A division of the Oklahoma Corporation Commission is moving ahead with a request of regulators to require five major utilities in Oklahoma to reveal more details about their February 2021 storm costs. It is considered a move to make the utilities more transparent in what they are asking of the commission. The Public Utilities …
Grain Belt Transmission line process works eastward
The company behind a proposed wind powered electrical transmission line stretching from southwest Kansas to the East Coast has started the regulatory effort in Illinois. Invenergy transmission, LLC has gone before the Illinois Commerce Commission for the proposed Grain Belt Expressway transmission line reported WLDS Radio in Illinois. Click here for WLDS …
Black Rock blackballed in Virginia over greenhouse gas efforts
The movement hasn’t hit Oklahoma yet, but BlackRock, the world’s largest asset manager with nearly $10 trillion under its management and a major player in Oklahoma energy projects is targeted by West Virginia for its greenhouse gas emissions reduction efforts. State treasurer Riley Moore recently told Fox News that investing in BlackRock would be “a …
Experts suspect wastewater disposal wells are behind earthquakes in central Kansas
Oil and gas drilling operations—namely the disposal of wastewater through disposal wells are being blamed for an increase in earthquakes around Salina, Kansas, the city that sits squarely in the middle of the state along Interstate 70. Earthquakes have been on the increase over the past few months. The Salina Journal reported the county …
Cash distribution announced by Holly Energy Partners
Refinery operator Holly Energy Partners, L.P. declared a cash distribution of $0.35 per unit for the fourth quarter of 2021. The distribution will be paid on February 11, 2022 to unitholders of record on February 1, 2022. In 2022, HEP expects to hold the quarterly distribution constant at $0.35 per unit, or $1.40 on an …
Settlement made over 2015 King Gold Mine spill in Colorado
An agreement has been reached by the state of Colorado, the federal government and a gold mining company over the 2015 spill of hazardous mine waste that polluted rivers in three states and the Navajo Nation. Click here for Associated Press
Grady County wells successful for Gulfport Energy
Oklahoma City-based Gulfport Midcon LLC reports completion on two Grady County wells in 2021 with combined production of more than 1,400 barrels of oil a day from a single pad. The two wells, with origination dating back to 2019 and 2020 were also large gas wells. The Frick 1-23x14h and the Frick 2-23x14h, located at 26 4N …
Halliburton doubled profit in fourth quarter
An increased dividend—it’s the result of Halliburton Co.’s fourth-quarter adjusted profit that was double from a year ago. The company said Monday the profit beat the forecasts of analysts and as a result, the oilfield services company lifted its dividend. Halliburton, with a major operation in Duncan, Oklahoma, plans to increase it to 12 …
Rep. Cole says Governor and tribes need to talk—not fight
While Oklahoma Gov. Kevin Stitt wrestles with Indian tribes following the U.S. Supreme Court McGirt ruling, one that will at some point result in decisions of regulation of energy in the state, Congressman Tom Cole wants the sides to get back to talking. The Norman Transcript reports Cole made the comments in a recent …
Public Service Company of New Mexico appeals state’s Four Corners rejection
The New Mexico Supreme Court is being asked to rule on the legality of the state’s rejection of plans by Public Service Company of New Mexico to abandon its Four Corners Power Plant by the end of 2024. The Santa Fe New Mexican reports PNM is challenging the decision by the Public Regulation Commission. …
