Some changes to Oklahoma’s Petroleum Storage Tank rules have been approved by the Corporation Commission. The changes focused on fuel inspection, underground storage tanks, aboveground storage tanks, indemnity fund and corrective action of petroleum storage tank releases. The changes were identified in an announcement by the OCC: “The proposed permanent rules for the Petroleum Storage …
Big leadership changes are coming to Oklahoma City’ Continental Resources, Inc., the company founded 52 years ago by oilman Harold Hamm. Effective January 1, 2020, Hamm, who hold formal titles of Founder and Chief Executive Officer will step up to the role of Executive Chairman. William Berry has been named the new Chief Executive Officer …
Renewable energy played a significant role in the rebuilding of Greensburg, Kansas, a town of 1,400 literally destroyed by a tornado in 2007. A dozen years later, the town is thriving, thanks in large part to assistance from the U.S. Department of Energy and wind-supplied electricity. Click here to read entire story from Utility Dive, …
Permian Basin oil is being shipped overseas as EPIC Crude Holdings, LP announced one of its subsidiaries has loaded and launched the first shipment of crude from a terminal at the Corpus Christi, Texas Ship Channel. The shipment was sent from the IGC marine terminal which was formerly the International Grain Port Terminal and repurposed …
ONEOK, Inc. based in Tulsa announced the completion of its Elk Creek Pipeline. Natural gas liquids volume is now flowing on the fully completed 900-mile pipeline, which extends from the Williston Basin to ONEOK’s existing Mid-Continent NGL facilities in Bushton, Kansas. Elk Creek has the capacity to transport up to 240,000 barrels per day of unfractionated NGLs and the …
Jones Energy II, Inc. a long-time exploration firm familiar in western Oklahoma and the Texas Panhandle has been acquired by year-old Revolution II Wi Holding Company LLC of Oklahoma City is a $201 million deal. Revolution Resources will pay shareholders in Jones Energy, based in Austin, Texas $14.11 in cash for each share of the …
** ONEOK, Inc. will participate in the Wells Fargo Midstream and Utility Symposium Dec. 11-12, 2019, in New York City. ONEOK management will present at the conference at 4:45 p.m. Eastern Standard Time (3:45 p.m. Central Standard Time) on Wednesday, Dec. 11. The presentation will be webcast and accessible on ONEOK’s website, www.oneok.com. A replay of the webcast will be …
Are the Russians behind some of the anti-fracking movement in the U.S.? Now before you think it’s a half-baked idea, the very possibility of such Russian interference arose in the recent House impeachment hearings against President Trump. And it caught the attention of Steve Bucci, a military assistant to former defense secretary Donald Rumsfeld. Bucci …
Devon Energy Corp. announced Tuesday it has entered into an agreement with Dow (NYSE: Dow) to jointly develop a portion of the company’s STACK acreage in central Oklahoma. Under this agreement, Devon will monetize half of its working interest in 133 undrilled locations in exchange for approximately a $100 million drilling carry over the next …
An oil spill involving more than 20,000 gallons of oil is under investigation in North Dakota. The Associated Press reported that vibration in an oil tank reportedly caused a bolt to come off and spill the more than 542 barrels of oil in western North Dakota near Watford City. The North Dakota Oil and Gas …