February 1, 2018 archive

More PSO Workers Arrive in Puerto Rico

More Public Service Company of Oklahoma employees were sent to Puerto Rico this week to help restore electrical power to the island months after Hurricane Maria devastated the place. A dozen workers flew out of Tulsa and are part of a group of nearly 70 frontline PSO employees and sister companies across the AEP system …

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PSO Wins Rate Hike from Corporation Commission

Public Service Company of Oklahoma won approval this week from the Oklahoma Corporation Commission to increase its base rate by tens of millions of dollars to customers. It’s still unclear how much of an increase it will mean for those customers. PSO originally filed a $156 million rate hike request last year, stating it needed …

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Sierra Club Charges Pruitt is Ignoring Success of Wind Industry in Oklahoma

News released this week that Oklahoma now is ranked second nationally when it comes to wind-powered electricity prompted Sierra Club leaders to offer criticism of EPA Administrator Scott Pruitt. And to blast the oil and gas industry. In an email statement, Johnson Bridgwater, President of the Oklahoma Chapter of the Club said, “Despite wind energy’s …

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Old Tire Collections Result in Environmental Award for Norman

An emphasis on the collection of old tires has led to the City of Norman being honored by the Oklahoma Department of Environmental Quality and Keep Oklahoma Beautiful as a “Clean Community.” As reported by the Norman Transcript, the two agencies made the decision based on Norman’s involvement in tire collection events. Norman got the …

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ConocoPhillips Reports 7.5 percent Increase in Fourth Quarter Dividends But a Net Loss in 2017 Earnings

ConocoPhillips, the Houston company with major operations in Oklahoma reported a 7.5 percent increase in its 2017 fourth quarter dividends . Earnings for the fourth quarter totaled $1.6 billion or $1.32 per share.  In the fourth quarter of 2016, the company reported a net loss of $35 million or $0.03 per share. For the full-year …

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Permits to Drill Issue for January 25-31

The following are the drilling permits issued by the Oklahoma Corporation Commission for the time period January 25 through January 31.   COUNTY Well name Operator HOLE PERMIT SCTN TWN RNG SPOT Approval Date Scan Date API Document Blaine RANDOLPH 1-34-27XHM CONTINENTAL RESOURCE HH DR 34 15N 13W SE SE SE SE Jan-31-2018 Jan-31-2018 01123930 …

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Completion Reports for January 25-31.

The Oklahoma Corporation Commission’s weekly completion reports cover the period Jan. 25 through Jan. 31.   COUNTY Well name OPERATOR SCTN TWN RNG SPOT Completion Date Oil Gas Water Scan Date API Document Alfalfa BEN 2411 1H-07 A MIDSTATES PETROLEUM 7 24N 11W NE NW NW NW Nov-06-2017 58 593 8512 Jan-26-2018 00323290 500632816 Beaver …

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Deadly Rig Blast Happened as Crew Was Pulling Pipe to Change Drill Bit

Investigators looking into the January 24 drilling rig explosion that killed 5 men near Quinton, Oklahoma say workers were in the process of changing the drill bit when the blast happened. The U.S. Chemical Safety Board reported this week in its website the new information found by its investigators. ” At the time of the …

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Corporation Commissioner Says Government Reform Has to Begin With “Honesty”

Oklahoma Corporation Commissioner Bob Anthony takes issue with Step Up Oklahoma and its call for Commissioners to be appointed by the governor and not chosen by voters. In an editorial this week, the long-time commissioner reminded the group of civic and business leaders their ideas are not new and they were first raised 30 years …

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New Monthly Report Shows Economy “Healthy” for Oklahoma and Other Midwestern States

The monthly report on the economies of Oklahoma and 8 other states in the Midwest and Plains indicated a slight dip for January. But Creighton University economist professor Ernie Goss still says it’s healthy for the region. “It’s a good report. Looking ahead 3 to 6 months, there’s good growth out there,” said Goss. The …

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