They’re called superload transports….the hauling of heavy equipment needed for the upgrade of the OG&E power plant at Harrah. The equipment is so large and so heavy that Oklahoma County officials became involved because of bridge limits. There will be at least six such loads being moved 29 miles at a slow rate, …
The nation’s oil and gas producers cut their active rigs in the past week, falling to the lowest count since January reported Baker Hughes Co. on Friday. But activity remained steady in Oklahoma. The count fell by six to 578 in the week to May 9 and puts the total count down 25 …
ONE Gas, Inc. is planning to make a public offering of 2,500,000 shares of its common stock. In connection with the offering, ONE Gas intends to enter into a forward sale agreement with JPMorgan Chase Bank, National Association, referred to in such capacity as the forward purchaser. In connection with the forward sale agreement, …
It took nearly two years but Philadelphia-based WhiteHawk Income Corporation has finally succeeded in acquiring Fort Worth-based PHX Minerals Inc. and as a result will have more than 10,000 operating wells across the U.S. In an all-cash deal involving WhiteHawk offering $4.35 per share and worth a total value of approximately $187 million, it …
When it comes to falling crude oil prices, the break-even point is becoming more and more critical to many oil and gas producers. But what is the break-even point? $60? $65? Or even higher? It depends where the oil and gas exploration is taking place, as pointed out in a recent article …
Helmerich & Payne reported second quarter earnings of 2 cents a share and missed the 65 cents a share estimated by analysts. A year ago, the Tulsa firm’s earnings were 86 cents a share a year. It means the company per share earnings were down nearly 97%. Still, Helmerich & Payne posted revenues of …
Crude oil prices gained about 2% on Friday and Oklahoma energy stocks recorded positive gains as well. It was the first weekly gain for crude oil since the middle of April and came about as a US trade deal with the United Kingdom produced optimism about investors. Both Brent and WTI finished up …
Greenhouses for 3rd graders at Oologah Upper Elementary, a weather lab at Ketchum Middle School, and racing drones for Bixby High School students are just some of the projects funded by 2025 AEP Teacher Vision Grants, Public Service Company of Oklahoma (PSO) announced. The 24 American Electric Power (AEP) Teacher Vision grants …
** Texas lawmakers approve legislation to require nearly every solar and wind farm in the state to back up their energy production with gas-fired power plants or batteries or face a steep fine, potentially shutting down thousands of megawatts of existing projects. ** Duke Energy blames a slithering snake for causing the May 5 power …
Congressmen from Kansas and Texas, claiming a threatened lizard is threatening the U.S. oil and gas industry in the Permian Basin, have filed a measure to reverse the federal endangered species status given the animal by the Biden administration. Rep. August Pfluger (R-TX) and Rep. Tracey Mann (R-KS) filed their Limiting Incredulous Zealots …
