Author's posts
Drilling Activity on the Increase in Kingfisher County
The oil and gas exploration in Oklahoma’s STACK isn’t letting up if one of the latest filings of permits to drill is any indication. Seven requests for Kingfisher county were filed on March 27 as seen in OK Energy Today. The requests were filed by Newfield Exploration, Overflow Energy LLC, and Chesapeake Energy. Newfield filed …
Merger of Energy Transfer Partners and Sunoco Logistics Moves Ahead
A year after Energy Transfer Partners, L.P. ended a proposed $33 billion merger with Williams Cos. of Tulsa, the Dallas-based company is moving ahead on a merger with Sunoco Logistics Partners L.P. The Williams Cos. merger, announced in 2015, turned into a legal mess and fight. But now the Securities and Exchange Commission has approved …
Williams Partners Seeks FERC Approval for Additional Natural Gas Pipeline in New York State
Tulsa’s Williams Partners L.P. says its Transco interstate natural gas pipeline system is seeking approval from the federal government for its Northeast Supply Enhancement project, one that carries a $926 million price tag. Transco’s filed an application with the Federal Energy Regulatory Commission to move ahead with the project to satisfy New York State’s appetite …
Samson Resources Reaches $17 million Settlement with Texas Firm
Tulsa-based Samson Resources Co. has ended its nearly $17 million dollar bankruptcy fight in Delaware bankruptcy court with the company that succeeded Magnum Hunter Resources. Samson withdrew the $16.8 million in oil and gas well claims against what is now Blue Ridge Mountain Resources Inc. The withdrawal came as both companies south to bring an …
Driverless Cars to Be Studied by US House Hearing
The safety of those driverless cars will be the focus of a Tuesday congressional hearing and among those asking the questions will be Oklahoma U.S. Rep. Markwayne Mullin. He’s a member of the Subcommittee on Digital commerce and Consumer Protection of the full House Committee on Energy and Commerce. The 9 a.m. hearing will …
Climate Change Battle Due Wednesday as Lucas and Bridenstine Look On
Oklahoma Congressmen Frank Lucas and Jim Bridenstine will have a front-row seat as critics of climate change and supporters of it will likely battle it out during a hearing of the U.S. House Science, Space and Technology Committee. The hearing is set for Wednesday at 9 a.m. Oklahoma time and will feature a challenge to …
Halliburton on a Hiring Spree—–Could Employment Turn Around in Duncan?
One of the hardest hit counties in Oklahoma over the energy downturn was Stephens County, home to Duncan and to the original headquarters of Halliburton. The county had seen double-digit unemployment as Halliburton, now headquartered in Houston, laid off employees worldwide. But perhaps that is about to end and no doubt, Chamber of Commerce …
Schlumberger and Weatherford Announce Joint Venture
A new oilfield service company is being formed as a result of a joint venture between Schlumberger Ltd. and Weatherford International PLC. The two companies plan to provide completions products and services, targeting unconventional resource plays in North America. Executives of the two firms expect to close the agreement in the second half of …
Clean Power Plan to Bite the Dust at the White House
President Trump is set to eliminate another climate change move of the Obama administration. He is preparing to sign an executive order on Tuesday wiping out the Clean Power Plan and EPA Administrator Scott Pruitt welcomes the move. It’s what Pruitt indicated Sunday in an interview with George Stephanopoulos on ABC’s “This Week.” He called …
Big Increases in Oklahoma and US Oil and Gas Rig Counts
Both Oklahoma and the U.S. saw big jumps in rig counts in the past week according to figures released by Baker Hughes. Oklahoma’s count jumped by 7 to reach 118. A year ago, the state had only 63 working oil and gas rigs. Nationally, the count grew by 20, reaching 809 active rigs. The jump …