Midland, Texas based Clayton Williams Energy, Inc. has announced he sale of $150 million in shares to funds managed by Ares Management, L.P. The sale involves 5,051,100 shares of common stock in the firm whose operations stretch into Oklahoma. Proceeds will be used to provide more liquidity for potential debt reduction transactions related to …
Phillips 66 Partners LP has announced it’s acquired another 2.5 percent equity interest in Tulsa-based Explorer Pipeline company. The purchase results in Phillips owning 22 percent of Explorer which is owned by subsidiaries of American Capital Strategies Ltd, Phillips66, Marathon, Sunoco Logistics and Shell. Neither side disclosed any terms of the purchase. Explorer operates a …
Oklahoma U.S. Sen. Jim Inhofe is asking Environmental Protection Agency Director Gina McCarthy to correct her lack of geographic diversity on the list of candidates she nominated to serve on one of the agency’s advisory committees. In a recent letter, he pointed out how she has had a problem in making appointments in the past …
In a lawsuit filed in California by a coalition of environmental and public-health groups, it is alleged the Environmental Protection Agency failed to enforce 16 states and the district of Columbia to finalize plans to reduce ozone pollution. Oklahoma is not one of them. “Millions of people are relying on the EPA to protect them …
Any state that relies heavily on oil and gas gross production taxes for state revenue has felt the impact of the drop in oil prices over the past two years. Oklahoma has. So has Texas. And North Dakota finds fuel tax collections for the State’s Transportation Department are taking a hit with fewer vehicles on …
Turns out undercover police officers were in the crowd of oil and gas protesters who demonstrated peacefully last May in the Denver suburb of Lakewood. Police at Lakewood deny they were there to target the protesters but simply to provide information to commanders. The Associated Press says the department claims the undercover operators were not …
The STACK keeps on delivering for Oklahoma City’s Devon Energy and Houston-based Newfield Exploration while Tulsa’s Petroquest reports five more gas wells in gas-rich southeastern Oklahoma. As indicated by the latest completion reports revealed on OK Energy Today, Devon Energy’s hit a well producing more than 1,600 barrels of oil daily in Blaine county. The MARMOT …
Two groups of individuals voluntarily dismissed their lawsuits against Oklahoma City-based oil and natural gas companies on Thursday, but pledged to refile their claims soon, according to a NewsOK report issued by Adam Wilmoth. In February, Lisa Griggs and April Marler as well as Brenda and Jon Darryn Lene filed lawsuits in Logan County, Oklahoma …
The Nuclear Regulatory Commission is seeking public input in developing the agency’s strategic plan for fiscal years 2018-2022. The NRC will hold a meeting on Wednesday, July 27 beginning at 9 a.m. at the agency’s headquarters in Rockville, Maryland. A webinar is also available for public participation. The NRC staff will consider the perspectives and …
Constitution Pipeline Co LLC asked the Federal Energy Regulatory Commission on Friday for a 24-month extension to construct its 124-mile, 30-inch diameter interstate pipeline from Susquehanna County, Pennsylvania to a proposed interconnection with Iroquois Gas Transmission System, L.P. in Schoharie County, New York, according to a statement made available by the FERC. Tulsa-based Williams Partners, …
