July 2016 archive

House Interim Studies to Include Focus on Oil and Gas Drilling and Wastewater Options

Oklahoma House Speaker Jeff Hickman on Monday approved 71 interim studies requested by State Representatives. He chose to combine 32 of the 71 requested studies to make 13 individual studies, setting the state for 52 difference hearings if all of the interim study requests are heard. Two requests focus on oil and gas drilling and …

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MIDSTREAM and DUG Eagle Ford Conferences Join Efforts in September

Two energy conferences in one.  It’ll be in San Antonio in September when the DUG Eagle Ford conference is joined by the MIDSTREAM Texas conference. Both will be held Sept. 12-14 at the Gonzalez Convention Center in San Antonio. Some of the confirmed speakers include Brandon Seale, President of Howard Energy Mexico; Michele F. Joy, …

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Enable Midstream to Release Quarterly Results Aug. 3

Second-quarter 2016 financial results are to be released next month by Oklahoma City-based Enable Midstream Partners, LP. The company plans to release them before market hours on Wednesday, Aug. 3 and then hold a conference call at 9 a.m. Oklahoma time on the same day to discuss the results. Enable’s assets includes 12,400 miles of …

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International Drilling Rig Counts Down for June

  While Oklahoma and the nation saw increased drilling rig counts in the past week, the June numbers also released by Houston-based Baker Hughes Incorporated showed an international rig count drop of 28 from May to June. The June count stood at 927, a decline of 219 from the 1,146 reported in June 2015. The …

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OGE Loses Appellate Battle on “Rights of First Refusal” in Transmission Case

The U.S. Court of Appeals for the District of Columbia Circuit ruled against Oklahoma Gas & Electric and other Southwest Power Pool utilities in a ruling that allows competitive bidding for transmission projects, according to a report published in The Oklahoman. The three-judge panel issued its decision on July 1 after oral arguments on May 4. The …

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WTI, Brent Settle Higher on Friday, Lower for the Week

Oil futures ended slightly higher on Friday, while crude experienced its largest weekly loss since early February, according to a Bloomberg MarketWatch report. On the New York Mercantile Exchange, August West Texas Intermediate crude rose 27 cents, or 0.6%, to end trading at $45.41 a barrel. Prices fell 7.3% overall for the week. On London’s …

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DCP Midstream Closes Tulsa Office as Part of Corporate Restructuring Efforts

Denver-based DCP Midstream LLC, the midstream segment’s largest natural gas processor, confirmed that it has closed its Tulsa office, according to a news report published by The Tulsa World on Saturday. Jerry Barnhill, a senior vice president for the midstream company, said shutting down the Tulsa office affected about 100 employees. Barnhill said the closure …

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Williams Announces Date for 2016 Annual Meeting

The Williams Companies, Inc. announced that its 2016 Annual Meeting of Stockholders will be held on Wednesday, November 23, 2016. Stockholders of record at the close of business on October 7, 2016 will be entitled to vote at the Annual Meeting, according to the company’s press release issued on Friday. Stockholder proposals must be submitted …

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Former City Manager is Named OIPA’s “Member of the Year”

  Blu Hulsey, vice president of government relations and regulatory affairs at Oklahoma City’s Continental Resources, has been named Member of the Year by the Oklahoma Independent Petroleum Association. Hulsey was recognized by the OIPA for his work in leading industry efforts to repeal the nation’s ban on crude oil exports. Leading a coalition of …

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Rig Counts Grow in Oklahoma and the U.S.

The rig count gain for Oklahoma was only one in the past week, but at least the state joined the total U.S. count in making an addition of oil and gas  rigs. Oklahoma’s count inched up slightly to reach 59 rigs while the nation’s count increased by 9 to hit 440. Nationally, the increase included …

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