University wouldn’t disinvite oil industry speakers

The University of Houston refused to waver to calls to disinvite oil industry speakers at its fall convocation held last Thursday. A recent graduate had called on the university to stop Gerald McElvy, a board of regents member and alumna April Feick from speaking at the event. McElvy worked for ExxonMobil for 33 years, while Feick is executive …

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Nine Energy unloads Production unit in $17 million cash deal

  Houston’s Nine Energy Service, Inc., one of the operators in Oklahoma’s STACK and SCOOP plays announced it has sold its Production Solutions segment in a $17 million cash deal with Brigade Energy Services LLC. The sale includes Nine’s fleet of 107 workover rigs, ancillary equipment and real estate associated with the 13 operating facilities …

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Growth of Lagoon Water Solutions

Lagoon Water solutions, one of our advertisers at OK Energy Today was prominently featured in a recent story in the Oklahoman. The following is the story from the newspaper: Expectations for future growth at Lagoon Water Solutions are rising as quickly as the volumes of water it handles. Key leadership changes earlier this year preceded …

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Regulators approve $1.9 million rate hike for CenterPoint Energy

CenterPoint Energy Oklahoma Gas has won a $1.9 million rate increase from the Oklahoma Corporation Commission. CenterPoint is a Houston, Texas based firm with more than 7 million natural gas and electric customers in 8 states. Its Oklahoma customer base is about 100,000 customers in northern, southern and southwestern Oklahoma. Commissioners voted in support of the …

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Commander Aircraft announces expansion of operations

Norman’s Commander Aircraft Corp. announced it is expanding its manufacturing operations with construction of an $8 million production facility. The new facility will allow for more manufacturing of the company’s single-engine aircraft. It will be 100,000 square feet in size and be built adjacent to the Max Westheimer airport where Commander already has two hangars …

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Cushing oil hub is still growing

The Cushing terminal is still growing.  More and more tanks are being constructed to store crude oil coming from the rest of the nation. As Jack Money, Business Writer for The Oklahoman reported this week, analysts now believe midstream companies will have the ability by the end of next year to transport more oil out …

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PSO hands out $5,000 STEM grant to FFA chapters

For the second year in a row, FFA students in Allen and Byng are the recipients of an FFA STEM Grant from Public Service Company of Oklahoma. In just its second year, the STEM (Science, Technology, Engineering, and Math) After-School Grants program is the result of a partnership between the Oklahoma FFA Foundation and PSO. …

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New KC Royals owner has a history of energy business ties

Energy is what helped Kansas City businessman John Sherman accumulate the kind of wealth he has allowing him to become the new owner of the Kansas City Royals major league baseball team. Not just personal energy but energy involving oil and gas and electrical power. Sherman, 64, bought the team last week for a cool …

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Firms are split over rollback of methane gas regulations

Big oil and gas companies appear to be divided over their stand  on the Trump administration’s move to roll back Obama administration regulations on methane. The administration’s move on Thursday drew response for and against as Seeking Alpha, an investment analyst noted. Exxon Mobil reiterates support for the direct regulation of methane emissions for new and existing …

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No letup in Oklahoma’s rig count decline

The slow steady decline of the number of active oil and gas rigs continues in Oklahoma and across the U.S. Oklahoma has nearly 60 fewer rigs than a year ago. Baker Hughes Co. reports Oklahoma’s count dropped by 2 more in the past week to reach 80 rigs, a far cry from the 139 reported …

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