August 2020 archive

All of Xcel Energy’s customers will help pay for its $100 million electric car plan

  Even those who don’t drive electric cars will be expected to help pay for Xcel Energy’s $100 million plan to put 1.5 million electric cars on the roads in the states it serves by 2030. Xcel Energy serves 3.3 million electricity customers in 8 states — Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, …

Continue reading »

Oklahoma regulators to take possible vote on natural gas prorationing plan

  After taking comments from producers last week on a proposed plan to continue with a 50% gas prorationing rate, the Oklahoma Corporation Commissioners might vote on the proposal during a Wednesday regular meeting. The issue is on the agenda that includes a possible vote on whether to keep the rate the same level as …

Continue reading »

Workers to lose their jobs at Pioneer Natural Resources and Parsley Energy

  Job cuts are coming for two shale oil producers Pioneer Natural Resources Co. of Dallas and Parsley Energy Inc. of Austin. Both Permian Basin operators are planning to start layoffs in the coming days after each reported huge second quarter losses reported Reuters this week.   The cost cuts are the latest by oil …

Continue reading »

Completion reports for August 24, 2020

Completion reports filed on August 24, 2020. HUGHES COUNTY Trinity Operating Usg Llc Woodford(4934): Gas 6025 Water 1128 Flow 31 8N 12E Glynell 4-31/30h, October 23, 2019 HH, GAS, TD: 10586 ft Lat: 35.11682, Long: -96.08506 API: 35063248620002 PITTSBURG COUNTY Trinity Operating Usg Llc Woodford(7946): Gas 4129 Water 2650 Flow 1 7N 18E Quinton 1-36/25h, September 20, 2019 HH, GAS, TD: 18380 ft …

Continue reading »

Permits to drill for August 24, 2020

Permits to drill issued on August 24, 2020. Carter County ALPINE MEADOWS #1-30, April 05 2019 30 3S 3W NESENWNW API: 01925538 Lat: 34.2722850846039, Long: -97.55852438415903 CHARTER OAK PRODUCTION CO LLC SH, RC, 10318 ft, TUSSY(6495), SYCAMORE(6939), WOODFORD(7099), HUNTON(7157), VIOLA(9039) Mcclain County WILE E. COYOTE #1-1, March 01 2019 01 5N 2W SWNWSENE API: 08721897 Lat: 34.93751332628063, …

Continue reading »

Increases reported in value of oil stocks

  Oil went up because of the two major storms hitting the Gulf of Mexico and so did the value of some Oklahoma related energy companies. SandRidge Energy saw a 5.06% jump of 8 cents a share, finishing Monday’s trading at $1.66. Devon Energy rose 3.26% or 34 cents to end the day at $10.78 …

Continue reading »

Oil futures gain as Gulf of Mexico storms lead to energy output reductions

  Oil futures settled higher on Monday, getting a boost from reductions to crude and natural-gas output in the Gulf of Mexico due to storms in the region. October West Texas Intermediate oil rose 28 cents, or 0.7%, to settle at $42.62 a barrel on the New York Mercantile Exchange. That marked the first increase for a …

Continue reading »

State okays $66 million in water improvements to 7 cities

Nearly $66 million in water improvement loans and grants were made this month to 7 different cities by the Oklahoma Water Resources Board. The loans were made to improve water and wastewater infrastructure. The largest loan totaled $56,950,000 for the Broken Arrow Municipal Authority and came from the Oklahoma Clean Water State Revolving Fund and …

Continue reading »

Energy missing from candidates in GOP runoff race

  Voters in Oklahoma’s 5th congressional district vote Tuesday in deciding the Republican runoff between State Rep. Stephanie Bice and Oklahoma City businesswoman Terry Neese. While their campaign has become an example of how dirty politics can become, due to dark money and exaggerated claims from each camp, one thing missing from their campaigns is …

Continue reading »

Chaparral Energy moves forward with Chapter 11 bankruptcy hearings

  Oklahoma City-based Chaparral Energy has taken more actions in its Chapter 11 bankruptcy protection case filed in Delaware U.S. Bankruptcy Court. In a published notice the company said it has filed petitions for relief under the Chapter 11 and a hearing will be held in court on Oct. 1 of this year. The combined …

Continue reading »