New leadership is coming to Tulsa’s Unit Corporation as Larry D. Pinkston has retired as Chief Executive Officer and President. He will be replaced by David T. Merrill effective April 1, 2020. Pinkston, who joined the company in 1981 and became Chief Financial Officer in 1989, will remain on Unit’s Board of Directors. His retirement …
Cimarex announces cleaner environment efforts
Denver-based Cimarex Energy Co., a firm with exploration operations in western Oklahoma is linking executive pay to the reduction of natural gas flaring and of air emissions. The board of directors of Cimarex Energy also set 2020 targets for such reductions saying the industry needs more environmental credibility. The targets include an increase in …
No letup in oil exploration in Oklahoma’s STACK play
Canadian and Kingfisher Counties in Oklahoma’s STACK will see increased drilling activity as the Oklahoma Corporation Commission has approved more oil and gas drilling permits. Chaparral Energy received two permits to drill a mile south of El Reno along highway US 81. The company received two more drilling permits for a single site three …
Energy consultant Mike Cantrell’s become an author—wants to share advice
Oil and energy consultant Mike Cantrell has decided it’s time to share the knowledge he gained over 45 years in the energy industry. He is releasing his first book, “ADVANCE: How to Take Your Business, Brand and Your Life to the Highest Level.” “In ADVANCE, businessman, entrepreneur, oilman, and consultant Cantrell provides real-world examples from …
No slowdown for Chesapeake Energy in South Texas
Oklahoma City’s Chesapeake Energy continues to be active in drilling exploration in South Texas as it recently obtained seven permits to drill from state regulators. The Texas Railroad Commission approved permits to Chesapeake to drill in three separate counties. Four of the permits allowed Chesapeake to drill in Webb County where Laredo is the county …
State regulators seek suspension of True Wireless over alleged Lifeline fraud
Oklahoma regulators are accusing a Tennessee-based wireless company of illegally subscribing federal Lifeline phone customers outside its service territory in Oklahoma and violating a four year agreement made over similar allegations. The Oklahoma Corporation Commission’s Public Utility Division wants True Wireless LLC, based in Bartlett, Tennessee and with operations in eastern Oklahoma, held in …
Rig counts increase in Oklahoma and US
The latest numbers from Baker Hughes Company indicate oil and gas rig counts increased n Oklahoma and the rest of the U.S. in the past week. Oklahoma’s count grew by one to 51, a far cry from the 117 active rigs reported a year ago. Nationally, the count grew by one to 791 including …
New Mexico legislators restore solar tax credit…Governor says she’ll sign it
Four years after New Mexico’s solar energy tax credit faded away, state legislators have voted to restore it and Gov. Michelle Lujan Grisham says she’ll sign it back into law. Supporters say it could create thousands of jobs according to the Carlsbad Current Argus. Senate Bill 29, known as the Solar Market Development Income Tax …
Energy news in brief
** Brazil’s oil production jumped by 20.4 percent on the year to set a new production record of 3.168 million barrels per day (bpd) in January, thanks to the prolific pre-salt basin, oil regulator ANP said on Wednesday. ** Chicago has made strides to become a more bike-friendly city, but bicycling remains unsafe and impractical in many minority neighborhoods, bicycle riders …
Pig poop gas power grows in Missouri
Those “manure-to-energy” projects are growing as witnessed in Missouri where two companies have teamed up to convert pig poop methane into renewable natural gas. The $45 million investment was announced by Monarch Bioenergy which according to the St. Louis Post-Dispatch is a joint venture of giant pork producer Smithfield Foods and St. Louise-based Roeslein …









