Author's posts
GE in Talks to Merge with Baker Hughes
Whether GE and its new Oklahoma City Oil and Gas Research Center will one day be in partners with Baker Hughes is one thing., But the Wall Street Journal’s Market Watch reports the two are in talks to former a merger—-GE’s oil-and-gas business with the Houston based company. GE is the one that went asking, …
Conoco Took $1 billion Third Quarter Hit
Conoco took a $1 billion third quarter hit but company leaders still contend the firm has momentum entering the 4th quarter. “Our underlying business performance is delivering strong momentum as we had into 2017,” said Ryan Lance, Chairman and CEO. The $1 billion loss was about 9 percent less than a year ago. The company, …
Groups Fighting Proposed Nuclear Waste Storage Site in West Texas
Four national and state groups are fighting a plan to consider a short-term nuclear waste storage site in west Texas. The groups, Beyond Nuclear, Nuclear Information and Resource Service, Public Citizen and Texas-based Sustainable Energy and Economic Development Coalition want the US Nuclear Regulatory Commission to terminate its review of the license application. The application …
Laid-Off Halliburton Workers Eligible for Federal Jobless Help
The State Employment Security Commission says laid-off workers at Halliburton Energy Services Inc. technology Duncan are now eligible for the Trade Act program by the U.S. Department of Labor. The act is meant to provide help to those who lose jobs or significant work hours because of increased imports or a shift in production …
Devon CEO Talks of 4,000 barrel a day Oil Wells in STACK
Wells testing close to 4,000 barrels a day in Oklahoma’s STACK? It’s what Devon Energy CEO Tony Vaughn was talking about Thursday when he delivered an afternoon keynote address at Hart Energy’s DUG Midcontinent convention in Oklahoma City. “A very special position—a very special play,” he told the audience at the Cox Convention Center, explaining …
Ponca Tribal Members Critical of Injection Wells Causing Earthquakes
While the city of Pawnee and the Pawnee Nation prepare to hold an earthquake forum on Saturday, some members of the Ponca Tribe make it clear they firmly blame the energy industry’s wastewater injection wells for causing earthquakes in the region. Especially the 5.8 magnitude early-September quake that turned out to be the strongest ever recorded …
Houston Firm Hits 1,000 Barrel a Day Well in STACK
The latest 1,000 barrel-a-day plus-well to be hit in Oklahoma’s STACK is reported by Houston, Texas based Oklahoma Energy Acquisitions LP. The firm’s completion report, as published Thursday by OK Energy Today, indicated the Lankard well saw production of 1,039 barrels of oil a day along with 3,519 Mcf of gas. The well had an …
Google Fiber Puts OKC Development on Hold
Google’s website still says “We’re exploring bringing Fiber to Oklahoma City.” But it’s clear Google and its parent company Alphabet have stopped development of the super fast network for Oklahoma City and several others around the country. “Going forward we’re focusing on new technology and deployment methods to make superfast internet more abundant than …
Mark Ruffalo is Latest Hollywood Actor to Join Protesters in North Dakota
The Dakota Access Pipeline protest in North Dakota apparently has become the “protest de jour” for Hollywood. Now actor Mark Ruffalo who considers himself an activist has joined the Native Americans and members of the Standing Rock Sioux Tribe’s protest of the nearly $4 billion pipeline under construction. Ruffalo is described as a co-funder of …
Labor Commission to Honor OKC Pizza Company for its Job Creation
Just as oil and gas firms are in the slow movement of creating a few more new jobs in the state, the Oklahoma Labor Department on Friday will honor an Oklahoma City company for its creation of job opportunities. Labor Commissioner Melissa McLawhorn Houston will hand out the newly-named Mark Costello Entrepreneurial Excellence award to …