Detroit-based DTE Energy Co. and its DTE Midstream have acquired a natural gas gathering system and gathering pipeline in Louisiana for $2.25 billion. The deal also included another $400 million at a 2020 milestone for the purchase of the system in the Haynesville Shale rock formation of the state. The company acquired the assets …
More corn-based ethanol plants in Iowa are temporarily shutting down while others are extending their shutdowns because of market conditions and the pinch of federal Renewable Fuel Standard waivers to oil refineries. The Trump administration’s RFS waivers have also had a political impact that could prove harmful to the President’s re-election bid. The Sioux City …
The Associated Press reports the Army Corps of Engineers has asked a federal judge to approve the Corps’ decision that the Dakota Access oil pipeline is not harmful to American Indian tribes. The Corps is asking U.S. District Judge James Boasberg to approve the August 2018 finding that further environmental studies of the $3.8 billion …
Because of new health tests showing increased risk of benzene exposure, the state of Colorado has increased the distance that oil and gas exploration firms can drill close to homes and businesses. The report came from the Colorado Department of Public Health and Environment and found the increased dangers within 2,000 feet of drill …
Wanting to be more transparent about greenhouse emissions from the oil and gas industry, the State of New Mexico has released data to keep the public informed of the problem. The release came as the State continued to develop stricter policies to regulate air pollution from the industry and other sources. The data was uploaded …
Halliburton Company announced Monday net income of $295 million, or $0.34 per diluted share, for the third quarter of 2019. But things weren’t so good for its North American operations. This compares to reported net income for the second quarter of 2019 of $75 million, or $0.09 per diluted share, and adjusted net income for …
Despite a slowdown in Oklahoma’s oil and gas fields, the state’s jobless rate for September remained unchanged at 3.2 percent according to an announcement by the Oklahoma Employment Security Commission. September’s rate was the same for the past five months. It also meant Oklahoma’s employed force grew 4,763 since May, reaching a total of 1,791,305 …
** Kansas City-based Evergy, Inc. plans to release its 2019 third quarter earnings report on Wednesday, Nov. 6 after the close of market. A quarterly conference call and audio webcast will be held the next day at 9 a.m. Central Time. ** Tallgrass Energy, LP based in Kansas City will close its Pony Express …
A year ago, there were 141 oil and gas rigs drilling in Oklahoma. As of this week, the count has dwindled to only 60 rigs. The state’s count dropped by two in the past week. The numbers are starting to affect the state’s treasury as OK Energy Today has reported. Nationally, the rig count slid …
Completion reports issued for October 18, 2019. ATOKA COUNTY Longfellow Energy Lp Arkansas Novaculite(8686): Gas 237 Water 33 Flow 35 1N 14E Ertman Unit 35-3, November 18, 2018 SH, GAS, TD: 9600 ft Lat: 34.51924, Long: -95.80933 API: 35005204410000 GARVIN COUNTY Ranken Energy Corporation 7 3N 2W Donna 1-7, January 06, 2019 SH, PLUG, TD: 8350 ft Lat: 34.74446, Long: -97.44223 …
