November 2020 archive

Gas discovery in Norwegian Sea by ConocoPhillips

  ConocoPhillips announced a major new gas condensate discovery in the Norwegian Sea off the coast of Norway. The site is located 22 miles northwest of the Heidrun Field and 150 miles from Norway. Preliminary estimates place the size of the discovery between 50 and 190 million barrels of recoverable oil equivalent, according to the company. …

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Tribe partners with GRDA to build electric substation in Shawnee

  A new electrical substation has gone operational at Shawnee’s Iron Horse Industrial Park, courtesy of the Grand River Dam Authority and the Citizen Potawatomi Nation. The two created a partnership to build the substation and locate it on the park that is owned by the Indian tribe. The new facility allows the tribe to …

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Best ranked tech cities? None in Oklahoma

    A large swath of middle U.S.A. is void of any cities making the 2020 list of CompTIA’s Tech Town Index…a list of those cities with the best high technology industries. Oklahoma didn’t make the list. Neither did Kansas, Nebraska and the Dakotas. But two cities in Texas were on the list and some …

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Evergy denies report it received $15 billion NextEra Energy acquisition offer

  Kansas-based Evergy is denying a published report that it has turned aside a $15 billion acquisition bid from NextEra Energy. Reuters had reported that anonymous sources had indicated Evergy, a utility with customers in Kansas and Missouri, turned down NextEra’s offer, to which Evergy replied with a statement saying “there is currently no offer …

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Concern grows about drilling near Colorado’s Chimney Rock national monument

At the request of Colorado and local officials, federal agencies are considering offering more time for public comment on a proposed leasing of federal land for drilling near the historic Chimney Rock National Monument.The monument is located between Pagosa Springs and Durango in the southern part of the state.Nearly 9,000 acres of public land is …

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Senate committee releases bills to increase military spending in Oklahoma

  Oklahoma military installations stand to make major gains in appropriations under federal funding bills as Sen. James Lankford and others on the Senate Appropriations Committee work on the measures before an early December deadline. The Republican Senator said the improvements and gains are included in federal funding bills for the Veterans Administration, Department of Defense, …

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$3.8 billion 3Q loss reported by Occidental Petroleum

Houston’s Occidental Petroleum suffered decreased losses in the third quarter, but it was still $3.8 billion even after a $2.4 billion write-down on falling equity in its Western Midstream Partners. Occidental’s quarterly report indicated the company slashed its losses by more than half compared to the second quarter loss of $8.4 billion. A year ago, …

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Energy news in brief

** Texas county commissioners delay consideration of tax abatements for a $190 million, 1,700-acre solar farm amid opposition by residents and the lack of a draft agreement reported the Austin American-Statesman. ** A Turkish electric vehicle parts supplier announces it will open its first North American manufacturing plant in Calhoun, Georgia according to the Chattanooga Times Free Press. **  The New Orleans Advocate …

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Texas Panhandle power plant switching from coal to natural gas

  One of the latest electrical power plants in Texas to make the switch from coal to natural gas is in the Panhandle. KFDA TV reports that Xcel Energy announced the Texas Commission on Environmental Quality reached an agreement with the firm to convert its Harrington power plant in Amarillo to a natural gas fuel …

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Chesapeake Energy workers develop new tool

  Oklahoma oil and gas workers develop an award-winning plug to protect well workers from exposure to fumes while working on production tanks. Click here for the story from The Oklahoman.