Dallas-based Pioneer Natural Resources Company, a firm that owns a gas processing plant and operates more than 700 wells in the Texas Panhandle plans to release its third quarter earnings report in November. The company said the release date will be Tuesday, Nov. 6 after the closing of trading on the New York Stock Exchange. …
Houston’s Cheniere Energy Partners, L.P., the firm building a new 200-mile pipeline carrying gas out of Oklahma’s STACK and SCOOP plays has priced an offering of more than $1 billion in Senior notes. The company said the $1.1 billion in Senior Notes due 2026 will bear interest at a rate of 5.625% per annum and …
Oklahoma Treasurer Ken Miller released August gross receipts showing there was double-digit expansion in the past year. August receipts totaled $995.1 million, an increase of 13.1% from August 2017. Gross receipts in the past year totaled $12.4 billion, which was a 11.9 percent increase. Both totals are record highs. As for the gross production taxes …
Even after leaving office as Administrator of the EPA, Scott Pruitt continues to draw the ire of environmental groups. The latest is a report by the nonprofit Environmental Integrity Project which says documents about Pruitt’s June 2017 trip to Italy cost taxpayers a third more than previously reported. It had previously been reported that …
NextEra Energy Partners, the wind giant agreed this week to purchase eleven wind and solar projects, including those in Oklahoma from NextEra Energy Resources. It is a $1.275 billion purchase that includes $930 million in tax equity financing and $38 million in debt. The wind and solar assets include those in Oklahoma, Texas, Nevada, …
The Powder River Basin, where several Oklahoma energy companies have established a foothold in oil and gas exploration continues to get publicity over becoming the next big oil play in the U.S. Some of those Oklahoma firms, such as Rebellion Energy of Tulsa paid millions for acreage in Wyoming. One report indicated Rebellion plunked down …
Sold in Canada….Total’s oil sands project that had been closed for the past four years because of low prices. The French oil giant unloaded the project in Albrta to a Canadian energy company for more than $170 million U.S. dollars. The buyer is Canadian natural Resources Limited. Before the operation was shut down in 2014, …
The government’s recent helium auction held in Amarillo, Texas resulted in a 135% increase in prices bid during the auction. The average price at the auction held by the U.S. Bureau of Land Management was $279.95 per million standard cubic feet, up from last year’s average of $160.64. The BLM operates and maintains a helium …
Accused of conspiring to suppress competition for oil and gas leases in northern Oklahoma two years ago, Oklahoma City’s Chesapeake Energy and former SandRidge Energy CEO Tom Ward have agreed to pay nearly $7 million to settle a class-action lawsuit. The suit was filed in Oklahoma City federal court in 2016 against Chesapeake, Ward and …
Marathon Oil, a major player in oil and gas exploration in Oklahoma’s STACK and SCOOP plays has executed a long-term natural gas gathering and processing agreement for operations in southeast New Mexico. Marathon’s Permian LLC, a subsidiary of Marathon Oil reached the deal with Lucid Energy group. Lucid provides midstream services to Marathon under a …
