Winds of 80 to 100 mph were part of a strong series of thunderstorms that raced across southern Oklahoma early Wednesday morning, blowing over semi-trucks on I-35, knocking down trees and power lines and leaving thousands without electrical power. A reported five semi-trucks were blown off the Interstate at Pauls Valley, leaving one of the …
The Oklahoma Corporation Commission meets Thursday to consider rules to enforce a new law regarding trains that block street intersections. The Commission started holding technical conferences back in January to get input. In January, the Commission wanted the ability to conduct a compliance audit should a train block a crossing more than 10 …
Texas was ranked number two nationally in 2018 for solar power development and the announcement by Facebook will likely strengthen the ranking. Facebook announced it will build a $146 million solar farm in West Texas—the largest in the nation and Facebook’s first direct investment in renewable energy. The Prospero Solar project will be constructed north …
A $13.45 million contract has been won by a contractor in Yukon to build a new training facility at Altus Air Force Base. SGS LLC won the contract to finish work as Altus takes on the new KC-46A Pegasus refueling tanker. Altus is where crews will be trained to flight the new plane. The Phase …
A new oil and gas development company is being created out of the merger of one in Tulsa and another in Houston and the new firm will dedicate its drilling in Oklahoma’s STACK play. Chisholm Oil and Gas of Tulsa announced the merger with Gastar Exploration LLC of Houston, Texas. The two firms entered into …
A two-year old oil company with more than $1 billion in assets acquired in Oklahoma, Texas and California plans to invest more money into drilling operations in the Permian Basin. Development Capital Resources, based in Houston announced it has obtained funding managed by affiliates of Ares Management Corporation and plans to invest $165 million. The …
ONEOK made filings this week with the Securities and Exchange Commission regarding its company 401(k) plan. The filings showed how ONEOK, Inc.’s Profit Sharing Plan assets were merged with an into the company’s 401(k) plan on Dec. 31, 2018. As a result, total assets including employer contribution receivables amounting to $73.2 million were merged into …
Houston’s Marathon Oil Company is the latest to hit a big producer in Oklahoma’s Blaine County, one of the main counties that make up the STACK play. Marathon filed a completion report this week on the Harry Potter 1511 9-3-34mxh which had initial production of 1,862 barrels of oil a day. Gas production totaled 3,410 …
One person was injured Tuesday when workers struck a pipeline near the Grady county town of Alex. The injured person was rushed to a local hospital but it’s not known how badly injured the worker was. The Chickasha Express-Star reported the Grady County Fire department extinguished some fire burning around the explosion site. It quoted …
Three years after leaving Williams Cos. and Access Midstream, Brett Baker has been promoted at San Antonio’s Stakeholder Midstream LLC to be the firm’s chief commercial officer. The graduate of Southwestern Oklahoma State University joined Stakeholder’s commercial team in the summer of 2016 as director of business development and was quickly promoted to vice president. …