Safety awards were handed out for Oklahoma highway workers at this week’s meeting of the Oklahoma Department of Transportation Commission. Workers were honored for putting their lives on the line to help construct and maintain state highways, interstates and bridges. Safety is considered to be ODOT’s top priority and the agency conducts onsite reviews, accident …
The Oklahoma Water Resources Board (OWRB) water monitoring staff announced the release of the agency’s 2017 Beneficial Use Monitoring Program (BUMP) reports providing detailed physical, chemical, and biological water data from approximately 1,300 stream, lake, and groundwater well sites across Oklahoma. Created in 1998, BUMP provides data necessary for water quality management decisions by identifying impairments to …
Oklahoma Labor Commissioner Melissa McLawhorn Houston has a new job. Secretary of Education and Workforce Development for the state. Gov. Mary Fallin announced her appointment this week making the switch in jobs to be immediate. And it leaves the field wide open for those running to succeed McLawhorn Houston who said she would not seek …
Truckers in the oil and gas industry as well as gravel haulers are seeing other big trucks on the highways over the past two weeks as toe 2908 Oklahoma wheat harvest is underway. Mike Schulte, Executive Director of the Oklahoma Wheat Commission estimates the harvest is already 45 percent finished. More combines are rolling through …
A well-completion company with a large footprint in Oklahoma’s STACK and SCOOP plays has announced completion of a major repurchase of shares. The announcement came from Keane Group, Inc which wrapped up nearly $34 million of total share repurchases at an average price of $15.54 a share. The repurchase involves nearly 2.2 million common shares. …
Water is always a major concern for Oklahoma and other energy firms taking part in the quickly-moving exploration of the Permian Basin in West Texas and New Mexico, but a Houston-based company has closed on an acquisition of a significant New Mexico water supply business. It’s a move that will have an impact on the …
ExxonMobil’s large workforce in Oklahoma is now part of a company that has finished the purchase of half of Equinor’s interest in a major offshore Brazil oilfield. The BM-S-8 block offshore contains part of the 2-billion barrel pre-salt Carcara oil field. “The Carcara oil field is an excellent example of the quality resources to be …
Devon Energy’s announced a more than $3 billion sale of its ownership interests in EnLink Midstream Partners, LP and EnLink Midstream LLC to an affiliate of Global Infrastructure Partners. The price actually totaled $3.125 billion and as part of the sale agreement, Devon’s board of directors increased the size of the company’s share-repurchase authorization to …
A move by the state of New Mexico along with California and environmental groups to revive the Bureau of Land Management’s methane waste rule was rejected this week by the Denver Federal Appeals court. The ruling means some aspects of the controversial rule will be stayed while the 10th U.S. Circuit considers a lower court …
While SandRidge Energy on Monday was busy notifying shareholders of what it labeled Carl Icahn’s poor track record in energy investments, he too was busy attacking SandRidge’s Board of Directors. In his efforts to win support of shareholders for election of a new board, Icahn accused the board of overpaying CEO James Bennett when he …