Oklahoma

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
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
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

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
Candor Ramps SCOOP-to-Texas Natural Gas Service

Candor Ramps SCOOP-to-Texas Natural Gas Service

Houston-based Candor Midstream LLC has begun commercial service on its 100-mile, 20-inch diameter natural gas gathering system, which stretches from Carter County, OK, to a market area near processing facilities in North Texas near Bridgeport.

September 24, 2019
‘Swashbuckling’ T. Boone Pickens’ Oil, Gas Legacy Broad and Deep

‘Swashbuckling’ T. Boone Pickens’ Oil, Gas Legacy Broad and Deep

Thomas Boone Pickens Jr., who turned a borrowed investment to launch an oil company into billions of dollars, died Tuesday, leaving behind a legacy that will not be easily matched. He was 91.

September 11, 2019