A wind turbine located in a wind farm south of Weatherford caught on fire Wednesday afternoon. In turn, it created a wildfire at its base, according to the State Forestry Department. It also captured the attention of witnesses. The Department later said 8 fire engines responded to the incident which burned about two acres. No …
With crude inventories jumping the most in a year at Cushing, Oklahoma, oil prices fell for a third day. It’s the longest losing streak in nearly a month as West Texas Intermediate fell 87 cents on May contracts before settling at $64.38 per barrel. Brent crude in London on the ICE Exchange Europe dropped 58 …
OG&E announced Wednesday that it will lower its monthly fuel cost recovery effective with the first customer billing cycle in April. On average, residential customers in Oklahoma will see a reduction of $13.34 per month. The company said the fuel cost reduction stems from lower cost for natural gas, which is used to generate electricity, …
The Oklahoma Corporation Commission voted this week to increase regulatory fees, something opposed by some oil and gas groups. The staff had recommended an increase that will raise an estimated $5 million a year and the commission voted 2-1 for the recommendation. But commissioner Todd Hiett pushed for higher fees, enough to produce $7.3 million. …
Oklahoma’s Chickasaw Nation decided it would rather expand one of its out-of-state operations in North Carolina rather than move the industry’s headquarters to Oklahoma. The engineering design company Corvid Technologies LLC instead will remain in the Charlotte-area town of Mooresville where about 90 workers are employed. Corvid was acquired by the Chickasaw Nation in 2015 …
Enel Green Power, Oklahoma’s largest wind power company by operational capacity, is expanding its presence in Oklahoma with the opening of an office in downtown Oklahoma City. The new office will serve as a central hub for the company in the state and house three new full-time employees. The Oklahoma City based employees will support …
So much crude oil is being produced in North America that rail cars meant to carry crude from Canada south to Oklahoma and Texas are sitting idle. Plus, there’s the situation of a shortage of locomotives. Reports indicate some rail terminals are “underutilized” because of the glut. Bloomberg News reported one such terminal near Edmonton, …
Here is the latest list of well completion reports for the week of March 15-21. Scroll down for a better view. There are two links in the table: – The SPOT link will take you to the well location on Google Maps. If you need them, this will give you turn by turn …
Gasoline prices rose on average a nickle across Oklahoma and the U.S. in the past week. It’s costing Oklahoma drivers an average of $2.42 per gallon every time they pull up to the pumps to fill up, according to the latest fuel gauge report from AAA Oklahoma. That compares to last week’s average of $2.37. …
Figures released this week by the U.S. Energy Information Administration show oil production in the country continues to rise including in Oklahoma and Texas, two heavy oil-production states. The latest production figures from the EIA run from July 2017 to December 2017 indicating Oklahoma’s monthly production started its climb last summer. The state’s production went …
