The New York Stock Exchange has warned the Chesapeake Granite Wash Trust its trading is “below criteria” and subject to removal from the listing. The Trust owns royalty interests in oil, natural gas liquids and natural gas properties in Washita County, Oklahoma that were conveyed to the Trust by Chesapeake Energy Corporation. Being “below criteria” …
Oklahoma City’s Enable Midstream Partners, LP announced the offering of $550 million in senior notes. The offering includes 4.150% senior notes due 2029 at a price to the public of 99.821% of face value. Enable plans to close the offering on Sept. 13. Enable intends to use the net proceeds from the offering to …
Oklahoma City’s Gulfport Energy reports recent completions on a 3-well pad in Grady county with combined oil production of nearly 2,000 barrels a day along with more than 53,000 Mcf of natural gas. The three Jeannie 27x34h wells are located at 27 5N 6W or several miles southeast of Chickasha near the small town of …
The U.S. Environmental Protection Agency has ordered BP North America to pay a fine of more than $71,000 for a diesel spill last year in northeast Iowa. The EPA on Tuesday announced the fine for violations of the Clean Water Act. BP owns a 2.5 million gallon fuel storage tank at Peosta that leaked about …
A new solar farm in Baldwin City, Kansas highlights the growth made by Kansas in the past decade when it comes to renewable power generation. The solar panel field was unveiled Tuesday. A report in the Topeka Capital Journal indicated the state is prepared to make larger gains in the renewable energy field. Researchers, …
Two Houston pipeline operators have made an agreement to extend their operations in Colorado’s DJ Basin in a deal that will mean more oil flowing to Oklahoma’s Cushing Hub. Black Diamond Gathering, a joint venture between Noble Midstream Partners and Greenfield Midstream recently reached agreement to expand their oilfield footprint to 243,000 acres according to …
Phillips 66 Partners LP announced Wednesday it is offering $900 million in unsecured senior notes with intentions to use the proceeds to repay indebtedness. The offering includes $300 million of 2.450% unsecured senior notes due 2024 and $600 million of 3.150% unsecured senior notes due 2029. The 2024 notes were offered at a price to …
San Antonio-based NuStar Energy L.P. has completed and is moving crude oil on three key pipeline projects out of the Permian Basin to Corpus Christi for export. The lines are also carrying refined products into Northern Mexico. After finishing the partnership’s existing 16″ pipeline in South Texas, NuStar finished the second stage of its …
Oklahoma Gov. Kevin Stitt has signed an agreement creating a strategic alliance for improved water services in the state. It is an alliance between the State Secretary of Energy and Environment, the Oklahoma Department of Environmental Quality, the Oklahoma Water Resources Board and the Oklahoma Rural Water Association. The governor stated that the agreement will …
The latest wind farm to be built in Nebraska will be constructed by Orsted’s U.S. onshore company Lincoln Clean Energy. The firm issued the Final Notice to Proceed on its Plum Creek wind farm in Wayne County located in the northeast part of the state. The investment decision was made by Orsted’s Board of Directors …