The latest large oil well to be drilled in Oklahoma’s STACK started producing more than 1,700 barrels of oil a day when it was completed in June. Houston-based Marathon Oil hit the Ruthie (15 16N 9W) in Kingfisher county. The spud date was February 18 and drilling finished March 31 with completion made June …
A federal court has issued a ruling that could eventually mean a new owner for Texas-based Oncor Electric Delivery. The U.S. Bankruptcy Court for the District of Delaware approved a merger deal between Energy Future Holdings and Sempra Energy. It’s considered to be a key move toward securing new ownership for EFH subsidiary Oncor. Sempra …
At least one government agency is waving the caution flag as the government moves quickly for the development of driverless cars by automakers. The National Transportation Safety Board came out with its warning this week after investigating a fatal crash in Florida of a Tesla system which was said to have “played a major role” …
While oil and gas revenues have helped shore up Oklahoma’s revenue collections over the past year, one state legislator is proposing to expand Indian gaming in the state. Rep. Kevin Wallace, chairman of the House Appropriations and Budget Committee wants to add routlette and dice games to the legalized gambling in the state. He also …
Oil and gas tax revenue once again led the way in helping Oklahoma’s general revenue fund collections increase in August. Preston Doerflinger, Secretary of Finance, Administration and Technology said gross production tax collections totaled $19.9 million or $3.5 million than the estimate. That’s a 21.3 percent increase. The August oil and gas revenue collections were …
Placing an emphasis on replacing old and obsolete natural gas pipelines, the Kansas Corporation Commission made it clear this week what it expects from three gas companies in the state. Commissioners told Atmos Energy, Black Hills Energy and Kansas Gas Services they should develop plans in the next three months to replace all bare steel …
Oklahoma Congressman Tom Cole says now is the time for Oklahomans and others to support victims of the Hurricanes Harvey and Irma. Writing in a weekly column entitled “Healing After Hurricanes”, the Republican Representative said, “Now it’s time for all of us to have Houston’s and Florida’s backs.” Cole admitted it will be hard to …
Environmentalists staged a recent protest in front of the Dallas, Texas headquarters of Energy Transfer Partners, the company that built and is operating the Dakota Access Pipeline in North Dakota. Dozens rallied at the company’s headquarters then marched to the home of ETP President Kelcy Warren. There, they directed comments to Warren that he is …
The damage inflicted by Hurricane Harvey on Texas Gulf Coast refineries has experts wondering about what Hurricane Irma might have done to storage tanks in Florida. In Texas, more than two dozen storage tanks holding crude oil and gasoline and other contaminants ruptured or failed. In one unconfirmed case, a company emptied its tanks then refilled …
Valero Energy Corp. is pushing ahead with the restart of its Port Arthur, Texas refinery even after it experienced a disruption and emissions over the weekend. The restart came after the refinery was shut down when Hurricane Harvey hit the coast. “Unit upset during startup activities following Hurricane Harvey,” the refinery said in a …