July 2020 archive

Solar company’s bankruptcy felt by Tulsa investment firm

  The bankruptcy of a Colorado-based solar energy firm is hitting a Tulsa investment company to the tune of more than $23 million. Black Coral Capital and First Solar Distributed Generation LLC based in Tempe, Arizona are the holders of $23.37 million in secured debts of Clean Energy Collective LLC, a Louisville, Colorado company that …

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EPA official faces conflict of interest claim by Democrats

  A Democratic-leaning group demands an EPA official recuse herself from the agency’s oversight of methane gas because her family in Texas owns land where an Enbridge natural gas pipeline crosses. Anne Idsal runs the EPA’s Office of Air and Radiation. Valley Crossing Pipeline LLC, a wholly owned subsidiary of Enbridge, operates a 168-mile natural …

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Wyoming’s first new coal mine in 50 years is approved

  Wyoming regulators have approved the state’s first new coal mining operation in nearly half a century. The Department of Environmental Quality announced Tuesday it will issue a coal mining permit to Brook Mining Company LLC following years of internal review and public debate. The permit will allow the firm to mine for coal just …

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Oklahoma energy firms directly affected by court-ordered shutdown of Dakota Access pipeline

    The federal court order shutting down the Dakota Access pipeline owned by Dallas-based Energy Transfer is not only affecting the Texas company but some major energy firms in Oklahoma as well as firms with major operations in Oklahoma. Here’s why. Energy Transfer is the majority-owner but the pipeline is also owned by Phillips …

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Completion reports for July 8, 2020

Completion reports filed on July 8, 2020. BLAINE COUNTY Continental Resources Inc Mississippian(12992): Gas 11349 Water 4170 Flow 31 13N 12W Friesen 1-31-6xhm, April 06, 2018 HH, GAS, TD: 24662 ft Lat: 35.56507, Long: -98.51601 API: 35011238700001 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9415): Oil 589 Gas 2300 Water 856 Flow 3 12N 7W Cowabunga 1207 3-10 1mxh, March 11, 2020 HH, OIL, TD: 19905 …

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Permits to drill for July 8, 2020

Permits to drill issued on July 8, 2020. Canadian County HUSMANN #32-1, July 08 2020 32 13N 8W CSWNW API: 01722591 Lat: 35.55308251242903, Long: -98.08099760420905 URBAN OIL & GAS GROUP LLC SH, AM, 9810 ft, COTTAGE GROVE(8226) Canadian County REESE(CCGU 2-18) #18-2, July 08 2020 18 13N 8W CNWSE API: 01722341 Lat: 35.60022963708466, Long: -98.09871500367652 URBAN OIL …

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Oil prices at 4-month high

  Not since March 6 have crude oil futures in the U.S. been as high as they were when trading finished Wednesday at just under $41 a barrel. Still not enough to give exploration and production companies a break-even point. Many consider it to be at least $50 a barrel before they can possibly start …

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Corporation Commission backlog of cases grows due to COVID—might go public in handling them

  Even as Oklahoma Corporation Commissioners consider possible public hearings into a backlog of some 200 cases, they were told Wednesday that 9 employees of the agency are being monitored for COVID-19. The Commission’s Jim Thorpe headquarters building at the State Capitol has been closed to the public since the start of the pandemic but …

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Regulators hear complaints about ONG supply changes

  Transporters of natural gas in the eastern half of Oklahoma are not happy about it but Corporation Commissioners have approved a nearly $12 million increase in base rates for Oklahoma Natural Gas. That’s because eastern Oklahoma natural gas transporters will have to spend more money in getting their product to ONG customers. Marie Synar, …

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Acquisition leads to giant solar installer in US

  Leading U.S. home solar installer Sunrun has agreed to acquire its biggest rival, Vivint Solar. Sunrun plans to buy Vivint Solar for an enterprise value of $3.2 billion, a price tag that rivals that of other high-profile clean energy acquisitions: Tesla bought SolarCity for $2.6 billion in 2016, while Google acquired Nest for $3.2 billion in 2014 reported Green Tech Media. …

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