February 18, 2022 archive

OK Senate okays bill targeting abandoned wells in state

  The Oklahoma Senate has given unanimous approval to a bill calling for an increase of surety bonds offered by oil and gas exploration firms to cover the cost of plugging abandoned wells in the state. Senate Bill 1368, authored by Sen. Zack Taylor, R-Seminole was approved on a 44-0 vote and sent to the …

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Energy Transfer next to build Permian pipeline?

  Leaders of Texas-based Energy Transfer LP suggest the firm will likely be the next company to build a pipeline to transport growing amounts of natural gas production from the Permian Basin to export hubs on the Gulf Coast. It’s what Energy Transfer Co-Chief Executive Thomas Long told analysts during a recent conference call. He …

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