Meetings set on transmission line
The federal government plans to hold six public workshops in Oklahoma in the next few weeks to gather comments on a proposed high-voltage, direct-current electricity transmission line from the Panhandle to Tennessee. The Energy Department has started a so-called “scoping period” to determine what should be covered by a future environmental review of Clean Line Energy Partner's Plains and Eastern Clean Line project. Guymon will host the state's first meeting Jan. 28, followed by one Jan. 29 in Beaver. Other meetings will be Jan. 31 in Woodward, Feb. 4 in Muskogee, Feb. 5 in Cushing, and Feb. 7 in Enid. Each meeting will be from 5 p.m. to 8 p.m., including an hourlong formal presentation that begins at 6:30 p.m. For more information, including meeting locations, go to www.plainsandeasterneis.com.
OGE Energy donates computers
OGE Energy Corp. has donated more than 450 used computers to more than 40 nonprofits in its Oklahoma service territory. United Way of Central Oklahoma and Oklahoma Goodwill Industries coordinated the distribution of the laptops and desktop computers. It is the ninth year that OGE Energy has donated used computers. “The donation of these computers will help nonprofit organizations support the many worthy programs they offer in communities across Oklahoma and Arkansas,” Kathleen O'Shea, manager of OGE corporate communications, said in a statement. “This program continues the long tradition of partnership between OGE and community organizations throughout our service area.”
ONEOK plans $500M in projects
TULSA — ONEOK Partners LP plans to invest up to $500 million by 2015 to build a new natural gas processing facility in North Dakota, a natural gas liquids pipeline in Oklahoma and Kansas and modify its liquids fractionation infrastructure in Hutchison, Kansas. “The new Garden Creek III plant increases our natural gas processing capacity to meet producers' needs in the Williston Basin, and the expansion of our downstream NGL infrastructure will offer additional fractionation and transportation capacity for NGLs coming from the region,” said Pierce H. Norton II, executive vice president of ONEOK Partners commercial. “These projects further demonstrate the value of ONEOK Partners' integrated operations and the increased flexibility they give us to better serve Williston Basin producers and downstream customers.”
City exec leads new company
Oklahoma City energy executive David Le Norman is heading Templar Energy LLC, a new exploration and production company created by global investment firm First Reserve Corp. “We have been focused on upstream investing across North America for thirty years, and we count David and his team among the best we have partnered with,” said Mike France, managing director of First Reserve. “We look forward to pursuing an E&P growth strategy for Templar Energy in liquids-rich basins, working alongside a team with proven abilities to execute strategically and operationally in various regions.” Templar's first acquisition was in Oklahoma's Anadarko Basin, with 7,000 net acres in Ellis and Rogers Mills counties with average production of about 1,500 barrels of oil equivalent in October.
Williams Cos. announces dividend
TULSA — The Williams Cos. Inc. will pay a regular dividend of 33.875 cents a share on its common stock, the company announced Thursday. That is 4.2 percent higher than the previous quarter. The dividend will be paid on March 25. Williams has paid a common stock dividend every quarter since 1974.
O-Tex uses new cement method
DUNCAN — O-Tex Holdings Inc. performed its first oil-field cementing job in November using the first dual-fuel cementing unit in the United States powered by compressed natural gas, the company announced this week. The cement pump consists of twin 525-hydraulic-horsepower engines with 600-horsepower short pumps capable of pumping at rates up to 12 barrels a minute, with maximum pressure of 10,500 psi per pump. “We are pleased and excited to introduce the United States' first CNG-powered cementing unit,” CEO Brent Barbour said. “O-Tex is a forward-thinking company dedicated to serving the domestic cementing market and to leading the industry in customer service and in creating innovative solutions for the ever-changing market.” O-Tex, which has a dedicated CNG shop, plans to convert its fleet of pump trucks, bulk trailers, tractors and light duty vehicles to dual fuel technology.
From staff reports