While oil prices have been in something of a turmoil in recent weeks, some economists have expressed their views about the future of Oklahoma’s oil and gas industry. They did so at a recent Greater Chamber of Commerce event in Oklahoma City where some applauded the “strong bounce back” in the industry. OETA reported …
Not every one is happy about the agreement made by Oklahoma and Arkansas in studying the best steps to improve the water in the Illinois River shared by the two states. The Associated Press reports conservation groups are grumbling about the deal announced last week by Oklahoma Gov. Mary Fallin. “This MOA proposes absolutely no …
The move by Tulsa-based Williams Companies to form a joint-venture to expand operations in the Delaware Basin of West Texas and southeastern New Mexico gets the attention of investment advisers. Seeking Alpha found it interesting since Williams had divested some of its assets in the Basin in 2017. Here’s what the New York City-based market …
A Texas firm specializing in wastewater disposal wells is dropping it latest controversial well proposal in Canadian County. H2OK LLC based in Marble Falls, Texas has backed off a request to drill a well in the northern part of the county near the Northwest Highway and Banner Road according to a report in the Yukon …
In the past week, gasoline prices in Oklahoma City dropped a dime a gallon. That’s according to GasBuddy’s survey of 669 stations in the metro area which found the new average is $2.09 a gallon. Nationally, prices fell about 6 cents to reach a new average of $2.62 a gallon. Over the last five years, …
A Canadian pipeline company with new technology in coupling pipes is looking for a home for a manufacturing facility in the U.S. and Oklahoma could be in the running for it. So says Aethan Sakell, vice president of Business Development for CORE Line Pipe Inc., now headquartered in Calgary, Alberta. He was on hand for …
Tulsa-based Helmerich and Payne, Inc. reported quarterly income of $2.5 million or 2-cents a diluted share as the company expands its rig numbers and anticipates increased revenue. The company said it had operating revenues of $697 million for the quarter that ended Sept. 30 compared to a net loss of $8 million or 8 …
While Oklahoma’s rig count slipped by two to 146, the national rig count increased by one to hit 1,082 according to oil and gas groups. Oklahoma’s count of 146 working oil and gas rigs compares to 122 in the state a year ago, according to Baker Hughes Co. Nationally, the increased count included two more …
A state legislator is asking the Colorado Attorney General to investigate Gov. John Hickenlooper for allegedly flying on a corporate jet owned by Tesla to visit its plant in Nevada. Sen. John Cooke made the request this week of Attorney General Cynthia Coffman claiming Hickenlooper took the flight just before ordering Colorado to take up …
The frigid blast of pre-winter weather has some concerned about natural gas supplies and whether they’re adequate to meet the winter demand. Temperatures plunged in Oklahoma in the past week into the teens while wind chills were in the single digits. But natural gas prices backed off after climbing to their highest level in eight …