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Hess wraps up $400 million sale of assets in Utica
Hess Corporation has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1. Proceeds from this transaction will be used to invest in the company’s higher return growth opportunities in …
Midland pipeline firm extends open season a 2nd time in the Permian
With pipelines in short supply to move crude oil out of the Permian Basin, Oryx Midstream Services II, LLC has extended for a second time the joint open season currently being held by its operating subsidiaries. Oryx Delaware Oil Gathering NM LLC, Oryx Delaware Oil Gathering TX LLC, Oryx Western Delaware Oil Gathering LLC and …
ONEOK to take part in Barclays Energy Conference
ONEOK, Inc. plans to take part in the upcoming Barclays CEO Energy Conference scheduled for Sept. 4-5 in New York City. Terry K. Spencer, ONEOK president and chief executive officer, will present at the conference at 8:05 a.m. Central time on Wednesday, Sept. 5. Spencer, along with Walter S. Hulse III, ONEOK chief financial officer …
September Transportation Commission Meeting to be held Sept. 10
Due to the Labor Day holiday, the Oklahoma Transportation Commission will hold its monthly meeting at 11 a.m. Mon., Sept. 10 in the R.A. Ward Transportation Building, 200 N.E. 21st St. in Oklahoma City.
Oil rig counts grew in past week in U.S. but slipped in Oklahoma
The nation’s oil and gas rig count grew by 4 in the past week to reach a total of 1,048 according to figures from Baker Hughes Co. Oklahoma’s count slipped by one to reach 139, compared to the 130 reported a year ago at this time. Nationally, the number of oil rigs grew by 2 …
Permits to drill issued for August 31, 2018
Permits to drill issued for August 31, 2018. Blaine County SCOTT 13_24-16N-10W #6HX, August 31 2018 12 16N 10W SWSESWSE API: 01124079 Lat: 35.870703226611546, Long: -98.21340047206982 DEVON ENERGY PRODUCTION CO LP HH, DR, 17363 ft, MISSISSIPPIAN(9294), WOODFORD(9852) Creek County DEEP FORK #7, August 31 2018 25 14N 7E SENENENW API: 03729411 Lat: 35.666825488197404, Long: -96.52180800554426 RESERVE …
Completion reports for August 31, 2018
Completion reports for August 31, 2018. ATOKA COUNTY Bravo Arkoma Llc Woodford(11157): Gas 5612 Water 387 Flow 31 2N 12E Cairo 3-31/30h, May 09, 2018 HH, GAS, TD: 22288 ft Lat: 34.59395, Long: -96.09153 API: 35005204600004 CARTER COUNTY Scout Energy Management Llc 5 3S 2W Sgdsu (Moyer 3) 45-3, June 10, 2018 SH, INJ, TD: 4503 ft Lat: 34.32436, Long: -97.43207 …
New Tulsa energy firm buys terminal at Cushing
Tulsa-based Crude oil logistics provider Getka Energy LLC has closed on the purchase of the former Pacer Energy Terminal located in Cushing, Oklahoma. The 28-acre property houses crude oil storage tanks and several LACT units. The terminal is connected to Enterprise Products’ Cushing Terminal via pipeline. Getka plans to upgrade the terminal to allow for increased throughput …
Oil industry leader says there’s another side to Oklahoma’s fracking success
As head of the Oklahoma Energy Producers Alliance, Mike Cantrell is a big supporter of oil and gas. But he’s also a critic of horizontal drilling and fracking, despite the economic impact they have had on the state. Read his opinion in the Friday edition of The Oklahoman: Fracking: The rest of the story
Environmentalists contend Kansas energy regulators aren’t following the law
Kansas energy regulators are being accused of continuing to allow oil and gas drillers to file applications for wastewater injection well permits and not giving the public adequate notice. It’s the claim of the Kansas Sierra Club and others who blame the wastewater wells for causing earthquakes in the Flint Hills of Kansas. The …