The COVID-19 pandemic brought about a lifestyle change in the U.S. and with it came a boom in trucks. Lots of them are needed to carry goods from manufacturing sites to warehouses where in turn the products are delivered in the home-delivery industry. As Bloomberg reported this week, whether it’s champagne, Harley-Davidson motorcycles or …
April 2021 archive
West Texas wind farm being repowered
The West Texas Panther Creek III wind farm is being repowered under a deal partnered by GE Renewable Energy and RWE Renewables. The project includes replacing a large number of the 133 wind turbine components including longer blades and the upgrading of existing gearboxes according to a report by Energy Global. The erection …
Judge gives Corps 2nd chance to offer oil pipeline opinion
Native American tribes protesting the continued operation of the Dakota Access oil pipeline near the Standing Rock Indian Reservation in North Dakota were disappointed as a federal judge gave the Army Corps of Engineers a second chance to determine if the line should be closed during an environmental review. The Associated Press reported …
US crude settles back close to $63 a barrel
Crude oil prices did a bounce back in Tuesday’s trading helping some Oklahoma energy stocks along the way. West Texas Intermediate crude for June delivery rose $1.03 to settle at $62.94 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for June delivery went up 77 cents and closed …
Dividend declared by Enable Midstream Partners
Oklahoma City’s Enable Midstream Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.16525 per unit on all outstanding common units for the quarter ended March 31, 2021. The distribution is unchanged from the previous quarter. The quarterly cash distribution of $0.16525 per unit on …
Completion reports for April 26, 2021
CARTER COUNTY Citation Oil & Gas Corporation 17 2S 2W Wildcat Jim Ut (Riley James#4) 118, January 11, 2021 SH, INJ, TD: 2560 ft Lat: 34.38973, Long: -97.42783 API: 35019042680002 Citation Oil & Gas Corporation 17 2S 2W Wildcat Jim Ut (Riley James#4) 118, January 11, 2021 SH, INJ, TD: 2560 ft Lat: 34.38973, Long: -97.42783 API: 35019042680002 DEWEY …
Permits to drill for April 26, 2021
Carter County EMPIRE #1-17-20XHW, April 26 2021 17 1S 3W NESENENE API: 01926439 Lat: 34.47580024312704, Long: -97.52848203787056 CONTINENTAL RESOURCES INC MU, DR, 18737 ft, WOODFORD(8547) Washington County STRAIGHT-FEE #E11-21, April 26 2021 17 29N 14E NESESWNE API: 14728214 Lat: 36.99364720549561, Long: -95.80992398931184 FINNEY KYLER A dba FINNEY OIL CO SH, DR, 1495 ft, BARTLESVILLE(1275)
OGE wants to use new bond law to delay storm costs
Saddled with an estimated $1 billion in February winter storm costs, mostly due to the cost of natural gas needed for emergency generation of electricity, Oklahoma Gas and Electric notified state regulators this week of its intention to seek relief through a new Regulated Utility Consumer Protection Act. In a filing (Application for Securitization) …
$100 million winter storm gas bill leads to lawsuit
Another big lawsuit popped up over the cost of natural gas delivered in the February winter storm in Texas. CPS Energy, a Texas gas and power utility was sued by oil and gas supplier Enterprise Products Partners because it allegedly failed to pay a nearly $100 million bill. Click here for Reuters report.
Frack sand operation sued in Arkansas
Tired of the hundreds of trucks that pass by their rural homes enroute to a sand mining and frack sand operation, two women near Texarkana, Arkansas have gone to court. The two Doddrige residents sued 29 trucking and other companies doing business at the River Ridge Sand Flat owned by Performance Proppants reported the …