The Tulsa International Airport has received a nearly $14 million federal grant to upgrade a major taxiway. Sen. Jim Inhofe, chairman of the Subcommittee on Transportation and Infrastructure and a member of the Senate Committee on Commerce, Science and Transportation announced the $13.6 million grant from the Federal Aviation Administration. “The safety and modernization of …
The Oklahoma Energy Producers Alliance has created a split in Oklahoma’s energy industry with a call to restore the gross production tax on oil and gas to 7 percent. The group says it conducted a poll and found 67% of those questioned support “restoring the Gross Production Tax to the historical seven percent for all …
Oklahoma Senators Jim Inhofe and James Lankford voted this week in support of advancing the National Defense Authorization Act, a measure that includes several aspects of energy. “The National Defense Authorization Act is the most important bill we consider each year and upholds our constitutional responsibility of providing for the common defense,” said Sen. Inhofe. …
Oklahoma Congressman Jim Bridenstine is revealing more of his thoughts and views of how he would like to run NASA if he is confirmed as its new Administrator. He recently completed a questionnaire submitted to the Senate Commerce, Science and Transportation Committee as it prepared to hold a confirmation hearing for the Tulsa Representative. Bridenstine, …
While Hurricane Harvey battered Houston last month and this month, attorneys hunkered down in a downtown office building putting the finishing touches to a $1.4 billion sale of oil and gas assets in North Dakota’s Williston Basin. As the Texas Lawyer reported, the attorneys were from two firms attempting to wrap up the sale by …
Trading in Oklahoma City’s Chesapeake Energy captured the eye of one national firm that focuses on the financial markets. Market Realist noted Chesapeake Energy was the S and P 500’s top gainer for Sept. 14 as its stock prices rose 4.1%. Trading of its stock finished the day at $4.1, the highest close in a …
Oklahoma City-based Devon Energy is one of those firms reporting its Eagle Ford shale operations in South Texas are back to levels before Hurricane Harvey hit the region. Devon Energy reported its production is at pre-storm levels in the play which was 63,000 boe/day in the second quarter. The total included 36,000 b/d of crude …
Oklahoma Corporation Commission Chairwoman Dana Murphy will be part of a panel at a joint conference this week of the Federal Reserve Bank of Dallas and the Federal Reserve Bank of Kansas City. The conference will be held Friday at Oklahoma City’s Petroleum club and the commissioner will be part of a 1:30 p.m. panel. …
A lawsuit filed over the 2014 death of an oilfield worker near Ardmore went to trial this week in Oklahoma City federal court. It was March 20, 2014 when David C. Simpson, 57 died as he was checking the levels in an oil tank battery owned and operated by Exxon Mobil Corporation and XTO Energy Inc. …
Tulsa U.S. District Court Judge James Payne handed a setback this month to the Pawnee Nation in an oil and gas development fight with the Interior Department and the Bureau of Indian Affairs. He ruled against many of the arguments the tribe had made against BIA approved oil and gas developments it contended resulted in …