Oklahoma

Midcontinent Oil, Gas Execs Looking for Higher Prices to Boost Activity as Covid-19 Takes Toll

Midcontinent Oil, Gas Execs Looking for Higher Prices to Boost Activity as Covid-19 Takes Toll

Oil and natural gas operators that work through the midsection of the country faced dire activity levels during the second quarter and don’t expect much of an uptick through the rest of the year. The Federal Reserve Bank of Kansas City, aka the Kansas City Fed, every quarter traces energy activity in the Tenth District,…

July 13, 2020
Finally Toppled by Debt, Chesapeake in Bankruptcy

Finally Toppled by Debt, Chesapeake in Bankruptcy

Chesapeake Energy Corp., once a symbol of the American natural gas industry’s revival and a disruptive leader that helped spark the nation’s unconventional boom, filed for Chapter 11 protection on Sunday to wipe out $7 billion of debt.  The move follows months of speculation and years of cost-cutting initiatives at the Oklahoma City-based independent, which…

June 29, 2020
STACK-Focused Chisholm Seeking Chapter 11 Protection as Covid-19 Claims Another E&P

STACK-Focused Chisholm Seeking Chapter 11 Protection as Covid-19 Claims Another E&P

Tulsa-based Chisholm Oil & Gas Operating LLC, stung by low oil and gas prices and operational issues, is seeking to restructure through a Chapter 11 filing, an avenue more Lower 48 operators are pursuing in the wake of Covid-19.

June 19, 2020
Oklahoma Approves Relief Measure to Protect E&Ps Amid Coronavirus, Low Oil Prices

Oklahoma Approves Relief Measure to Protect E&Ps Amid Coronavirus, Low Oil Prices

The Oklahoma Corporation Commission (OCC), the state’s oil and gas regulator, on Wednesday approved a relief measure allowing operators to shut-in production without losing their lease rights.

April 22, 2020
Midship Pipeline Starts Service to Meet LNG, Gulf Coast Demand in a Down Market

Midship Pipeline Starts Service to Meet LNG, Gulf Coast Demand in a Down Market

Cheniere Energy Inc.’s Midship Pipeline has entered service to move more natural gas from the Midcontinent to Gulf Coast and Southeast markets, including the company’s Corpus Christi liquefied natural gas (LNG) export terminal in South Texas.

April 22, 2020

Black Bear Snaps Up Enbridge’s Ozark Natural Gas Business

Houston-based Black Bear Transmission LLC has acquired Ozark Gas Transmission LLC (OGT) and Ozark Gas Gathering LLC (OGG) from a subsidiary of Enbridge Inc.

April 2, 2020

Black Bear Snaps Up Enbridge’s Ozark Natural Gas Business

Houston-based Black Bear Transmission LLC has acquired Ozark Gas Transmission LLC (OGT) and Ozark Gas Gathering LLC (OGG) from a subsidiary of Enbridge Inc.

April 2, 2020
Permian Projects Dominate EnLink 2020 Capex; Oklahoma Driving Savings

Permian Projects Dominate EnLink 2020 Capex; Oklahoma Driving Savings

Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.

January 21, 2020
Permian Projects Dominate EnLink 2020 Capex; Oklahoma Driving Savings

Permian Projects Dominate EnLink 2020 Capex; Oklahoma Driving Savings

Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.

January 21, 2020

Continental Proves Its Primacy in Oklahoma’s SCOOP and STACK

Oklahoma City, OK-based Continental Resources Inc. turned in a third quarter earnings report that beat expectations across the board, but results in Oklahoma demonstrated the company’s dominance as one of the only producers to continuously outperform in a play that has sent multiple operators running.

November 1, 2019
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