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Anadarko Basin drilling activity is at 3-year high
A weekly rig report by Enverus showed a slight decline nationally while the Anadarko Basin not only hit a 2k022 high but its highest activity level in nearly three years. The Anadarko Basin was up by one in the past week to reach 76 active rigs in Oklahoma and parts of Texas where the …
Haaland to visit New Mexico this weekend
lnterior Secretary Deb Haaland returns to her home state of New Mexico this weekend in a campaign effort to promote President Biden’s Inflation Reduction Act. The Albuquerque Journal reported Haaland, a former Democratic congresswoman appointed last year to be U.S. Interior Secretary plans to use the visit to the northern part of New Mexico. …
Fort Collins based power authority considers joining Southwest Power Pool
The Southwest Power Pool of which Oklahoma is a member might soon pick up a new member—Platte River Power Authority based in Fort Collins, Colorado. The SPP announced Thursday it had received Platte River’s notice of intent to join several western entities evaluating participation in the SPP’s regional transmission organization. In January 2022, Platte …
Manufacturing slowdown reported in Oklahoma by Federal Reserve Bank
While the Biden administration argues whether the nation is in a real recession or not, manufacturing in Oklahoma and other states that make up the Tenth District for the Federal Reserve Bank of Kansas City slowed in the past several weeks along with future activity. But Chad Wilkerson, vice president and economist at the …
US crude inventory slipped while Cushing’s grew
While the U.S. commercial crude inventories declined by more than 3 million barrels in the past week, inventories at the Cushing oil hub in northern Oklahoma increased slightly. Cushing’s inventory amounted to 25.8 million barrels as of August 19, according to the U.S. Energy Information Administration. It was a gain of 400,000 barrels compared …
Utility’s energy efficiency plan met with skepticism in Kansas
A Kansas utility’s plan to invest $96 million in energy efficiency programs is being met with skepticism by some environmental groups. The Kansas Reflector reports Evergy, a utility that serves 1.6 million customers in Kansas and Missouri wants to create the efficiency programs in order to lower carbon emissions and customers’ bills. Click here for …
Rates determined for Tulsa’s new toll road
The Oklahoma Turnpike Authority took action this week setting the toll rates for Tulsa’s Gilcrease Expressway. The Expressway is expected to open to traffic in September reported the Tulsa World. Click here for Tulsa World
Dewey County is site of large oil producer for Blake Production
You don’t normally see much about Blake Production Company, a firm based in Oklahoma City. But this week, Blake filed a completion report on a Dewey County well with nearly 1,200 barrels of oil a day in production. The Cypress 1816 1-35h, located about 5 miles southeast of Taloga (35 18N 16W) was completed in …
Fight advances against proposed turnpike in Norman
The fight by hundreds of Norman residents against the Oklahoma Turnpike Authority over a proposed new turnpike that would run through homes and business parts of the city took another step this week. The residents filed suit and accused the Authority of violating the state’s Open Meeting Act and this week their attorney Stan …
Banks that “boycotted” fossil fuels banned by Texas
Ten financial firms that did not support the oil and gas industry learned Wednesday they had just been banned from doing business with the state of Texas. State Comptroller Glenn Hegar announced the decision to ban BlackRock Inc and other banks and investment firms from entering into most contracts with the state reported The …