December 21, 2016 archive

NGL Energy Acquires Murphy Energy Bankruptcy Key Assets for $51 Million

Tulsa-based NGL Energy Partners LP made a strategic big play when it announced Tuesday that the company paid nearly $51 million for certain assets from the Murphy Energy Corporation bankruptcy case. “We are excited to add the Port Hudson Terminal and Kingfisher Facility to our asset base as we continue to expand our midstream presence …

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More Than $7.5 Million in Energy Efficiency Incentives Paid by OG&E in 2016

OG&E paid more than $7.5 million in energy-saving incentives so far during 2016, according to a company press release issued Wednesday. That figure reflects 750 projects among large commercial and industrial facilities, schools and government buildings and small businesses. The combined energy savings was more than 80 million kWh. Cash-strapped secondary schools in Oklahoma have received …

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Oklahoma and Arkansas Post Lowest Gas Prices in Nation, Says AAA

Despite gasoline prices going up, Oklahoma continues to have one of the lowest gasoline prices in the U.S. as the statewide average rose by six cents since last week, according to the latest report from AAA Oklahoma. The new average is up 14 cents since November 14. “Our Oklahoma average today of $2.02 per gallon …

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Permits to Drill December 22, 2016

  Blaine County COMPTON #4-2-35XH, December 20 2016 11 15N 11W NWNENWNW API: 01123699 Lat: 35.7967944669977, Long: -98.34597016695584 CONTINENTAL RESOURCES INC HH, AM, 21503 ft, MISSISSIPPI LIME(10943) Blaine County COMPTON #3-2-35XH, December 20 2016 11 15N 11W NWNENWNW API: 01123698 Lat: 35.79679447045512, Long: -98.34612190226952 CONTINENTAL RESOURCES INC HH, AM, 21688 ft, MISSISSIPPI LIME(11128) Blaine County …

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Bush Backs Pruitt to Lead EPA….says he’s Not an Anti-Science Boogeyman

To read what former Presidential hopeful Jeb Bush says of Scott Pruitt picked to head the EPA in a Donald Trump administration gives a reader no doubt about what he thinks Pruitt. “I cannot think of a person more suited to lead the Environmental Protection Agency than  Oklahoma Attorney General Scott Pruitt,” said Bush writing …

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Inhofe Says Change is Needed at EPA and It’s Not an Attack on the Environment

Oklahoma U.S. Sen. Jim Inhofe says it is time for change at the Environmental Protection Agency and the call for change is not an attack on the environment but a conscious decision to move away from the unlawful means used by the Obama administration to implement policies rejected by Congress and the American people. Writing …

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SandRidge Energy Hit with $1.4 Million Fine by SEC

Oklahoma City-based SandRidge Energy has been hit with a $1.4 million fine by the Securities and Exchange Commission for retaliating against a whistleblower and forcing hundreds of laid-off workers to sign confidentiality agreements. The SEC announced the action this week, explaining that SandRidge violated SEC laws beginning in the summer of 2011 when it forced …

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No Complaints from Oil and Gas Group About New Earthquake Rules

The significance of this week’s new earthquake rules announced by the Oklahoma Corporation Commission is not lost on Chad Warmington, head of the Oklahoma Oil and Gas Association. For the first time, state regulators are linking earthquakes to fracking, not wastewater injection wells. Consider it a preventive step by the Commission as it attempts to …

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