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ONEOK Invests $1.4 Billion in Elk Creek Pipeline in Rocky Mountains
Tulsa-based ONEOK, Inc. will invest approximately $1.4 billion to construct a new pipeline to transport natural gas liquids (NGLs) from the Rocky Mountain region to the company’s existing Mid-Continent NGL facilities, according to a company press release issued on Thursday. The Elk Creek Pipeline will span nearly 900-miles via a 20-inch diameter pipeline. The project is expected …
Kingfisher County Struck by 3.1 Earthquake on Sunday Afternoon
A 3.1 magnitude earthquake rattled north central Oklahoma early Sunday afternoon. The earthquake happened around 1:37 p.m. in Kingfisher County, registering at two miles deep. The U.S. Geological Survey reported the epicenter was about 10 miles east of Hennessey and 28 miles west/northwest of Stillwater. There are no reports of damage or injuries.
WTI, Brent Crude Continue Climb on Thursday
Crude oil prices finished higher on Thursday, largely in part to a big drop in domestic inventory, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude added 38 cents, or 0.6%, to settle at $62.01 a barrel, marking the highest futures settlement since December of 2014. February Brent crude, the global …
Completion Reports — Weekly Report for 12/28/17 – 01/03/18
Here is the Weekly Completions Report. The table below provides a summary of the Completion tickets (Form 1002A) that have been published between the 28th December and close of business on the 3rd January. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – …
Permits to Drill — Weekly Report for 12/28/17 – 01/03/18
This weekly report includes new Permits that have been approved and/or published between the 28th December and close of business on the 3rd January. There are two links on each line: – The SPOT link will take you to the well location on Google Maps. So, if you need it, this will give you turn …
New Mexico Capitalizes on Permian Basin Energy Operations, Surge in State Revenue
Need further proof that the nation’s energy sector is improving? Look no further than the Land of Enchantment. That’s largely due to massive pumping operations in the Permian Basin. According to the state’s oil and gas association, New Mexico surpassed Oklahoma and California in September and October to become the third-largest producer in the nation. …
OCC to Hear AG’s Motions to Pass Tax Break to Utility Customers
The Oklahoma Corporation Commission will get down to business on Thursday morning as the regulatory agency is expected to hear five motions from the state’s top legal eagle. Oklahoma Attorney General Mike Hunter is seeking a rate reduction from several utility companies including Public Service Company of Oklahoma, Oklahoma Natural Gas, Oklahoma Gas & Electric, …
ALJ Splits Decision on Grady County Well Site Safety Citations
An Occupational Safety and Health Review Commission administrative law judge issued a final order on Friday partially affirming a safety citation against an Oklahoma energy company while vacating another, according to a Wednesday news report by Business Insurance. The decision against Elk City-based Bronco Oilfield Services Inc. stems from a January 2016 regional inspection of …
AAA Oklahoma: State Gas Prices Among Lowest in the Nation
Despite the national gas price average rising to $2.49 – the most expensive average at the beginning of a new year since 2014 — Oklahoma maintains one of the lowest average rates at 2.22 a gallon, 27 cents less than the national average. High travel volumes over the holidays drove gas prices up five cents …
Nuclear Regulatory Commission Advisory Group Elects Three Members
Three members of the Nuclear Regulatory Commission’s Advisory Committee on Reactor Safeguards (ACRS) were recently elected to leadership roles, according to a press release issued on Tuesday. Michael Corradini will serve as Chairman. Dr. Corradini is a professor in the Nuclear Engineering and Engineering Physics program at the University of Wisconsin. He is also the …
