A political and environmental fight over an anticipated jump in the number of oil and gas wells in New Mexico’s San Juan Basin is coming to a head as the incoming administration of the state’s new Democratic governor is attempting to reverse the situation. Shortly after Gov. Michelle Lujuan Grisham, a Democrat, was sworn …
State environmental regulators have issued a Boil Order for a southeast Oklahoma water district because of a water line break. Word came from the State Department of Environmental Quality and applies to the Sardis Lake Water Authority. It is located in Pushmataha County and the DEQ informed residents and users of the drinking water to use …
ONEOK’s Chairman of the Board John Gibson just made a tidy $4 million off the sale of some of the shares he has in the Tulsa-based company. The sale was revealed in a filing by ONEOK with the Securities Exchange Commission. Gibson disposed of 75,000 shares, each valued at $54.89 giving him a total of …
In a handful of new filings with the U.S. Securities Exchange Commission, Oklahoma City-based Chesapeake Energy announced an amended employment agreement with President and CEO Robert D. Lawler. In effect, the Dec. 31, 2018 agreement extended the term of his existing agreement dated May 20, 2013 until Dec. 31, 2021. His minimum base salary will …
The continuation of falling oil prices no doubt affected the number of oil and gas drillers across the U.S. as reflected by the number of active rigs reported this week. While the U.S. slumped by 8 rigs to 1,075, the number in Oklahoma remained at 140. Nationally, there were 8 fewer oil rigs, dropping to …
Some of the oil and gas states covered by the Dallas Federal Reserve Bank have seen a slow down in energy sector activity in the fourth quarter of 2018. The Dallas fed Energy Survey called it a significant slowdown in growth. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—remained …
The final nod of approval from the US Federal Energy Regulatory Commission has come for Williams to start full service on its Gulf Connector Expansion Project to feed two LNG export terminals on the Texas coast. The two terminals are Cheniere Energy’s Corpus Christi operation on the coast and Freeport LNG. The Connector is the …
University of Oklahoma meteorologist Kelvin Droegemeier finally won approval this week from the U.S. Senate to be the top science adviser to President Donald Trump. His confirmation came on a voice vote in the Senate. He had been nominated Aug.1 to head the Office of Science and Technology Policy. Droegemeier will be President Trump’s first …
Oklahoma Governor-elect Kevin Stitt has named Regent Bank chairman and CEO Sean Kouplen to be the Commerce Secretary in his new incoming administration. He also picked Enid Regional Development Alliance executive director Brent Kisling to be the executive director of the Commerce Department. Kouplen will need confirmation from the Oklahoma Senate. “Sean Kouplen is a …
Phillips 66 plans to release its fourth-quarter 2018 earnings report next month. The Houston company said it will hold a conference call webcast at 11 a.m. Oklahoma time on Friday, Feb. 8 to discuss the results released earlier in the day.