April 2018 archive

No Slow Down in Wind Construction in Oklahoma and the U.S.

  The American Wind Energy Association’s fourth quarter 2017 market report on wind farm construction in the U.S. shows Oklahoma remains number two nationally, behind only Texas. The industry installed 4,125 megawatts of new wind capacity from 29 new wind projects in 16 states in the fourth quarter of 2017.  Texas led with 1,179 MW …

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Rep. Bridenstine Awaits Possible Senate Vote This Week on his NASA Nomination

Oklahoma Congressman Jim Bridenstine might learn this week if he is going to become the new administrator of NASA. The U.S. is reported to be poised to vote on his second nomination by President Donald Trump.  The first failed to make it to the Senate before the end of the congressional session in 2017, prompting …

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Kansas Wind Farm Operator Declared Number One in U.S. for New Developments

A new market report from the American Wind Energy Association shows Tradewind Energy, a firm based in Lenexa, Kansas was ranked number one nationally for 2017 wind energy developed and installed. The U.S. Wind Industry 2017 Market Report said Tradewind, one of the largest independent wind and solar project development companies in the nation, developed …

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Tulsa Coal Company to Release Earnings Report

Tulsa’s big coal companies, Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. plan to report their first quarter 2018 financial results on April 30. The company will release the report prior to the opening of the market on that Monday. Management will then hold a conference call at 9 a.m. Central Time to discuss …

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Another Texas Pipeline Affects Cushing Hub Operations

Yet another crude oil pipeline is carrying crude directly to South Texas ports and refineries rather than to the Cushing hub in northern Oklahoma. Days after we reported how Cushing was losing some of its influence in the crude oil market and how more and more pipelines were carrying oil directly to market, Enterprise Products …

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North Slope in Alaska Promising for ConocoPhillips

With major operations in Bartlesville, ConocoPhillips is in the process of expanding into Alaska and reported this week the conclusion of its 2018 winter exploration and appraisal program there. And it appears the results are promising for the Houston-based company. ConocoPhillips originally intended to drill five wells on the Western North Slope comprising two appraisal …

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Burn Ban Expanded in Western Oklahoma

With wind farm and oil and gas operators in the western half of the state paying close attention to the possibility of wildfires, Gov. Mary Fallin this week expanded a burn ban. Her order on Monday expanded the ban from 16 counties to 36 counties because of the extreme and extraordinary fire danger. The burn ban will …

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GAO says EPA Violated Laws in Creating Privacy Booth for Pruitt’s Office

While some readers are weary of the growing number of stories about Scott Pruitt and his running of the EPA, the government has taken notice of his operations. This week, the Government Accountability Office of the Environmental Protection Agency was out with a report stating that the EPA violated federal spending laws when it purchased …

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Oil Prices Slipped in Monday’s Trading

Oil prices ended lower on Monday as the market gave back some of the gains made last week in trading. The price for one barrel of West Texas Intermediate crude, as set at the Cushing hub was $66.29 for May contracts. It was a drop of $1.10 per barrel in trading on the New York …

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Newfield Cleared in Bid-Rigging Allegations and Lawsuit

A federal judge in Colorado has cleared a subsidiary of Newfield Exploration, a company with heavy operations in Oklahoma’s STACK play. In a recent ruling, the judge said there was no evidence as claimed by two companies that Newfield Production Company convinced a competitor majority-owned by the Ute Tribe to stay out of bidding for …

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