Helmerich and Payne acquires Houston software company

Helmerich & Payne, Inc.  in Tulsa announced today its wholly owned subsidiary, Helmerich & Payne Technologies, LLC, has acquired DrillScan, a leading provider of proprietary drilling engineering software, well engineering services and training for the oil and gas industry. No terms were revealed in the announcement. DrillScan will operate as part of H&P Technologies, H&P’s …

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ONE GAS director also named to Denver energy company’s board

A member of the board of directors at Tulsa-based ONE Gas Inc. has also joined the board of directors of Denver-based Whiting Petroleum Corporation. Whiting announced Michael G. Hutchinson, a retired partner at Deloitte and Touche will join the company’s board of directors effective Sept. 1, 2019. Hutchinson retired in 2012 and previously was the …

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Chinese scientist at KU indicted on fraud charges

The Chinese national charged with stealing nearly $1 billion in technology from the Phillips 66 research center in Bartlesville isn’t the only foreign national facing such charges in the Oklahoma and Kansas region. A  researcher at the University of Kansas was indicted Wednesday on federal charges of hiding the fact that he was working full time …

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Bridenstine talks of nuclear propulsion for space exploration

An illustration of a spacecraft powered by nuclear thermal propulsion.  (Image: © NASA/Marshall) From Space.com news Humanity’s next giant leap could be enabled by next-gen nuclear tech, NASA Administrator Jim Bridenstine said. During the sixth meeting of the National Space Council (NSC) today (Aug. 20), the NASA chief lauded the potential of nuclear thermal propulsion, …

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Reporters traveling the US to study how electric cars will change the country

A team of E&E News reporters will journey 6,000 miles over eight weeks to report on how electric vehicles are changing transportation, jobs and everyday life. The energy news group’s Electric Road Trip will start in Houston on Sept. 9, traveling through the Southeast and Midwest and down the West Coast. And yes, they are even …

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Chesapeake Energy’s switch to oil catches attention

    As Oklahoma City’s Chesapeake Energy continues its growth in oil exploration and move away from being the nation’s second-largest gas producer, it is catching the attention of analysts and investors. Good attention.  Read what Motley Fool reported about the company’s decision two years ago. Click here.  

Pipeline operator wants higher oil shipping fees to offset higher steel tariffs

Plains All American pipeline finds itself in a fight with two U.S. shale producers fighting the company’s proposed price increase meant to recover higher steel costs. ConocoPhillips and a unit of Canadian producer Encana Corp. filed requests this week with the Federal Energy Regulatory Commission to reject the pipeline company’s proposed tariff surcharge on its …

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Colorado’s call for a special oil and gas revenue fund

The more than two dozen drilling rigs operating today in Colorado’s oil and gas fields won’t be going silent any time soon, even with the enactment this year of a law that promises to make life tougher for the industry statewide. Click here for part 3 of the Denver Post’s examination of a proposed special state fund …

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Push underway for energy storage tax incentive

The nation”s next energy subsidy could be for energy storage. It’s what POLITICO’s Morning Energy Report details.  Energy storage may be a key component of fighting climate change and boosting renewables , but that’s not the sales pitch the industry is making around Donald Trump’s Washington, Pro’s Gavin Bade reports. While energy storage has long been …

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Oil and gas software accounting provider sold

OGsys, a provider of cloud-based oil and gas accounting software for small and medium-sized businesses has a new owner. The Fort Worth-based company has been acquired by Houston’s Quorum Software, a Thoma Bravo portfolio company which is considered to be a leader in digital transformation for the oil and gas industry. Quorum’s SMB customers includes …

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