A review of one sector of the energy exploration in the Permian Basin where several Oklahoma firms are active shows a growing demand for diesel to fuel the thousands of trucks in the area. One report indicated the diesel is not only for fueling the oil and gas rigs but the trucks moving oil as …
His relationship with Scott Pruitt and Oklahoma City’s Devon Energy prompted critical questions of Oklahoma Supreme Court Justice Patrick Wyrick during his U.S. Senate confirmation hearing to be a federal judge. Democrats on the U.S. Senate Judiciary Committee were critical of Wyrick’s role in a 2014 incident where then-Attorney General Scott Pruitt used a Devon …
No dollar amount was revealed, but the Environmental Protection Agency announced this week it is offering assistance to help the Delaware Nation in Oklahoma under a Trump Administration plan to promote agriculture and rural prosperity. The assistance is through the Local Foods, Local Places initiative that helps communities reinvest in their neighborhoods and improve quality …
As we head into the long Memorial Day holiday weekend, gasoline prices continued to soar reaching a national average of $2.96 a gallon while Oklahoma drivers pay $2.70 per gallon of unleaded regular. AAA Oklahoma reports the Oklahoma average compares to $2.64 just a week ago and $2.47 a month ago. Lawton continues to have …
Two energy companies are those directly affected by this week’s Oklahoma Corporation Commission directive to shut down or drastically curtail wastewater well operations near Crescent following a series of recent earthquakes. They are Stephens Energy Group LLC based in Fort Smith, Arkansas and White Star Petroleum LLC headquartered in Oklahoma City. Stephens was under a …
A cash tender offer totaling $1.75 billion in outstanding notes has been announced by ConocoPhillips. The Houston-based company with large operations in Oklahoma is offering to purchase a lengthy series of outstanding notes ranging from 2.4% up to 6.95%. The offer includes varying amounts for each of the different classes of notes. The tender offer …
ExxonMobil says its greenhouse gas reduction measures could lead to significant improvements in emissions performance over the next two years including a 15 percent drop in methane emissions and a 25 percent cut in flaring. Thanks to leak-detection-and-repair efforts designed by its partner, XTO Energy, methane emissions were cut by 2 percent in the past …
While Tulsa’s Williams Cos. does battle with New York State over New York’s denial of another gas line, a report by Consumer Energy Alliance is out with a report entitled “Pipelines and their Benefits to New York.” The report, released this week during a discussion on the Future of Natural Gas and Economic Development in …
While Oklahoma’s first frac mine is under construction near the northwest town of Oak Wood, south Texas is getting another frac mine. Black Mountain Sand, based in Fort Worth announced its expansion into the Eagle Ford Shale with the acquisition of 2,300 acres in Atascosa County. Construction is immediately underway and the company hopes to …
After a swarm of earthquakes around the Logan County town of Crescent, the Oklahoma Corporation Commission has issued another directive against wastewater disposal wells. Several of the quakes measured magnitude 4.0 or greater. The Commission on Wednesday issued the directive ordering some of the well operators to cease operations or make further reductions in the …