Ceremonies were held Wednesday marking OGE’s installation of new smart LED lighting on historic Route 66 in the City of Bethany. OGE explained it was building upon the innovative Smart Grid platform and replaced 250,000 street and security lights with smart LED lights in its 30,000 square-mile service area. The smart LED lights allow OGE …
Oklahoma Congressman Markwayne Mullin and others on an Energy subcommittee of the House Energy and Commerce committee plan a markup Thursday of a bill to modernize the Department of Energy’s security missions. The subcommittee will consider legislation H.R. 6511,the Strategic Petroleum Reserve Reform Act authored by Texas Republican Rep. Joe Barton and Democratic Rep. Bobby …
Tulsa’s Magellan Midstream Partners, L.P. has joined forces with Energy Transfer Partners, L.P. based in Dallas and Delek US Holdings Inc. to announce plans to construct a new crude oil pipeline from the Permian Basin to the Texas Gulf Coast region. The 600-mile 30-inch pipeline system is expected to be operational by mid-2020, carrying oil …
Oklahoma City’s Flywheel Energy LLC, a firm once known as Valorem Energy and founded in 2017 has pulled off a nearly $2 billion purchase of shale operations in Arkansas. The company paid $1.865 billion in acquiring Southwestern Energy Company’s natural gas properties and affiliated midstream business in the Fayetteville Shale. The deal is to close …
Flint Hills Resources, a subsidiary of Koch Industries and a firm with operations throughout Oklahoma announced this week plans to expand storage at its terminal in Ingleside, Texas. The outbound crude loading capacity will be increased to nearly 380,000 barrels a day. The project consists of construction of four new crude storage tanks, 60,000 barrels …
Interior Secretary Ryan Zinke’s top energy lawyer has left government employment to go to work for Dallas-based Cox Oil Offshore LLC. Vincent DeVito was Energy Counselor to Zinke but joined Cox Oil where he is an Executive Vice President and General Counsel. He went to work for Zinke in 2017 after being appointed by President …
The largest privately held midstream operator in the Southern Delaware Basin of West Texas just got bigger with the $950 million purchase of Caprock Midstream Holdings in Midland, Texas. Eagleclaw Midstream, a portfolio company of Blackstone Energy Partners announced this week it entered into binding agreements to acquire Caprock from Energy Spectrum Capital and Caprock …
Oklahoma oilfield worker Johnny Trent and two others who challenged what they thought were exorbitant medical helicopter flights have lost again in federal court. Trent was hurt in an oilfield accident near Elk City and was flown by helicopter to an Oklahoma City hospital. He was charged $45,101.94 for the 106 mile flight by Air …
Oklahoma Gas and Electric (OG&E) and the OGE Energy Corp. Foundation, Inc. will provide $70,000 to help fund teachers’ projects for the 2018-2019 school year. Funding for qualifying projects will be provided through DonorsChoose.org, a crowdfunding platform for educators. This year public school teachers will have two funding opportunities for their classroom projects: Matching funds …
The shortage of pipelines to move crude oil out of the Permian Basin in West Texas and Eastern New Mexico is making more and more headlines. Oil producers are turning to rail and trucks to move their product to the Gulf Coast refineries. Read how the San Antonio Express-News reported on the challenge.