Following Tuesday’s hearing on a rate hike request by Public Service Company of Oklahoma, the utility company announced that it reached an approved settlement with the Oklahoma Corporation Commission regarding its rate review. Under the agreement, PSO will continue to make system investments needed to improve and maintain a safe, secure and reliable electric grid. …
December 2021 archive
US EIA Report Reveals Gas Prices and Propane Inventories Decline as Residential Fuel Prices Rise
The U.S. Energy Information Administration issued its Weekly Petroleum Status Report for the week ending December 24, 2021. The statistics include: U.S. average regular gasoline and diesel prices decrease The U.S. average regular gasoline retail price decreased 2 cents to $3.28 per gallon on December 27, $1.03 higher than a year ago. The Gulf Coast …
2021 Oil & Gas Highlights from New Mexico
The New Mexico Oil and Gas Association recently published its top five highlight list for 2021 energy producers in The Land of Enchantment. They include: Economic Recovery Thanks to the industry’s resilience, oil and natural gas production in New Mexico roared back to pre-pandemic levels. The oil and natural gas industry is the bedrock of …
Completion reports for December 28, 2021
BEAVER COUNTY Blue Dolphin Production Llc Marmaton(5400): Water 50 Swabbin G 5 5N 21E Isaac Trust 1-5, January 13, 2020 SH, DRY, TD: 7000 ft Lat: 36.92785, Long: -100.81723 API: 35007252090001 CANADIAN COUNTY Citizen Energy Iii Llc Woodford(10674): Oil 79 Gas 698 Water 1664 Flow 21 11N 7W Loves 3h-21-16, January 10, 2021 HH, OIL, TD: 21023 ft Lat: 35.40721, Long: -97.94088 API: 35017256240000 CARTER …
Permits to drill for December 28, 2021
Blaine County ANDERSONS HALF #2-19-30XHM, December 10 2021 19 14N 13W SWSENWNE API: 01124290 Lat: 35.678961963321235, Long: -98.62067395822984 CONTINENTAL RESOURCES INC MU, AM, 23314 ft, MISSISSIPPIAN(13397) Canadian County WHIRLAWAY #4H-33-4-9, November 05 2020 33 11N 7W SWSESENW API: 01725642 Lat: 35.38506021782371, Long: -97.94722634091748 CITIZEN ENERGY III LLC MU, AM, 20075 ft, MISSISSIPPI LIME(10680), MISSISSIPPIAN(11050), WOODFORD(11100) Kingfisher County …
U.S. oil records 5th day of gains while most OK energy stocks lost
The close of crude oil price trading Tuesday saw yet another rebound for U.S. prices. But it wasn’t the case for most Oklahoma energy stocks. West Texas Intermediate crude for February delivery went up 41 cents or 0.54% to finish the day at $75.98 a barrel in trading on the New York Mercantile Exchange. …
More completed wells and new drilling in Oklahoma
Among some of the last completion reports for Oklahoma wells is a Devon Energy producer with more than 1,000 barrels of oil a day in Canadian County. The Miller-miller 2_22-12n-9w 4hx, located at 2 12N 9W south of Calumet had production of 1,041 barrels of oil a day and 7,833 Mcf of natural gas from …
A look back at the yearlong freeze on federal oil and gas leasing in Wyoming
After the state of Wyoming earned $1.67 billion in revenue in 2019 from its natural gas and oil production, the revenue declined dramatically after President Biden took office and signed an executive order suspending new oil and gas leasing on federal lands. The Casper Star-Tribune took a look back on what happened. Click here …
PSO electricity rates going up under settlement with regulators
A settlement in Public Service Company of Oklahoma’s (PSO) rate review was approved Tuesday by the Oklahoma Corporation Commission (OCC). Under the agreement, PSO will continue to make system investments needed to improve and maintain a safe, secure and reliable electric grid. The commission’s order found that the settlement is “fair, just and reasonable.” …
Other energy headlines for Wednesday
** Senator Elizabeth Warren accused the financial services industry of being a major contributor to climate change and urged U.S. regulators to hold it to account. ** One of the biggest environmental fights of 2021 is expected to spill over into 2022 – whether and how to restrict leasing and permitting for oil and gas drilling on …
