Oklahoma oil and gas explorers like many others in the lucrative Permian Basin of West Texas and East New Mexico are learning it might be years before there’s pipeline relief in the oil-rich formation. We’ve reported over the past several months whenever new pipelines or extensions of existing lines win approval. But billions of dollars …
Gasoline prices are pushing closer and closer to the $3 a gallon level in western Oklahoma according to figures from AAA Oklahoma. Motorists in and around Arnett located in Ellis County are paying an average of $2.92 a gallon for unleaded regular. Ellis county has the highest average in the state as of June 4 …
Oklahoma congressman Markwayne Mullin is the lone Oklahoma member of the U.S. House who openly supports the President’s controversial move to increase tariffs on steel and aluminum imports from the European Union, Canada and Mexico. In a weekend statement, the Republican Representative said, “President Trump is doing exactly what he said he would—putting America first …
Oklahoma congressman Markwayne Mullin and other members of a House Energy and Commerce subcommittee hold a hearing this week on improving the hydropower licensing process. The hearing will be held Thursday, June 7 at 10 a.m. Oklahoma Time. It will explore the progress in improving interagency coordination for the processing of environmental reviews and authorizations …
Tulsa’s Williams Companies, Inc. gets a new independent director on its Board. Nancy K. Buese, the executive vice president and chief financial officer for Newmont Mining Corporation was named immediately to the board, according to an announcement made Monday. She has 25 years of experience in financial leadership roles and previously was executive vice president …
Oklahoma’s unemployment rate continues its downward movement with rates lower in April than a year earlier in 64 of 77 counties. The Oklahoma Employment Security Commission reports the lowest jobless rate was 25 in Blaine County while rates in Beaver and Cimarron counties were 2.1%. The highest jobless rate, 6.7% was in McIntosh County. Latimer, …
The U.S. Geological Survey announced that magnetic measures made during low-altitude airplane flights revealed possible deep faults might contribute to increased earthquake activity in Oklahoma and as a response to wastewater injection some parts of the state. The flights were conducted for the USGS and the Oklahoma Geological Survey and were made from August through …
Oklahoma State University graduate Neil Hansen has been named a vice president of Exxon Mobil Corporation following this week’s retirement of Jeff Woodbury, vice president of investor relations and secretary. Woodbury retired after 35 years of service and Hansen, the downstream controller was elected by the board of directors as Woodbury’s successor. The promotion for …
March turned out to be a record oil production month in Oklahoma as 16.8 million barrels of crude oil were pumped in the month. The U.S. Energy Information Administration indicated the previous high on record was 16.4 million in January. The record production goes hand-in-hand with the number of oil rigs in the state.
The number of oil and gas rigs increased in both Oklahoma and the nation over the past week, reaching 142 in the state and 1,060 in the U.S. Information from Baker Hughes Co. and the Independent Oil and Gas Association based in Wichita, Kansas showed the nation’s rig count went up by one. Oklahoma’s rig …