July 7, 2020 archive

Boom to bust in New Mexico’s Permian Basin

  “We’re dependent on an industry that we have no control over,” said State Land Commissioner Stephanie Garcia Richard, who oversees oil and gas leases on state-owned land.  From relishing the thought of a more than $3 billion windfall in oil and gas revenues in February to a nearly $2 billion state budget shortfall by …

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Wyoming to take advantage of Occidental Petroleum’s troubles

  Wyoming state officials plan to take advantage of the financially troubled Occidental Petroleum. A state agency met this week and decided it will bid on a package of land and minerals in Wyoming and Colorado that is owned by the company. The company has been struggling with debt taken on in last year’s $38 …

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AEP pushes ahead with $2 billion wind project despite Texas rejection

  Undaunted by a legal ruling in Texas, American Electric Power Company Inc. says it will continue investing in renewable energy in the region according to Columbus Business First, a newspaper located in Columbus, Ohio where AEP is headquartered. On July 2, the Public Utility Commission of Texas denied a request by AEP affiliate Southwestern …

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Could Permian Highway pipeline be next?

    Major legal setbacks suffered by Dakota Access pipelines as well as the decision by Dominion and Duke Energy to cancel their proposed Atlantic Coast Pipeline have some wondering if the same might occur to the Permian Highway line in Texas. Throw in setbacks experienced by the Keystone XL pipeline and speculation grows over …

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Texas says ‘no’ to Oklahoma wind farm electricity

American Electric Power’s Oklahoma-based wind-power project designed to provide electricity in Arkansas, Louisiana and Texas suffered a setback when regulators in Texas rejected the project. The Public Utility Commission of Texas has rejected a plan by AEP Southwestern Electric Power Co. to add 810 megawatts of wind energy. While the commission rejected the proposal, the …

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OGE-sponsored reading program begins at OKC zoo

  Read for Adventure, the Oklahoma City Zoo and Botanical Garden’s statewide literacy program, continues for its fourth year with an exciting change that will have participants all a flutter! Sponsored by OG&E, this year’s program features a new, original children’s book, Juniper’s Butterfly Garden–A Small Start for a Better World. Beginning Wednesday, July 8, …

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Ovintiv scores large well near Blanchard

  Oklahoma City’s Ovintiv Mid-Continent Inc. reports one of the largest crude oil wells to be drilled in the state during the COVID-19 pandemic that left Oklahoma nearly void of oil-drilling rigs. The company filed a completion report with regulators this week showing the Larry 0804 3h-22x, located at 27 8N 4W in McClain County or …

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