Author's posts
Schlumberger Enters Risky World of Upstream Production
You don’t need to venture into an American Indian casino in Oklahoma to gamble. Just do what Schlumberger’s doing—-getting into the oil and gas production end of the industry. The world’s largest oilfield services firm has apparently decided it wants to get in on the ownership action of upstream oil and gas production. Reports indicate …
Viking Energy Expands Holdings in Kansas With Expanded Exploration in Mind
New York-based Viking Energy Group announced this week it acquired more working interests in oil and gas-related leases in Eastern Kansas. Through its wholly-owned subsidiary, Mid-Con Drilling of Kansas it acquired 980 acres of property. The leases produce oil from the Cherokee formation at a depth of about 850 feet. Viking says they offer …
Samson Resources Announces New Wyoming Efforts
Tulsa’s Samson Resources II LLC plans to five five wells in southwestern Wyoming and at the same time speed up its program in the Powder River basin. Samson plans to use two rigs to drill wells in the Fort Union gas formation of Sweetwater county where Rock Springs is the county seat. The company says …
Rep. Mullin’s Amendments to Roll Back Obama Methane Rules Win Support in House
Oklahoma Congressman Markwayne Mullin’s move to roll back Obama-era environmental rules on limits of greenhouse emissions from oil and gas wells won approval Wednesday in the U.S. House. Two of this amendments were attached to a major spending bill that the House has yet to vote upon. Representatives voted 218-195 in favor of one amendment …
Oklahoma City’s Enable Midstream Makes $300 Million Purchase in Louisiana
Oklahoma City-based Enable Midstream Partners, LP has reached a $300 million deal to buy natural gas gathering and assets from Align Midstream, LLC in Northern Louisiana. The assets are in the Cotton Valley and Haynesville plays of the Ark-La-Tex Basin and extends Enable’s footprint in areas with increasing producer activity. Align runs nearly 190 miles …
Oklahoman Named to Top Interior Department Spot
Oklahoma native John Tahsuda III, a member of the state’s Kiowa Tribe was named this week to be a top official with the U.S. Department of Interior. Interior Secretary Ryan Zinke announced Tahsuda will become the department’s Principal Deputy Assistant Secretary of Indian Affairs. As Assistant Secretary, Tahsuda will be the first assistant and principal …
Boeing Lands $600 Million Contract for New Air Force One Jets
In a $600 million deal that could possibly impact Boeing workers in Oklahoma, the aircraft company has been awarded an Air Force contract to begin designing a new Air Force One presidential aircraft. Whether workers at Boeing’s facilities at Tinker Air Force base will be directly involved remains to be seen. But the contract calls …
EPA Begins Investigation into Arkema Plant Disaster Near Houston
The EPA has started investigating the chemical plant disaster that followed Hurricane Harvey flooding near Houston. It has made a request of the French company that owns the Arkema Inc. facility where chemicals exploded and caught fire. Reports indicate the Environmental Protection Agency is attempting to determine whether there might have been violations of the …
Marathon Reports 4 STACK Wells
The latest large oil well to be drilled in Oklahoma’s STACK started producing more than 1,700 barrels of oil a day when it was completed in June. Houston-based Marathon Oil hit the Ruthie (15 16N 9W) in Kingfisher county. The spud date was February 18 and drilling finished March 31 with completion made June …
Fourth Company Attempts to Buy Bankrupt Texas Energy Company
A federal court has issued a ruling that could eventually mean a new owner for Texas-based Oncor Electric Delivery. The U.S. Bankruptcy Court for the District of Delaware approved a merger deal between Energy Future Holdings and Sempra Energy. It’s considered to be a key move toward securing new ownership for EFH subsidiary Oncor. Sempra …