A company drilling at the north edge of Oklahoma City reports three sister wells with combined production of more than 1,100 barrels of oil a day. The same month that Oklahoma City-based Revolution Resources LLC is expected to close on its $201.5 million acquisition of Jones Energy II, Inc. based in Austin, Texas, the firm …
Two Oklahoma oil and gas industry leaders were on hand at the White House Wednesday as President Donald Trump signed the first stage of a U.S.-China agreement,one that signifies a truce in the long-running trade war between Washington and Beijing. Devon Energy’s Chairman emeritus and company co-founder Larry Nichols joined Continental Resources Inc. founder Harold …
Former Phillips 66 executive Lawrence Niemba is now a member of the Plains All American Pipeline and Plains GP Holdings board. His appointment came following his retirement from Phillips 66 in 2017 where he had been executive vice president, refining and executive committee member. Before that, he held various downstream positions with ConocoPhillips, including as …
A Purcell oil and gas drilling contractor that once stunned U.S. energy analysts and others by landing a massive drilling contract with Venezuela in 2016 has closed its operations. Horizontal Well Drillers had reportedly won $1.29 billion in contracts with Venezuela’s national oil company, PDVSA to drill horizontal wells in the country’s Orinoco Belt region. …
** The Trump administration on Wednesday announced the authorization of a roughly 3,000-acre solar farm near Palm Springs, California, after developers scaled back its size to help avoid threatened desert tortoises and cultural artifacts. First Solar Inc.’s 450-megawatt Desert Quartzite project in eastern Riverside County has been praised by some environmentalists for its careful design on lands …
Motorists in Oklahoma City are being warned that part of I-235 will be closed later this month to allow construction of a new bridge over the interstate. The Oklahoma Department of Transportation plans to close a stretch of the interstate between N 50 Street and N 63 Street beginning the weekend of Jan. 24. North …
How many times have you Googled a possible item to purchase, only to start seeing advertisements popping up on your email list of that very item? Now one Oklahoma legislator wants an end to the practice. State Rep. Collin Walke (D-OKC) filed legislation this session to protect email users’ data from being collected by corporations. …
Sixteen states are fighting the Trump administration’s plan to allow liquefied natural gas to be shipped by rail, arguing it lacks essential safeguards and exposes communities to the risk of lethal fires and explosions. The highly flammable substance known as LNG is now transported mainly by truck. Urged by railroads and gas producers to increase …
Tulsa’s WPX Energy plans to discuss its fourth-quarter and full-year 2019 financial and operations results during a webcast on Thursday, Feb. 27, 2020, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event …
Even with colder weather in the forecast, natural gas traders weren’t impressed this week as futures prices dropped even more in trading. And it’s not good news for the country’s largest gas driller. The February Nymex contract finished at $2.182, which was off 2 cents while March slid a penny to $2.158. Trading had been …