April 2017 archive

Kansas City Area Company Makes $400 million Pipeline Acquisition

A $400 million deal means increased ownership in the Rockies Express Pipeline LLC by Leawood, Kansas-based Tallgrass Energy Partners, LP. The purchase of 24.99 percent was made from Tallgrass Development AP and gives Tallgrass Energy a nearly 50 percent interest in the line. The deal will also result in Tallgrass Energy getting part of a …

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Economic Survey Finds Strong Conditions Exist in Oklahoma and 8 Other Midwestern States

Despite a slight dip in economic conditions in Oklahoma and 8 other states, the latest Mid-America Business Conditions Index is still indicating growth and strength, according to Creighton University economist Ernie Goss. The overall economic index for the nine Midwest and Plains states dropped to 60.1 in March from 60.5 in February, the first decline …

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WTI and Brent Crude Finish Week Above $50 a Barrel on Friday

Crude oil future settlements remained above $50 a barrel on Friday as domestic prices held their ground for the past three weeks despite a quarterly loss of nearly 6%, according to Bloomberg MarketWatch. May WTI crude┬árose 25 cents, or 0.5%, to settle at $50.60 a barrel on the New York Mercantile Exchange. Prices finished about …

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Permits to Drill April 3, 2017

  Beaver County BEEGLE (BEEGLE 1) #1-10 RE, March 31 2017 10 1N 25E NESWSENE API: 00723067 Lat: 36.567249465783455, Long: -100.34621062024667 STRAT LAND EXPLORATION COMPANY SH, RE, 8500 ft, DOUGLAS (TONKAWA)(5906), LANSING-KANSAS CITY(6750), MORROW UP(7836), MISS’AN (CHESTER)(8300) Beckham County BARNETT 29/28-11-21 #3H, August 31 2016 33 11N 21W NWSWNWNW API: 00921981 Lat: 35.39088766278884, Long: -99.43437183639807 …

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Nation’s Oil and Gas Rig Count Grew by 15 in past week—-While Oklahoma Stayed at 118

  The nation’s oil and gas rig count continued to grow last week as 15 more rigs were added reaching a total of 824 while Oklahoma’s count remained at 118, according to the Baker Hughes Company of Houston. The new national count saw 10 more rigs added to the oil rig count which is up …

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