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$400 Million Project Planned for Oklahoma East STACK Play #OilmanNEWS 2017 November-December Oklahoma 

$400 Million Project Planned for Oklahoma East STACK Play

Oklahoma-City based Tall Oak Midstream III, LLC announced on September 19 that it is building a natural gas gathering system in Oklahoma’s East STACK play, the next large project which is part of a series of investments the firm has dedicated to developing its prospects in the region. Tall Oak III was formed two months ago with financial backing of... Read More
Oklahoma City Firm Plans to Pioneer Drilling of Two-Mile Horizontal Well #OilmanNEWS 2017 November-December Oklahoma Upstream 

Oklahoma City Firm Plans to Pioneer Drilling of Two-Mile Horizontal Well

Due to legislation that was part of Senate Bill 867, companies can now begin drilling two-mile long horizontal wells in non-shale rock layers in Oklahoma. As News OK first noted, Tapstone Energy, an Oklahoma-City based oil producer, plans to begin the process of drilling to such a length on its wells in Dewey County. Doing so would mark the firm... Read More
Exponent Energy Announces Major Operated Production Assets Purchase 2017 September-October Midstream Oklahoma Upstream 

Exponent Energy Announces Major Operated Production Assets Purchase

Exponent Energy (Exponent), a Tulsa, Oklahoma-based energy investment firm, is pleased to announce that it has purchased the Oklahoma production assets of Sanchez Midstream Partners LP (NYSE American: SNMP). These assets will be integrated into Exponent’s existing asset base of shallow, low cost, conventional production in the Mid-Continent Region. Exponent, which now has more than 400 operated wells in Texas... Read More
Halliburton Acquires Tulsa-Based Summit ESP #OilmanNEWS 2017 September-October Oklahoma 

Halliburton Acquires Tulsa-Based Summit ESP

A Tulsa-based oilfield equipment supplier has gained the attention of a large multinational oilfield services provider. The Oklahoma-based firm, Summit ESP, notably impressed Halliburton, as evidenced by the fact that Halliburton announced on Wednesday, July 5th, that it was purchasing Summit. Summit ESP maintains a focus on manufacturing and servicing a comprehensive product portfolio for electrical submersible and surface pumping... Read More
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