Inhofe, Lankford and Others Get Marching Orders on Biofuels Compromise

Oklahoma U.S. Senators Jim Inhofe and James Lankford and a handful of other oil-state Republicans have their marching orders from President Trump when it comes to a biofuels compromise. “Trump wants us to come to him with something that’s going to make both sides happy, and I believe we can do it and believe he …

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Chesapeake Exec to Keynote National Convention in Houston

Chesapeake Energy President and Chief Executive Officer Doug Lawler will be the keynote speaker at the 2018 NAPE Global Business conference in Houston. His address will be part of the 25th annual NAPE Summit week taking place Feb. 5-9, 2018. “NAPE’s 25th Anniversary is occurring during a pivotal time in our industry. While production levels are …

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Fledgling OKC Energy Firm Wraps up $285 million Purchase in Williston Basin

Oklahoma City’s based Valorem Energy, LLC has closed on its acquisition of LINN Energy, Inc.’s Williston Basin interests in a $285 million deal. Backed by Kayne Private Energy Income Fund, L.P., the fledgling independent oil and natural gas company purchased nearly 20,000 net acres in North Dakota, South Dakota and Montana. It includes an estimated …

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Tallgrass Energy Makes $250 million Offering

Tallgrass Energy Partners LP is trying to come up with more cash by making a $250 million offer of some of its senior notes that are due in 2028. Based in Leawood, Kansas, a suburb of Kansas City, the company’s offering involves 5.50% Senior Notes.  Tallgrass and Tallgrass Energy Finance Corp., a subsidiary of TEP …

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Summons Served in Lawsuit Over Tarcreek Superfund Buyout Audit

Updating the open records lawsuit filed by a Washington, D.C. based nonprofit watchdog against the state over the Tar Creek Superfund buyouts, the case has been assigned an Oklahoma County District court judge. The Campaign for Accountability filed suit in late November against Attorney General Mike Hunter and Oklahoma Auditor and Inspector Gary Jones, accusing …

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AAA Kept Busy With Dead Car Battery Calls in Cold Snap

It was cold enough this week in Oklahoma that AAA Oklahoma was kept busy with more than 1,200 calls—-most for dead car batteries. That’s since early Wednesday when temperatures dropped below freezing and undoubtedly the number grew as temperatures dropped into the teens and approached single digits in some places with the approach of the …

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BLM Announces Two-Year Delay of Obama Methane Emissions Rule

In a decision that won’t affect Oklahoma, the Trump administration plans to announce a two-year delay in implementing the 2016 Obama-era rule meant to curb methane emissions from natural gas drilling on public lands. However, Oklahoma firms carrying out exploration on public lands in other states could be affected. The Bureau of Land Management, in …

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Despite Government Assurances, Newkirk Residents Fear Homeland Security Chemical Test

Despite government assurances, residents of northern Oklahoma and southern Kansas continue to be concerned about a planned biosecurity drill to be held next year by the U.S. Department of Homeland Security. As OK Energy Today reported in November, the department plans to release inert chemical and biological simulant materials at the former Chilocco Indian School campus …

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Crude Oil Prices Jump in Thursday’s Trading

Crude oil prices were up more than 1 percent in Thursday’s trading in New York and overseas while natural gas prices took a dive. West Texas Intermediate crude rose 73-cents a barrel in trading on the New York Mercantile Exchange, finishing the day at $56,69 per barrel, meaning an increase of 1.30%. In London, Brent …

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Colorado Experienced a Dozen Other Explosions After a Deadly Home Blast Last Spring

Ever since a fiery home explosion killed two men last April near Denver, Colorado, the state has experienced a dozen other explosions in the oil and gas industry according to a review carried out by the Denver Post. The newspaper indicated no enforcement action of any kind against Anadarko Petroleum has occurred in the wake …

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