Those highways and bridges where oil and gas trucks and big rigs hauling wind farm blades travel in Oklahoma are the target of an 8-year Construction Work Plan approved Monday by the Oklahoma Transportation Commission. The DOT said major improvements have already been made through the Eight-year Construction Work Plan but “much work remains …
“We keep scouring through the data to find signs of an impending turnaround, but it’s just not there.” Treasurer Ken Miller on State’s economy. Those August gross receipts to the Oklahoma Treasury still weigh heavily on the mind of Treasurer Ken Miller as he releases his monthly Oklahoma Economic Report. He doesn’t sound optimistic …
The Oklahoma Chapter of the Sierra Club is preparing for its annual chapter gathering set for the weekend of Oct 21 at the Chickasaw National Recreation Area near Sulphur. It begins Friday afternoon at 5 o’clock, with a music mixer. On Saturday, Oct 22 from 9 a.m. to 2 p.m. there will be multiple outing …
Houston-based CenterPoint Energy has rejected an offer for its stake in Enable Midstream Partners from its partner, OGE Energy, according to an Argus news report published on September 29. “There is no material agreement to report at this time,” said William D. “Bill” Rogers, CenterPoint’s chief financial officer and executive vice president. CenterPoint’s 30-day period to consider …
One of the growing legal issues confronting the estate of the late Oklahoma oil and gas mogul Aubrey McClendon focuses on the sale of 18,000 production acres in Oklahoma’s SCOOP and STACK plays. The investment group, Wilmington Trust which is a major creditor in the McClendon probate case, is opposed to the sale because an …
Aubrey McClendon’s widow is attempting to sell their luxury home in Bermuda for nearly $14 million. Called Winsor House, it sits on a cliffside and is officially listed for sale for $13.9 million. Already, it is under contract according to the Royal Gazette. The paper also said that despite the huge price tag, the house …
Newfield Exploration, the Houston-based company with a large presence in Oklahoma’s STACK play has finished its $380 million sale of its oil and gas assets and undeveloped acreage in Texas. The company announced earlier in the year of its plans to unload the Texas holdings so it could focus on the successful STACK. Its Eagle …
Oklahoma City-based SandRidge Energy is expected to come out of bankruptcy in the coming week and already has announced plans to spend an estimated $250 million on 37 wells in the remainder of the year. SandRidge filed Chapter 11 bankruptcy earlier in the year but now plans to embark on an aggressive drilling pattern that …
WASHINGTON – U.S. Sen. Jim Inhofe (R-Okla.), chairman of the Senate Environment and Public Works (EPW) Committee, praised the $5.2 million Department of Energy (DoE) grant awarded to the Ground Water Protection Council in Oklahoma. ‘I applaud the Ground Water Protection Council for being awarded this $5.2 million federal grant, showing that states are …
An Oklahoma man has taken BP America Production Company to U.S. District Court accusing it of defrauding natural gas royalty owners of millions of dollars. John Cecil alleges in his class-action lawsuit (CV-00410) that BP improperly deducted processing costs to make the gas marketable for sale. He accused the company of not paying royalties o …