Author's posts
OGE defends rate hike—says rates are still lowest in the U.S.
After negotiating a down-sized rate increase of $30 million, Oklahoma Gas and Electric defended the hike to consumers, saying in a newsletter this week that its electric rates are still among the lowest in the nation. In a note to consumers this week, the utility said its residential rates are around 30% below the …
Kansas lands $4 billion mystery battery plant over Oklahoma
Oklahoma came out on the losing end in a race with Kansas to see who might land a proposed $4 billion EV battery plant operation, one that tantalized leaders in both states. Nikkea Asia reported Wednesday afternoon that Panasonic chose Kansas over Oklahoma as the site for a second U.S. electric vehicle battery …
OKC energy company could be major supplier of lithium for EVs
Oklahoma City’s Galvanic Energy claims its southern Arkansas lithium mining operation through an underground brine formation will produce batteries for 50 million electric cars. The company stated this week that a recently completed resource report validated that its Smackover prospect as one of the largest lithium brine resources in North America. Galvanic Energy is …
COVID uptick prompts virtual meeting at corporation commission
Virtual meetings returned to the Oklahoma Corporation Commission this week following a recent spike in the number of COVID-19 cases that affected the giant agency. The Commission announced that an annual Summer Industry Roundtable Meeting planned by its Petroleum Storage Tank Division on Thursday, July 14 would be held “virtually by Zoom.” The meeting …
New Mexico launches Climate Change Bureau
New Mexico leaders are so serious about climate change that they created a state Climate Change Bureau. The state’s Environment Department announced this week the formation of the new bureau along with a Cannabis and Hemp Bureau. and also said there would be funding for a number of high priority programs related to water infrastructure improvements, …
Iowa group fights proposed wind farm
An anti-wind farm group in Iowa has filed suit to stop construction of a proposed wind farm. The Tama County Against Turbines coalition was formed in March and filed suit against the Tama County Board of Supervisors reported the Iowa Capital Dispatch. Click here for Iowa Capital Dispatch
Wind operator NextEra acquires south Texas water operations
NextEra Water Texas, LLC, an indirect subsidiary of NextEra Energy Resources, LLC, announced that it has completed the previously announced acquisition of a portfolio of rate-regulated water and wastewater utility assets in eight counties near Houston, Texas, from Quadvest, L.P. “This acquisition marks our first purchase of water and wastewater assets and furthers our strategy …
Permits to drill for July 12, 2022
Canadian County GRANT MORTON 18_19-12N-8W #1MHX, February 11 2022 18 12N 8W NENWNWNE API: 01725768 Lat: 35.52159595252667, Long: -98.08599699236207 PALOMA OPERATING CO INC MU, AM, 24000 ft, MISSISSIPPI(10300) Kingfisher County GRAVITT 1507 #3H-30, July 12 2022 30 15N 7W NESESWSW API: 07326886 Lat: 35.74103007640044, Long: -97.99089887790123 OVINTIV USA INC HH, DR, 14130 ft, MISSISSIPPIAN (LESS CHESTER)(8651) Kingfisher …
Completion reports for July 12, 2022
CADDO COUNTY Peachridge Energy Operating Llc Hoxbar: Oil 532 Gas 844 Water 637 Pump 10 9N 11W Brown 10-4h, May 22, 2021 HH, OIL, TD: 17845 ft Lat: 35.27323, Long: -98.34507 API: 35015233150000 CANADIAN COUNTY Ovintiv Usa Inc Mississippian(8538): Oil 1375 Gas 1076 Water 1048 Flow 15 14N 7W Peters 1407 4h-15x, January 08, 2022 HH, OIL, TD: 19517 ft Lat: 35.69596, Long: -97.93339 API: 35017256700000 Ovintiv …
Williams to release 2Q results in early August
The second-quarter 2022 financial results of Williams Companies will be released in a few weeks. The Tulsa-based company stated this week the financial report will be released after the close of markets on Monday, Aug. 1 of this year. The company’s second-quarter 2022 earnings conference call and webcast with analysts and investors is scheduled …