The $5.6 billion sale of energy provider Calpine Corporation to Energy Capital Partners of Houston and a consortium of other investors was completed this week. Calpine stockholders will receive an amount in cash equal to $15.25 per share of Calpine common stock. At the same time, shares of Calpine, a company with energy operations in …
Transcontinental Gas Pipe Line Company, LLC, one of the wholly-owned subsidiaries of Williams Partners L.P. in Tulsa announced it has priced its previously announced offering of senior notes. The $400 million in principal mount of senior notes due 2028 were priced with a 4.000 percent coupon and at an offering price of 99.446 percent of …
Houston-based Cactus Inc. reported it increased revenues more than 120 percent for 2017 going from $155 million in 2016 to more than $341 million last year. The drilling company has most of its rigs located on sites in Oklahoma. Its website currently lists 32 rigs in Oklahoma compared to 26 in Texas, 6 in New …
A Blaine County well that initially produced more than 2,200 barrels of oil a day has been in production since last fall but the completion report was just filed this month with the Oklahoma Corporation Commission. It also resulted in another big well for the STACK. The report filed by Devon Energy showed the Baker 9 …
Permits to drill for week of March 1 through the 7th. Scroll down for a better view. Alfalfa WENNINGER A 1-22 TRANS PACIFIC OIL CO SH DR 22 28N 12W NE SW SW NE Feb-28-2018 Mar-06-2018 00323303 5600927 Beckham RAZOR’S EDGE 1H-27 LE NORMAN OPERATING HH DR 27 11N 21W SE SE SW SW …
Completion reports for week of March 1 through the 7th. Scroll down for a better view. COUNTY Well name OPERATOR SCTN TWN RNG SPOT Completion Date Oil Gas Water Scan Date API Document Alfalfa ROSE KELLY SWD 2-3 SANDRIDGE EXPLORATIO 3 28N 10W SW SW SE SE May-15-2017 Mar-05-2018 00322193 500640487 Alfalfa PHIN …
A top Bloomberg energy research director was in Oklahoma this week meeting with state legislators and promoting renewable energy resources—especially the state’s wind industry. But Ethan Zindler, head of the U.S.Research at Bloomberg New Energy Finance Limited also had some words of caution as the legislature moves toward more actions to remove tax credits and …
The Oklahoma legislator who thinks his anti-wind energy stance resulted in a private detective planting a tracking device on his vehicle, has filed suit in Oklahoma City federal court against a Texas political consultant. Rep.Mark McBride’s lawsuit was filed this week against George C. Shipley, the Austin political consultant accused of hiring someone to …
While gasoline prices are on the rise for half of the country, they declined slightly in Oklahoma. AAA Oklahoma reports some states have seen average prices increase as much as 9 cents over the past week. But in Oklahoma, the average this week was $2.34 a gallon, a drop of 2 cents from a week …
Houston-based Noble Energy Partners is buying a 19% equity interest for $15 million in the Midstream Access Pipeline of West Texas. The pipeline is a network of 90 miles of high and low-pressure lines in Upton and Midland counties located in and around Midland and Odessa, Texas. It went online in 2015 and has a …
