Nearly 20 percent of the states have gasoline prices below $2 a gallon and Oklahoma is one of them. The prices for the last day of 2018 average $1.93 in Oklahoma compared to $1.99 a week ago. Nationally, the average is down 8 cents to $2.28 per gallon. Pottawatomie County, where Shawnee is the county …
Denver-based DJR Energy has concluded its $480 million purchase of assets in northern New Mexico’s San Juan Basin. The purchase was of the assets of Encana Oil and Gas and was originally announced in October. It gives DJR more than 350,000 net acres in the Basin including an inventory of more than 1,100 high-value drilling …
The Houston-based PrimeEnergy Company, a firm with operations throughout Oklahoma, Texas and West Virginia has announced a change of its name. The Company’s Board of Directors recently voted to approve amendments to the company’s Articles of Incorporation including changing the company name to PrimeEnergy Resources Corporation. The board also voted to reduce to the number …
Energy Transfer LP based in Dallas announced its Mariner East 2 natural gas liquids pipeline is in service carrying products from Ohio and across West Virginia and Pennsylvania. The 350-mile NGL pipeline carris the ethane, propane and butane east to Energy Transfer’s Marcus Hook Industrial Complex in Delaware County, Pennsylvania Mariner East 2 is part …
A published report indicated that Rep. Mark McBride of Moore has made a financial settlement in his lawsuit against a Texas political consultant who allegedly put a tracking device on the legislator’s pickup truck. The Oklahoman reports McBride would not comment on the settlement with George Shipley of Austin, Texas. McBride was known for his …
Anyone who worked outdoors in Oklahoma’s energy industry experienced some record weather instances over the past year. The Oklahoma Mesonet reviewed some of the 2018 records compiled by State Climatologist Gary McManus. The lowest wind chill recorded in the past year was minus 22.1 degrees at Eva in the Panhandle on January 16, 2018. The …
Oklahoma’s rig count dropped by one in the past week while nationally, numbers grew by 3 to reach 1,083 active oil and gas rigs. Oklahoma’s count dropped to 140 according to Baker Hughes Co. The national count saw an addition of 2 oil rigs to reach a total of 885 while the number of gas …
