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Mammoth Energy Acquires Three Oil Companies #OilmanNEWS 2017-May-June Oklahoma 

Mammoth Energy Acquires Three Oil Companies

Mammoth Energy Services, Inc., announced on March 21st that it is purchasing three oilfield services companies in an effort to further its offerings in the industry. “The pending acquisitions of Taylor Frac, Stingray Energy Services and Stingray Cementing represent a natural step for Mammoth to continue to expand its integrated service offering,” stated the Oklahoma-based company’s CEO Arty Straehla. Mammoth... Read More
Williams Reports Impressive Fourth Quarter Performance #OilmanNEWS 2017 March-April Oklahoma 

Williams Reports Impressive Fourth Quarter Performance

On Feb. 15, The Williams Companies, Inc. released its fourth quarter and total year performance for 2016. The Tulsa, Okla.-based company reported an unaudited net loss of $15 million for 4Q16, a $700 million improvement from a 4Q15 net loss of $715 million. For the entire year, Williams reported an unaudited net loss of $424 million, a $147 million improvement... Read More
MPLX Purchases Ozark Pipeline for $220 Million #OilmanNEWS 2017 March-April Oklahoma 

MPLX Purchases Ozark Pipeline for $220 Million

Findlay, Ohio-based MPLX LP announced on Feb. 13 that it agreed to purchase the Ozark Pipeline from Enbridge Pipelines, LLC. MPLX is a limited partnership that was formed by Marathon Petroleum Corp. in 2012 with a focus on acquiring and developing midstream energy infrastructure assets. The firm agreed to pay Enbridge $220 million for the 433-mile pipeline. The Ozark pipeline... Read More
Tulsa Company Agrees to Pay Fine to Settle EPA Charges #OilmanNEWS 2017 March-April Oklahoma 

Tulsa Company Agrees to Pay Fine to Settle EPA Charges

By Tim McNally Tulsa, Okla.-based Magellan Pipeline Company L.P. has agreed to pay a fine of $2 million, in addition to $16 million for recovery purposes, to the Environmental Protection Agency (EPA) to settle accusations that it violated federal pollution policies. The company has been under fire because it ignored certain regulations outlined in the Clean Water Act. The firm’s... Read More
Oklahoma Oil and Gas Industry Sees ‘Slow but Steady Improvement’ 2017 January-February Oklahoma 

Oklahoma Oil and Gas Industry Sees ‘Slow but Steady Improvement’

Edited by Jennifer Delony Oklahoma State Treasurer Ken Miller in December said that the state’s oil and gas industry is making “slow but steady improvement.” Miller said that, for the second month, November tax collections from the production of oil and natural gas exceeded collections from the same month of the prior year. Prior to October, gross production tax collections... Read More
Oklahoma AG Nominated as Director of EPA 2017 January-February Alex Mills Contributors Oklahoma 

Oklahoma AG Nominated as Director of EPA

By Alex Mills President-elect Trump’s nominee for Director of the Environmental Protection Agency, Oklahoma Attorney General Scott Pruitt, has been met with praise and criticism from members of the Senate, who will be voting to confirm him soon after Trump takes office on Jan. 20. Praise has come from both Senators from Oklahoma, Jim Inhofe and James Lankford, and numerous... Read More
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