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Energy News

Devon Energy declares quarterly dividend

Oklahoma City’s Devon Energy Corp.  announced Wednesday that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2019. The dividend is payable on Dec. 27, 2019, at a rate of $0.09 per share based on a record date of Dec. …

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Indictments are made over Oklahoma firm’s power contracts in Puerto Rico

A former President of a subsidiary of Oklahoma City’s Mammoth Energy Services was indicted on bribery charges this week along with two FEMA officials in connection with the power restoration on Puerto Rico following Hurricane Maria. Prosecutors contend bribes were offered in order for the company to obtain nearly $2 …

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WPX moves to buy back $450 million in senior notes

  Tulsa’s WPX Energy has launched a bid to buy back $450 million in Senior Notes sold earlier.  And the buy-back amount could be increased, according to the announcement by WPX Energy. The offer was for outstanding 6.000 percent senior notes due 2022 and 8.250 percent senior notes due 2023. …

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Tough choice for Democratic Presidential candidates in Minnesota

Democratic presidential candidates find themselves between a rock and a hard place when it comes to Minnesota voters where there’s a fight over a crude-oil pipeline. They have to choose between what environmentalists want and what the trade unions demand. The Associated Press reports progressive candidates Elizabeth Warren and Bernie …

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Study claims gas-fired power plants will soon be out-dated

Natural gas-fired power plants, which have crushed the economics of coal, are on the path to being undercut themselves by renewable power and big batteries, a study found. Bloomberg News reported the Rocky Mountain Institute study determined that by 2035, it will be more expensive to run 90% of gas …

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Oklahoma Space Industry Development board to meet Wednesday

  Oklahoma Space Industry Development Authority Wednesday, September 11th, 2019 1:30pm Oklahoma Department of Transportation – Commission Room 200 N.E. 21st Street Oklahoma City, OK 73105 ITEMS TO BE PRESENTED CALL TO ORDER INTRODUCTION OF GUESTS AGENDA ITEMS TO BE PRESENTED BY OSIDA SECRETARY – BAILEY J. SIEGRIED 1533. MINUTES …

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Permits to drill for September 9, 2019

Permits to drill issued for September 9, 2019. Oklahoma CountyVENCL #29, September 09 2019 31 11N 2W NESENWSE API: 10922476 Lat: 35.382302086305614, Long: -97.44617034077548 STEPHENS & JOHNSON OPERATING CO DH, DR, 6800 ft, HOOVER 4110 6 TULIP(CREEK), TONKAWA(4300), LAYTON(5030), OSWEGO(6240), PRUE(6300), MCLISH(6520) Seminole CountyLARNEY #1-24H, September 09 2019 24 10N 6E …

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Completion reports for September 9, 2019

Completion reports filed on September 9, 2019. MAJOR COUNTY Fairway Resources Operating Iii Llc32 22N 13W Ricky T Swd 1-32, November 27, 2018 SH, COMM, TD: 9285 ft Lat: 36.33649, Long: -98.61538 API: 35093250970000 PITTSBURG COUNTY Newfield Exploration Mid-con Inc24 5N 13E Payden 3h-12xx, September 25, 2019 SH, DRY, TD: 371 ft Lat: …

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Oklahoma and other states begin antitrust probe of Google

The growing multitude of stories of how Google might be spying on its customers resulted in Oklahoma and 49 other states and territories on Monday announcing the start of an antitrust investigation of Google. The Washington Post reported that only California and Alabama did not sign onto the movement that …

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