Oklahoma U.S. Rep. Markwayne Mullin and other Republicans on the House Energy and Commerce committee now know some of the Democrats they’ll have to work with in the coming two years with Democrats in control of the House. And it’s likely they won’t be friendly to the oil and gas industry. The House Democratic Steering …
Sharply falling crude oil prices have resulted in the first decrease in the Oklahoma Energy Index in eight months and foretells an inevitable slowdown in oilfield activity in the months ahead. Dr. Russell Evans, executive director of the Steven C. Agee Economic Research and Policy Institute, said Oklahoma oil and natural gas companies have been …
The Williams Companies, Inc. announced the naming of a senior vice president of the Tulsa company’s Atlantic-Gulf Operating Area. Scott Hallam succeeds Frank Ferazzi who earlier announced his retirement. Hallam has most recently served as vice president and general manager, Eastern Interstates (including oversight of Williams’ Transco pipeline system) in the Atlantic-Gulf Operating Area. Previously, …
Oklahoma City’s Enable Midstream Partners, L.P. has followed through with leadership changes, formally making Craig Harris as the company’s chief operating officer. The move was earlier announced on Jan. 1 during a second quarter earnings call in which the firm said there were several organizational changes with new leadership roles, all designed to strengthen the …
A new market analysis claims the Greater Anadarko Basin still holds fast quantities of un-risked oil and natural gas and much of the basin is still untapped. The analysis by IHS Markit, a firm known for its critical information, analytics and solutions says the Basin holds an estimated 16 million barrels of oil and more …
Tulsa’s WPX Energy will release its fourth-quarter and full-year 2018 financial and operations next month. The results will be discussed by WPX executives during a webcast on Thursday, Feb. 21, 2019 beginning at 9 a.m. Central Time. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will …
Durant has been chosen to be the national headquarters for a firm that manufactures high precision stainless steel tubing and nickel alloy tubes. Salem Tube, a subsidiary of the HWH Group is locating its North American headquarters and advanced manufacturing plant in southern Oklahoma. The $40 million investment includes a 150,000 square foot plant with …
In a new filing with the Securities and Exchange Commission, Tulsa-based ONEOK Inc. made notice that the company’s profit sharing plan is no longer in effect as a result of its merger with the company’s 401(k) plan. It was a routine filing which was a deregistration of securities EXPLANATORY NOTE: DEREGISTRATION OF SECURITIES …
Oklahoma Treasurer Randy McDaniel revealed Wednesday that gross receipts to the Treasury grew at a double-digit pace for 2018 and increased by more than $1.5 billion compared to the previous year. At the same time, oil and gas gross production revenue for the year totaled $988.4 million, an increase of $451.2 or 84% compared to …
POLITICO, the D-C based political news website reports that the dark-money group supporting the confirmation of former EPA administrator Scott Pruitt was able to raise nearly a half-million dollars from one oil company and other donors who did not have to identify themselves. POLITICO reported it as the “scandal-plagued former EPA administrator” and …