April 5, 2021 archive

Completion reports for April 5, 2021

MAJOR COUNTY Rox Exploration Inc Hunton(8511): Oil 28 Gas 67 Water 1482 Flow 36 20N 11W Shamrock 1-25h, November 16, 2020 HH, OIL, TD: 14070 ft Lat: 36.17241, Long: -98.33104 API: 35093252500000

Permits to drill for April 5, 2021

permits: none were processed today

Workers to lose jobs over WPX merger

  Nearly 200 employees of WPX Energy will lose their jobs as the company wraps up its Tulsa operations over the  $12 billion merger with Oklahoma City-based Devon Energy. WPX filed a Worker Adjustment and Retraining Notification or WARN Act with the Oklahoma Office of Workforce Development. The filing listing at least 182 jobs that …

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US crude oil dropped to less than $59 a barrel

  The end of Monday’s trading brought another tumble in crude oil prices in the U.S. but an increase in prices in Europe while Oklahoma energy stocks suffered losses for the day. West Texas Intermediate crude for May delivery dropped $2.80 to $58.65 a barrel in Monday’s trading on the New York Mercantile Exchange. Global …

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Two Oklahoma wind farms highlight ALLETE’s corporate report

  Minnesota based ALLETE Inc. released its 2020 corporate sustainability report, highlighting the company’s performance related to energy and the environment and pointing to the addition of two more wind farm operations in Oklahoma. The report also focused on the firm’s diversity attempts including numbers reflecting leadership by women and the inclusion of business projects …

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AG announces earthquake settlement with Farmers Insurance

  Attorney General Mike Hunter and Insurance Commissioner Glen Mulready announced a $25 million settlement with Farmers Insurance for the company’s handling of earthquake claims. An investigation revealed that Farmers denied or failed to properly pay approximately one thousand earthquake claims submitted by Oklahomans who purchased coverage to protect their property. As a result, the …

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Gasoline prices take a drop in Oklahoma

  Gasoline prices have dropped a few cents per gallon in Oklahoma, following a national trend. Oklahoma’s gasoline averages $2.62 per gallon, down two cents from a week ago but still 7 cents higher than a month ago and $1.14 more than one year ago. The $2.62 compares to the national average of $2.87 and …

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Interior Department prepares report on federal land drilling

  As the Interior Department prepares a report on the paused federal oil and gas permitting on federal lands, Secretary Deb Haaland says taxpayers definitely deserve what she called “a return on their investment.” The former New Mexico Congresswoman responded when asked what changes and different approaches are needed for the nation’s program of oil …

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Major solar financing firm opens in Arkansas

  Considered a national solar power finance firm, Loanpal has opened up shop in Arkansas hoping to take advantage of solar power growth and encourage more rooftop systems in the state. The company opened a planned 100-employee operation in Bentonville in March reported Arkansas Business. Click here for more from Arkansas Business.

Missouri county pushes for restrictive wind farm rules

  A Missouri county that is not only home to the state’s capitol but the University of Missouri too has proposed restrictive wind farm rules and regulations. Boone County has planned a series of public hearings after proposing new rules to require a wind energy conversion overlay district to be established before a wind farm …

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