June 2018 archive

Oklahoma wind farm operator to build major plant in northern Iowa

California-based EDF Renewables, a firm with two major wind farm operations in Oklahoma has announced the signing of a contract to build a major wind project in northern Iowa. It made the agreement with Alliant Energy for construction and development of up to 200 megawatts of the Golden Plains Wind Project in Winnebago and Kossuth …

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Another company bails out of Raton Basin in SE Colorado

Dallas based Pioneer Natural Resources Company has announced the sale of its southeastern Colorado assets for $79 million, thus becoming yet another company bailing out of the Raton Basin. The company sold its assets in the Raton Basin to Evergreen Natural Resources LLC and the sale should be finalized by the end of July. The …

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North Dakota okays refinery next to national park

Environmentalists and conservation groups don’t like the decision but the State of North Dakota has approved a permit for construction of an oil refinery near the Theodore Roosevelt National Park. The decision by the North Dakota Health department in support of the Davis Refinery is considered a major victory for Meridian Energy Group based in …

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Decision by Army Corps of Engineers in Tulsa stuns Senator

Oklahoma U.S. Sen. James Lankford calls it “unbelievable.” The U.S. Army Corps of Engineers did not include funding for improvements to Tulsa’s levee system, one rated as one of the worst in the nation. “For two years, Congress has given the Corps the tools to tackle this project, which has been identified by the Corps …

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Governor signs bill to protect military air bases from wind farms

Oklahoma Gov. Mary Fallin signed a bill into law this week to protect the state’s three major Air Force bases from the encroachment of wind farms. She signed Senate Bill 1576, a measure approved by the state legislature in April. Legislators were warned if the growth of wind farms spread any closer to Tinker, Altus …

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Verizon customers unable to communicate as outage hits the state

  Thousands of Verizon Wireless customers scrambled Wednesday morning when the company suffered an outage of service. Those who still had the old-fashioned land line resorted to them to make calls. Others were left wondering—what was so and so’s phone number? Both cellular and internet service were interrupted over many areas of the state ranging …

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WPX Energy to discuss 2Q results on Aug. 2

Tulsa-based WPX Energy is already planning to release its second-quarter 2018 financial and operations results. The company will hold a webcast discussion on Thursday, Aug. 2 beginning at 9 a.m. central time. Chief Executive Officer Rick Muncrief along with Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. …

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Corporation Commission releases signing agenda

The Oklahoma Corporation Commission meets Thursday morning for a signing order session. The meeting will be held at 9:30 a.m. at the Jim Thorpe building. One item is Cause No.  PUD 201800021, an application of Iochem Corporation for an order of the Commission declaring compliance and applicability of the Retail Electric Supplier Certified Territory Act. …

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OGE bills to drop in July—-AG reaches settlement over rate reduction

  Attorney General Mike Hunter announced Wednesday parties involved in the OG&E rate case have reached a historic $64 million rate reduction settlement agreement, resulting in lower utility bills for OG&E customers beginning in July. Customers will also receive a one-time refund as a result of the $18.5 million federal corporate income tax cut, after …

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Government wins legal fight over abandoned 20-year old well

A six-year legal fight with the Interior Department over a 20-year old well that’s never produced has resulted in another loss for Cibola Energy Corporation, a firm based in Albuquerque, New Mexico. Oklahoma energy companies don’t normally have to deal with the federal government in drilling new wells, but if you’re in New Mexico, it’s …

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