Dallas based Pioneer Natural Resources Company has announced the sale of its southeastern Colorado assets for $79 million, thus becoming yet another company bailing out of the Raton Basin. The company sold its assets in the Raton Basin to Evergreen Natural Resources LLC and the sale should be finalized by the end of July. The …
Environmentalists and conservation groups don’t like the decision but the State of North Dakota has approved a permit for construction of an oil refinery near the Theodore Roosevelt National Park. The decision by the North Dakota Health department in support of the Davis Refinery is considered a major victory for Meridian Energy Group based in …
Oklahoma U.S. Sen. James Lankford calls it “unbelievable.” The U.S. Army Corps of Engineers did not include funding for improvements to Tulsa’s levee system, one rated as one of the worst in the nation. “For two years, Congress has given the Corps the tools to tackle this project, which has been identified by the Corps …
Thousands of Verizon Wireless customers scrambled Wednesday morning when the company suffered an outage of service. Those who still had the old-fashioned land line resorted to them to make calls. Others were left wondering—what was so and so’s phone number? Both cellular and internet service were interrupted over many areas of the state ranging …
Tulsa-based WPX Energy is already planning to release its second-quarter 2018 financial and operations results. The company will hold a webcast discussion on Thursday, Aug. 2 beginning at 9 a.m. central time. Chief Executive Officer Rick Muncrief along with Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. …
The Oklahoma Corporation Commission meets Thursday morning for a signing order session. The meeting will be held at 9:30 a.m. at the Jim Thorpe building. One item is Cause No. PUD 201800021, an application of Iochem Corporation for an order of the Commission declaring compliance and applicability of the Retail Electric Supplier Certified Territory Act. …
Attorney General Mike Hunter announced Wednesday parties involved in the OG&E rate case have reached a historic $64 million rate reduction settlement agreement, resulting in lower utility bills for OG&E customers beginning in July. Customers will also receive a one-time refund as a result of the $18.5 million federal corporate income tax cut, after …
A six-year legal fight with the Interior Department over a 20-year old well that’s never produced has resulted in another loss for Cibola Energy Corporation, a firm based in Albuquerque, New Mexico. Oklahoma energy companies don’t normally have to deal with the federal government in drilling new wells, but if you’re in New Mexico, it’s …
The Denver federal appeals court has upheld a $1.5 million judgment awarded a construction company that sued the city of Colorado Springs for revoking the installation license of one of its workers in 2013. The U.S. 10th Circuit Court of Appeals said a lower court was right in the way it handled the lawsuit brought …
Opponents of the Keystone XL pipeline think they can block construction by building and installing solar panels in the path of the controversial line in Nebraska and South Dakota. The group called BOLD Nebraska has launched the second phase of “Solar XL”, a plan to raise $60,000 to build solar energy installations in the path …