One of the most recent significant producing oil wells was reported this week in Oklahoma’s STACK play by Devon Energy Production Co. LP. The Everett 12_1-15n-11w 2hx had production of 1,578 barrels of oil a day in addition to 3,315 Mcf of natural gas. The well is located at 12 15N 11W or about 6 …
The man who was behind Bayer’s $63 billion takeover of U.S. based Monsanto plans to step down in April, even as his company struggles with countless lawsuits filed over the weedkiller Roundup. Some of those lawsuits were filed by Oklahomans who contend their use of Roundup led to the cancer they suffer. Werner Wenning announced …
After reporting a fourth quarter loss that was slightly better than expected by analysts, Oklahoma City’s Chesapeake Energy Corp. saw its shares plunge 13.3% toward a record low in morning trading on Tuesday. The major tumble came after Chief Executive Doug Lawler revealed plans were being laid for a reverse stock split in what to …
The head of Schlumberger is predicting we have seen the last of the crazy rate of production in U.S.shale. And that includes Oklahoma. It’s the claim of CEO Olivier Le Peuch, the man who runs the worldwide company with exploration and production offices throughout Oklahoma where some of that “crazy” oil production has occurred over …
OEC Fiber dubbed the City of Noble an official “Gig City” as elected officials celebrated, including Congressman Tom Cole, Oklahoma Secretary of Digital Transformation and Administration, David Ostrowe, Senator Mary Boren and Representative Jacob Rosecrants. “I know a lot of people talk and advertise they’re a gig city, but Noble truly is a gig …
It would appear a bill aimed at prohibiting utility companies from increasing rates on solar customers might not make a Thursday committee deadline in the Oklahoma legislature. HB 3865 by Rep. Denise Brewer, a Democrat representing District 71 in Tulsa has yet to get a vote in the House Energy and Natural Resource Committee. Thursday …
Oklahoma Corporation Commissioners will hold a regular meeting Wednesday at the State Capitol. The 9:30 a.m. meeting in the Jim Thorpe building will include a signing agenda. Click here to view the agenda.
Until the Army Corps of Engineers moves in dredging machines, commercial navigation along the McClellan-Kerr Arkansas River Navigation System in eastern Oklahoma will be restricted. The Tulsa World reported that Tulsa Port of Catoosa Director David Yarbrough indicated the navigation will remain limited by tow size and also face Commercial navigation along the McClellan-Kerr Arkansas …
The Southwest Power Pool, of which Oklahoma is a part filed a request last week with regulators requesting a tariff for rates, terms and services for the Pool’s Western Energy Imbalance Services market. The SPP hopes to launch the market in a year and has signed up seven utilities to be a part of it. …
A sulfuric acid spill shut down a highway for several hours near Little Rock, Arkansas early Tuesday. The Arkansas Department of Emergency Management said 2,600 gallons of the acid spilled when an 18-wheeler was hit by another vehicle and the tanker broke apart on Highway 67 near the town of Austin located northeast of Little …