October 2019 archive

Permits to drill for October 22, 2019

Permits to drill issued for October 22, 2019. Grady County EMERY #2-9-16XHW, October 22 2019 09 7N 5W SESENWNW API: 05124729 Lat: 35.09904332681079, Long: -97.73755906426985 CONTINENTAL RESOURCES INC HH, DR, 20790 ft, WOODFORD(11489) Grady County EMERY #2-9-16XHW, October 22 2019 09 7N 5W SESENWNW API: 05124729 Lat: 35.09904332681079, Long: -97.73755906426985 CONTINENTAL RESOURCES INC HH, DR, 20790 ft, …

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Small earthquakes rattle West Texas

The U.S. Geological Survey is investigating Sunday’s cluster of three earthquakes that occurred in a span of more than six hours in West Texas. The first quake was a magnitude 2.5 and struck around 8:05 a.m. Sunday. Its epicenter was approximately 40 miles west of Mentone, a small community near the border of Texas and …

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Energy briefs

**  While Oklahoma’s using some of its Volkswagen AG emissions settlement money to replace school buses, the state of Minnesota will spend $1.7 million to expand electric vehicle charging options. The 22 locations will be created over the next two years along Minnesota’s major highways. A spokesman called it the formation of a “minimum viable …

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Accounting firm Weaver to open OKC office to focus on energy industry

The national accounting firm Weaver, one of the 35 largest certified public accounting firms in the United States and based in Fort Worth, announced  its expansion into Oklahoma City where it intends to focus on the energy industry. The firm said audit partner Zeeshan Khan will manage the office located at 101 Park Avenue, Suite 1300 in Oklahoma …

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Bergey WindPower lands DOE grant

Bergey WindPower of Norman is one of 13 companies and groups to share in $28 million dollars in wind energy grants from the U.S. Department of Energy. Bergey will develop a standardized distributed wind/battery/generator micro-grid system that rural utilities can provide to rural homes and businesses to deliver resilience, energy savings and reliable power, according …

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OU to dedicate new Quantum Technology Center

The University of Oklahoma is preparing to dedicate the OU Center for Quantum Research and Technology in ceremonies to be held Friday in Norman. The University says the center will put OU and Oklahoma on track to become a world leader in quantum technology by excelling in basic research and pursuing applications by its discoveries. …

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Treasurer sees growth in state’s “use” tax

Oklahoma Treasurer Randy McDaniel is out with his monthly Oklahoma Economic Report and again lays out how the state’s tax revenues saw only “moderate” growth in September. Something, he attributes in part to the state’s oil and gas slowdown. But McDaniel also discusses the state’s “use tax” which he says is “quickly becoming a significant …

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Inhofe says PFAS talks are going slowly

As chairman of the U.S. Senate Armed Services Committee, Oklahoma Sen. Jim Inhofe isn’t exactly a bucket of enthusiasm about how to deal with man-made chemical pollution when it comes to a defense budget. Here’s how POLITICO’s Morning Energy Report detailed it. PFAS PROGRESSING IN NDAA BUT LITTLE ELSE: Senate Armed Services Chairman Jim Inhofe said language concerning …

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Federal revenue grows in New Mexico thanks to oil and gas

While Oklahoma’s rig counts have plunged in the past year to less than half of what they were a year ago, the count in New Mexico’s Permian Basin has replaced Oklahoma as the state with the second highest number of oil and gas rigs. And it’s showing in the revenue generated for the state of …

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Two Oklahoma mayors join push to extend solar tax credit

More than 200 mayors from across the U.S. are urging Congress to extend the investment tax credit for solar power, a credit that is scheduled to start dropping at the end of this year. Only two mayors in Oklahoma were among the 231 who signed the letter. They were Mayor Breea clark of Norman and …

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