State Rep. Ken Luttrell (R-Ponca City) today commented on his appointment to the Board of Directors for the Center for Legislative Energy and Environmental Research (CLEER). Luttrell was elected to represent Oklahoma at the annual meeting of the Energy Council, a nonprofit organization that promotes a balanced national energy strategy and related environmental policies. “Energy …
In a $1 billion deal, Oklahoma City’s Roan Resources has been purchased by Tulsa-based Citizen Energy Operating LLC with backing from the private equity firm Warburg Pincus. Roan said its shareholders would receive $1.52 per share, implying a total equity value of $234.2 million and a premium of 23.6% to the stock’s closing price on …
A joint venture company with Oklahoma ties will partner with Canada’s largest clean electricity provider to develop, construct and operate a new cogeneration facility in Western Canada. SemCAMS Midstream ULC, a subsidiary of Tulsa-based SemGroup Corporation, and TransAlta Corporation announced their plans for the new facility at Kaybob South No. 3 sour gas processing plant. …
Northrop Grumman Systems Corp. was awarded a $9,374,145 cost-plus-fixed-fee contract for the B-2 Crystal Oscillator Replacement Engineering Services at Tinker AFB’s Air Force Sustainment Center, according to a news report published on Monday by Homeland Security Today. The $9 billion contract calls for engineering labor services for B-2 Crystal Oscillator replacement work. Services will be …
Vermont became the 39th state to sign an agreement with the Nuclear Regulatory Commission allowing the state to exercise regulatory authority over certain radioactive materials in the state, according to a press release issued by the NRC. Under the agreement signed by Nuclear Regulatory Commission Chairman Kristine L. Svinicki and Vermont Gov. Philip B. Scott, …
The Oklahoma Department of Environmental Quality (DEQ) has announced that the boil order for the Town of Crescent, located in Logan County, has been lifted. The water is now safe for human consumption. The order to boil water was issued due to the presence of E. coli. State and federal regulations require that customers be notified …
One of the largest solar facilities in the state of Colorado will be constructed in Pueblo by Xcel Energy, steel mill operator EVRAZ North America and Lightsource BP. The firms announced they reached a long-term agreement to develop the new 240-megawatt solar Bighorn Solar project. Under the agreement, Lightsource BP will finance, build, own and …
Houston-based Contango Oil and Gas Company has acquired the assets and operations of Oklahoma City’s White Star Petroleum in a $132.5 million deal. The purchase was part of White Star’s Chapter 11 bankruptcy. The asset purchase agreement provides that Contango will acquire approximately 15 Mboe/d of production, approximately 20 Mmboe of PDP reserves as of …
Two journalism groups and a reporter have filed a federal lawsuit challenging Texas laws that restrict what can be legally photographed by drones. The suit was filed in Austin and argues the 2013 law puts improper limits on news gathering and is a violation of the First Amendment by making it a crime to capture …
Rig counts continued their slow decline in most oil and gas producing states across the country in the past week. While the nation’s count dropped by 8 to 860, Oklahoma’s count remained unchanged at 66 rigs. The national count included a drop of 6 working oil rigs to 713 while the number of gas rigs …