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Tag Archives: oil and gas

ND Gov. Burgum welcomes Hess and Targa’s $150M Bakken investment

Gov. Doug Burgum welcomed news today that Hess Midstream Partners and Targa Resources will build a $150 million gas processing plant near Watford City, as North Dakota produces record volumes of natural gas and approaches record high oil production. The Little Missouri Four gas plant will process 200 million cubic feet of gas per day at Targa’s existing Little Missouri ...

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ONEOK to invest $1.4B in natural gas infrastructure

ONEOK, Inc. announced plans to invest approximately $1.4 billion to construct a new pipeline, and related infrastructure, to transport natural gas liquids (NGLs) from the Rocky Mountain region to the company’s existing Mid-Continent NGL facilities. The Elk Creek Pipeline – an approximately 900-mile, 20-inch diameter pipeline that is expected to be completed by the end of 2019 – will have ...

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ND Governor Challenges Bakken Oil Companies: Produce 2-Million-Barrels-a-Day

This is installment one of a five-part series investigating North Dakota Governor Doug Burgum’s year-end address to the energy industry.  By Jason Spiess, The Crude Life Media Network Tis’ the season for annual meetings and North Dakota Governor Doug Burgum caught many people’s attention with his public speech that was making the rounds. Burgum took full advantage of his invitation ...

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U.S. oil poised as next swing producer – INTERVIEW

energy market, oil swing producer

Oil prices have taken a wild ride in recent years, and nobody knows exactly where they will settle. Some market analysts, though, have a better idea than others. Brent Berarducci of Blacklion Capital Management, namely, is one unique to the oil and gas financial market. His boots have been on the ground (as well as 30,000+ feet in the air) ...

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Jenkins, Pompeo warn of ‘attack’ on fossil fuel industry

oil and gas, fossil fuel,

WICHITA, Kan. (AP) — Kansas oil and gas producers listened to dire warnings about their industry’s future from two House members during their convention in Wichita. U.S. Rep. Lynn Jenkins told the Kansas Independent Oil and Gas Association on Monday that it is still an assault on the industry by President Barack Obama’s administration from a regulatory environment to tax ...

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Oklahoma City-based Kimray Inc. announces more layoffs

Kimray

OKLAHOMA CITY (AP) — An Oklahoma City-based company that makes equipment used in oil- and gas-fields will lay off 120 employees by the end of the week. The layoffs at Kimray Inc. announced Monday come after the company laid off 65 employees in March. Another 128 employees accepted voluntary buyouts in 2015. The latest cuts will leave the company with ...

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