December 2018 archive

Bison Wraps Up Acquisition of S&S Star Water Solutions

Oklahoma City-based Bison Oilfield Services recently closed its acquisition of S&S Star Water Solutions, a water infrastructure business operating in the state’s SCOOP, STACK and Merge plays, according to a report published by The Oklahoman. Financial terms were not disclosed. Bison’s website identifies the energy services company as “the largest privately held energy services company …

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NGL Energy Partners Completes Sale of Bakken Saltwater Disposal Business to Tallgrass Energy

Tulsa-based NGL Energy Partners LP has completed the sale of NGL Water Solutions Bakken, LLC to an affiliate of Tallgrass Energy, LP for $91 million in cash proceeds, according to a company press release issued on Monday. In mid November, the company revealed it would exit the Bakken saltwater disposal business to focus on other …

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Vectren Merger with CenterPoint Energy to be Completed in 1Q 2019

A Houston energy company with Oklahoma ties is finalizing its merger with an Indiana company. Back in April, CenterPoint Energy announced that it would acquire Vectren Corp. The newly expanded company will continue as CenterPoint Energy with its headquarters office in Houston. The $6 billion deal is expected to close in the first quarter of …

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SemGroup and DCP Midstream Seeking Commitments for Gladiator Pipeline from Cushing to Houston

    Tulsa-based SemGroup Corporation and Denver-based DCP Midstream, LP are teaming up to commence an open season process to solicit binding commitments in developing a new pipeline system to transport segregated, light batches of crude oil originating in Cushing, Oklahoma and terminating in Houston, Texas, according to a joint press release issued on Monday. All …

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Contaminated Sludge Sent from Sequoyah Fuels to Utah Facility

Over 500 truckloads of contaminated sludge were removed from the former Sequoyah Fuels uranium conversion facility in Gore last week, marking the end of a 15-year legal battle, according to a report by The Tulsa World. The sludge will be stored at a Utah site that has already received more than 10,000 tons of nuclear …

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Proposed Class Action Settlement Over 2011 Lincoln County Earthquake

Three of the defendants in an earthquake class-action lawsuit are settling out of the Lincoln County case for $925,000, according to an announcement by the plaintiffs’ legal counsel on Thursday. Angeion Group and Poynter Law Group of Little Rock, Arkansas filed the lawsuit in 2015 (Cooper v. New Dominion, Spess Oil Company, et al., Case …

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Rig Count: Oklahoma Up One, Nation Down by Three

The latest weekly oil and gas rig count revealed a drop for the nation and Kansas while Oklahoma was the only state to see a rise, according to Houston-based Baker Hughes Company. Oklahoma added a rig for a new count of 145 compared to the 122 active rigs from a year ago. The U.S. rig …

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OGE Energy Corp. Adds State Treasurer Ken Miller in VP Role

After serving eight years as the state’s top elected financial officer, Oklahoma Treasurer Ken Miller will transition to a leadership role as OGE Energy Corp.’s vice president of regulatory and state government affairs in January, according to a company press release issued Thursday. “He is an established and respected state leader who has enjoyed an …

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