnings on May 2. Investors will learn if the company will improve on its 28% increase in net income in the fourth quarter of 2022 when it reached $484.9n million or $1.08 per diluted share. The company announced the release will come after the market …
Vital Energy finalizes Midland Basin acquisition
Vital Energy Inc. of Tulsa wrapped up its $215 million acquisition this week of assets in the southern Midland basin of Texas. The company, formerly known as Laredo Petroleum Inc. finalized its purchase of 16,500 gross acres from Driftwood Energy Operating LLC. Under the deal, Driftwood received nearly 1.58 million shares of Vital common …
ODOT launches “Make it Home Safe” work zone safety awareness campaign
Oklahoma’s two biggest transportation agencies launched a new work zone safety awareness program meant to reduce the number of traffic fatalities and injuries to state workers on highways. “Make it Home Safe; Make Oklahoma Safe” is the effort created by the Oklahoma Department of Transportation and the Oklahoma Turnpike Authority. Both are encouraging motorists to …
Rep. Cole says numbers don’t lie in revealing problems with Biden’s Green Energy policies
In promoting the Republican Lower Energy Costs Act and fighting President Biden’s green energy policies, Oklahoma Congressman Tom Cole says just look at the numbers. They don’t lie. “They show Americans are struggling,” declared the GOP Representative in his latest column to voters. “No one should have to choose between putting food on the …
Canadian firm reports discovery of high lithium levels in east Texas well
A Canadian company that plans to use brine from the Smackover Formation and create lithium battery products in southern Arkansas announced recently it found the highest confirmed levels of the element ever found in North American brine. The discovery was in an east Texas well according to Standard Lithium Ltd which recently began drilling …
Federal judge sides with ConocoPhillips in its Alaskan Arctic drilling venture
ConocoPhillips said it would begin work “immediately” on its $7 billion Willow project in Alaska’s Arctic after a federal judge on Monday ruled against environmentalists who tried to stop the drilling effort. Reuters reported U.S. District Judge Sharon Gleason in Anchorage had been asked by environmental groups and a Native American community in two lawsuits filed …
Government’s endangered listing of eastern Oklahoma bat fought by Sen. Mullin and others
Oklahoma U.S. Sen. Markwayne Mullin believes the Biden administration is again guilty of overreaching in its listing of an eastern Oklahoma bat as endangered under the Endangered Species Act. He and a handful of others in Congress filed a Congressional Review Act resolution disapproving of the move to protect the northern long-eared bat which …
