December 20, 2018 archive

USGS says earthquakes are ‘pervasive’ in Oklahoma

As OK Energy Today has been reporting on the nearly-daily number of small earthquakes in Oklahoma, another study by the U.S. Geological Survey concluded those earthquakes triggered by fracking are “pervasive” in the state. A study by the U.S. Geological Survey and other scientists has found that earthquakes triggered by the specific practice of hydraulic …

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BNSF in an oil-tanker fight with the oil industry

The move to create heavier and stronger rail tank cars such as those that carry oil through Oklahoma has led to a battle developing between Burlington Northern Santa Fe and the oil industry. Burlington Northern Santa Fe has started charging oil companies and refineries a premium to use refurbished cars on its tracks. The rail …

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Lawsuit blames gas pipeline leaks for deaths of trophy deer

A lawsuit’s been filed in East Texas blaming a natural gas pipeline leak for the deaths of 40 trophy deer at a breeding operation near the Sam Houston National Forest. The suit was by in Liberty County by Monty Mullenix and Greg Buford against the Tennessee Gas Pipeline Co., which is a subsidiary of Kinder …

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Congressman says ‘war on Christmas is over’

Okay. Okay. It doesn’t have much to do with energy in Oklahoma. No oil and gas. Nothing about wind farms or electrical utilities. Still, what Oklahoma U.S. Rep. Markwayne Mullin, who is a member of the House Energy and Commerce Committee, recently wrote might be of interest to our readers. In it, he declared “the …

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Chesapeake’s Chairman Emeritus picks up another 1 million shares in the company

A new SEC filing by Oklahoma City’s Chesapeake Energy revealed a more than 1 million share purchase by director Archie W. Dunham. The filing with the Securities and Exchange Commission on Thursday showed he had made the acquisition of 1,200,000 shares on Dec. 18, 2018. The purchase also left Dunham with a total holding of …

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NGL makes $239 million sale of some of its saltwater operations in West Texas

NGL Energy Partners LP based in Tulsa has made a nearly $239 million sale of some of its saltwater disposal operations in West Texas. The company said the South Pecos Water Disposal Assets are being sold to a subsidiary of WaterBridge Resources LLC for $238.8 million in cash. The sale includes nine saltwater disposal facilities …

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SpiritAero Systems announces $80 million expansion and 250 new jobs in Tulsa

Wichita, Kansas-based Spirit AeroSystems is expanding its Tulsa operations to the tune of $80 million and 250 new jobs. The company announced Wednesday it intends to expand next year in order to increase production of fuselages for the Boeing 737 aircraft. The multi-year expansion project, which begins in 2019, was achieved in partnership with the …

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More money available for Oklahoma state budget—how will it affect the energy industry?

It’s not the final figure for the Oklahoma legislature, but the State Board of Equalization certified an extra $612 million to spend in the 2020 fiscal year. And it’s a move that will no doubt impact how the state deals with energy issues including the gross production tax on oil and gas and taxes on …

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