Democrats leading the House Energy and Commerce Committee of which Oklahoma Republican Rep. Markwayne Mullin is a member have unveiled what they describe as a “sweeping” draft bill aimed at slashed greenhouse gas emissions across the economy. Rep. Mullin has yet to publicly comment about the plans of the Democrats but the bill attempts to …
The potential for dangerous wildfires in Oklahoma continues as firefighters have battled one fire in Mayes county that burned more than 250 acres while other fires in the south burned more than 800 acres. Homes were lost in wildfires near Lawton. The Oklahoma Department of Agriculture reports northeast Oklahoma has been dry and experienced more …
Permits for new oil and gas drilling in the state were approved this week by the Oklahoma Corporation Commission including a five-well site in Canadian County by Chaparral Energy. The company smells success in the region and is planning to drill several more sister wells in spite of its financial challenges as it enters the …
Some telephone changes are coming to Oklahoma. A new area code will soon be created for the state because area code 405 is running out at the end of 2021. The Oklahoma Corporation Commission voted this week to approve an overlay for the new area code. The North American Numbering Plan Administrator will decide what …
Nearly $6 billion in notes are being offered by Dallas-based Energy Transfer Operating LP as it attempts to cover its debts. The offering includes $4.5 billion in senior notes and $1.6 billion of preferred units. The offering includes $1 billion in 2.900% senior notes due 2025, $1.5 billion in 3.750% senior notes due 2030 and …
A helium plant located west of Cheyenne Wells, Colorado near the Colorado-Kansas state line has a new owner. Tumbleweed Midstream LLC acquired the Ladder Creek Helium Plant and Gathering System from DCP Midstream, LP. The Ladder Creek system is supported by long-term acreage dedications across a 1,000-square-mile area that spans Cheyenne, Kit Carson and Kiowa …
Minnesota-based Excelsior Energy Capital now owns more than 90% of two wind farms in Nebraska. Excelsior, a renewable energy investor announced its North American Renewable Energy Fund closed on the acquisition of 90.1% of Invenergy’s interests in the combined 109-megawatt Prairie Breeze II and Prairie Breeze III wind farms. The farms are located in …
Redwolf Operating LLC has apparently found a sweet spot in the SCOOP near the Grady County town of Alex as it reported at least six sister wells with combined oil production of nearly 3,700 barrels a day. But Marathon Oil, drilling south of Lindsay came up with one well that had production of more than …
After President Trump announced Wednesday morning that Iran was backing off its stance of revenge over the killing of Major General Qasem Soleimani, oil prices fell. Prices of West Texas Intermediate crude spiked to more than $65 on Tuesday and fell well below the pre-spike levels. WTI closed Wednesday at $60.06, down $2.64 or …
** Premier Oil has announced plans to buy two oilfield assets from BP in the North Sea for $625m (£474m).The oil company said on Tuesday it would snap up BP interests in five fields in the Andrew area, which is currently producing around 18,000 barrels of oil equivalent per day. It said it would also buy BP’s interest …
