Drilling and fracking accelerate ahead of what could be an industry-changing US election

    A new report by Rystad Energy claims that drilling and fracking activity in the U.S. is on the increase. It recently announced that the increase came as voters prepared to choose a President, a choice that could affect the oil and gas industry, perhaps detrimentally because of one choice and maybe helpful in …

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DEQ promotes educational grants

  The Oklahoma Department of Environmental Quality is accepting grant proposals for its Environmental Education Grant Program.  The grant must promote enthusiasm in youth for learning about the environment and natural resources. The grant is available for Oklahoma teachers, public or private (Preschool – 12th Grade), school environmental clubs, youth group leaders and/or organizations with …

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Energy news in brief

** ConocoPhillips  announced the introduction of four innovations that will further enhance the functionality of its proprietary Optimized Cascade natural gas liquefaction process or OCP™ technology, which is currently licensed in 27 processing trains worldwide. ** Canadian Solar Inc. announced its wholly-owned subsidiary, Recurrent Energy, LLC , is currently constructing the 28 MWac Maplewood 2 Solar Project for Energy Transfer , a Dallas-based Fortune 100 midstream …

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Barron chosen to lead ODOT’s Comptroller Division

  Christy Barron was named comptroller for the Oklahoma Department of Transportation in October 2020. Barron comes to the department from the City of Midwest City where she worked as treasurer and finance director since 2016. Prior to her time there, she served in the State Auditor and Inspector’s Office for nine years with positions …

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NGL Provides Update Relating to Grand Mesa Pipeline, LLC

  NGL Energy Partners LP  provides this update on certain bankruptcy proceedings related to a customer of its FERC regulated subsidiary Grand Mesa Pipeline, LLC. Extraction Oil & Gas, Inc., a firm that filed Chapter 11 bankruptcy in June of this year, is a customer of Grand Mesa under two Transportation Services Agreements  originally entered …

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Camino Natural Resources finishes two Canadian County wells

  Denver-based Camino Natural Resources LLC reports the completion of two wells from a single pad in Oklahoma’s Canadian County. The Guthrie 1207 well and its sister, the Geronimo 1207 had combined production of 703 barrels of oil a day from a pad located at 31 13N 7W, a site a few miles due north …

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WPX Energy Posts Loss of $148 Million for 3Q 2020

Tulsa-based WPX Energy reported a loss of $148 million, or $0.26 per diluted share, according to a press release issued by the company on Monday. The loss primarily was driven by a $110 million net loss on derivatives resulting from non-cash forward mark-to-market changes in the company’s hedge book, and a loss on the extinguishment …

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Williams Posts $308 Million in Net Income for 3Q 2020 Performance Results

Tulsa-based Williams announced strong 3Q20 results for the third quarter of 2020, according to a company press release issued on Monday. The energy company reported net income of $308 million, or $0.25 per diluted share, up $88 million when compared to net income of $220 million, or $0.18 per diluted share for 3Q19. Highlights include: …

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ONE Gas Reports Slight Increase in 3Q20 Results

Tulsa’s ONE Gas, Inc. announced its third quarter 2020 financial results on Monday showing a slight increase in net income and year to year income and declaring a quarterly dividend. Third quarter 2020 net income was $21.1 million, or $0.39 per diluted share, compared with $17.5 million, or $0.33 per diluted share, in the third …

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Oklahoma DEQ Offers Environmental Education Grants

The Oklahoma Department of Environmental Quality is accepting grant proposals for its Environmental Education Grant Program.  The grant must promote enthusiasm in youth for learning about the environment and natural resources. The grant is available for Oklahoma teachers, public or private (Preschool – 12th Grade), school environmental clubs, youth group leaders and/or organizations with a …

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