Oklahoma

The Permian Basin remains its largest growth market, but with natural gas supply and demand dynamics shifting, Louisiana will surpass Oklahoma to become EnLink Midstream LLC’s second largest segment this year, according to management.  “In 2019, Oklahoma and North Texas represented over 60% of our segment profit mix,” CFO Ben Lamb said. Today, “the Permian…

The Grand River Dam Authority (GRDA) selected Mitsubishi Power Americas Inc. to install a second 500-MW simple-cycle gas turbine at the Grand River Energy Center to support energy generation while wrapping up coal retirements for Oklahoma’s largest public power utility.  Florida-based Mitsubishi Power and GRDA agreed to install the turbine at the Chouteau, OK-based facility.…

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…

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…

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…

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…

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…

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…

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…