Dallas-based EnLink Midstream companies recently announced several changes in executive leadership management, according to a company press release issued on Wednesday. EnLink’s Boards of Directors appointed Barry E. Davis to Executive Chairman, Michael J. Garberding to President and Chief Executive Officer, and Eric D. Batchelder to Executive Vice President and Chief Financial Officer. These transitions resulted from the company’s succession process, …
January 2018 archive
SandRidge COO Sells Nearly 23,000 Shares of Stock
The Chief Operating Officer of Oklahoma City-based SandRidge Energy, Inc. recently sold 22,803 shares of stock valued at nearly half a million dollars. According to a legal filing dated Friday, January 5, 2018 with the U.S. Securities and Exchange Commission, John Patrick Suter sold 22,803 shares of common stock at an average price of $20.73 …
Williams’ Transco Pipeline Sets Record During East Coast Winter Storm
Tulsa-based Williams Partners L.P. delivered a record-breaking 15.58 million dekatherms (MMdt) via the nation’s largest-volume natural gas transmission system on Friday, January 5, 2018, according to a company press release issued on Monday. Williams utilized its Transco interstate gas pipeline to provide essential services to gas distribution companies, power generators and other customers located along …
WTI, Brent Crude Fall on Friday, Post Third Straight Weekly Gain
Crude oil futures settled lower on Friday but held firm with a third consecutive weekly gain after rising to their highest settlements in three years on Thursday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude fell 57 cents, or 0.9%, to settle at $61.41 a barrel. For the …
ONEOK Invests $1.4 Billion in Elk Creek Pipeline in Rocky Mountains
Tulsa-based ONEOK, Inc. will invest approximately $1.4 billion to construct a new pipeline to transport natural gas liquids (NGLs) from the Rocky Mountain region to the company’s existing Mid-Continent NGL facilities, according to a company press release issued on Thursday. The Elk Creek Pipeline will span nearly 900-miles via a 20-inch diameter pipeline. The project is expected …
Kingfisher County Struck by 3.1 Earthquake on Sunday Afternoon
A 3.1 magnitude earthquake rattled north central Oklahoma early Sunday afternoon. The earthquake happened around 1:37 p.m. in Kingfisher County, registering at two miles deep. The U.S. Geological Survey reported the epicenter was about 10 miles east of Hennessey and 28 miles west/northwest of Stillwater. There are no reports of damage or injuries.
OGE Trucks Begin 1,900 Mile Ocean Trip to Puerto Rico
OGE trucks are finally making their long slow ocean voyage to Puerto Rico where crews will begin working to restore electric power to the island ravaged by a fall hurricane. The utility tweeted over the weekend that 50 of its trucks were loaded on a barge. It would take an estimated 12 days to make …
Gross Production Tax Changes Credited with New State Revenue
Some state economic leaders are already celebrating legislative changes they credit for more than $24 million in new revenue in December. State Treasurer Ken Miller said the additional revenue came primarily from changes in sales tax exemptions and gross production incentive tax rates. At the same time, gross production taxes on oil and natural gas …
Bribed Rate Case Headed to U.S. Supreme Court
Those six consumers who believe a bribed 1989 Corporation Commission vote should not be allowed to stand are headed to the U.S. Supreme Court in their fight against the state. In a story followed for years by OK Energy Today, the consumers include a retired FBI agent, a retired Air Force General, a former City …
Rig Counts Slip in Oklahoma and U.S.
Oil and gas rig counts in Oklahoma and across the U.S. fell in the past week. Oklahoma’s count dropped by two to reach 118 while the national count slipped by 5 to reach 924. Counts provided by Baker Hughes and the Independent Oil and Gas Service showed the number of oil rigs dropped by 5 …