It’s still unclear as to the extent of wildfire damage possibly to energy operations in northwest Oklahoma. Whether any wind farms or oil and gas operations were damaged or destroyed is not yet known. But the wildfires burned an estimated 300,000 acres and left at least two persons dead—a 61-year old man overcome by smoke …
As part of EarthDay activities, a massive EarthX conference will be held this week in Dallas, texas. It will include discussions on the latest scientific research on oceans and our environment as well as introducing investors to clean-tech companies. The Conference will be held April 19-22. “As the largest gathering of its kind in the …
Oklahoma Corporation Commissioner Dana Murphy opted out of running for re-election this year and is making a run for the Republican nomination for Lt. Governor. She was first elected to the Commission in 2008 and won re-election in 2016 to a third term. Murphy previously operated a private law firm that focused on oil and …
A whopping 794 candidates filed for federal and state offices at the conclusion of last week’s 3-day filing period at the State Capitol. The State Election Board indicated it beat the old record of 594 set in 2006. Energy related filings totaled 7 candidates for Oklahoma Corporation Commission. Corporation Commissioner Bob Anthony, a Republican filed …
When we carried a story last week about the reaction of Moody’s to an increase in Oklahoma’s gross production tax on oil and gas, one oil producer responded by writing the increase should have been more. Our headline was “Oil and Gas Groups Didn’t like the Tax Hikes—Moody’s Did.” But Everett Moran of Moran …
While Facebook CEO Mark Zuckerberg went before Congress last week, Oklahoma congressman Markwayne Mullin played a role. He is a member of the House Energy and Commerce Committee where Zuckerberg testified on Wednesday. In his weekly newsletter, Rep. Mullin took note of the testimony. “On Wednesday, the House Energy and Commerce Committee held a hearing …
The number of oil and gas rigs in Oklahoma and across the U.S. increased in the past week. Oklahoma’s count went up by 2 to reach 128 while the national count increased by 5 to hit 1,008. The number of oil rigs nationally increased by 7 to hit 815 while the total in gas rigs …
A Dallas law firm that’s made a national reputation for handling and tracking bankruptcies of oil and gas companies says it expects a modestly improved outlook for the industry in 2018. Haynes and Boone, LLP is out with its survey of oil and gas borrowers and lenders. Entitled “Borrowing Base Redeterminations Survey: Spring 2018,” the …
While the massive Cushing crude tank farm has been a source of pride in Oklahoma, now there is talk that it might soon be drained of most of the crude it stores. Thanks to U.S. production that is straining pipeline and storage capacity, companies are spending millions in the construction of new pipelines to move …
Tulsa’s Williams Partners L.P.’s Transco has filed an application seeking federal government approval of an expansion of its Southeastern Trail gas line along the East Coast. The company filed with the Federal Energy Regulatory Commission asking for authorization of the $404 million project which will include another 7.7 miles of line in Virginia. The project …