Rig counts in Oklahoma and across the U.S. rose in the past week with Oklahoma adding 3 more to reach a total of 76 working rigs. Nationally, the count reached 569 with an additional 12 rigs, according to numbers from Houston, Texas-based Baker Hughes. However, the numbers vary greatly since Baker Hughes reports no …
Kansas City, Missouri-based Great Plains Energy reported third quarter earnings of nearly $133 million or $0.86 per share of average common stock outstanding. The $132.7 million in earnings compared to the $126.4 million in the third quarter of 2015 when they were also $0.82 per share. For the first nine months of 2016, the …
A man whose telephoned bomb threat forced the evacuation of a company at Tulsa’s Port of Catoosa is headed to prison for the next four years. Robert Dwayne Perry of Muskogee was sentenced Thursday in Rogers County District Court for making the threat to the Linde Corporation on Jan. 30, 2015. He called 911 and …
Tulsa-based Public Service Company of Oklahoma has announced the renewal of a partnership to promote regional economic development and one that provides financing to fund PSO’s ongoing capital needs. PSO has teamed up with regional and local banks to renew its senior unsecured three-year term loan providing $125 million in financing for PSO’s electric system …
Engineer Bob Jackman admits it. He’s a long time critic of the Oklahoma Corporation Commission and the office of governor Mary Fallin over their handling of the state’s response to injection wells and earthquakes. Now he’s raising the question why the state is not employing satellites in monitoring any pattern changes of earth, especially …
Oklahoma City-based LSB Industries, Inc. announced an adjusted net loss of $57.3 million, or $2.12 cents per diluted share for the third quarter of 2016, according to the company’s earnings statements issued Thursday. In a separate announcement, LSB indicated that it is evaluating the possibility of a sale or merger as it expects only modest …
The Oklahoma Corporation Commission signed off Thursday on a $1 million settlement with Oklahoma Natural Gas company following a January residential gas explosion in Oklahoma City. As part of the deal, first reached Oct. 11, ONG won’t be allowed to rate the rates of customers forcing them to pay for the settlement of $1.010,000. Administrative …
This weekend marks the 5th anniversary of the historic Prague, Oklahoma earthquake, the one that rattled TV sports announcers during a live broadcast of an Oklahoma State University football game, the one that left heavy damage to St. Gregory University in Shawnee and the one that left homes badly damaged and some people injured in …
The conversation that OK Energy Today had recently with Pawnee Nation executive director Andrew Knife Chief is worth continuing as he expressed his concerns over a lack of full cooperation he wants with the Oklahoma Corporation Commission and the Oklahoma Water Resources Board. “It has been a long and tortured process for us to get …
A new $17 million Interstate 40 interchange will be dedicated Thursday morning at El Reno. Gov. Mary Fallin will be joined by other dignitaries in dedicating the project that began four years ago with a vow from Oklahoma City-based Chesapeake Energy to contribute land for the creation of the Radio Road interchange. “It’s a rare …