New Mexico leaders are creating a new group in connection with New Mexico State University to study the prospects of treating and reusing wastewater from fracking. New Mexico Gov. Michelle Lujan Grisham announced the formation of a produced water “consortium” intended to research and develop polices related to the treatment, reuse and regulation of produced …
September 16, 2019 archive
KCC rejects $93 million Westar Energy rate hike
The Kansas Corporation Commission has denied a request from Westar Energy that would’ve cost its customers about $93 million. The request called for Westar’s customers to bear the cost of the company’s seven-month lease and subsequent purchase of an 8-percent interest in Jeffrey Energy Center (JEC), located near St. Mary’s. “Had it been approved, the …
Quarterly distribution for NGL Energy Partners
Tulsa-based NGL Energy Partners LP has announced a quarterly distribution. The distribution will range from 56 to 60 cents, depending on the type of unit held by the owners. It will be for the quarter ending Sept. 30 and will be paid to the holders of the Partnership’s 9..00% Class B Fixed-to-Floating Rate Cumulative Redeemable …
Tulsa’s SemGroup sold in $5 billion deal
In a nearly $5 billion deal, Tulsa’s SemGroup has been acquired by Texas-based Energy Transfer. It’s deal that will expand Energy Transfer’s crude oil and NGL infrastructure by adding crude oil gathering assets in the DJ Basin in Colorado and the Anadarko Basin in Oklahoma and Kansas. It will also expand Energy Transfer’s crude oil …
Former OIPA president dies
Tim Wigley, the former president of the former Oklahoma Independent Petroleum Association died this month after a brief fight with cancer. He was 56. Wigley headed the OIPA in 2016 after a long career with such groups as the Mississippi Republican Party, the Mississippi Manufacturers Association, the Republican Party of New Mexico, Pac/West Communications and …
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