Two major energy companies have joined forces to resume service on another pipeline to carry product directly out of the Permian basin to the coastal refineries. Enterprise Products Partners L.P. of Houston and Energy Transfer Partners, L.P. of Dallas formed a 50/50 venture to resume service of the Old Oceannatural gas pipeline that has …
An environmental study claims the damage from an oil spill at Michigan’s Straits of Mackinac could result in a $6 billion impact on the state’s economy. The study was carried out by FLOW, a science, law and policy center in Traverse City, Michigan and focused on the Line 5 spill that happened in April when …
ConocoPhillips, the company with a large operation in Bartlesville has announced a quarterly dividend of 28.5 cents a share. The company said it will be payable June 1 to stockholders of record at the close of business May 14, 2018. Now headquartered in Houston, ConocoPhillips not only has a refinery operation in Ponca City but …
The state holds a public hearing Tuesday, May 8 as part of its multi-million dollar settlement with Volkswagen following the car makers admitted emissions scandal. As OK Energy Today reported last month, in order for Oklahoma to get the $21 million share of the total U.S. settlement made by VW, it must created a Beneficiary …
An Austin, Texas political consultant who allegedly hired private investigators to put a GPS tracking device on the pickup truck of anti-wind legislator Rep. Mark McBride of Moore could be subpoenaed this week by an Oklahoma multi-county grand jury. The subpoena of George C. Shipley could come after the Oklahoma State Bureau of Investigation found …
Phillips 66 indicated that it could be weeks before work resumes on cleanup of a former DX-Sunray refinery near Comanche in southwest Oklahoma because of the presence of dangerous and possibly toxic fumes coming from the site. Over the past few weeks, there have been instances of neighbors turning ill and requiring medical treatment due …
Drilling activity is on the increase in the U.S. as rig counts in Oklahoma went up by 2 to hit 135 and the national count grew by 11 to 1,032. Reports from Baker Hughes Co. and the Independent Oil and Gas Association in Kansas showed increases in oil and gas drilling. The national count included …
There is good reason why Harold Hamm is smiling these days. His company Continental Resources’ multi-pad drilling in Blaine County has resulted in wells producing a combined total of nearly 15,000 barrels of oil a day. It is another case of the STACK offering massive production. Completion reports filed recently showed two sites, the Gillian …
Oklahoma Treasurer Ken Miller reports April Gross Receipts to the state treasury were up by more than 15 percent compared to one year ago. The report totaled $1.4 billion, the largest of the year, thanks to the income tax filing deadline. “This month’s gross receipts report again reflects a well performing economy,” said Miller. “Employment …
Midstates Petroleum, the Tulsa company that sought a merger with Oklahoma City’s SandRidge Energy and failed, will announce its first quarter 2018 earnings on Wednesday, May 9. The results will be released after the close of trading on the New York Stock Exchange. A conference call will be held the next day at 7:30 a.m. …