January 5, 2023 archive

Appeals Court rules against earthquake lawsuit in Oklahoma

  Oklahoma’s Court of Civil Appeals recently ruled against two persons who filed suit following the 2017 earthquakes in northern Oklahoma and attempted to make it a class action case against several oil and gas companies. The case brought by Lisa Griggs and April Marler was against New Dominion LLC, Kirkpatrick Oil Company Inc., Rainbo …

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Texas earthquakes linked to increased drilling

  It’s no surprise that geologists and people who study earthquakes believe the increase in strong quakes of the Permian Basin in Texas and New Mexico are linked to increased drilling. Just as Oklahoma experienced the same growth of earthquakes over the past several years because of a gain of drilling in the state, Texas …

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Reports show continued well activity in Oklahoma

  Newly-filed reports show Citizen Energy III LLC recently completed a three-well project in Grady County with combined production of more than 1,000 barrels of oil a day. The three wells drilled on a single pad at 6 7N 5W, a site about 2 miles southwest of Blanchard, were completed Oct. 26 of 2022 by the …

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TARGA acquires 100% ownership of its Grand Prix pipeline in Oklahoma and Texas

  Houston’s Targa Resources Corp. agreed to a more than $1 billion buyout of Blackstone Energy Partners’ 25% interest in Targa’s Grand Prix NGL Pipeline that caries NGLs from Oklahoma, North Texas and the Permian Basin. Targa said the deal totaled $1.05 billion in cash plus customary working capital adjustments, a move that will make …

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Cleanup of Permian Basin includes new oilfield waste disposal project

A new oilfield waste facility opened after Christmas in the Permian Basin, allowing operators to dispose of their liquid and solid waste. Milestone Environmental Service opened its Battle Axe facility near Carlsbad reported the Carlsbad Current-Argus. Click here for Current-Argus

Other energy headlines

** The Federal Energy Regulatory Commission denied the proposed $2.6 billion acquisition of American Electric Power Co. Inc.’s Kentucky Power Co. unit by Algonquin Power & Utilities Corp., saying the Ontario-based buyer hasn’t provided sufficient assurances that transmission rates will not climb as a result of the transaction. ** Republicans said they would do away …

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