Oklahoma City’s Bison has announced yet another long-term oil-field water contract, this time with Oklahoma City-based Chaparral Energy. Under the 15-year agreement, Bison will manage all of Chaparral’s produced water logistics across the STACK and SCOOP plays. It means Bison trucks will be hauling water from a nearly 1.9 million acre area of Canadian, Grady …
Oklahoma City’s Chesapeake Energy Corporation announced its board of directors has declared dividends ranging from a low of $1.125 up to more than $14 a share depending on the stock. The high point was $14.375 for the 5.75% Series A and will be payable Nov. 15 to those shareholders of record as of Nov. 1, …
With crude oil operations in Oklahoma and eight other states, Holly Energy Partners, L.P. announced a cash distribution for the third quarter of the year. And the distribution is unlikely to change in the coming year. The Dallas-based company declared a distribution of $0.6725 per unit, same as the distribution declared for the second quarter …
Tulsa-based Blueknight Energy Partners, L.P. has declared a quarterly cash distribution of 4 cents on its common units and $0.17875 on the Partnership’s preferred units. The board of directors made the declaration. The third quarter distributions were the same as those declared for the second quarter of 2019. The distributions will be payable on Nov. …
The U.S. Senate rejected a move by Democrats to overturn the Trump Administration’s reversal of the Obama-era climate regulations prompting Sen. Jim Inhofe to accuse them of trying to derail Trump’s agenda for no reason. The vote was 53-36 with Sens. Inhofe and James Lankford of Oklahoma voting against the proposed reversal. In a statement, …
Houston pipeline operator Kinder Morgan has begun construction of a controversial $2 billion natural gas pipeline in the Texas Hill Country, prompting three cities to join environmental groups threatening lawsuits over the project. The cities of Austin, San Marcos and Kyle joined two groups that contend seven endangered and threatened species are in the path …
The massive amount of oil and gas exploration in the Permian Basin of West Texas has also created a challenge to the electricity-providing industry. Right now, the electrical supply is lagging behind the growth of the oil and gas industry in the region, resulting in power congestion. Click here to read the story from …
Oklahoma State Treasurer Randy McDaniel, the man who handles those gross production tax revenues on oil and gas in Oklahoma has been elected to the governing board of the found that supports the National Association of State Treasurers. “I appreciate the confidence and support of my peers and look forward to supporting my fellow state …
Oklahoma Natural Gas is offering at least 8 tips to its customers to save money and energy in the coming winter months. The utility says now is a perfect time to prepare your home for the dropping temperatures. It suggests getting a qualified contractor to inspect your heating system every year to check your …
