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.
Oklahoma
Articles from Oklahoma
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.
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.
‘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.