Another energy company is putting down roots in Oklahoma City.
Blueknight Energy Partners LP announced Monday that it has established its corporate headquarters in MidTown, moving into the former Packard dealership at 201 NW 10.
“The designation of our new Oklahoma City corporate headquarters in the historic MidTown district fits within our long-term growth plan to elevate our presence and pursue opportunities with energy companies operating in this part of the country,” said Michael Cockrell, Blueknight's president and chief operating officer. “Oklahoma City has positioned itself as a top-tier location for energy companies and corporate headquarters, and we are pleased to contribute to that distinction.”
Blueknight, a one-time subsidiary of SemGroup Corp., had been based in Tulsa. The midstream company will maintain a regional office there for its accounting, financial services, human resources and information technology functions.
Blueknight has about 500 employees, with 150 in Oklahoma, including 30 in Oklahoma City and 35 in Tulsa.
Officials decided last fall to move Blueknight's Edmond office to the larger space in MidTown because it was a more convenient location for its employees in central Oklahoma.
Allowing for growth
“This new space allows us to consolidate some logistical and planning operations while enabling us to accommodate growth and future expansion,” said Duke R. Ligon, chairman of Blueknight's board. “In the past decade, Oklahoma City has emerged as a significant energy center, and Blueknight stands to benefit when it comes to attracting and retaining management and technical talent. We are proud to add our name to the list of energy companies populating and growing downtown Oklahoma City.”
Downtown Oklahoma City is also home to independent oil and natural gas producers Devon Energy Corp., SandRidge Energy Inc. and Continental Resources Inc. Pipeline company Enogex recently completed its move to Leadership Square.