August 2, 2019 archive

Williams seeks feds’ approval of $531 million pipeline extension in Pennsylvania

Williams announced Friday that its Transco interstate pipeline has filed an application with the Federal Energy Regulatory Commission seeking authorization for its $531 million Leidy South project, which is proposed to connect supplies of natural gas in the Marcellus and Utica producing regions in Pennsylvania with markets along the Atlantic Seaboard by the 2021-2022 winter …

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Williams CEO predicts strong natural gas demand

As CEO of Williams in Tulsa, Alan Armstrong says the company’s second quarter earnings saw what he called “very healthy growth” in all key measures. And he has a firm belief in ” strong natural gas demand growth fundamentals that underpin our strategy.” During a recent earnings call after the company posted its report, Armstrong …

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Mixed energy employment in Oklahoma counties for June

The state government says unemployment rates in June were lower than a year ago in 70 of Oklahoma’s 77 counties. They were higher in five other counties and unchanged in two counties according to a break-down of the county rates. The Oklahoma Employment Security Commission reported Alfalfa County where Alva is the county seat had …

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Anti-spoofing move by FCC supported by Attorney General Hunter

Attorney General Mike Hunter commended the Federal Communications Commission for voting to implement rules to ban caller ID spoofing in text messages and international calls. FCC Chairman Ajit Pai originally proposed the rules to the commission in July following the recommendations of a bipartisan coalition of 42 state attorneys general, including Attorney General Hunter, in May. …

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Devon scores big on 3 multi-well paid sites in STACK bringing in more than 8,000 barrels a day

Oklahoma City-based Devon Energy filed completion reports showing oil production totaling more than 4,600 barrels a day on two adjacent multi-well pad sites in Blaine County. But the company had success with total production of more than 11,000 barrels of oil a day in Blaine and Kingfisher counties in the STACK. All four Scott 13_24-16n-10w …

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One analyst isn’t optimistic about Chesapeake Energy’s coming earnings report

As Chesapeake Energy, based in Oklahoma City, prepares to release its second quarter earnings report, one analyst expects the company will report a loss in earnings. The prediction comes from Zacks Equity Research which believes earnings will be down. Chesapeake Energy Corporation CHK is scheduled to release second-quarter 2019 results on Aug 6, before the opening …

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