OERB names associate director
The Oklahoma Energy Resources Board has selected Alisa Baez as associate director of the Committee for Sustaining Oklahoma's Energy Resources. The committee took on the duties of Oklahoma's Commission on Marginally Producing Oil and Gas Wells, which merged with OERB on July 1. Baez will oversee the marginal well commission's programs in the newly created position. She previously served as an adjunct professor at the University of Phoenix and regional development director at the American Red Cross of Central Oklahoma. “Alisa has an important job ahead of her, as we transfer the duties of the Marginal Well Commission to SOER, under the OERB banner,” OERB Executive Director Mindy Stitt said. “We know Alisa will do a fantastic job continuing the great programs of the MWC, and also bringing new ideas and growth to existing programs.”
Equal Energy executive retires
Equal Energy Ltd. executive Dell Chapman retired from the company this week after helping it move its financial operations from Calgary to Oklahoma City. “Dell has completed his role in the repositioning of Equal Energy as a U.S.-based energy company,” CEO Don Klapko said. “Dell has been a tremendous asset to our team and we wish him all the best.” Chapman had been Equal's senior vice president of finance, a position assumed by Scott Smalling. Smalling joined Equal in February as vice president and chief financial officer. “Scott has proved himself to be a valuable member of the executive team since joining Equal,” Klapko said. “We look forward to his continuing contributions to the company's success.” Equal relocated its corporate headquarters to Oklahoma City in March.
Sunoco gauges pipeline interest
Sunoco Pipeline L.P. is gauging interest in its Granite Wash Extension pipeline, which would provide crude oil takeaway capacity for growing production from the Granite Wash Shale in the Texas Panhandle and portions of western Oklahoma. An open season on the proposed pipeline began this week. The pipeline will originate in Wheeler County, Texas, and terminate in Ringgold, Texas. It will interconnect with an existing Sunoco Logistics Partners L.P. pipeline with the ability to provide transportation to Corsicana, Texas. From there, access to multiple pipelines will provide producers the ability to reach various markets and refineries on the Gulf Coast and in the Mid-Continent. Sunoco expects to lay about 200 miles of new pipeline and construct pump stations, tankage and truck unloading facilities. The pipeline extension is expected to have an initial capacity of 70,000 barrels per day when it becomes operational in 2014.
PennWell Corp. acquires network
TULSA — PennWell Corp. has acquired the Petroleum Network Education Conferences from Philip C. Crouse and Associates Inc. The Tulsa-based company also entered a consulting agreement with Cindy R. Crouse to run the annual event in Houston. The annual conference and exhibition focuses on the data integration, information and management disciplines critical to the global oil and gas industry. Terms were not disclosed. “We are enthusiastic about the opportunity to work with Mrs. Crouse on the development of this prestigious conference founded by her husband, Philip C. Crouse, as a longtime petroleum engineer and consultant,” CEO Robert F. Biolchini said.
Calif. firm completes $846M deal
BreitBurn Energy Partners LP has completed its acquisition of oil properties and associated midstream assets in the Oklahoma Panhandle from Whiting Oil and Gas Corp. for about $846 million, the California company announced this week. “We expect this transaction to deliver meaningful accretion to our distributable cash flow per unit and create solid long-term value for unit holders,” CEO Hal Washburn said. “It also bolsters our growing platform of assets, personnel, and technical capabilities in the Mid-Continent and Permian Basin and positions us to take advantage of what we believe to be great opportunities for further expansion in those regions.”
PSO to sponsor Tulsa Shock
TULSA — Public Service Co. of Oklahoma has signed as a sponsor in 2013 for the WNBA's Tulsa Shock. The utility company's sponsorship agreement with the Shock pro women's basketball team ultimately will provide funds for PSO's Light A Life Energy Fund, a program run by the Salvation Army that provides emergency funds for people who need help with energy bills. The Shock will raise money for the program at three July home games, beginning Friday. PSO and other businesses will match contributions during Home Energy Aid Week, which runs through July 25. “PSO is pleased to partner with the WNBA's Tulsa Shock. We are so impressed with the Shock's loyalty to the Tulsa metro community, particularly its focus on reaching out to the kids,” said John Harper, PSO's vice president for external affairs.
Energy conference set in Tulsa
The Committee for Sustaining Oklahoma's Energy Resources will host the second annual Mid-Continental Digital Oilfield Conference next month at the Hard Rock Hotel and Casino Tulsa. The Aug. 14-15 conference will focus on how automation processes have revolutionized oil fields by optimizing production, finding new reserves and improving safety and environmental compliance. Nearly 40 exhibitors and 250 attendees are expected at the conference, which will include eight technical sessions over the two-day period. For more information, visit www.digitaloilconference.com.
3 companies to host oil-field expo
Three state companies will be presenting sponsors of the inaugural OKC Oilfield Expo. Kimray Inc., Chappell Supply and BK Equipment LLC will sponsor the event billed as the largest industry-exclusive oil-field expo in Oklahoma by organizers Texas Classic Productions LLC. The expo is set for Oct. 16-17 at the Cox Convention Center. For more information, visit www.okcoilfieldexpo.com.
From Staff Reports