Oklahoma

PHX Growing Haynesville, SCOOP Royalty Position Amid Natural Gas Price Slump

PHX Growing Haynesville, SCOOP Royalty Position Amid Natural Gas Price Slump

PHX Minerals Inc. is using the current natural gas price downturn to expand its mineral and royalty positions in the Haynesville Shale and South Central Oklahoma Oil Province (SCOOP) plays, management said Thursday. The Fort Worth, TX-based independent agreed to acquire about 988 net royalty acres in the Haynesville and SCOOP from five separate sellers…

August 28, 2023
New Partnership to Advance LNG Fuel Use in Kansas, Oklahoma E&P Operations

New Partnership to Advance LNG Fuel Use in Kansas, Oklahoma E&P Operations

United Energy Corp. (UNRG) and Houston-based Bridge Energy LLC are partnering to expand LNG processing capabilities for exploration and production (E&P) operations in Kansas and Oklahoma.  The joint venture would use scalable gas liquefaction systems from Arc Energy. The first system, to be installed by the end of the year, would produce up to 7,000…

August 9, 2023
Cheniere’s Midship Ordered to Compensate Oklahoma Landowners for 1.1 Bcf/d Natural Gas Pipeline Construction

Cheniere’s Midship Ordered to Compensate Oklahoma Landowners for 1.1 Bcf/d Natural Gas Pipeline Construction

A federal court in Oklahoma has ordered Cheniere Energy Inc.’s Midship Pipeline Co. LLC to pay landowners nearly $170,000 plus interest for the use of private land during the pipeline’s construction.  The pipeline started flowing up to 1.1 Bcf/d of natural gas in April 2020. However, area landowners in August 2021 said pipeline construction had…

June 5, 2023
Oklahoma Shuts In Disposal Wells, Calls for E&Ps to Reduce Wastewater Following Tremors

Oklahoma Shuts In Disposal Wells, Calls for E&Ps to Reduce Wastewater Following Tremors

After a series of earthquakes recently erupted near Oklahoma’s Arbuckle formation, state regulators have called for oil and gas operators to reduce well wastewater, affecting 23 disposal wells.  A 4.0 magnitude and a few smaller magnitude earthquakes hit Carney, OK, earlier this month. The tremors led the Oklahoma Corporation Commission’s (OCC) Oil and Gas Conservation…

April 10, 2023
Shale Pioneer Hamm Ups Deal Price in Taking Continental Private

Shale Pioneer Hamm Ups Deal Price in Taking Continental Private

Harold Hamm, the billionaire executive chairman of Continental Resources Inc., is set to take the largest Bakken Shale producer private with a new deal announced Monday. The Oklahoma City-based public explorer entered into an agreement with Omega Acquisition Inc., an Oklahoma subsidiary owned by Hamm, to begin a tender offer for the company’s outstanding common…

October 17, 2022
Court Rejects Industry, Wyoming Challenge to Biden Administration’s Oil, Gas Lease Pause

Court Rejects Industry, Wyoming Challenge to Biden Administration’s Oil, Gas Lease Pause

The Biden administration’s Bureau of Land Management (BLM) has broad authority to postpone oil and gas lease sales to address environmental concerns, a federal judge ruled in tossing one of several lawsuits filed by industry groups and GOP-led states. U.S. District Court Judge Scott Skavdahl of the District of Wyoming last Friday (Sept. 2) ruled…

September 7, 2022
Oneok Investigating Fire at Oklahoma’s Medford NGL Fractionator

Oneok Investigating Fire at Oklahoma’s Medford NGL Fractionator

Tulsa-based Oneok Inc. on Monday was working with Oklahoma emergency responders and regulatory authorities to evaluate the damage at its Medford natural gas liquids (NGL) fractionation facility following a fire on Saturday. All of the midstream operator’s personnel were accounted for, according to spokesperson Brad Borror. The company was continuing to “prioritize the safety of…

July 11, 2022
EnLink Expects Permian, Oklahoma to Lead Natural Gas Supply Growth in 2023

EnLink Expects Permian, Oklahoma to Lead Natural Gas Supply Growth in 2023

Higher commodity prices are driving double-digit natural gas volume growth in the Permian Basin for EnLink Midstream LLC, but the turnaround in Oklahoma production is “perhaps the most impressive,” according to management. “The volume story out of Oklahoma continues to brighten as producers have responded to the improved pricing environment,” said EnLink COO Ben Lamb…

May 25, 2022
Anadarko-Focused E&P Rebrands to Canvas from Chaparral

Anadarko-Focused E&P Rebrands to Canvas from Chaparral

Independent Chaparral Energy Inc. has been rebranded as Canvas Energy Inc., still privately held and still based in Oklahoma City. “Our new brand represents a renewed sense of purpose, enthusiasm and commitment to our employees, stakeholders, vendors and local communities to name a few,” said Canvas CEO Chuck Duginski. The company held about 231,000 net…

April 21, 2022
TC Testing Support to Expand Marketlink Oil Transport from Oklahoma to Texas Coast

TC Testing Support to Expand Marketlink Oil Transport from Oklahoma to Texas Coast

TC Energy Corp. is gauging customer interest in oil transportation services that would connect Oklahoma crude supply with downstream refining markets on the Texas coast. The binding open season to solicit firm commitments for oil transportation service on the Marketlink Pipeline System was launched Friday. Marketlink has a capacity of 750,000 b/d and connects to…

April 8, 2022
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