Baker Hughes has changed the date it plans to release its third quarter 2018 earnings report. The company now plans to release the earnings report before the open of markets on the morning of Tuesday, Oct. 30. The release will be at 5:45 a.m. central time. Baker Hughes plans a webcast to discuss the results …
Judge disqualifies OKC law firm in Bristow Superfund lawsuit
A Tulsa federal judge has ruled an Oklahoma City law firm has a conflict of interest and cannot represent the Bristow First Assembly of God in its lawsuit over a Superfund site that forced the church to move four years ago. U.S. District Judge Terence C. Kern issued the ruling on a motion filed by …
OKC’s Will Rogers World Airport expansion bids received
Bids have been received to expand Oklahoma City’s Will Rogers World Airport, a place used daily by oil and gas crews flying to remote places for exploration. The apparent low bidder to construct a four-gate terminal expansion is Timberlake Construction Co. at $61.9 million. The bid has yet to be approved but the architect’s estimate …
Eastern Logan County hit by small earthquake
Eastern Logan County was shaken by a small earthquake late Sunday night. It measured 2.5 magnitude with a depth of about 3 miles, according to recordings made by the U.S. Geological Survey. The quake was about 5 miles west of the community of Meridian which put it only about a mile east of Interstate 30 …
Gas line leak forced evacuations near Healdton
A large natural gas line leak near the southern Oklahoma town of Healdton Friday night forced the evacuation of several nearby homes. But by Saturday morning, the line owned by Avalon Oil and Gas Inc. had been capped. Residents were told they could return to their homes, according to a spokeswoman with the Carter County …
Regional Energy activity is growing around Oklahoma
From the Kansas City Federal Reserve: Chad Wilkerson, Vice President and Oklahoma City Branch Executive OCTOBER 12, 2018 | Third quarter energy survey results revealed Tenth District energy activity accelerated. The future activity outlook remained strong. Firms reported that oil prices needed to be on average $55 per barrel for drilling to be profitable, up slightly from the …
Improved bond rating for Tulsa Airport Authority Trust
The financial status of the Tulsa International Airport is stable in the opinion of Moody’s Investors Service which has assigned a new bond rating for the Tulsa Airports Improvements Trust. The improved rating is a result of growing flights in and out of the airport. Moody’s assigned a Baa1 to the TAiT and its $19.7 …
3Q report date set by Cheniere Energy
Houston’s Cheniere Energy, Inc., the company with a $1 billion pipeline under construction in Oklahoma plans to issue its earnings release for the third quarter 2018 on Nov. 8. The release on that Thursday will be before the market opens. Cheniere will then hold a conference call for investors and analysts at 9 a.m. central …
Oil rig count grew nationally but slipped in Oklahoma
The number of active oil and gas rigs in Oklahoma slipped by one inn the past week to reach 142, according to the latest count from Baker Hughes Co. Nationally, the count increased by 11 to reach 1,063. The number of oil rigs grew by 8 to reach 869 across the U.S. while the total …
3 years later, Southern Oklahoma well is a big hit
The return to a southern Oklahoma well 3 years after it was drilled proved to be a good move for Xto Energy Inc. of Houston. A completion report filed this week showed the Charles 1-23H14X well located two miles west of Marietta in Love County (23 7S 1E) had production of 1,123 Boed. The well …









