November 12, 2018 archive

Gulfport Energy’s coat donation comes just in time

Oklahoma City’s Gulfport Energy has donated more than $5,000 in winter coats to school children in Oklahoma City and it came just in time. The contribution came on the day snow hit the metro as representatives of the company handed out the coats to children at the Van Buren Elementary school on SW 40th street. …

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DUG Conference to focus on Oklahoma’s STACK and SCOOP

Oklahoma’s STACK and SCOOP plays will be the focus of this year’s DUG Midcontinent conference in Oklahoma City, sponsored by Hart Energy Conferences. The show will initially begin Tuesday with a Midstream Technical Forum in the Renaissance Hotel starting at 1 p.m. But the bulk of the DUG show will be Wednesday and the opening …

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Colorado’s oil and gas counties helped defeat Proposition 112

  A review by the Denver Post of the defeat of Colorado’s controversial Proposition 112, the increased drilling setback, shows those counties with heavy oil and gas exploration helped kill the measure pushed by environmentalists. Weld County, right in the heart of the state’s most active drilling was 75 percent against it. The proposition called …

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Sand box fight under way in Texas courts

A sand box fight is underway in Texas. Not just any sand box. But a plastic fracking sand box. It’s developed into a multi-million dollar fight originated when SandBox Logistics hired Arrows Up LLC of Illinois to design the container. That was in 2014 and last week, Arrows Up asked a Houston District judge for …

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Oilman Hamm contributes $34 million toward more diabetes research at OU

Billionaire oilman Harold Hamm is giving some of his money toward diabetes research at the OU Medical Center. It was announced over the weekend the Harold Hamm Foundation made a $34 million gift to the Harold Hamm Diabetes Centers at OU Medicine. It is considered to be the largest gift ever to the Center and …

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Mistake leads to DEQ warning about lead and cooper in water lines at Norman elementary school

After issuing a warning last week that lead and copper levels were too high at a drinking fountain of a Norman elementary school, the State Department of Environmental Quality admits it was wrong. There were no such high levels. It was a mistake. A resampling, according to the DEQ showed “no exceedance of lead and …

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Mixed Moody’s assessment of $4 billion Western Gas Partners deal

Pluses and minuses. It’s how Moody’s Investors Service views the $4 billion purchase of Anadarko Petroleum corporation’s midstream assets by Western Gas Partners, LP. In a report, Moody’s called it a credit negative for Western Gas saying it significantly increases the firm’s financial leverage. But because the acquired assets are close to the partnership’s existing …

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NGL unloads Bakken saltwater operations to focus more on the Permian Basin

  Tulsa-based NGL Energy Partners LP announced on Monday the sale of its saltwater operations in North Dakota to an affiliate of Kansas City based Tallgrass Energy LP in a $91 million deal. It’s seen as a move by NGL to develop a stronger focus in the Permian Basin. The NGL Water Solutions Bakken LLC …

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Gasoline prices continue their downward tumble in Oklahoma

Winter isn’t officially here but you couldn’t tell it by the prices at the gasoline pumps. Winter usually means lower prices but they’re already here, reaching an average of $2.39 a gallon in Oklahoma, a 12-cent drop in the past week. AAA Oklahoma reports this week’s average is approaching the $2.36 average one year ago …

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