Dakota Access Hunting for North Dakota Customers

  Dallas-based Energy Transfer Partners, L.P. is hunting for customers of its Bakken pipeline in North Dakota including the newly-opened Dakota Access line. Together with Energy Transfer crude Oil Company, LLC, the firms have launched a Binding Supplemental Open Season to solicit shipper commitments for transportation service for Bakken/Three Forks production. Dakota Access and Energy …

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Kansas City Area Company Makes $400 million Pipeline Acquisition

A $400 million deal means increased ownership in the Rockies Express Pipeline LLC by Leawood, Kansas-based Tallgrass Energy Partners, LP. The purchase of 24.99 percent was made from Tallgrass Development AP and gives Tallgrass Energy a nearly 50 percent interest in the line. The deal will also result in Tallgrass Energy getting part of a …

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Economic Survey Finds Strong Conditions Exist in Oklahoma and 8 Other Midwestern States

Despite a slight dip in economic conditions in Oklahoma and 8 other states, the latest Mid-America Business Conditions Index is still indicating growth and strength, according to Creighton University economist Ernie Goss. The overall economic index for the nine Midwest and Plains states dropped to 60.1 in March from 60.5 in February, the first decline …

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Nation’s Oil and Gas Rig Count Grew by 15 in past week—-While Oklahoma Stayed at 118

  The nation’s oil and gas rig count continued to grow last week as 15 more rigs were added reaching a total of 824 while Oklahoma’s count remained at 118, according to the Baker Hughes Company of Houston. The new national count saw 10 more rigs added to the oil rig count which is up …

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Energy Bills to get House Committee Hearings Monday

Some energy-related bills are going before a State House Appropriations and Budget committee on Monday. SB475 by Senate President Mike Schulz deals with the state’s gross production tax and the required filing of certain reports. The bill calls for reports to be filed disclosing the actual soil of oil on which the 12.5% gross production …

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Layoffs at ConocoPhillips in Bartlesville Following $13 billion Canadian Deal

  The sale of its heavy crude and gas operations in Canada means ConocoPhillips will lay off 170 jobs at its Bartlesville offices. Most of the layoffs will involve finance positions but corporate officials have yet to offer detailed explanations. The nearly $13 billion deal was with Cenovus Energy which is paying $10.6 billion in …

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Tulsa’s Williams Partners Makes $200 million Swap of Gathering Systems

In a $200 million dollar deal with three other firms, Tulsa-based Williams Partners L.P. has increased its holdings in two gathering systems. Williams wrapped up the separate transactions this week with Western Gas Partners, LP, Anadarko Petroleum Corporation and Energy Transfer Partners, L.P. of Dallas. The deal includes $200 million paid to Williams Partners and …

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Energy Transfer Makes $300 million Investment in Sunoco Convenience Stores

Even as Energy Transfer Equity, L.P. prepares to be fully operational with its $3.8 billion Dakota Access pipeline, the Dallas company has completed investing $300 million in Sunoco L.P., a firm that operates more than 1,300 convenience stores across the country. The investment is a purchase of shares in Sunoco’s Series A Perpetual Preferred Units. …

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Tulsa’s Crosby Group Hires New CFO and Vice President

Oilfield equipment manufacturer The Crosby Group in Tulsa announced the hiring of Laura Murphy-Wolf as Vice President and Chief Financial officer. Her hiring was effective March 31. She most recently was the CFO of Faro Technologies, a leading global 3D measurement, imaging and realization technology company. She previously spent six years in senior financial positions …

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Nebraska Starts Public Comment Period on Keystone XL Pipeline Request

Nebraska state leaders have started accepting comments from those for and against TransCanada’s plans to build the Keystone XL pipeline through the state. The Nebraska Public Service Commission just started an 8 to 12-month review of the pipeline and plans public hearings beginning this month and continuing through June. One group’s ginning up opposition. It’s …

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