Gasoline prices continue their slump in Oklahoma

With nationwide gasoline prices at their lowest levels in two years, Oklahoma prices are down as well and among some of the cheapest prices in the country. The nationwide average on Monday was $2.37 per gallon. AAA Oklahoma reports the statewide average is $1.90, down two cents from a week ago and 18 cents from …

Continue reading »

New 2019 Wildlife Atlas sold by State Wildlife Department

  A new version of the Oklahoma Wildlife Management Area Atlas is now available through the Oklahoma Department of Wildlife Conservation. The new atlas offers a page-by-page guide to the state’s public hunting lands and Department public fishing lakes. It also features topographical maps of nearly every Department-managed public use area in the state. The …

Continue reading »

New Mexico Governor sets stage for oil and gas fight

  A political and environmental fight over an anticipated jump in the number of oil and gas wells in New Mexico’s San Juan Basin is coming to a head as the incoming administration of the state’s new Democratic governor is attempting to reverse the situation. Shortly after Gov. Michelle Lujuan Grisham, a Democrat, was sworn …

Continue reading »

Boil Order issued for SE Oklahoma water district

State environmental regulators have issued a Boil Order for a southeast Oklahoma water district because of a water line break. Word came from the State Department of Environmental Quality and applies to the Sardis Lake Water Authority. It is located in Pushmataha County and the DEQ  informed residents and users of the drinking water to use …

Continue reading »

ONEOK Chairman sells $4 million in company shares

ONEOK’s Chairman of the Board John Gibson just made a tidy $4 million off the sale of some of the shares he has in the Tulsa-based company. The sale was revealed in a filing by ONEOK with the Securities Exchange Commission. Gibson disposed of 75,000 shares, each valued at $54.89 giving him a total of …

Continue reading »

Chesapeake extends contract with CEO Lawler while more directors buy up shares

In a handful of new filings with the U.S. Securities Exchange Commission, Oklahoma City-based Chesapeake Energy announced an amended employment agreement with President and CEO Robert D. Lawler. In effect, the Dec. 31, 2018 agreement extended the term of his existing agreement dated May 20, 2013 until Dec. 31, 2021. His minimum base salary will …

Continue reading »

Oklahoma holds steady while national rig count drops amid lower oil prices

The continuation of falling oil prices no doubt affected the number of oil and gas drillers across the U.S. as reflected by the number of active rigs reported this week. While the U.S. slumped by 8 rigs to 1,075, the number in Oklahoma remained at 140.  Nationally, there were 8 fewer oil rigs, dropping to …

Continue reading »

Slowdown in energy growth found by Dallas Federal Reserve Bank

Some of the oil and gas states covered by the Dallas Federal Reserve Bank have seen a slow down in energy sector activity in the fourth quarter of 2018. The Dallas fed Energy Survey called it a significant slowdown in growth. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—remained …

Continue reading »

Williams gets FERC approval for second large LNG pipeline serving the Texas coast

The final nod of approval from the US Federal Energy Regulatory Commission has come for Williams to start full service on its Gulf Connector Expansion Project to feed two LNG export terminals on the Texas coast. The two terminals are Cheniere Energy’s Corpus Christi operation on the coast and Freeport LNG. The Connector is the …

Continue reading »

OU meteorologist confirmed as President Trump’s science adviser

University of Oklahoma meteorologist Kelvin Droegemeier finally won approval this week from the U.S. Senate to be the top science adviser to President Donald Trump. His confirmation came on a voice vote in the Senate. He had been nominated Aug.1 to head the Office of Science and Technology Policy. Droegemeier will be President Trump’s first …

Continue reading »