August 2018 archive

Permits to drill for Aug. 7, 2018

Blaine County PIPER’S HILL SWD #1-35, August 07 2018 35 15N 13W SWSESESE API: 01124059 Lat: 35.72587363807842, Long: -98.5446036165933 E O K OPERATING LLC SH, DR, 9000 ft, WOLFCAMPIAN(3500), VIRGILIAN(4900), MISSOURIAN(7600) Custer County WINGARD SWD #1-15, August 07 2018 15 14N 14W SENENENW API: 03922548 Lat: 35.69537214749701, Long: -98.6776263014454 E O K OPERATING LLC SH, DR, 10000 …

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Tulsa’s NGL reports $169 million loss in 2Q

  NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported a net loss for the quarter ended June 30, 2018 of $169.3 million, compared to a net loss of $63.7 million for the quarter ended June 30, 2017. The net loss for the current quarter includes a loss on the disposal and impairment …

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New JV Pipeline Adventure for Permian Basin to Texas Gulf Coast

Four energy companies signed a letter of intent to jointly develop a natural gas pipeline from the Permian Basin to the Texas Gulf Coast, according to a recently issued press release. The Whistler Pipeline Project is the focus of Houston-based Targa Resources Corp., Florida-based NextEra Energy Pipeline Holdings LLC, Austin-based WhiteWater Midstream LLC, and Ohio-based …

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Time for a Cool Change in Oklahoma

Temporary relief is in store for Oklahoma this week as the dog days of Summer are quenched by some much-needed rain and cooler temperatures. Gary McManus, State Climatologist with Oklahoma Mesonet, reported Monday that the jet stream’s northwest flow should interact with Gulf moisture to produce overnight precipitation, particularly on Tuesday and Wednesday nights. Tuesday …

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OCC Releases Signing Agenda for Tuesday Morning Session

The Oklahoma Corporation Commission will meet on Tuesday morning for a signing order session. The meeting will be held at 9:30 a.m. at the Jim Thorpe Building in Room 301. One item is Cause No. PUD 201800061, an application of Public Service Company of Oklahoma for an order of the Commission determining if CKEnergy Electric Cooperative, …

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ONEOK Executives to Present at NYC’s Tuohy Brothers Energy Conference

Senior executives of Tulsa-based ONEOK, Inc. will participate in the Tuohy Brothers Ninth Annual Energy Conference on Wednesday in New York City. ONEOK’s Walter S. Hulse III, Chief Financial Officer and Executive Vice President, Strategic Planning and Corporate Affairs, and Kevin L. Burdick, Executive Vice President and Chief Operating Officer, will direct several one-on-one meetings with …

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Continental Partners with Franco-Nevada for New SCOOP and STACK Mineral Subsidiary

Oklahoma City-based Continental Resources, Inc. announced a new multimillion dollar strategic alliance on Monday with Canada-based Franco-Nevada Corporation. Franco-Nevada agreed to invest $220 million for an interest in the newly-created minerals subsidiary. Both companies committed to spend up to a combined $125 million annually for the next three years to acquire minerals in Oklahoma’s prolific SCOOP and STACK plays, …

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Natural gas pipeline fire leaves one worker dead in Midland County, Texas

A natural gas pipeline explosion and fires that happened last Wednesday in Midland County, Texas claimed the life of one of the injured workers. Bud Taylor worked for Navitas Midstream Partners and was fatally injured when the natural gas pipeline caught fire and exploded, injuring seven workers. Taylor was one of five workers and two …

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$345 million in USDA loans to rural electric coops including one in southern Oklahoma

The Red River Valley Electric Association in Marietta is among 20 rural electric cooperatives nationally receiving more than $345 million in U.S. Department of Agriculture loans to improve rural electric service in 14 states. Red River is getting an investment of $16,326,000 according to the announcement made this week by Ag Secretary Sonny Perdue. The …

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$400,000 pickups to be part of no-delay construction effort on I-235 in OKC

The Oklahoma Department of Transportation is unveiling a new project to ensure there are no traffic delays in the I-235 construction project in Oklahoma City. It involves the use of two specially-designed pickup trucks, each valued at $400,000. One stranded car inside a highway work zone can cause significant delays for thousands of drivers. The …

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