In a fireside chat with OU President Joseph Harroz Jr., billionaire oilman and the founder of Continental Resources, Harold Hamm will reflect on his new book, Game Changer: Our 50-Year Mission to Secure America’s Energy Independence, which outlines his 50-year journey to helping restore America as an energy superpower. Copies of the book will …
August 2023 archive
Cherokee Film Office to build second soundstage in Owasso
Cherokee Nation and its businesses will observe the expansion of Cherokee Film Studios in Owasso. Details regarding the tribe’s second soundstage will be shared during a groundbreaking ceremony at 10 a.m. on Wednesday, Aug. 30. Cherokee Film Studios, Owasso Campus, is the first of its kind in Oklahoma and Indian Country, including a state-of-the-art …
Ground broken for new Dougherty Forestry plant at El Reno
Oklahoma’s Dougherty Forestry Manufacturing broke ground recently for a new manufacturing plant near El Reno. The 28,000-square-foot facility will house manufacturing equipment for Dougherty’s equipment used in land and forest management. The company stated it plans to hire 20 to 30 workers to help in the manufacture of tree cutting and clearing equipment such …
ONEOK finalizes sale of notes to finance Magellan Midstream merger
ONEOK, Inc. says it has completed its previously announced underwritten public offering of nearly $5.2 billion in notes to finance its merger with Magellan Midstream Partners, L.P. of Tulsa. The sale included $750 million of 5.550% notes due 2026, $750 million of 5.650% notes due 2028, $500 million of its 5.800% notes due 2030, …
Oil and gas operators convince court to stop temporary nuclear waste storage site in West Texas
West Texas oil and gas interests were successful in stopping a temporary nuclear waste storage facility. Their victory came when the three-judge panel of the New Orleans-based 5th U.S. Circuit Court of Appeals canceled a license granted in 2021 by the U.S. Nuclear Regulatory Commission. The Court determined the NRC lacked the authority under …
Halliburton loses patent fight over its e-frac technology
Halliburton came up on the losing-end of a jury decision in Waco, Texas in a patent battle. A federal jury decided a unit of rival oilfield services company ProFrac did not infringe on Halliburton’s electric-fracking patents. Instead, the jury ruled that ProFerac’s U.S. Well Services “Clean Fleet” technology did not work the same way …
Canoo could collect up to $110 million in state incentives over the next decade
EV startup Canoo has not turned a profit yet the company has commanded headlines in Oklahoma for its potential of receiving more than $100 million in incentives and tax breaks from the state and Oklahoma City. So far, the manufacturer has not collected any state money because the funding is based on Canoo meeting …
Quick reads
** An Idaho company that sold tens of thousands of emissions defeating devices on diesel trucks has been fined $1 million by the EPA. GDP Tuning and Gorilla Performance pleaded guilty and agreed to pay the fine. ** According to a survey of 5,000 Tesla Model 3 owners, the top reason that they are selling …
Pry That Plastic Bag From My Cold, Dead Hands
From light bulbs to gas stoves and electric cars. One man in Wyoming complains now they want to do away with plastic bags, but he writes they’ll have to pry them from his cold, dead hands. Click here for Cowboy State Daily
Court ruling against Grainbelt Transmission Line project applies only in Illinois
An explanation and correction about our story last week regarding an Illinois court ruling that halted construction of the Grainbelt Express Transmission Line in Illinois. The5th Appellate Court of Illinois issued a recent ruling that said the Grain Belt Express Transmission Line cannot move forward in Illinois. The ruling does not apply to the …