The data-tracking company, Enverus Rig Analytics reported the US rig count jumped by 16 in the past week to 509 as of April 7 including an increase in Oklahoma. The company said the count grew by 9% in the last month but remains 17% below the count from a year ago. In the …
The Grand River Dam Authority in northeast Oklahoma recently expanded its holdings with the $1.2 million purchase of the Honey Creek Resort and Motel on Grand Lake. The purchase included more than four acres of land as well as the motel reported the Tulsa World. Click here for the Tulsa World story.
The Petroleum Storage Tank Division of the Oklahoma Corporation Commission plans an April 13 Virtual Summer Planning meeting to discuss its first Industry Roundtable meeting in the summer. The PSTD typically conducts a review of its rules to determine the necessity of conducting a formal rulemaking the following fall through spring. The division said …
Compass Minerals based in Overland Park, Kansas announced the sale of some of its salt mines and assets to Koch Agronomic Services LLC in a deal worth more than $60 million. Considered a leading global provider of essential minerals, Compass sold three salt mines in North American and the U.K., some production and packing …
Coming off a $35 million net loss in the fourth quarter of 2020, Houston-based Nine Energy Service plans to release its first quarter earnings report in early May. The firm, with operations in Oklahoma will release the report on May 6 and hold an earnings conference call at 9 a.m. Central Time. The fourth …
In the Bakken of North Dakota, a play where some Oklahoma energy firms have significant investments and operations, the Hess Corporation announced the $312 million sale of some of its interests. Hess is divesting its Little Knife and Murphy Creek acreage to Enerplus Corporation. The sale consists of nearly 78,700 net acres located in …
England Mayor Butch House (center) talks with Delta Solar CEO Bob East (left) and Tyler Wilson, also of Delta Solar, after the ceremonial groundbreaking Wednesday on the city’s new solar array. (Arkansas Democrat-Gazette/Thomas Metthe) Instead of entering into a power-purchase agreement to get electrical power from a solar operation, the city of England in northwest …
Continental Resources announced its annual shareholders meeting will be held Thursday, May 20. In a proxy filing with the Securities and Exchange Commission, the company said shareholders will be asked to vote on the election of members to the Board of Directors, the ratification of independent auditors and the compensation of the firm’s named …
** Saudi Arabia’s energy giant, Aramco is in advanced talks to sell up to a 49% stake in its oil pipelines to a consortium of U.S., Chinese and local investors for between $10 billion and $15 billion, according to people familiar with the matter. ** Two House Republicans are demanding that the Environmental Protection Agency provide records …
Like utilities across Oklahoma and Texas that are dealing with historic high natural gas costs from the February winter storm, a utility in Nebraska is dealing with $80 million in natural gas costs. Black Hills Energy customers in the state could be hit with significant rate hikes to pay for the costs of the …