They have no chance of passing in the U.S. Senate, but seven separate bills aimed at blocking oil and natural gas drilling in nearly all federal waters were introduced this week by Democrats who now control the House of Representatives. Republicans control the Senate so their chances of getting approval are likely to be nil …
New Mexico’s new Democratic Gov. Michelle Lujan Grisham has shaken up the state’s oil and gas industry, not only with new appointees but challenged a move by the previous administration to relax oil and gas drilling restrictions in the San Juan Basin. Her new regulators moved this week to suspend a previous order that allowed …
El Paso oilman Paul Foster has offered more than $32 million for one of the largest ranches for sale in West Texas. He’s trying to become the new owner of the 37,000-acre KC7 Ranch located inn the foothills of the Davis Mountains near Interstate 10 in Reeves and Jeff Davis counties. Foster is CEO …
Leaders of Oklahoma City’s Chesapeake Energy,in a 2018 fourth quarter report indicated their company debt has been reduced from a year earlier and the oil volumes they divested in the Utica have been completely replaced by oil growth in the Powder River Basin and Eagle Ford Shale. They also intend to reduce capital expenditures and …
The owner and operator of a frack sand plant at Oakwood, Oklahoma has announced the start of commercial operations of a resin coating facility in Monahans, Texas. Preferred Proppants, LLC, the Pennsylvania-based firm with frack-sand mining operations in Oklahoma, Texas and other states is the first company to open an in-basin resin coating facility serving …
Plains All American Pipeline, L.P., the Houston company with operations throughout Oklahoma and other oil and gas producing states plans to release fourth-quarter and full-year 2018 earnings in February. The report will be released after the market close on Tuesday, Feb. 5, 2019. Company leaders will hold a joint webcast on the same day at …
The Oklahoma Corporation Commission on Tuesday approved an order determining how Oklahoma Natural Gas will return nearly $23 million to customers from the 2017 federal tax cuts. All three commissioners, Dana Murphy, Bob Anthony and Todd Hiett signed the order that will result in lower bills for ONG customers. ONG Customers will receive $22.7 million …
The U.S. Senate Finance Committee, one that directly affects Oklahoma’s energy industry as well as individuals just got a new member this week—Sen. James Lankford. Senate Majority Leader Mitch McConnell made the announcement this week that Lankford would join the Finance Committee for the 116th Congress. He will also keep his current assignments to the …
Another coal-fired power plant in Texas is shutting down in the summer of this year. At least that’s the intention of the owner and operator of the Gibbons Creek Generating Station near College Station. The Texas Municipal Power Agency, a group comprised of the cities of Bryan, Garland, Denton and Greenville owns the plan. The …
Oklahoma City-s Devon Energy plans to reports its fourth-quarter and full-year 2018 results on Tuesday, Feb. 19. The report will be made available after the close of US financial markets. The release and operations report will be available on the company website at www.devonenergy.com. On Wednesday, Feb. 20, the company will hold a conference call …