January 2020 archive

Energy news in brief

**Two environmental groups are planning a lawsuit against the federal government aiming to stop a proposed 50-mile natural gas pipeline from Idaho to Wyoming. **  General Motors will invest $2.2 billion in its first all-electric vehicle assembly plant in Detroit. ** An Ohio congressman is leading an effort to secure a $200 million federal loan for a company building an electric vehicle plant …

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Governor Stitt boasts of progress in energy and environment

Oklahoma Gov. Kevin Stitt has released a report of his administration’s first-year accomplishments in attempting to make Oklahoma a Top Ten state. “You elected me with a mandate to put a fresh set of eyes on state government, to put an end to short-term, status quo decision making, and to deliver strong accountability and transparency,” …

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Advanced Power Alliance picks OU Senior for scholar program

The Advanced Power Alliance (APA) is proud to commence its 2020 Clean Energy Scholar Program with its first scholar selection, Sarah Smallwood, a senior at the University of Oklahoma. The APA’s Clean Energy Scholar Program is a first-of-its-kind, comprehensive apprenticeship in the development and promotion of clean energy. Over the course of six months, the experience provides students …

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BLM to sell oil/gas leases to 46,000 acres in New Mexico and Texas

The Bureau of Land Management (BLM) New Mexico is announcing a two-week public comment period on the environmental analysis for its May 21, 2020 oil and gas lease sale. There are 102 parcels (46,365.76 acres) of Federal minerals proposed for lease. The parcels are located in Eddy, Lea, Rio Arriba and Chaves counties, New Mexico, …

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Fort Worth energy firm files for bankruptcy

The bankruptcy list of energy companies grew by one this week when Fort Worth-based Southland Royalty Company LLC filed Chapter 11 bankruptcy. The natural gas driller arranged for $35 million in new financing to pay for the court action while it seeks a buyer. Southland owes an estimated $540 million to lenders through a reserve-based …

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Missouri State House votes to stop Grain Belt Express power line

State Representatives in Missouri voted this week to stop the more than $2 billion Grain Belt Express power line from being constructed across the northern part of the state. The House, in a 118-42 vote said “no” to a private company having the ability to use eminent domain to take land for the project that …

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Camino is on the hunt for more oil around El Reno

With success of at least two recent mother-daughter wells near El Reno, Camino Natural Resources LLC plans more drilling in the STACK. It obtained a drilling permit this week to drill the Geronimo 1207 #6-5MH well at the northwest edge of El Reno. The site is only a mile from the city and south of …

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Mother-Daughter wells produce 4,800 barrels a day in STACK

A delayed completion report shows Tulsa’s Triumph Energy Partners, LLC actually had six mother-daughter wells in Oklahoma’s STACK play with combined production of nearly 4,800 barrels of oil a day. OK Energy Today reported earlier this week that the company had four Copeland wells located in southeast Kingfisher County at 36 15N 8W or two …

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NextEra Energy reports 4Q drop in earnings

NextEra Energy, the wind-farm company with operations throughout western Oklahoma reported a drop in fourth quarter 2019 earnings. Adjusted earnings for the quarter totaled $706 million, down from $718 million reported in the fourth quarter of 2018. The company has more than $5 billion in wind farm investments in Oklahoma and last year canceled two …

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What wind supporters plan to lobby for and against in the 2020 legislative session

Oklahoma legislators only have to read this week’s Journal Record to learn what wind supporters plan to lobby them about in the coming legislative session. Wind farm property tax valuation and the proposed 1.5 mile setback from private airports. Here’s how the Journal Record reported it:   OKLAHOMA CITY – The state of investment in …

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