This week’s announcement of a newly-formed partnership between Valiant Midstream LLC and Antioch Energy focusing on natural gas gathering operations in eastern Oklahoma resulted in a major step for Valiant Midstream. “Valiant Midstream is now the third largest midstream company headquartered in the OKC area and this recent deal and project will add significant growth …
While the nation’s oil and gas rig count slipped by 13 in the past week, the number of active rigs in Oklahoma stayed at 140. Figures from Baker Hughes Co. and the Red Top Rig Report showed the national count fell to 1,044. The number of oil rigs fell by 9 to 860 while the …
While Oklahoma City’s Devon and other top producers in the Permian Basin continued their race to produce more oil, it’s resulted in in a huge jump in housing around Midland, Texas. A report by the Permian Basin Board of Realtors indicated the average price for a home in July had risen to $355,4569. …
Oklahoma’s efforts to target environmental protesters at pipelines and other energy projects are being copied in numerous other states. Witness the success of the new law in putting an end to efforts of Native American protesters to stage a Dakota Access Pipeline style demonstration at the Diamond Pipeline that was completed last year. The law …
Things are not as dry as they once were earlier in the summer in parts of Oklahoma as many oil patch workers will tell you. Rain fell Friday morning for the third straight morning in western and northern Oklahoma, helping relieve the dry conditions and filling farm ponds where water is used in fracking projects. …
Koch Methanol, one of the subsidiaries of Koch Ag and Energy Solutions out of Wichita, Kansas has acquired an indirect minority equity interest in a $1.85 billion methanol production facility under construction in St. James Parish, Louisiana. Koch made the agreement with Yuhuang Chemical Industries which is a wholly owned subsidiary of Shandong Yuhuang Chemical …
With pipelines throughout Oklahoma and dozens of other states, Energy Transfer Partners, L.P. based in Dallas won federal approval for its Rover Pipeline in West Virginia, Ohiol and Pennsylvania. Approval came from the Federal Energy Regulatory Commission and it will allow for 100 percent of the long-haul contractual commitments on Rover to begin in a …
Former Oklahoma Congressman Jim Bridenstine was all smiles on Thursday as he hosted U.S. Vice President Mike Pence. Why wouldn’t he be? After all, now the head of NASA, Bridenstine had made returning man to the moon one of his goals and projects as he was considered to be the leader of the U.S. space …
Marathon Oil Company is reporting the completion of two wells, each producing more than a thousand barrels of oil daily, nearly 8 months after they were completed in Kingfisher County. Drilled at the same site about 12 miles southwest of the city of Kingfisher the largest is the Tan 1509-5-4-33mxh which had production of 1,673 …
Two Oklahoma City energy companies announced Thursday they had formed a partnership concerning their operations in eastern Oklahoma. Valiant Midstream LLC announced it has entered into a long-term, fee-based natural gas gathering and processing agreement with Antioch Energy LLC. Antioch’s dedication of more than 275,000 gross acres brings Valiant Midstream’s total acreage commitments in the …