More investors sought by ONEOK

    The day ONEOK’s stock saw a $1.30 jump for a more than 3% gain, the company announced intentions to seek more and new investors. ONEOK, Inc. said Monday it will take part in the UBS Infrastructure and Energy Virtual Conference Jan. 12 and 13 The conference is one of more than 300 held …

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Bankruptcy protection sought by Kansas based Ferrellgas Partners

    A month after it said it would file bankruptcy, the Overland Park, Kansas based energy company Ferrellgas Partners, supplier of those Blue Rhino propane tanks took Chapter 11 bankruptcy action this week. The company leadership filed for restructuring with a prepackaged plan with creditors which would allow the firm to refinance $1.5 billion …

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OEPA chairman says legislators and regulators should not ignore oil and gas industry

The chairman of the Oklahoma Energy Producers Alliance suggested that it’s time the legislature and state regulators of the oil and gas industry recognize what has happened to the industry and the state because of the COVID-19 pandemic. And he notes when the industry asked for help, it didn’t get it. In response to questions …

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Drilling permits and completion reports issue resolved?

  We believe the issue is not being able to report the newest drilling permits and completion reports from the Oklahoma Corporation Commission has been resolved. The first of the latest documents, those from Friday, Jan. 8, 2021 were made available on Monday and immediately posted. We appreciate your understanding regarding the matter while efforts …

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Public nuisance lawsuits against oil and gas industry to be heard by Supreme Court

  The EPA biofuel waivers fight waged by Oklahoma’s Wynnewood Refining Co. wasn’t the only oil and gas case that the U.S. Supreme Court said on Friday it would hear. It also agreed to hear a case involving public nuisance lawsuits against oil and gas companies, according to POLITICO. Here’s how POLITICO reported the story: …

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NGL Partners contributes to New Mexico study of reusing produced water

  Research funded in part by a $1 million contribution from Oklahoma’s NGL Energy Partners is underway in New Mexico into the treatment and reuse of produced water from oil and gas drilling in the state. The project is called the New Mexico Produced Water Research Consortium which is made up of New Mexico State …

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Biden outsmarted by oil and gas industry?

  Even if President-elect Biden moves ahead with curbing new drilling on public lands in the west, it appears energy companies have a large enough of a stockpile to keep drilling and pumping oil for years. That’s according to public records reported the Associated Press. The AP analyzed government data showing the permit stockpiling is …

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Energy news in brief

** Eight people were arrested over the weekend in northern Minnesota as a couple hundred people gathered to protest construction of the Line 3 pipeline replacement reported MPR News. ** Senate Energy and Natural Resources Committee Chairman Lisa Murkowski (R-Alaska) said she is questioning her place in the Republican party and that President Donald Trump should resign immediately in light …

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Shawnee voters to decide on ONG contract

  The 25-year franchise agreement that Oklahoma Natural Gas has with the city of Shawnee, Oklahoma will go before voters on Tuesday. They will decide whether to renew the contract which expired in October 2020, according to the Shawnee News-Star. Click here for the story from the Shawnee News-Star.

100 years since oil was discovered in El Dorado, Arkansas

  The century mark was hit this week when oil was discovered in the southern Arkansas city of El Dorado eventually making it the oil capital of the state. The well was drilled on Jan. 10, 1921 and a day later, a geyser of oil forced workers to scramble for cover. Click here for more …

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