2016 archive

Another Government Delay for Williams and its Atlantic Sunrise Pipeline

The Federal Energy Regulatory Commission has handed another blow to Williams Partners LP over the Tulsa company’s plans for a $3 billion pipeline to carry natural gas to the eastern part of the country. The Commission announced recently that landowners would have until Nov. 14 to comment on the new route alternatives for parts of Williams’s …

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Newfield Talks of Selling Bakken Interests to Finance Expanded Exploration in Oklahoma

  Already with a heavy commitment in Oklahoma’s STACK, Houston-based Newfield Exploration is now talking of possibly selling Bakken Shale assets in North Dakota to finance more drilling in northern Oklahoma. At the same time, the company’s chief executive officer, Lee Boothby offers some cautious optimism, suggesting the company needs more exploration time and a …

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Bankrupt Chaparral Wins Extensions from Delaware Court

  Oklahoma City-based Chaparral Energy has won an extension of its Chapter 11 bankruptcy plan and now will have until January 2017 to finish seeking acceptances from lenders. The U.S. Bankruptcy Court approved the company’s request to extend the period through and including November 9, 2016 and January 9, 2017. The company filed Chapter 11 …

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Neese Named Co-Chair of Trump Small Business Advisory Council

Oklahoma City businesswoman Terry Neese has been named a co-chair of Donald Trump’s Small Business Advisory Council to assist with his presidential campaign. The council is meant to advise Trump on small business issues, including those affecting small energy-related companies whether it be in oil and gas or wind. Dr. Neese is founder of Terry …

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Bernie Wants Work Stopped on Dakota Access Pipeline

Now Vermont Sen. Bernie Sanders is getting involved in the fight to stop construction of the Dakota Access pipeline, the one that has drawn even Oklahoma Native Americans to North Dakota to protest the line. This time, Sanders joined three other Democratic Senators in asking President Barack Obama to personally intervene and stop the pipeline …

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Senator Inhofe’s Energy Bills Included in Clinton Emails Released by WikiLeaks

His efforts over the years in energy measures before the U.S. Senate earned Oklahoma U.S. Sen. Jim Inhofe in those controversial. Hillary Clinton emails released this month by WikiLeaks. A search of the Clinton emails on the WikiLeaks website showed Sen. Inhofe was mentioned 98 separate times. Some involved his stance in support of a South …

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OCC Hosting 2016 Oil and Gas Institute in Tulsa on October 21

The Oklahoma Corporation Commission’s 2016 Oil and Gas Institute will be held on Friday, October 21, 2016 at the OU-Tulsa Schusterman Center. Topics to be covered at this year’s program include earthquakes, municipal regulation and key issues raised by the advancement in drilling technology. “This is an opportunity for attorneys, energy professionals and others to …

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Halliburton, U.S. Silica Announce Single Shipment Record Move of 19,000 Tons of Frac Sand

Houston-based Halliburton Company and Maryland-based U.S. Silica Holdings, Inc. announced Thursday the companies likely set a North American record by moving nearly 19,000 tons of U.S. Silica White® frac sand in a single train shipment from Ottawa, Illinois to Elmendorf, Texas. According to a Halliburton press release, BNSF Railway was used to transport the largest shipment of …

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Despite Weekly Gains, WTI and Brent Crude Slide on Friday

Oil futures fell on Friday despite a fourth consecutive week of gains as traders, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude lost 9 cents, or 0.2%, to settle at $50.35 a barrel. For the week, prices rose 1.1%, after posting gains in each of the last three weeks. …

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Mammoth Energy Goes Public

Oklahoma’s newest publicly traded company is Mammoth Energy Services Inc. as the company finished a $116 million initial public offering. It was the first oil-field services company IPO since August of 2014. Executives were on hand Friday to ring the opening bell at Nasdaq.  By later in the day, shares were trading at $14, below …

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