Tulsa’s WPX Energy has gained $350 million in the sale of its joint project in the Oryx II pipeline in the Permian Basin.The company announced the sale was completed this week. WPX Energy had 25 percent equity interest and received the net proceeds of nearly $350 million after adjusting for debt financing related to Oryx …
For a lot of oil and gas producers in Oklahoma,the historic flooding is more than just a minor nuisance. As witnessed in these pictures, one producer in Kay County is dealing with major issues. And flooding wasn’t his only challenge. So were the storms and the lightning.
The issue of workers compensation for injured energy workers is an important one for Oklahoma firms. This week, the State Senate gave final approval to legislation to preserve and strengthen landmark workers’ compensation reforms adopted six years ago. House Bill 2367 passed unanimously and awaits a decision by Gov. Kevin Stitt. Senator Julie Daniels, Senate …
Oklahoma Gas and Electric announced it has wrapped up the acquisition of the AES Shady Point power plant near Poteau. The Corporation Commission approved the purchase last week along with the Oklahoma Cogeneration LLC facility in Oklahoma City. The purchase of the two facilities cost OGE an estimated $53 million. The Federal energy Regulatory Commission …
As Oklahoma reels from massive flooding that has approached historic levels in some areas of the state, there is a possibility that politics in Washington DC might cause a delay in any federal financial aid. At least,it’s what Oklahoma U.S. Sen. James Lankford is suggesting. When asked whether Democrats who control the US House might …
After a third quarter 2019 report showing a large jump in earnings, shareholders in Tulsa-based NGL Energy Partners LP await the fourth quarter report. The company says it will issue the fiscal fourth quarter report that ended March 31, 2019 next week. The report will be released Thursday, May 30 and members of NGL’s management …
SEVERE WEATHER IMPACTS STATE As a result of severe weather and flooding impacts across the state, the State Emergency Operations Center remains activated. The Oklahoma Department of Emergency Management (OEM) remains in contact with emergency managers across the state and coordinating with agencies and organizations including the Oklahoma Highway Patrol, Oklahoma Corporation Commission, Oklahoma State …
The Oklahoma Conservation Commission says were it not for 2 thousand flood control dams in the state, this week’s flooding would be far worse. Some of the dams have been in place for half-a-century according to Ron Hays and the Oklahoma Farm Report. Bryan Painter with the OCC wrote about the benefits of the system. …
New completion reports filed this week show the oil and gas activity in Grady County is growing. At least ten completion reports were filed Wednesday with the Oklahoma Corporation Commission reflecting new wells, including another by Unit Petroleum of Tulsa. It was on the same pad where Unit reported earlier in the week a Schenk …
Permits to drill issued for May 22, 2019. Canadian County SKYWALKER 34-27-11-6 #2MXH, January 23 2019 34 11N 6W SESWSESW API: 01725374 Lat: 35.37802311222313, Long: -97.82498178460037 ROAN RESOURCES LLC HH, AM, 20064 ft, MISSISSIPPIAN(9424), WOODFORD(9504) Kingfisher County BROWN 1706 #5-27MH, May 22 2019 34 17N 6W NWNWNWNE API: 07326583 Lat: 35.91194582930456, Long: -97.82645398101273 OKLAHOMA ENERGY ACQUISITIONS LP …
