The Oklahoma Supreme Court has set Feb. 28 as the date to hear the appeal of Tulsa-based Citizen Energy II in its fight to drill some wells in the city limits of Mustang. The hearing will begin at 10:30 a.m. as the energy firm fights a temporary injunction granted the city of Mustang by a …
The mutual fund investment company, the Vanguard Group apparently likes what it sees in Devon Energy in Oklahoma City. A recent Devon Energy filing made with the Securities Exchange Commission revealed the Vanguard Group has acquired more shares and now owns 8.56% of shares in the energy company. The Pennsylvania firm has 726,630 shares in …
Missouri customers of Kansas City Power and Light could be getting millions in savings in their utility bills, just like those proposed for PSO customers in Oklahoma…thanks to the new federal tax law. KCPL and KCPL Greater Missouri Operations Company, subsidiaries of Great Plains Energy Incorporated filed recent rate updates. The companies are asking to …
The Texas Hornshell, a freshwater mussel was recently listed by the federal government as “endangered” and the natural gas industry in the state doesn’t like it. The industry is suggesting the listing might even lead to an impact on oil and gas drilling in the Permian Basin and the Eagle Ford. The government contends the …
The expansion of drilling activity in the Permian Basin is prompting an oil and gas water treatment and disposal company to expand as well. Milestone Environmental Services of Houston, Texas announced it will build several new facilities in the Basin in the coming two years. Two will be built in 2018 and the company said …
A water vapor leak early Sunday morning resulted in the evacuation of a Chickasha oil rig operated by Continental Resources of Oklahoma City. At last report, there were no injuries according to the Grady County Sheriff’s office and Grady County Emergency Management office. The evacuation happened around 5 a.m. Residents of a nearby mobile …
The fight over taxing energy in Oklahoma is far from over as indicated by debate last week in the House Joint Committee on Appropriations and Budget. It also set the stage for a full-blown repeat of the 2017 fight over what some legislators feel was a move to target the wind industry but not so …
A state beside Oklahoma is getting earthquake attention in relation to its extensive oil and gas drilling activity. Stanford University has decided that the massive Permian Basin and its high-level of drilling activity should be mapped for “ground stresses” and possible earthquakes. They continue working on a map for Oklahoma but have come out with …
Oklahoma Corporation Commissioner Bob Anthony says after 22 years and nearly $800 million, he would like to know exactly how some 3 dozen telephone companies in the state have been using money that came from the controversial High Cost Fund. It is a fund created more than two decades ago to help small phone companies …
Activist investor Carl Icahn got his wish. SandRidge Energy of Oklahoma City has fired James Bennett as CEO and apparently forced Chief Financial Officer Julian Bott out as well. Four months after Icahn forced the company to call off its $746 million purchase of a Denver, Colorado firm, the company took the action this week …