Friday is the deadline of an extended supplemental open season on Magellan Midstream Partners, L.P.’s western leg of its pipeline system in Texas. The Tulsa-based company recently announced the extension and said binding commitments for transportation volume would be due by 5 p.m. Central Time on Jan. 3, 2020. The extension gave interested shippers additional …
The Oklahoma Corporation Commission plans to move to an updated electronic form reporting for some of the state’s non-commercial disposal and injection wells. The Commission announced the electronic Form 1012 for annual volume reporting on all non-commercial disposal/injection wells will go into effect on Jan. 2, 2020. “This is part of an ongoing effort by the Oklahoma …
The latest filings with the Oklahoma Corporation Commission show where energy companies intend to drill for new oil and gas sources. BCE-Mach LLC based in Oklahoma City received a permit to drill in Alfalfa County where the company has been exploring with other wells. The permit is for Means 13-25-11 #3H to be drilled at …
Chesapeake Energy in Oklahoma City has sold $120 million in senior notes as part of a new credit agreement with 17 banks according to a late December filing with the U.S. Securities Exchange Commission. The move is an apparent refinancing of company debt as the energy firm attempts to avoid insolvency. The December 27, …
The number of oil and gas rigs active in the U.S. dropped by 8 in the past week, reaching a new level of 805 while in Oklahoma, the count grew by one to hit 52 rigs. The Baker Hughes rig count showed the national count included a loss of 8 oil rigs to a total …
Despite the Christmas holiday travel, gasoline prices have held steady or slipped slightly in Oklahoma this week. AAA Oklahoma reports the statewide average of $2.23 per gallon is only one cent less than a week ago and six cents cheaper than one month ago. The national average of $2.55 remains the same as a week …
Production of unwanted natural gas is increasing the Permian Basin where new-well drilling activity is slowing. As a result of the glut of natural gas, profits are being undercut, putting more pressure from investors on the producers. As the wells age in the Permian, the production of natural gas increases while oil production slowly declines. …
When Congress took a break for Christmas and the New Year, it did so without more funding for the historic Route 66 that passes through Oklahoma and other states from Chicago to Los Angeles. As a result, cities and towns in Oklahoma and the other states through which the historic route passes will not get …
The Oklahoma chapter of the Sierra Club is making it clear it will continue to wage a fight against the state’s oil and gas industry in the new year. In a message to club members aking for more money, Oklahoma Chapter President Johnson Bridgwater vowed his group will “be stepping up and pushing back against …
A fight over whether large hog feed lots will contaminate water in two northwest Kansas counties has resulted in a judge declaring the state violated law by issuing permits for the hog operators. The ruling by a Shawnee County Judge in Topeka declared the Kansas Department of Health and Environment broke the law in granting …
