Tulsa-based NGL Energy Partners LP has launched a $150 million share buy back program. The announcement came on Friday as the company’s Board of Directors of its general partner said it was attempting to repurchase its outstanding units representing limited partnership interest of NGL through September 30, 2021. NGL may repurchase units from time to …
Tulsa-based ONEOK, Inc. plans to be at this week’s Barclays CEO Energy conference in an attempt to acquire more investors and convince those it already has to invest more in the company. Management from the company will make a presentation at the conference on Wednesday, Sept. 4 at 8:05 a.m. Central Daylight Time. The presentation …
Just weeks after getting combined production of 4,900 barrels of oil a day from a four-well pad and 2,200 from a 3-well pad in Kingfisher County, Houston’s Marathon Oil Company did it again in the STACK play. Completion reports show the company had a two-well pad a mile west of the city of Kingfisher …
Tulsa’s Williams Cos. got a break from the federal government in recent days when the Federal Energy Regulatory Commission ruled New York state waived its water quality authority for the Constitution Pipeline, placing the natural gas project back on track after being stalled since April 2016 when state regulators denied a permit. The vote by the …
Labor Day pays tribute to the contributions and achievements of American workers, and Labor Day 2019 occurs on Monday, September 2 (it’s traditionally observed on the first Monday in September). It was created by the labor movement in the late 19th century and became a federal holiday in 1894. Labor Day, an annual celebration of workers and their achievements, originated during one …
Remember when the state government in Oklahoma was flush with money from oil and gas revenue? Now New Mexico is in the same situation prompting one legislative leader to quip, “the future looks good for New Mexico.” And it’s all because of the oil and gas development growing in Southeastern New Mexico where part of …
The Kansas Corporation Commission has started an investigation to determine the cause of a string of strong earthquakes that Hutchinson earlier in August. The largest of the August 16 quakes was 4.2 magnitude, strong enough to be felt by residents in Ponca City, Oklahoma and Kansas City, Missouri. Windows were broken by the quake in …
The city of Tulsa got good news this week when American Airlines announced it would add 400 jobs to its maintenance operation where there are already 5,200 employees. The Tulsa World reports that additional maintenance work such as scheduled maintenance on the Boeing 787 fleet created a new for new positions at Tech Ops Tulsa. …
Oil and gas companies would face looser controls on emissions of potent climate-changing methane gas under a proposal expected from the Trump administration this week, oil industry and environmental groups say. The Associated Press reports the government’s plan would ease requirements on oil and gas sites to monitor for methane leaks and plug them. Reports …
A federal study examining the volatility of Bakken oil is giving North Dakota officials encouragement in their petition to overturn a Washington state law that targets oil train shipments. A study completed by Sandia National Laboratories concluded this month that “vapor pressure is not a statistically significant factor” in determining the fiery characteristics of oil train …