Houston-based Cabot Oil and Gas wants a federal judge in Pennsylvania to throw out a $4.24 million jury verdict that the company’s fracking operations contaminated well water for two families in the state. The verdict came down in early March and…
Category: General
Oklahoma Farmer to Testify Before U.S. Senate Committee Exploring Impact of EPA Regulations
A subcommittee of the U.S. Senate Environment and Public Works Committee will take testimony Tuesday from Oklahoma Farm Bureau President Tom Buchanan and others as it explores the impact of new rules from the Environmental Protection Agency.
Buc…
Keystone Pipeline Back On Following Oil Leak
Oil is flowing again through the Keystone Pipeline, a week after 16,000 gallons of Canadian crude leaked into a South Dakota field. TransCanada Corp. began a controlled re-start Sunday after receiving approval from the Pipeline and Hazardous Materials …
Nearly $1 billion Sale of WPX Subsidiary is Announced
A $910 million sale of a Colorado subsidiary of Tulsa-based WPX Energy was announced by the company. The sale of WPX Energy Rocky Mountain LLC was to Terra Energy Partners LLC and boosts the liquidity of WPX, improving its capital efficiency and …
PSO To Build New Service Center in Weatherford
Public Service Company plans to begin work soon on a new $2.5 million service center in Weatherford, replacing the current 4,500 square foot building that was built in 1989.
The company said the existing building at 222 W. Tom Stafford is overcrowded,…
Williams Wins FERC Approval for Controversial New Jersey Pipeline
Tulsa-based Williams Co. received approval this week from federal regulators to move forward with a $116 million natural gas expansion project that faces opposition in New Jersey. The Federal Energy Regulatory Commission voted to give the company…
Enable to Release Quarterly Financial Results
Oklahoma City-based Enable Midstream Partners, LP plans to release its first-quarter 2016 financial results before market hours on Wednesday, May 4. It will also host a conference call the same day at 10 a.m. to discuss the results.
Enable opera…
Nearly 500 Coal Miners Laid Off in Wyoming
Nearly 465 coal miners have been laid off at two of the largest mines in northeast Wyoming and operators blame declining prices and less demand for coal.
Peabody Energy announced it was laying off 235 workers at the North Antelope Rochelle Mine while …
Former Employee Accused of Stealing Data from Continental Resources
Continental Resources has gone to court, filing a lawsuit against former employee, Levi Pack, a geologist accused of uploading company data and creating a program to give him remote access to Continental data on his cell phone.
The suit was file…
Moody’s Downgrades OKC’s Chaparral Energy
For a second time in the past year, Chaparral Energy, Inc. in Oklahoma City has been downgraded by Moody’s Investors Service. The Probability of Default Rating was dropped from Ca-PD to C-PD/LD and its Corporate Family Rating went from Ca to C wh…