Even as a Phillips 66 Partners pipeline is under construction the Permian Basin, the company is expanding its capacity. The company announced it will expand the Gray Oaks crude pipeline to 900,000 b/d because of the strong demand to move Permian crude to the US Gulf Coast. “The Partnership is constructing the Gray Oak Pipeline, …
Houston’s Cheniere Energy Inc., the nation’s biggest buyer of gas has asked the U.S. Federal Energy Regulatory Commission for authorized to begin construction on the $1 billion Midship natural gas pipeline in Oklahoma. The company made the request on Friday as it wants to start work on the 234-mile pipeline in three segments, hoping to …
Gasoline prices across the U.S. and in Oklahoma dropped again in the past week, reaching a new statewide average of $2.55 a gallon and a national average of $2.82. AAA Oklahoma and Gasbuddy each report drops in state prices with Gasbuddy indicating the Oklahoma City average this week dropped a dime to reach $2.38 per …
Houston’s Cheniere Energy Partners, L.P., the company awaiting approval to build a $1 billion pipeline in Oklahoma’s STACK and SCOOP plays has declared a third quarter cash distribution. The distribution amounts to 58 cents per share or $2.32 on an annual basis and applies to unitholders of record as of Nov. 5, 2018. The distributions …
A third-quarter cash dividend has been declared by Alliance Resource Partners, L.P. in Tulsa. The board of directors of ARLP’s general partner declared a dividend of $0.525 per unit which figures to an annualized rate of $2.10 per unit. It will be payable on Nov. 14 to all unitholders of record as of the close …
Oklahoma City’s Blueknight Energy Partners, L.P., the company with millions in oil storage at the Cushing Hub as well as asphalt operations in 26 states plans to release its third quarter 2018 financial results on Wednesday, Oct. 31. The company will make the results known after the close of markets, then hold a conference call …
West Texas was shaken by two earthquakes over the weekend, each in the Permian Basin where there has been massive oil and gas exploration. The first measured 2.9 magnitude and occurred early Saturday morning at 2:49 near the town of Coyanosa, which is located about 66 miles west of Odessa, Texas. The U.S. Geological …
The number of oil and gas rigs remained at 141 in Oklahoma in the past week compared to the previous week. Nationally, the count increased by one to reach 1,068. The national count saw a growth of 2 more oil rigs to reach 875 while the number of gas rigs fell by one to land …
Permits to drill for Oct. 26, 2018. Alfalfa County RBS FAMILY 13-25-11 #1H, October 26 2018 13 25N 11W NENWNWNE API: 00323347 Lat: 36.65156377172021, Long: -98.33137487147404 BCE-MACH LLC HH, DR, 10464 ft, MISSISSIPPIAN(5775) Alfalfa County PORTER 33-26-11 #2H, October 26 2018 33 26N 11W NWNENWNE API: 00323345 Lat: 36.69497709740541, Long: -98.38406989220886 BCE-MACH LLC HH, DR, 10638 ft, …
Completion reports for Oct. 26, 2018. GARVIN COUNTY Continental Resources Inc Sycamore – Woodford: Oil 542 Gas 798 Water 1832 Flow 27 1N 1W Wiley 1-27-28xh, March 24, 2018 HH, OIL, TD: 19693 ft Lat: 34.53201, Long: -97.29178 API: 35049251670000
