Oil and gas companies aren’t letting up in their exploration of Oklahoma’s STACK and SCOOP. The latest round of Permits to Drill approved by the Corporation Commission showed continued interest in and around both plays. Blaine County, one of the three counties considered to be the STACK play shows 7 more permits to drill have …
Oklahoma U.S. Sen. James Lankford stepped up his opposition to what he labeled “burdensome” net neutrality regulations this week. But it wasn’t enough as the Senate voted 52-47 to restore net neutrality rules that the FCC had removed in December 2017. Democrats didn’t like the FCC move against regulations created in the Obama administration. Sen. …
While Vermont Sen. Patrick Leahy’s rant against EPA Chief Scott Pruitt might have been what got the most coverage out of a Wednesday Senate hearing, Pruitt also confirmed he’s hired a defense lawyer to help with a dozen federal investigations of his activities. It’s what he revealed in the hearing, explaining he hired white-collar defense …
A 78-cent a share quarterly dividend was declared Thursday by WPX Energy’s board of directors in Tulsa. The dividend is for holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. It will be payable as of July 31, 2018 to holders of record of the company’s preferred stock on July 13, 2018. …
NextEra Energy, one of the big wind farm operators in Oklahoma is starting construction of another farm, but this one will be a solar farm near Sterling City, Texas. Work is about to get underway on the farm to be located between the cities of Midland and San Angelo. The call is going out in …
Add a San Antonio utility to the growing list of firms resorting to drones for power line inspections. CPS Energy, a city-owned utility company announced this week it will move ahead with the drone program after carrying out a pilot program a year ago. The pilot program used the drones in a series of successful …
Another study has been produced showing no groundwater impact from hydraulic fracturing, at least in eastern Ohio. A report in the journal Environmental Monitoring Assessment credited the study by the University of Cincinnati. Using data collected between 2012 and 2015 and 191 samples from 25 water wells, the study concentrated on drilling in the Utica …
From one energy company with deep involvement in oil and gas exploration in Oklahoma to another. It’s what Robert W. Drummond did this week, leaving Key Energy Services as CEO to become Chief Executive Officer and Director of Keane Group, Inc. in Houston. Both companies have extensive oil and gas operations in Oklahoma’s STACK and …
Williams and Williams Partners L.P. announced an agreement under which Williams will acquire all of the outstanding public common units of Williams Partners in an all stock-for-unit transaction. It’s in response to a recent government ruling affecting income tax policy. The transaction is valued at $10.5 billion including a 1.494 ratio of Williams common shares …
Former Oklahoma Attorney General Scott Pruitt had more encounters with Democratic Senators this week in Washington and one left him with a political slap in the face. Even mocking him. It happened as Pruitt, now head of the Environmental Protection Agency went before a U.S. Senate committee where he had an encounter with Sen. Patrick …