New Mexico’s largest electric utility and one of the nation’s premiere federal research laboratories will team up on a series of projects aimed at making the electric grid more resilient as the state prepares to add more renewable energy to the mix, officials said Monday. The research and development partnership between Sandia National Laboratories …
September 2020 archive
Arkansas’ Windstream Completes Restructuring, Goes Private
Windstream Holdings Inc. of Little Rock announced this week that it has officially restructured and is now a private company. The telecommunications firm declared bankruptcy last year and has been working to remake itself and cut debt reported Arkansas Business. The company said it’s reduced its debt by about two-thirds, or more than $4 billion, and …
Energy news in brief
** General Mills announced a pledge to reduce absolute greenhouse gas emissions by 30 percent across its full value chain – from farm to fork to landfill – over the next 10 years. The company also committed to a long-term goal to achieve net zero emission levels by 2050. ** Private equity partnership Pelican Energy Partners has an …
Matador reports big producers in New Mexico
Dallas-based Matador Resources announced the completion of its first four Boros wells in the Stateline asset area in southeast New Mexico with production ranging from more than 3,100 barrels of oil equivalent up to nearly 4,600 barrels of oil equivalent. The company said all four Eddy County wells are two-mile laterals which were part …
More drilling interest in Oklahoma
Some of the latest permits to drill issued by the Oklahoma Corporation Commission showed a slight increase in drilling in the state. Mack Energy Company received a permit to drill two SW Wildcat Jim Deese Unit #17-2-1 wells at 07 2S 2W in Carter County. The site is southeast of Ratliff City. Red Rocks …
Chamber’s endorsement of Rep. Horn still catches headlines
The U.S. Chamber of Commerce decision to give a controversial endorsement of Oklahoma Democrat Congresswoman Kendra Horn is still making the political rounds. Grist, in a report about the Chamber’s endorsements for Rep. Horn and other Democrats who strongly support Speaker Nancy Pelosi raised more than the eyebrows of Oklahoma State Chamber of Commerce …
GE: Industrial giant will stop building coal-fired power plants
In a dramatic reversal, one of the world’s biggest makers of coal-fired power plants is to exit the market and focus on greener alternatives. US industrial giant General Electric said it would shut or sell sites as it prioritised its renewable energy and power generation businesses reported BBC. It comes ahead of a US …
Completion reports for September 21, 2020
Completion reports filed on September 21, 2020. DEWEY COUNTY Tapstone Energy Llc Mississippian (less Chester): Oil 735 Gas 1501 Water 1341 Flow 25 19N 14W W. Pollock Fed 24/13-19-14 2h, December 05, 2019 HH, OIL, TD: 19695 ft Lat: 36.10088, Long: -98.64752 API: 35043237080001 KINGFISHER COUNTY Ovintiv Mid-continent Inc. Mississippian (less Chester)(8763): Oil 430 Gas 1065 Water 1520 Flow 12 16N 9W Alan 1609 2h-13x, March …
Permits to drill for September 21, 2020
Permits to drill issued on September 21, 2020. Carter County HEALDTON II UNIT #Y-2, September 21 2020 08 4S 3W NWNWNESE API: 01976017 Lat: 34.22332654409258, Long: -97.53147317647591 OTC/OCC NOT ASSIGNED SH, RC, 1000 ft, BARTLESVILLE(900) Carter County SW WILDCAT JIM DEESE UNIT #17-2-I, September 21 2020 07 2S 2W SENWNWSW API: 01926406 Lat: 34.396384602587936, Long: -97.45630217505149 MACK …
Tumbling oil and natural gas prices knocked down energy stocks
The nation’s energy sector took a beating on Monday as crude oil and natural gas prices took a sharp drop and the broader stock market suffered a selloff. It included the numerous Oklahoma related energy company stocks. Alliance Resource Partners dropped more than 7% or 23 cents to $2.95. Blueknight Energy Partners was down …