Midcontinent

Newly Formed Oklahoma Pure-Play Taking Linn, Citizen Assets to Accelerate STACK/SCOOP Development

Newly Formed Oklahoma Pure-Play Taking Linn, Citizen Assets to Accelerate STACK/SCOOP Development

Linn Energy Inc., which emerged from the commodity price downturn smaller but still energized, on Wednesday agreed to combine forces with a private operator to create Roan Resources LLC, whose goal is to accelerate development in Oklahoma’s prolific Anadarko Basin.

June 28, 2017
NextEra Reports Three NatGas Pipelines ‘On Track’ But Bids Happy Trails to Sooner Trails

NextEra Reports Three NatGas Pipelines ‘On Track’ But Bids Happy Trails to Sooner Trails

NextEra Energy Inc. said three natural gas pipelines under development by a subsidiary are on track, but FERC records show the company’s plans for a fourth pipeline that would serve the Midcontinent region have been withdrawn.

April 26, 2017
E&Ps STACK-piling Acreage, See Major Upside in Midcontinent

E&Ps STACK-piling Acreage, See Major Upside in Midcontinent

Though often overshadowed by its Permian cousin to the south, the Anadarko Basin, with its stacked reservoirs, is generating plenty of buzz in its own right heading into 2017.

October 19, 2016
NatGas Cash Up A Nickel, Northern Border Ventura Flounders; Futures Gain 4 Cents

NatGas Cash Up A Nickel, Northern Border Ventura Flounders; Futures Gain 4 Cents

Physical gas for Tuesday delivery gained ground Monday as a strong screen and firm pricing in the East, Gulf and Midwest were able to overcome softer pricing in the Midcontinent and California.

April 18, 2016
NatGas Cash Up A Nickel, Northern Border Ventura Flounders; Futures Gain 4 Cents

NatGas Cash Up A Nickel, Northern Border Ventura Flounders; Futures Gain 4 Cents

Physical gas for Tuesday delivery gained ground Monday as a strong screen and firm pricing in the East, Gulf and Midwest were able to overcome softer pricing in the Midcontinent and California.

April 18, 2016
SandRidge Considers Bankruptcy, Sees ‘Substantial Doubt’ to Continue as Going Concern

SandRidge Considers Bankruptcy, Sees ‘Substantial Doubt’ to Continue as Going Concern

SandRidge Energy Inc. is evaluating options to take the company private or voluntarily reorganize under Chapter 11, the Oklahoma City-based independent said Wednesday.

March 30, 2016

Struggling Lucas Energy Remaking Itself With Midcontinent Deal, Name Change

Houston-based Lucas Energy Inc. is entering the Midcontinent by acquiring working interests in producing properties and undeveloped acreage, mainly in Central Oklahoma’s Hunton formation, in a cash, debt and equity deal. The company plans to rebrand itself as Camber Energy Inc. following completion of the acquisition. Shares soared on the news Thursday.

December 31, 2015

Gastar Earnings Report Points to Economics Behind Planned Appalachian Divestiture

Hammered by Appalachian basis differentials, Gastar Exploration Inc. plans to continue focusing its capital on the Oklahoma liquids plays as it proceeds with plans to sell off its Marcellus and Utica acreage.

November 9, 2015
Advancing Weather Lifts Cash NatGas; Futures Mixed

Advancing Weather Lifts Cash NatGas; Futures Mixed

Physical natural gas for Thursday delivery staged a broad, double-digit advance in Wednesday’s trading as a strong cold-weather system was expected to pound Rocky Mountain locations and move eastward impacting the East by the weekend. Nearly all points posted double-digit gains, but the Rockies and Midcontinent held a slight edge to the Midwest and Gulf.

November 4, 2015
Physical NatGas Flat, But August Futures Drops 8 Cents on EIA Data

Physical NatGas Flat, But August Futures Drops 8 Cents on EIA Data

Traders elected to get their deals done ahead of the Energy Information Administration’s (EIA) storage report Thursday and may have dodged a bullet or two in the process.

July 23, 2015
1 3 4 5 6 7 16