As the U.S. House picks up Tuesday with a review of the four-bill minibus, hundreds of amendments will be debated regarding the Energy-Water and Defense sections. One is from Oklahoma U.S. Rep. Markwayne Mullin who is attempting to limit any expenditure of funds meant to study the “Social Cost of Carbon.” In other words, his …
From a tornado in northern Oklahoma to strong winds in the western part of the state. The trail of damage was evident. But there were no injuries. The tornado was reported near Omega, a small community deep in the heart of an active oil and gas area of the STACK. Omega is located north of …
A new aerospace study suggests America’s aviation industry will find challenging times in the coming year and it will have a direct impact on the nearly 37,000 aerospace workers in central Oklahoma and the 230 aerospace firms in the region. And oil prices will play a role in whether some aerospace firms are profitable. The …
Williams announced the completion of the formation of a US$3.8 billion joint venture with Canada Pension Plan Investment Board that includes Williams’ owned and operated Ohio Valley Midstream system in the western Marcellus and Williams’ owned and operated Utica East Ohio Midstream system in the Utica Shale play in eastern Ohio. The finalization of this joint …
The State of Texas gets a new water discharge bill. Gov. Greg Abbott signed a bill to allow the discharge of oil and gas produced water into rivers and streams but at the same time gave new powers to the State’s Commission on Environmental Quality. The power had previously been with the Texas Railroad Commission …
The U.S. Geological Survey confirms it was a 3.6 magnitude earthquake that hit the Eagle Ford Shale southeast of San Antonio over the weekend. The epicenter of the earthquake was about 2 miles north of the Karnes County town of Falls City and the quake hit around 8 o’clock Saturday night. Falls City is about …
Shareholders in Tulsa’s NGL Energy Partners LP are getting a quarterly distribution. Depending on what kind of units they hold, the shareholders will get a distribution ranging from 56 to 59 cents per share for the quarter ending June 30, 2019. The holders of the Partnership’s 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual …
The foreign direct investment team with the Oklahoma Department of Commerce announced the state’s participation at the upcoming Paris Air Show taking place outside of Paris, France, June 17-23, 2019. The delegation will be led by Oklahoma Governor Kevin Stitt and other dignitaries including: • James Inhofe, United States Senator from Oklahoma • Sean Kouplen, Oklahoma …
The nation’s rig count continues to show more signs of weakness as numbers dropped by 6 to 969 while Oklahoma remained steady in the past week. The industry is unsure of the future. The national count included a loss of one more oil rig to a final count of 788 while the number of gas …
One of the presenters at an upcoming J.P. Morgan Energy Equity Investor Conference in New York will be Murphy Oil Corporation. Roger W. Jenkins, President and Chief Executive Officer of the company based in El Dorado, Arkansas will make the presentation as the firm seeks new and additional investors. The conference will be held Tuesday, …