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Oklahoma oil experiences in Venezuela
Some Oklahoma oil and gas firms have had their share of experiences with the Venezuelan regimes that ran the country’s oil industry. They have not been good. Executives at Helmerich & Payne in Tulsa experienced the tough-handed decisions going back to a 2007 agreement in which the company agreed to supply its drilling rigs …
Scott Mitchell talks energy with Jerry Bohnen—the latest house cleaning at the Corporation Commission
https://www.facebook.com/reel/1576359276700637 Eyebrow-raising personnel changes at the Oklahoma Corporation Commission. It’s what Scott Mitchell and Jerry Bohnen discuss on the latest Scott Mitchell talks energy with Jerry Bohnen podcast. First there was the firing of Brandy Wreath followed this week by the termination of Trey Davis as Chief of Communications. What’s behind the housecleaning?
New Mexico Sues Oil Firms Over Abandoned Well Cleanup Costs
New Mexico Sues Oil Operators Over Abandoned Well Cleanup Costs Attorney General Targets Alleged Shell Company Scheme New Mexico Attorney General Raúl Torrez has filed a lawsuit aimed at forcing oil and gas operators to pay for cleanup and plugging of aging wells, accusing a group of executives and companies of deliberately shifting environmental liabilities …
Oklahoma Corporation Commission terminates another top-level officer
The house-cleaning by the Oklahoma Corporation Commission swept another employee out the door this week, just less than a week after the commissioners fired Director of Administration Brandy Wreath. On Monday, Trey Davis, Chief of Communications and Operations Officer, was also terminated from his position at the commission. No formal announcement was made and …
Energy briefs
** A defiant Nicolás Maduro declared himself “the president of my country” as he protested his capture and pleaded not guilty on Monday to the federal drug trafficking charges that the Trump administration used to justify removing him from power in Venezuela. ** Vistra Corp. says it’s buying Cogentrix Energy in a deal estimated at …
Baker Hughes ends joint venture with Cactus
Baker Hughes announced Friday the final closing of its previously announced joint venture with a subsidiary of Cactus, Inc., in which Baker Hughes has contributed its surface pressure control product line. Cactus, a global manufacturer and service provider of pressure control equipment for oil and gas drilling, completion and production, holds a 65% equity in the joint venture, …
Evergy transmission line in Kansas and Oklahoma to send power to Missouri
Kansas and Missouri power provider Evergy is planning to build a power transmission line across the land of hundreds of Kansas landowners to send electricity to Oklahoma and Missouri. A report from the Topeka Capital Journal indicated the line will start near Wichita at a major connection point for wind generated power and stretch …
Crude oil up $1 a barrel following capture of Venezuelan leader Maduro
The first public trading of crude oil following the weekend capture of Venezuelan dictator Nicolas Maduro by U.S. troops prompted a $1 a barrel gain for crude oil prices. But natural gas dropped nearly 10% and Oklahoma energy stocks recorded mostly losses for the day. Investors considered the impact of Maduro’s capture as leader of …
Logistics behind abandonment of nickel refinery project in Lawton
A recent report in the Southwest Ledger offered an explanation why Westwin Elements made the decision against construction of a large-scale commercial nickel refinery in Lawton. The company had announced earlier in December its decision. But now a further explanation came from Richard Rogalski, executive director of the Lawton Economic Development Authority who said the …
Appeals court revives Custer County water rights lawsuit
Appeals court revives Custer County water rights lawsuit Judges send dispute back to Oklahoma County District Court The Oklahoma Court of Civil Appeals has revived a long-running Custer County water rights dispute, ordering a lawsuit involving the Oklahoma Water Resources Board and two landowners to be returned to Oklahoma County District Court for further proceedings. …