More oil and gas rigs were lost in the U.S. and in Oklahoma in the past week, according to figures from Baker Hughes Company and the losses reflect more dramatically the impact of the energy downturn in the nation. Oklahoma lost two more rigs, droppin…
Devon Closes South Texas Operation in Houston
Devon Energy confirms it is closing its Houston area offices, affecting about 60 workers. The move comes about a month after the Oklahoma City-based energy firm announced a cutback of 20 percent of its total workforce. The layoffs in February af…
Hunereds of Millions in $ Handled By DEQ and Water Resources Board
A recently-completed audit of the State government of Oklahoma for 2015 shows we’re talking some serious money handled by the Oklahoma Water Resources Board and the Department of Environmental Quality.
The audit conducted by State Auditor and Inspecto…
Monthly Survey Shows Only Slight Improvement in Regional Economy
A survey of supply managers in Oklahoma and 8 other midwestern states shows only a slight improvement in the regional economies, according to the Mid-American Business Conditions Index compiled by Creighton University economist Ernie Goss. He said desp…
Cities, States and Environmental Groups Side with EPA in Clean Power Plan Fight
Oklahoma Attorney General Scott Pruitt and the other attorneys generals from 28 states have new opposition in their lawsuit challenging the Environmental Protection agency’s Clean Power Plan, the one put on hold by the U.S. Supreme court.
A coal…
Tallgrass Energy Expands Natural Gas Pipeline Holdings
Tallgrass Energy based in Leawood, Kansas is paying $440 million for part of the Rockies Express Pipeline company. The purchase is being made by Tallgrass Development’s wholly owned subsidiary, Rockies Express Holdings, LLC. The firm is acquiring…
Study Leads to Changes in State Bridge Inspections Following Earthquakes
The Oklahoma Department of Transportation says a new study shows it is unlikely that a 4.6 magnitude or less earthquake in the state would damage any bridges or highways.
The $575,000 study by Infrastructure Engineers Inc. validated the State Highway …
Former Transportation Secretary Phil Tomlinson Dies in Shawnee
Former Oklahoma Transportation Secretary Phil Tomlinson died this week in Shawnee. He was 77 and his death prompted Governor Mary Fallin to issue a statement, saying Tomlinson had served the state with “great distinction.”
“He served six years as secr…
SandRidge Debt Grows——Company Slashes Capital Spending by 60 percent
SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year.
The debt for 2015 g…
Feds order Firms to Cough up $1.5 million for Not Paying OT to Oilfield Workers
Some 241 oil well service workers in Texas and New Mexico are being paid a total of $1.5 million, including $750,000 in back wages following a federal government investigation into the oil and gas sectors in both states.
Nova Mud Inc., Nova Hard…