Fight brews over proposed wastewater disposal well near Okarche

Some Canadian County  residents are fighting a proposed wastewater disposal well near their homes.  They’re asking the Oklahoma Corporation Commission to deny the request by H2OK, LLC of Marble Falls, Texas. The residents live along Banner Road and state highway 3 southeast of Okarche and were recently notified of the proposed well by a law …

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Whirlpool expands in Tulsa creating 150 new jobs

Another 150 new jobs are coming to Tulsa with Whirlpool Corp.’s announcement of a $55 million expansion of its distribution center. The new Factory Distribution Center will involve construction of nearly 800,000 square feet and work will begin in mid-November with completion set for December 2019. “This new facility will help us streamline operations, from …

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Drilling success continues for Devon in Oklahoma’s STACK play

  Devon Energy finds even more success in Oklahoma’s STACK play, reporting at least three new wells, each producing more than a thousand barrels of oil a day. It had two successful wells in Blaine County. The Horsefly 13_24-15n-10w 4hx, located at 13 15N 10W, had production of 1,1178 Boed along with 3,175 Mcf of …

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Mustang electric cooperative fights OGE to protect service area

The Oklahoma Corporation Commission is being asked by a rural electric cooperative to stop OGE from offering service within its service area. CKenergy, based in Mustang contends OGE has offered electric service to the OneOK Inc. Binger II Pump station which is in CKenergy’s certified territory. It learned in June that the new Binger II …

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Small quake hits Southwest Kansas

The string of weak earthquakes in Oklahoma and Kansas moved to southwest Kansas on Tuesday. A 2.8 magnitude quake was recorded at 9:55 a.m. near the community of Kingsdown, Kansas along highway US 54. The community is west of the town of Bucklin and about 22 miles southeast of Dodge City. The U.S. Geological Survey …

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Big jump in net income for Continental Resources

  A huge jump in net income was reported by Oklahoma City-based Continental Resources for the third quarter of 2018. The company indicated it soared from $10.6 million in the third quarter of 2017 to $314 million in the third quarter of 2018. Total revenues for the quarter were $1.28 billion and company leaders don’t …

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20% increase in earnings for coal company based in Tulsa

  Coal mining’s Alliance Resource Partners, L.P of Tulsa announced a more than 20 percent in earnings for the third quarter of 2018 compared to a year ago.  Alliance is the second largest coal producer in the eastern part of the U.S. with eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. …

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Enable Midstream Partners to release 3Q results next week

Oklahoma City pipeline operator Enable Midstream Partners plans to release its third quarter 2018 earnings report on Wednesday, Nov. 7, 2018. The firm will make known the report before the open of market then hold a conference call at 7 a.m. Oklahoma time. Figures will pertain to Enable’s 13,300 miles of natural gas and crude …

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Holly Energy reports increased 3Q earnings

Holly Energy Partners, L.P. the Dallas firm with a refinery in Tulsa announced increased third quarter earnings of $45 million or 43 cents a share.  The earnings were up from the $42.1 million and 66 cents a share reported in the third quarter of 2017. The distributable cash flow was $66.6 million for quarter which …

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Chesapeake announces $4 billion purchase of Houston firm while it finalizes $2 billion sale of Utica shale holdings

Just as Oklahoma City’s Chesapeake Energy announced it has completed the nearly $2 billion sale of its nearly 1,500,000 acres and holdings in the Utica Shale operating area of Ohio to Houston’s Encino Acquisition Partners, it’s announced the nearly $4 billion purchase of a Houston exploration company. Chesapeake said it’s entered into an agreement to …

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