Oklahoma energy briefs for Dec. 13, 2013

Oklahoma energy briefs for Dec. 13, 2013
Modified: December 12, 2013 at 7:29 pm •  Published: December 13, 2013
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Energy organization is renamed

The Midcontinent Oil and Gas Association of Oklahoma has changed its name to the Oklahoma Oil and Gas Association. The new name and logo were unveiled Thursday at the association's annual meeting. The new name reflects the focus brought by association President Chad Warmington. “It is vital that our name accurately reflects who we are and what we do. The name Oklahoma Oil and Gas Association clearly states that we represent the companies that make up the oil and gas industry in Oklahoma,” Warmington said. “However, we are not just focused on exploration and production companies. We have a much broader focus, one that encompasses the midstream and downstream sectors of the industry.” The association was formed by a group of independent oil men in 1917.

Enable Midstream adds website

Enable Midstream Partners LP established its web presence on Thursday. “The site is one more step for customers, suppliers and job seekers to learn more about the services and opportunities we offer,” Chief Operating Officer Keith Mitchell said. The new site, EnableMidstream.com, includes general information about the company, with links to the customer portals and Web pages of parent companies CenterPoint Energy Inc. and OGE Energy Corp. subsidiary Enogex.

Williams reviews blast findings

The Williams Cos. Inc. is reviewing the investigation findings from the Occupational Safety and Health Administration inquiry of the June 13, 2013, explosion at its Louisiana olefins plant. Two people were killed and more than 70 were injured in the blast, leading OSHA to cite the company for six process safety management standard violations with proposed penalties totaling $99,000. “Williams cooperated in a full and transparent manner to support OSHA's investigation, and we are in the process of reviewing the analysis,” said John Dearborn, senior vice president of NGL and petchem services. “In addition to conducting our own internal incident investigation, we are committed to learning from OSHA's report to further enhance safety at the Geismar plant and across our organization.” Williams is working to rebuild and expand the plant by April.

Templar founder joins OERB

Templar Energy founder and CEO David Le Norman has been added to the board governing the Oklahoma Energy Resources Board. Le Norman has more than 25 years of industry experience. “The work the OERB does through well site restoration and education is so important to our industry,” Le Norman said.

Laredo Petroleum OKs budget

Laredo Petroleum Holdings Inc.'s board approved a $1 billion capital budget for 2014. The development-focused capital program is expected to drive annual production growth by about 30 percent a year from the company's Permian Basin properties. “We are now moving into full-scale development of our Permian-Garden City asset,” CEO Randy A. Foutch said. “Laredo's expected activities for 2014 represent the culmination of the process we put forward in 2012 to confirm a significant portion of our acreage for horizontal development from multiple zones and the optimal spacing, both vertically and horizontally, of the laterals. ... We are now beginning to implement our multi-zone development plan by building out several production corridors to support more efficient, multi-well pad development. Expected cost savings associated with this plan will serve us well as we begin the ramp-up of development drilling activities to accelerate the value recognition from our Permian-Garden City asset.”



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