A recently-completed aerospace study over the Permian Basin in southeast New Mexico will help state oil and gas regulators put more pressure on producers to ease the amount of methane emissions. Some of the companies covered in the study were Oklahoma City-based Devon Energy and XTO Energy. Permian Basin oil and gas regulators and …
An oil and gas operator in the Permian Basin was fined $176,000 by the New Mexico Oil Conservation Division (OCD) for violating its permit by combining oil and gas from separate wells for storage without state approval. Matador Production was served a notice of violation on Monday for the offense the state reported took …
After failing to win a new Tesla Gigafactory, the state of Oklahoma plans to make a new program aimed at targeting the automotive industry. The Oklahoma Commerce Department has launched the Oklahoma Automotive Accelerator Program with hopes of locating automotive companies in the state. The program comes after Tulsa — and by extension the state …
Wichita, Kansas has become the new home to one of the country’s largest publicly-traded drone manufacturers, not the kind that drops enemy-targeting bombs but the smaller kind. AgEagle Aereial Systems, a company that began in a town of less than 2,500 residents in the eastern Kansas city of Neodesha announced it is moving …
EOG Resources reported second quarter 2020 losses of more than $900 million, bigger than expected as oil prices plunged to historic lows earlier in the year because of the COVID-19 pandemic. The Houston, Texas-based company, one with major operations throughout Oklahoma reported a net loss of $909.4 million, or $1.57 per share, for the …
Houston liquified natural gas company Cheniere Energy, the firm with pipeline operations in Oklahoma’s STACK and SCOOP plays turned a second-quarter profit despite an industry downturn that caused dozens of LNG cargoes to be canceled around the world. Cheniere made $197 million during the quarter compared with a $114 million loss during the …
Kansas Gas Service, a division of Oklahoma-based ONE Gas is giving away prizes as part of its efforts to promote National 811 Day. August 11 is the national day and the company is promoting and encouraging anyone to phone 811 before they start a digging project. As the national day says, it only takes …
Campaign contributions show the oil and gas industry heavily supports President Donald Trump over presumptive Democratic Presidential candidate Joe Biden. Data from the Center for Responsive Politics shows oil money has gone to the President’s re-election efforts in the 2020 campaign. According to the data as of August 2020, President Trump has received US$936,155 …
Texas-based Pioneer Natural Resources Company is attempting to raise more money from investors through a new public offering of $1.1 billion in senior notes. The company announced that it has priced a public offering of $1.1 billion of 1.90% Senior Notes that will mature August 15, 2030 pursuant to an effective shelf registration statement …
** TVA reverses course and rehires 102 workers it let go after President Trump complained it was replacing Americans with foreign workers — a misnomer since the number of employees working on H-1B visas is low. ** Talos Energy, a Houston oil and gas company, said it lost $140.6 million during the second quarter. While Targa Resources, a Houston natural gas pipeline …