Energy companies were among the 23 that made new investments in Oklahoma in the second quarter of 2017, according to a quarterly report from the Oklahoma Commerce Department. The investments totaled $680 million and more than 1,100 jobs are to be created as a result. Eight of the 23 firms are new to Oklahoma. The …
In what is perhaps the largest well to be drilled in Oklahoma’s STACK, Devon Energy of Oklahoma City announced a record well reaching 6,000 barrels of oil equivalent a day. It’s a Meramec well in southwest Kingfisher County. The company said the Privott 17-H well achieved a facility-constrained peak 24-hour rate of 6,000 oil-equivalent barrels …
Ohio’s demanding nearly $1 million from Dallas-based Energy Transfer Partners, the company that built the Dakota Access Pipeline that drew thousands of protesters last year in North Dakota. This time, the claim involves the company’s $4.2 billion gas pipeline called Rover which leaked more than 2 million dollars of drilling mud into Stark County wetlands. …
Colorado’s Gov. John Hickenlooper announced this week he intends to join another dozen states in an attempt to comply with the Paris climate accord. Oklahoma is not one of those dozen states. “We will join the Climate Alliance because our voices are more powerful when we speak as one,” said the Democratic governor as he …
Thursday will mark a “Play-In for Climate Action” rally in Washington by moms and their children and one of them will be Oklahoma environmentalist activist Casey Camp-Horinek. She describes herself as an actress, a Native rights activist and environmentalist and will be one of the speakers at the Capitol Hill protest. Camp-Horinek’s a leader of …
In a move that will likely affect numerous environmental issues, including those having an impact on Oklahoma, Judge Janice Rogers Brown of the U.S. Court of Appeals for the District of Columbia Circuit has announced her retirement. It opens the door for President Trump to appoint someone who is friendly to his environmental policies. Brown …
Electricity investment has overtaken oil and gas for the first time ever according to a report issued Tuesday by the International Energy Agency. Investment in the electricity sector grew by 12 percentage points to reach 43 percent between 2014 and 2016. The IEA said fossil fuels are no longer the largest recipient of investment in …
San Antonio-based EnCap Flatrock Midstream, a company with offices in Oklahoma City and Houston has made an initial $300 million equity commitment to Houston-based greenfield Midstream. Greenfield’s an independent company formed this year and focuses on the development of midstream infrastructure across North America. Its services include natural gas gathering, processing, treating and compression as …
An attorney who recently settled an earthquake lawsuit against one of two oil and gas companies called it significant because it was the first such legal action linked to earthquakes in Oklahoma. Scott Poynter, an attorney based in Little Rock, Arkansas represented Sandra Ladra, a woman hurt in the 2011 earthquake in Prague. She sued to …
Monday’s announcement of a newly redrawn merger of Westar Energy and Great Plains Energy companies in Kansas saw stocks plunge as investors reacted to the news. Stock in Westar Energy dropped $2.75 a share, an indication that investors had expected a premium out of the deal rather than a stock-for-stock situation according to a report …