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Solar tax credit bill makes its way through New Mexico legislature
New Mexico legislators are reviewing a bill to bring back a solar energy tax credit which ended in2016. Senate Bill 29, already passed by the state Senate was approved this week in a House Committee. Senate Bill 29, sponsored New Mexico Sen. Mimi Stewart (D-17) would bring back a tax credit for energy consumers who …
Sen. Lankford to hold Community Conversation in Ponca City
Oklahoma U.S. Sen. James Lankford plans to meet with northern Oklahoma residents on Thursday, February 20. His office announced the Republican Junior Senator from the state will hold a public, town-hall style Community Conversation in Ponca City. It will be held at 2:30 p.m. at the Standing Bear Museum, 601 Standing Bear Parkway in Ponca City.
Kansas set to get its largest commercial solar farm
Kansas is about to get its largest commercial solar project—a 20 megawatt power provider in the far southwest corner of the state. The Johnson Corner Solar Project is an effort of Sunflower Electric Power in a joint venture with Lightsource according to KSNW TV news. The solar project is located west of Johnson City in Stanton …
Devon reports increased oil production and cash flow and increased growth expectations
With $1 billion in upstream revenue in the fourth quarter and a 28 percent year-over-year increase in oil production, Oklahoma City’s Devon Energy on Tuesday declared a 22 percent increase in its quarterly dividend reaching 11 cents. The company’s fourth quarter results showed its operating cash flow expanded year over year to $579 million while …
Permits to drill for February 18, 2020
Permits to drill issued on February 18, 2020. Lincoln County SADLER #1-27MH, February 18 2020 34 17N 3E NENENENW API: 08124317 Lat: 35.912186196279464, Long: -96.97243145706733 ROBERSON OIL COMPANY INC HH, DR, 9140 ft, MISSISSIPPIAN(4250), WOODFORD(4370) Muskogee County UNKNOWN #3, February 18 2020 02 14N 18E NWSWNENW API: 10176030 Lat: 35.72378583591897, Long: -95.37113501052241 OTC/OCC NOT ASSIGNED SH, RC, …
Completion reports for February 18, 2020
Completion reports filed on February 18, 2020. ALFALFA COUNTY Aexco Petroleum Inc Mississippi Lime: Oil 177 Gas 2364 Water 1831 Flow 2 25N 11W Walker 2-11h, August 01, 2019 HH, OIL, TD: 11040 ft Lat: 36.66709, Long: -98.34288 API: 35003233780000 Aexco Petroleum Inc Mississippian(5985): Oil 162 Gas 953 Water 1407 Flow 28 25N 11W Guy 1-28h, February 12, 2019 HH, OIL, TD: 10880 ft Lat: 36.60914, …
Congresswoman Horn opposes fracking ban
Oklahoma’s oil and natural gas industry called on Rep. Kendra Horn to publicly oppose her party’s radical plan to ban the use of hydraulic fracturing in oil and natural gas development. And she responded by saying she will not support the ban. But her decision was made before the call from the oil and gas group. Rep. …
Choctaw Nation to be honored for clean community efforts
The Department of Environmental Quality, in partnership with Keep Oklahoma Beautiful , will recognize the Choctaw Nation as an Oklahoma Clean Community during a special ceremony scheduled for 10:00 a.m. on February 20, 2020. The Choctaw Nation will be recognized as a Level I, Scissor-tailed Flycatcher, Oklahoma Clean Community. This is the highest recognition a …
Alliance Resource executive acquires and sells shares on same day
An SEC filing made this week by an executive at Tulsa’s Alliance Resource Partners LLP indicated a sale of several thousand shares in the company. Senior Vice President and Chief Financial Officer, Brian L. Cantrell reported he first acquired 20,967 on February 10, leaving him with a total of 196,025 shares. On the same day, …
Natural gas exploration in Colorado is on a downward slide
The numbers vividly show the decline of natural gas development in Colorado over the past year. Especially in western Colorado. Companies in 2019 began drilling on a mere 181 wells last year in Garfield County, which continues to rank a distant second behind Weld County in terms of county-level drilling activity in the state. …
