November 11, 2021 archive

Completion reports for November 11, 2021

completions: none were processed today

Permits to drill for November 11, 2021

permits: none were processed today

Gas prices still high but cheapest is still in Oklahoma

  Heading into the weekend, American drivers saw only a penny decline in the national average of gasoline compared to earlier in the week. AAA reported a national average of $3.41 for a gallon of regular gasoline. Oklahoma drivers saw a 2-cent drop in their average from $3.04 a week ago to $3.02 this week. …

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Crude oil makes gains along with OK energy stocks

  Oil prices settled slightly higher on Thursday after OPEC cut its 2021 oil demand forecast due to high prices. It turned out to be a strong day for Oklahoma energy stocks. West Texas Intermediate crude managed a gain of 0.75% to finish the day at $81.47 a barrel in trading  on the New York …

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Higher gas bills okayed by Kansas regulators for some customers

  Customers of Black Hills Energy in Kansas will soon be seeing their gas bills going up by another $11.47 a month over the next five years. The hike was allowed by the Kansas Corporation Commission to allow the company to recover $87.9 million in costs from the February extreme cold weather reported the Kansas …

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Northern Kansas to get another wind farm

  EDP Renewables is finalizing an agreement with county commissioners in northern Kansas to build the state’s latest wind farm. The firm announced plans in August to construct the 200 megawatt Plum Nellie Wind Farm near Concordia. This week, company reps met with Cloud County Commissioners hoping to finalize the amount for a payment in …

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California firm to invest $1 billion in Texas solar operations

  A petroleum products company announces it will invest $1 billion to build two solar-plus-storage power plant facilities in Texas. The move by Chem-Energy Corp., a California-based petroleum trading firm and energy company will involve construction near the Austin suburb of Kyle reported the Austin Business Journal. Click here for Austin Business Journal.

Aging gas plants to be closed by Entergy

    Entergy says it will shut down aging natural gas plants in Arkansas and Mississippi in favor of a shift toward renewable power. In its 2021 Integrated Resource Plan released this month, Entergy Arkansas, a utility of New Orleans-based Entergy Corp. revealed its future does not include plans to build a new natural gas-fired power plant reported Talk Business …

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Luminant to close East Texas mine

  Not the kind of Christmas some 160 workers at an East Texas mine want. But the day after Christmas, the workers of Luminant Mining’s Liberty Mine and Martin Lake Mining Complex in Tatum will be laid off as the company is closing the lignite mine reported the Longview News-Journal. Click here for Longview News-Journal.

Rig count gained in US but dropped in Anadarko Basin

    The weekly U.S. rig count provided by Enverus Rig Analytics showed a national increase of 3 to 659 rigs while rig operations in the Anadarko Basin of Oklahoma declined. The Anadarko Basin had the largest loss, dropping five rigs to a total of 51. No operators in the Anadarko gained or lost more …

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