OK regulators close state office building due to coronavirus

Oklahoma Corporation Commissioners made the move to shut down their office building this week after an employee reportedly became ill due to the coronavirus, a move that also affects a handful of other state agencies that use the building. Located at 2101 North Lincoln Boulevard in Oklahoma City, the building was closed late Friday as …

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Layoffs in oil and gas grow in response to oil glut and coronavirus

Like dominoes falling on a table, oil and gas industry jobs are tumbling—victims of the oil glut caused by Russia and Saudi Arabia and the government’s clampdown due to the coronavirus. Oilfield pipe manufacturer Tenaris announced it has started laying off 900 workers at plants in Pennsylvania, Ohio, Texas and Arkansas because the combination of …

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Oil and gas employment before the pandemic

Jobless rates for most counties in Oklahoma were down in January according to a state agency. But that was January, This is March when the state and the rest of the U.S. are in the middle of the coronavirus pandemic….meaning jobless rates from two months ago are likely to be thrown out the window as …

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Sen. Inhofe says reports are wrong about his stock sales

Oklahoma U.S. Sen. Jim Inhofe responded to reports that he was one for four Senators who made huge stock sales after a Senate Intelligence Committee briefing about the coronavirus by saying it was not true. “The New York Times allegations are completely baseless and 100 percent false. I was not at the briefing on January …

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Williams Cos. to hold annual meeting in April

At last word, Tulsa’s Williams Cos. still planned to hold its 2020 annual meeting of stockholders on April 28 despite the coronavirus pandemic. A proxy statement filed this week with the Securities Exchange Commission stated the meeting will be held at the Williams Resource Center Theater, One Williams Center in Tulsa at 2 p.m. There …

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Reps. Cole and Horn self-quarantine after coronavirus exposure

News that Florida Congressman Mario Diaz-Balart tested positive for COVID-19 prompted Oklahoma U.S. Rep. Tom Cole to go into self-quarantine until March 27. And Rep. Kendra Horn is doing the same after contact with Utah Congressman Ben McAdams.   Cole explained he had been exposed to the coronavirus while visiting with Rep. Diaz-Balart. “On Wednesday …

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Judge throws out suit over forced pooling fight in Colorado

  A federal judge has ruled against a Colorado activist group’s lawsuit that challenged the constitutionality of a state law forcing property owners to allow the development of their oil and gas. U.S. district judge R. Brooke Jackson threw out the 2019 lawsuit filed by the Wildgrass Oil and Gas Committee formed in a subdivision …

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Senators want Commerce Secretary to investigate oil dumping by Russia and Saudi Arabia

U.S. Sen. Jim Inhofe (R-Okla.) led a letter to U.S. Secretary of Commerce Wilbur Ross urging him to investigate excessive dumping of oil by Russia and Saudi Arabia that has destabilized global oil markets. He was joined by Oklahoma U.S. Sen. James Lankford. Others who signed the letter were Sens. Roger Wicker (R-Miss.), Kevin Cramer …

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Gas company wins Federal Appeals court case in Colorado

  A Colorado natural gas producer prevailed Wednesday in an appeal over a class action settlement over royalty agreements, with the Tenth Circuit finding that jurisdiction existed despite an earlier, related state-court settlement. TEP Rocky Mountain LLC settled a lawsuit brought in 2006 in Colorado state court by class representatives Ivo Lindauer, Sidney Lindauer, Ruther …

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Wells are still being completed despite low prices

While oil prices are in the low 20s, oil and gas companies are still drilling and still completing wells in Oklahoma. The latest completion reports showed an amended filing by Marathon Oil Company on a Blaine County well with production of 1,862 barrels of oil a day and 3,410 Mcf of gas. The Hr. Potter …

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