Three companies have joined forces to announce plans to construct a new 65-mile long 16-inch crude oil pipeline to serve Oklahoma’s STACK oil play. Kingfisher Midstream, LLC and Blueknight Energy Partners, L.P. based in Oklahoma City and affiliates of Ergon, Inc. plan to construct the Cimarron Express Pipeline, carrying oil from northeastern Kingfisher county to …
Tulsa’s Williams board has announced a 34-cent a share dividend which translates into $1.36 annualized for the company’s common stock. It will be payable June 25 to holders of record at the close of business June 8, 2018. The new amount is a 13.33 percent increase from Williams’ second-quarter 2017 quarterly dividend of $0.30 per …
Range Resources Corporation, a Fort Worth company that has leasing goals in Oklahoma is facing problems with a major New York investment firm. Stelliam Investment Management LP informed Range Resource management this week it intends to vote against the company’s board nominees at the upcoming May 16 annual meeting. Stelliam owns 8.9 million shares …
San Antonio’s EPIC Midstream Holdings LP says it has secured strategic partnerships for its 730 mile long EPIC crude oil pipeline to carry oil from southeastern New Mexico to Corpus Christi, Texas. Three years in the making the line will run side-by-side with the EPIC Natural Gas liquids line. Apache Corporation and Noble Energy have …
Tulsa-based Cypress Energy Partners, L.P. reported first quarter 2018 revenue of $64.8 million, slightly higher than a year ago. It also indicated its saltwater business is growing, thanks to well completions in North Dakota. Leadership blamed the “seasonally low first quarter” on a low margin Canadian customer that the company elected to cease serving. …
Cleanup continues on a small oil leak that happened Thursday from a well in northwest Oklahoma City. An estimated 10 barrels of oil spewed from a well in the 17,600 block of N. Pennsylvania Avenue, drawing the attention of neighbors and eventually attracting firefighters. The yellow raw crude oil forced the temporary shutdown of Pennsylvania …
In one of his first major speeches as the new Administrator of NASA, former Oklahoma congressman Jim Bridenstine laid out plans for the US to return to the moon and to work on putting a man on Mars. Speaking recently at an industry day at agency headquarters in Washington, D.C., Bridenstine was enthusiastic about further …
The Oklahoma Corporation Commission has set a special meeting for May 22 regarding a proposed $325 million customer savings plan as part of an effort by Missouri-based Empire District electric Company to shut down a coal-fired power plant and replace it with wind power. In the cause No. PUD 201700471, the hearing will be held …
Oklahoma’s Choctaw Nation is one of ten groups picked by the U.S. Transportation Department to carry out an FAA drone testing program for the next three years. Choctaw chief Gary Batton was one hand in Washington this week, shaking hands with Transportation Secretar ElaineChao after she made the announcement. “We realize that this technology has …
Oklahoma U.S. Sen. Jim Inhofe’s attention was on ‘water’ this week as he took part in a hearing by the Senate Committee on Environment and Public Works. He had an opportunity to question Dennis Sternberg, Executive Director of the Arkansas Rural Water Association; Kristina Swallow who is President of the American Society of Civil Engineers; …
