Tax collections for the month of May in Oklahoma were a record $970.9 million according to State Treasurer Ken Miller. He said it brought the total gross receipts in the past 12 months to $12.09 billion, a figure that is only $14 million from matching the all-time 12 month high. Oil and gas gross production …
The city of Tulsa got good news this week in the form of a $45 million grant to help replace bridges on Interstate 44 in the city’s west side. It will help speed up work on a $350 million project to widen the interstate to six lanes and also replace the I-44/U.S. 75 interchange. “This …
Oklahoma City-based Chaparral Energy, Inc. has expanded its board of directors from seven to eight with the appointment of David Greenberg. He is a new independent member of the board effective immediately. All of the company’s directors will be up for re-election when the annual shareholders meeting is held June 29. “We are very pleased …
Something of a water war could be developing between New Mexico and Texas in a dispute that’s led one New Mexico politician to be pretty blunt in his claims. And it largely has to do with oil and gas drilling in the Permian Basin. “Texas is stealing New Mexico’s water,” said New Mexico State Land …
As the new Administrator at NASA, former Oklahoma Congressman Jim Bridenstine is offering some hope for those wondering whether climate science at NASA was on its way out. As the publication Science reports, Bridenstine suggests a change is coming and perhaps climate science missions might not be eliminated by the Trump administration. Bridenstine met with …
Oklahoma is getting yet another frac sand plant. Alpine Silica announced this week it intends to start construction on a plant near the small community of Fay located along State highway 33 in southeastern Dewey County. The company said it has secured nearly 51 million tons of reserves for the Oklahoma initiative. It estimates the …
As Meridian Energy Group moves ahead with construction of one of the first greenfield fuels refineries in the U.S. in four decades, it’s announced the signing of a major contract for housing in North Dakota’s Bakken play. The company announced this week the signing of a letter of intent with Target Lodging of The Woodlands, …
A new member was elected to Devon Energy’s board of directors. Shareholders chose John Krenicki Jr. to the board during the company’s annual meeting this week. The shareholders also re-elected existing board members to one-year terms. With Krenicki’s election, the board was expanded to 10 members of which eight are independent directors. Krenicki is a …
The latest figures show a drop in international rig activity, according to a report from Baker Hughes. The count for May 2018 was 967, a drop of 11 from the 978 reported in April. But it is up 10 from the 957 reported in May of 2017. The international offshore rig count increased by …
Oklahoma U.S. Sen. Jim Inhofe joined three other Senators this week in introducing a bill to make clear the amount of time the EPA can prohibit the issuance or terminate existing dredge-and-fill permits. It’s an effort to promote more energy production including coal mining as well as oil and gas operations and to end government …