Operators of four saltwater disposal wells in Oklahoma’s STACK have agreed to stop operations for 30 days while state regulators investigate a sudden increase of saltwater. Matt Skinner, a spokesman for the Oklahoma Corporation Commission called it a “purge” of water to the surface. The purge produced an average of 68 barrels of saltwater a …
Lower costs for the fuel used to generate electricity means customers of Public Service Company of Oklahoma will soon see lower electric bills. Beginning with the October billing cycle, PSO is lowering the fuel cost adjustment on customer bills, which will result in decreases between 2.9 percent and 19.2 percent, depending on customer class …
A new law by South Dakota aimed against Keystone XL pipeline protesters has been put on hold by a Federal Judge. The law is similar in some ways to one signed into law by former Oklahoma Gov. Mary Fallin. U.S. District Judge Lawrence Piersol granted a preliminary injunction this week in a lawsuit filed against …
A southeast Iowa biodiesel plant has shut down, putting 16 people out of work. W2 Fuel in Crawfordsville made about 10-million gallons of biodiesel annually. It’s been nearly two weeks since Governor Kim Reynolds met with President Trump, seeking new policies that will increase the federal government’s renewable fuels production requirement. “It needs to …
Public Service Company of Oklahoma announced the appointment of a new manager of its power plant in Oologah. The company named Terry McGee as the Plant Manager for Northeastern State Units 1 and 2. McGee, who has nearly 40 years of experience working in power generation, assumes his new job after serving as Plant Manager …
A new oil gathering pipeline system is under construction in New Mexico’s Permian Basin. The announcement was made this week by LM Energy, formerly known as Longhorn Midstream based in Dallas. As the Carlsbad Current Argus reported, the firm indicated the work will be in the Northern Delaware Basin to serve customers in Eddy …
By Congressman Markwayne Mullin From dramatic speeches at the United Nations Climate Summit to climate protests halting traffic across the country, the topic of climate change and clean energy has dominated the news cycle. Clean air and clean water is an important issue, and it’s one that both sides could find common ground on if …
Tulsa-based WPX Energy plans to discuss its third-quarter 2019 financial and operations results during a webcast on Thursday, Oct. 31, 2019, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event and …
Tulsa’s NGL Energy Partners LP announced it has executed a definitive agreement to acquire all of the equity interests of Hillstone Environmental Partners, LLC from Golden Gate Capital for approximately $600 million, subject to certain adjustments. Hillstone provides water pipeline and disposal infrastructure solutions to producers with a core operational focus in the state line …
Tulsa-based NGL Energy Partners LP announced that on September 25, 2019, it entered into an agreement with institutional investors for the private placement of $200 million of NGL’s Class D Preferred Units and warrants to purchase common units representing equity interests in NGL. The Class D Preferred Units are additional preferred units of the …