The cause of the crude oil spill from the Keystone pipeline in eastern North Dakota is still unknown, but a North Dakota state regulator revealed this week the affected area is nearly 10 times the amount of land initially reported. Environmental scientist Bill Suess says the Oct. 29 leak actually impacted more than 209,000 square …
** ONEOK, Inc. will participate in the RBC Capital Markets Midstream Conference on Nov. 20, 2019, in Dallas, Texas. Materials used at the conference will be accessible on ONEOK’s website, www.oneok.com, beginning at 5 p.m. Eastern Standard Time (4 p.m. Central Standard Time) on Nov. 19, 2019. ** Local officials near Battle Creek, Michigan are debating whether to restrict …
After half a century of producing electricity in the Southwest, the Navajo Generating Station near the Arizona-Utah line was shut down on Monday. Shift supervisor Fred Larson, who had worked 41 years at the massive coal-fired power plant made the final move and and permanently put the plant offline. The shutdown came as the company …
Ride sharing company Lyft plans to deploy 200 long-range electric vehicles into its efforts in Denver, Colorado. The Express Drive program operates in about three dozen cities in the U.S. and lets drivers rent vehicles t hrough Lyft’s partners instead of committing to longer-term options such as leasing or buying. The EVs will be available …
The slowdown in the oil and gas industry has taken a hit on the nation’s frac sand industry as witnessed by a Texas company’s $215 million devaluation of two of its mines. The Wisconsin State Journal reported it’s another sign of bleak economic conditions facing Wisconsin’s frac sand mining operations. Hi-Crush Inc. last week announced …
Kingfisher County in Oklahoma’s STACK play continues to see extensive drilling operations despite the continued low prices for crude oil. Chisholm Oil and Gas Operating based in Tulsa showed how busy its crews have been in the state as the company reported this week the completions of 8 wells in Kingfisher county. Oil production from …
Baker Hughes, C3.ai, and Microsoft Corp. announced an alliance to bring enterprise artificial intelligence solutions to the energy industry on Microsoft Azure, an industry-leading cloud computing platform. This alliance will enable customers to streamline the adoption of scalable AI solutions for the energy industry that help promote safety, reliability, and sustainability. It leverages the significant energy …
With the fourth quarter underway for Oklahoma City’s Devon Energy, the company’s leadership is moving ahead cautiously, despite third quarter earnings of $109 million or 27 cents a diluted share. Yes, the company made money in the third quarter but Devon is hoping to finish some of its divestiture of certain assets before the end …
Name any energy company and it’s going through what virtually all are doing these days—reorganizing efforts to cut costs and save money. Gulfport Energy in Oklahoma City, a firm that announced this week a 13 percent reduction in its workforce isn’t alone. Chaparral Energy will be down to one drilling rig in 2020. Chesapeake …
Oklahoma City’s Gulfport Energy Corporation announced it is laying off 13 percent of its workforce, suspending its share repurchase program and continuing discounted debt repurchases. In making the announcement, the company described the company’s employment reduction as a “13% reduction in headcount.” “Gulfport’s Board and management team are committed to taking timely and decisive action …