completions: none were processed today
July 7, 2021 archive
Permits to drill for July 7, 2021
permits: none were processed today
Devon won’t target all of its energy emissions
Oklahoma City-based Devon Energy might be okay with emissions reductions on what are called Scopes 1 and 2 operations by 2030, but a company executive says it won’t extend the efforts to assets it does not own in its chain of energy facilities. Devon’s chief operating officer Clay Gaspar told Argus it intends to phase …
Oil prices slip again over OPEC+ indecision
Oil prices took another hit on Wednesday and fell more than $1 a barrel as investors continued being nervous over the breakdown of discussions between major oil producers Saudi Arabia and United Arab Emirates. Oklahoma energy stocks largely followed suit. The collapse in OPEC+ talks might mean crude supplies could build again at the …
County leaders at McAlester support planned wind farm
A possible wind farm in southeast Oklahoma near McAlester won the support this week of Pittsburg County Commissioners. The McAlester News-Capital reported commissioners voted in support of the wind farm proposed by Red Earth Energy, Inc. Click here for McAlester News-Capital.
BIA awards energy grants to 5 Oklahoma Indian tribes
Oklahoma Indian tribes were among 27 tribes nationally that recently received part of a total of more than $6 million in energy grants from the Bureau of Indian Affairs. The grants to the Absentee Shaw Tribe of Oklahoma, the Cheyenne and Arapaho tribes, the Osage Nation, the Pawnee Nation of Oklahoma and the Peoria …
Gross receipts set records as Oklahoma’s economy grows
With the help of a more than 300% increase in oil and gas gross production tax revenue, Oklahoma’s expanding economy pushed Gross Receipts to the Treasury into record high territory for both 12-month revenue and June collections, State Treasurer Randy McDaniel announced Wednesday. The gross production taxes on oil and natural gas totaled $79.7 million …
Senator pushes for millions in water improvements in Oklahoma
Oklahoma U.S. Sen. Jim Inhofe recently released the list of priority Oklahoma projects he plans to support in Congress and they total millions of dollars for improved waterways and levees. His list includes nearly $80 million in studies and improvements including expediting design work on the first phase of the Tulsa and West Tulsa …
OGE to release 2Q earnings report in early August
OGE Energy Corp. says it will release its second quarter 2021 earnings report early next month. The company announced it will hold a quarterly conference call to discuss second quarter 2021 results at 9 a.m. Eastern Time (8 a.m. Central Time), Thursday, August 5, 2021. OGE Energy had first quarter earnings of 26 cents a diluted share compared …
Cooling tower collapse results in power issues in New Mexico
The recent collapse of a cooling tower at a northwest New Mexico coal-fired power plant resulted in a drop in production of electrical power. The New Mexico Political Report indicated unit one of the San Juan Generating Station was taken off line as a result. Click here for story.
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