Cactus Inc. and its financial reports

  We mistakenly identified Cactus Drilling for the recent fourth quarter and 2018 financial reports from Cactus Inc., a public original equipment manufacturer for Cactus Drilling LLC. Cactus Wellhead is a privately-owned drilling contractor based out of Oklahoma City and with headquarters in Houston, Texas and is often confused as being Cactus Drilling. So it …

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Colorado and Utah wonder if disposal well caused earthquake

Oklahoma has been through this. So has Texas. Kansas has too. The question is whether a 4.5 magnitude earthquake was caused in part by a wastewater disposal well. But this question is about an  earthquake near the Utah-Colorado border. It happened several days ago and occurred near a U.S. Bureau of Reclamation operation in western …

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Environmentalist critical of Ag Board’s new poultry regulations

  Oklahoma geologist and water specialist Bob Jackman thinks the state Board of Agriculture is missing some regulations in stemming the growth of poultry farms in eastern Oklahoma. He made clear his feelings in a letter to the editor: Ag board missing more regulations to stem chicken problem  The invasion of 200 industrial megachicken barns …

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OGE filing with SEC

OGE’s latest filing with the Securities and Exchange Commission reflected a change in ownership of shares held by a member of the company’s management. Cristina F. McQuistion, the company’s Vice President and Chief Information Officer reported the sale of 7,427.058 shares valued at $42.052 each. It left her with ownership of 19,980 shares in OGE.

Correction to explosion story

A correction to our story this past week regarding the fatal oilfield site explosion near Enid, Oklahoma. The victim was Javier Barraza. We initially identified him as Javier Varraza. He and another man were welding atop a salt water disposal tank when an explosion occurred. Barraza was killed and the other man was injured. The …

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Rig counts dropped across the U.S. but grew slightly in Oklahoma

While the number of oil and gas rigs in the U.S. dropped again, Oklahoma saw an increase in the past week. Baker Hughes Co. reported the national rig count declined by eleven to 1,027. But in Oklahoma, the count grew by one to reach 116 active rigs.. Nationally, the decline included 9 oil rigs and …

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Investors await earnings report from Midstates Petroleum

  Tulsa’s Midstates Petroleum Company, Inc. will release its fourth quarter and 2018 earnings report on Wednesday, March 13. The material and information will be made available to the public at the close of trading on the New York Stock Exchange. The next day, the company leaders will hold a conference call beginning at 8 …

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South Dakota Governor prepares for Keystone XL protests

  The legislature in South Dakota has given early approval of bills sought by Gov. Kristi Noem to create a fund in preparation for Keystone XL oil pipeline protests, the kind that resulted in the state spending millions at the right over the Dakota Access line. Already Indian tribes are critical of the move, stating …

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How the EPA refused to let a Hurricane Harvey mission get off the ground

A stunning story was recently revealed by the Los Angeles Times how the Environmental Protection Agency and the state of Texas refused to allow scientists to fly with sophisticated air samplers over Houston following Hurricane Harvey. Here is how the newspaper reported part of the story: In the weeks after Hurricane Harvey’s catastrophic sweep through …

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Lankford says it’s time to restructure the Corps of Engineers and start saving money

In citing $22 trillion in wasteful government spending, Oklahoma U.S. Sen. James Lankford was critical also of the backlog of government funding of projects. He called it the “Battle Hymn of he Backlog.” The Senator mentioned it in his fourth Federal Fumbles report released this month. Among the numerous cases that he considered to be …

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