Plugging In business briefs for May 2

Plugging In business briefs for May 2, 2014
Oklahoman Modified: May 1, 2014 at 11:04 pm •  Published: May 2, 2014
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PLUGGING IN

Atlas begins service at plant

Atlas Pipeline Partners LP has brought its Stonewall cryogenic processing plant into service in southern Oklahoma, the Philadelphia-based partnership announced Thursday. The plant, built as part of a joint venture with MarkWest Energy Partners, will add capacity to Atlas’ SouthOK system in the Arkoma Woodford Shale. Atlas also is accelerating plans to increase capacity at Stonewall due to increased production in the Arkoma Basin and South Central Oklahoma Oil Province. The plant can process up to 120 million cubic feet of natural gas liquids a day. It is expected to be fully operational in a few days.

Former Gov. Walters to speak

Former Oklahoma Gov. David Walters will speak at a community forum in Tulsa next week on mitigating the effects of climate change. Walters, president of Walters Power International, will discuss trends in using renewable power sources as an alternative to fossil fuels, according to organizers. The 90-minute forum will begin at 7 p.m. Wednesday at All Souls Unitarian Church. It is the final presentation in the church’s dialogue on climate change.

Newfield plans to double output

Newfield Exploration Corp. plans to spend $400 million this year on its operations in Oklahoma’s Anadarko Basin, the Texas-based company announced this week. Newfield is operating eight rigs in the South Central Oklahoma Oil Play and STACK plays with plans to drill about 70 wells. That is expected to help the company double its production in the state to nearly 50,000 barrels of oil equivalent a day by the end of the year. Newfield produced an average of 29,500 barrels of oil equivalent a day from the Anadarko Basin in the first quarter. The company holds more than 225,000 net acres in the area, which has multiple “stacked” geologic formations.

Electric firm announces honor

Municipal Electric Systems of Oklahoma this week honored longtime Kingfisher City Clerk Bill Tucker for his outstanding contributions to local government. Tucker received the Marvin Hicks-Al Middleton Meritorious Service Award at Tuesday’s 2014 Public Power Conference. He has worked for the city of Kingfisher for more than 28 years.

Summit ESP hires vice president

Equipment manufacturer Summit ESP has hired industry veteran Steve Ross as its vice president of finance. Ross has 25 years of experience as a chief financial officer at international service and manufacturing companies. He most recently served as executive vice president and chief financial officer of GE Oil and Gas ESP, formerly Wood Group ESP. Summit designs, manufactures, installs, services, and monitors a broad fleet of electric submersible pumps across North America. The company has service centers in Tulsa, Odessa, Texas, and Powell, Wyo.

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