An Austin, Texas political consultant who allegedly hired private investigators to put a GPS tracking device on the pickup truck of anti-wind legislator Rep. Mark McBride of Moore could be subpoenaed this week by an Oklahoma multi-county grand jury. The subpoena of George C. Shipley could come after the Oklahoma State Bureau of Investigation found …
Phillips 66 indicated that it could be weeks before work resumes on cleanup of a former DX-Sunray refinery near Comanche in southwest Oklahoma because of the presence of dangerous and possibly toxic fumes coming from the site. Over the past few weeks, there have been instances of neighbors turning ill and requiring medical treatment due …
Drilling activity is on the increase in the U.S. as rig counts in Oklahoma went up by 2 to hit 135 and the national count grew by 11 to 1,032. Reports from Baker Hughes Co. and the Independent Oil and Gas Association in Kansas showed increases in oil and gas drilling. The national count included …
There is good reason why Harold Hamm is smiling these days. His company Continental Resources’ multi-pad drilling in Blaine County has resulted in wells producing a combined total of nearly 15,000 barrels of oil a day. It is another case of the STACK offering massive production. Completion reports filed recently showed two sites, the Gillian …
Oklahoma Treasurer Ken Miller reports April Gross Receipts to the state treasury were up by more than 15 percent compared to one year ago. The report totaled $1.4 billion, the largest of the year, thanks to the income tax filing deadline. “This month’s gross receipts report again reflects a well performing economy,” said Miller. “Employment …
Midstates Petroleum, the Tulsa company that sought a merger with Oklahoma City’s SandRidge Energy and failed, will announce its first quarter 2018 earnings on Wednesday, May 9. The results will be released after the close of trading on the New York Stock Exchange. A conference call will be held the next day at 7:30 a.m. …
Tulsa’s Unit Corporation reported first quarter 2018 net income of $7.9 million and adjusted net income of $11.1 million. And for the first time, the company has started exploration in Oklahoma’s STACK play. The adjusted net income represented a 47 percent increase over the first quarter of 2017. However, the net income was below the …
The largest geographical school district in Colorado has taken a step toward energy-efficient improvements and is awarding a $14 million dollar contract to a California company to help. The Pueblo County School District 70, one created with the consolidation of 34 smaller districts in 1950 awarded the contract to Willdan Group Inc. The company will …
One of the operators in Oklahoma’s STACK and SCOOP plays, Nine Energy Service Inc. plans to release its first quarter 2018 earnings on Monday, May 14. The company will hold a 10 a.m. Central Time conference call after releasing the results of the quarter ending March 31. Headquartered in Houston, Nine Energy also has operations …
The first quarter earnings for Texas-based Newfield, the company with a heavy presence in Oklahoma’s STACK play turned out better than expected. The company reported its net production and Anadarko Basin net production exceeded the high-end of its guidance rangers. Domestic net production was 173,600 Boepd while net income totaled $86 million or 43-cents a …