March 2017 archive

Open Season in Oklahoma Declared by Enable Midstream Partners

The open season is underway for Enable Midstream Partners, LP as its wholly-owned subsidiaries, Enable Gas Transmission LLC and Enable Oklahoma Intrastate Transmission are seeking commitments to system expansion projects. The firms are looking for customers who want gas moved out of the growing Anadarko Basin production. The open season officially kicked off March 8 …

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Dividend Declared by Tulsa-based WPX Energy

Tulsa’s WPX Energy has declared a quarterly dividend to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. The board of directors approved a dividend of $0.781215 per share which is payable on May 1, 2017. The company is one of the 20 largest U.S. energy producers based on total assets and …

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Governor Names OU Professor to be Secretary of Science and Technology

Governor Mary Fallin has named longtime meteorologist Dr. Kelvin Droegemeier to be her administration’s secretary of science and technology. His appointment to her Cabinet starts Monday. Droegemeier is vice president for research at the University of Oklahoma, a Regents’ professor of meteorology, the Weathernews chair emeritus and Teigen presidential professor at the university. He already …

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Blueknight Energy Trucking Honored for Safety

Oklahoma City-based Blueknight Energy Partners, L.P. was recently recognized for its oil transportation safety achievements at the Oklahoma Trucking Association’s Annual Safety Awards banquet. The firm was named the 2016 Grand Champion Award recipient and also given the First Place Safety Award in the 1 to 5 million annual miles Petroleum Class. “This is a …

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Denver Federal Appeals Court Wants Decision From Trump Administration on Fracking Fight

The Denver federal appeals court is telling the Trump administration to decide if it wants to defend an Obama-era fracking regulation. The 10th U.S. Circuit Court of Appeals gave a deadline of Wednesday for government lawyers to decide if they will continue the fight for the Interior Department’s hydraulic fracturing rule. A district court struck …

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State House Approves Bill Wiping Out Tax Credits for Wind Industry

If the vote in the Oklahoma House of Representatives is any indication, the wind industry knows the time is near. The House on Thursday passed HB 2298, the measure cutting tax credits for the operators of wind farms that cover the western half of the state.  It was a vote of 74 to 24. “It’s …

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Wind Energy Tax Credit Sunset Bill Advances to Oklahoma Senate

By a vote of 74-24, the Oklahoma House of Representatives approved a legislative measure to sunset the zero-emissions tax credit for the wind energy industry. House Bill 2298 – a leadership bill authored by Speaker Charles McCall (R-Atoka) – imposes a deadline of July 1, 2017 for operational facilities to qualify for the tax credit. …

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ONEOK Promotes Kevin Burdick and Michael Fitzgibbons to Senior Management Roles

Tulsa-based ONEOK, Inc. and ONEOK Partners, L.P. announced organizational changes on Tuesday in a company press release. Kevin L. Burdick, 52, currently senior vice president, natural gas gathering and processing, has been promoted to executive vice president and chief commercial officer, a new role, with responsibility for all of ONEOK’s business segment commercial activities. He …

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WTI Settles Below $50 a Barrel as OPEC Warns Increased U.S. Production May End Deal

Domestic oil prices plunged below $50 a barrel on Thursday for the first time this year as the market worried that growing U.S. crude producers may undermine efforts to rebalance global supply and demand, according to Bloomberg MarketWatch. It marked their lowest finish since late November. April West Texas Intermediate crude slid $1 or 2%, to …

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Completion Reports March 10, 2017

  CANADIAN COUNTY Chesapeake Operating Llc Mississippian(9817): Oil 202 Gas 3394 Water 167 Artificia L Lift 27 12N 7W Hunt 27-12-7 1h, October 28, 2016 HH, GAS, TD: 20034 ft Lat: 35.47959, Long: -97.92220 API: 35017249260001 CARTER COUNTY Xto Energy Inc Woodford(11028): Oil 220 Gas 1104 Water 2237 Flow 11 4S 3E Renee 2-11h2, January …

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