Tulsa’s Cypress Energy Partners, L.P. reported this week a drop in revenues for the first quarter of 2017. Total revenues were $64.7 million, down 11.9 percent from the same quarter a year earlier. But Peter C. Boylan III, CELP’s Chairman and Chief Executive Officer had an explanation. “As discussed in March, the first quarter is …
Governor Mary Fallin is clearly growing anxious with only five working days remaining before the legislative deadline and there is still no agreement on a budget deal. It was obvious as she spoke with OK Energy Today on Friday while the State Senate held a rare Friday session. The State House, the legislative body responsible …
Houston,Texas-based WildHorse Resource Development Corporation has just announced a $625 million purchase of 111,000 net acres and associated production from Anadarko Petroleum Corporation. The land is located in south Texas and the counties of Burleson, Brazos, Lee, Milam, Robertson and Washington counties next to the existing acreage held by WildHorse. The purchase includes 68 Eagle Ford …
If your electric car needs a recharge and you happen to be driving in New Mexico, now there’s a new charging station at an American Indian pueblo. The Public Service Company of New Mexico announced the charging station will be placed at Santo Domingo Pueblo located between Albuquerque and Santa Fe. The station is being …
As the 40th anniversary approaches for the Trans Alaska Pipeline System, the observation is being noticed in Tulsa, Oklahoma. That’s the headquarters for the Pipeliners Local Union 798 whose members were the welders who built the 800 mile-long pipeline. They were the ones who welded the 40-foot sections of 48-inch pipe beginning March 27, 1975. …
A new name for the scientific research wing of the Samuel Roberts Noble Foundation has been announced. After 71 years, it’s being changed to the Noble Research Institute. Bill Buckner, president and CEO of the Noble Foundation made the announcement this week in Ardmore. “The Noble Foundation is going to take a big-bold step forward. …
Oklahoma City was one step away from the bottom of a list of cities showing improvements in the 2017 City Energy Efficiency Scorecard released by the American Council for an Energy-Efficient Economy. The city was ranked 50th in the list of cities that are working to reduce energy waste. Oklahoma City earned 8 points of …
A new annual report by the Oklahoma Energy Resources Board shows the state’s oil and gas industry continues growing in 2017 with an impact of creating one in every six jobs in Oklahoma. The 2017 Economic Impact and Jobs Report also shows that the industry still supports 21 percent of the state’s economy with …
In a reversal of sorts, New Mexico and three other states filed suit this week against the Trump administration over the President’s decision to restart the sale of coal leases on federal lands. When it comes to environmental issues, it has been Republican Attorneys General who went to court in the past several years against …
The federal government has joined the probe into a natural gas explosion that destroyed a Firestone, Colorado home and killed two men last month. The National Transportation Safety Board has started looking into the matter because pipelines are a method of transporting oil and natural gas. The Denver Post reported this week investigators are probing …