March 2020 archive

Corporation Commissioner attacks reform bill—calls it micromanagement attempt

A “wolf in sheep’s clothing.”  It’s what Oklahoma Corporation Commissioner Bob Anthony calls a house bill introduced by Seminole Republican Rep. Zack Taylor. But Taylor is defending the measure and criticizes Commissioner Anthony. Anthony has launched a broadside attack on HB 1556 which is called the Oklahoma Corporation Commission Reform Act, a bill originally introduced …

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Oil and gas gross production tax revenue plunges 20% for Oklahoma

With a nearly 20% drop in gross production tax revenue from oil and gas, Oklahoma’s gross receipts to the treasury are back in negative territory for the month of February. Treasurer Randy McDaniel announced Wednesday the February total monthly collections were $956.8 million, down by $14.7 million or 1.5 percent compared to February 2019. He …

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Energy news in brief

** After years of disputes over net metering, Iowa solar advocates and the state’s largest utility find common ground in a proposal that would preserve payments to solar customers and call for a value of solar study. ** The Indiana Senate passes its version of a bill that would require regulatory approval for coal plant closures, though it is less favorable …

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Colorado’s utilities about to face new methane gas purchasing rule

Colorado is on the verge of requiring the largest utilities in the state to buy a growing portion of the natural gas they purchase from renewable sources such as sewage plants, dairies and landfills. The law would require that by 2025 at least 5% of natural gas bought by utilities with more than 200,000 gas …

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Marathon to invest heavily in retail arm Speedway

The nation’s largest petroleum refinery operator plans to invest heavily in its retail segment in 2020 before spinning off the Dayton-area subsidiary at the end of the year. That’s big news for the continued growth of Speedway LLC, the Enon-based retailing arm of Marathon Petroleum Corp. . Speedway, the second-largest convenience store chain in the …

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Upset in Texas Railroad Commission primary race

A member of the top energy regulator in Texas lost his place on November’s ballot to a Republican challenger, a major upset for an incumbent supported by some of the oil industry’s biggest names. Ryan Sitton, whose six-year term ends in January, conceded to Jim Wright as the party’s nominee for a spot on the …

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Completion reports for March 3, 2020

Completion reports filed on March 3, 2020. ALFALFA COUNTY Bce-mach Llc Mississippi Lime(6016): Oil 25 Gas 485 Water 1797 Gaslift 20 25N 12W Jones 30-25-12 1h, June 04, 2019 HH, GAS, TD: 11333 ft Lat: 36.62378, Long: -98.52180 API: 35003233540000 Bce-mach Llc Mississippian(5230): Oil 220 Gas 562 Water 818 Gaslift 22 27N 11W Rc Brown 22-27-11 4h, June 03, 2019 HH, OIL, TD: 10074 ft Lat: …

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Permits to drill for March 3, 2020

Permits to drill issued on March 3, 2020. Canadian County KEVIN COM #2-29H, March 03 2020 29 11N 8W SWSESESE API: 01725610 Lat: 35.39250408653499, Long: -98.05372724214185 CIMAREX ENERGY CO HH, DR, 17538 ft, WOODFORD(12200) Grady County Z 21 #4-17-8XHW, August 16 2019 17 7N 5W NWNESENE API: 05124695 Lat: 35.08379857978138, Long: -97.74304700809441 CONTINENTAL RESOURCES INC MU, AM, …

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Senators want Trump’s EPA to fight Denver Federal Appeals Court

  Oklahoma U.S. Sens. Jim Inhofe and James Lankford are among 11 senators urging the Trump administration to challenge a renewable fuels decision from the 10th U.S. Circuit Court of Appeals in Denver. They want the EPA to fight the court. The Senators are among those who support the administration’s original rule to grant ethanol …

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Renewable energy supporters are told—“the future is now”

Nearly 100 renewable energy advocates who belong to the Oklahoma Power Alliance spent Tuesday lobbying state legislators about the benefits of wind and solar power in the state. “Lawmakers need to understand this is not some far-off future–this is now,” said Mark Yates, Vice President of the Alliance as he spoke to the 100 gathered …

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