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,…
Oklahoma
Articles from Oklahoma

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…

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.

NGI The Weekly Gas Market Report
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.

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.
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.
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.

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.

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.
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.