The Oklahoma Department of Transportation has launched an effort to hear from Oklahomans about the department’s transportation priorities in the next four years. The Transportation Improvement Program covers the federal fiscal years 2018 through 2021. The STIP is a planning document required by federal guidelines to detail a list of regionally significant construction projects anticipated …
If there will ever be a Keystone XL pipeline across Nebraska, a decision will be made Nov. 20 that could either close the door on the project or allow it to move forward. The Nebraska Public Service Commission will meet on that date at 10 a.m. and decide whether to approve the pipeline’s route through …
Based in the Kansas City suburb of Leawood, Tallgrass Energy Partners LP has announced an open season seeking new commitments on its Pony Express Platteville Extension in northwestern Kansas. The deadline for submitting bids in the open season is Nov. 29, 2017. Total commitments on the Extension are 32,500 barrels a day. Pony Express Pipeline …
Ardmore’s making efforts to locate more companies and businesses at its regional airport. It is also spending $65,000 by the Ardmore Development Authority to carry out a 26-week labor study on development of the Municipal Authority, according to the Ardmoreite newspaper. The city chose the Dallas company, Site Selection Group to do the study and …
Midstates Petroleum in Tulsa reported a net income of $3.7 million in its third quarter results a month after the naming of a new company President. David Sambrooks was named President and CEO in October and this week, Midstates reported net income of $0.14 per share. It also reported at net debt of nearly $51.6 …
Tulsa-based Cypress Energy Partners, L.P. announced third quarter revenues of $77.7 million, an increase of more than 4 percent from the second quarter. The company said the revenue compared to $81.8 million a year ago. Net income for the three months ending Sept. 30 totaled $0.6 million compared to $0.5 million for the three-month period …
The latest version of a budget bailout bill coming from GOP leaders at the State Capitol does not include a gross production tax hike on new wells but it does propose one on so-called legacy oil wells. The measure is similar to one defeated two weeks ago in the House. It contained an increase of …
Tulsa-based NORDAM announced Monday that the aerospace company and China Airlines have signed a joint venture agreement to establish NORDAM Asia Limited, according to a company press release. The new joint venture company will repair and overhaul structural aircraft components for the China Airlines fleet and other airlines in the Asia-Pacific region. NORDAM’s key leaders …
What kind of energy tax breaks were left in the tax plan unveiled last week by the U.S. Senate? They range from electric cars to wind to drilling for oil. A review of the bill shows Republican writers left an accelerated deduction of “intangible drilling costs” in the bill that has gone before the Senate …
While oil and gas exploration companies are drilling 2-mile laterals in Oklahoma, Exxon Mobil Corporation is drilling 3-mile laterals in the Bakken. The company recently finished four wells in North Dakota that extend 3 miles. Bloomberg News reports that Paul Cheng, an analyst for Barclays Plc met with Exxon executives who told him they are …