The nation’s rollout of a vaccine to fight COVID-19 spurred investors on Wall Street Monday as crude oil futures hit a 9-month high. But it turned into a low for Oklahoma energy stocks. West Texas Intermediate crude for January delivery rose 42 cents to $46.99 a barrel in trading on the New York Mercantile …
More snow is in the forecast this week for parts of Oklahoma. It also means much colder weather with temperatures well into the teens and lower to be faced by any energy workers outdoors. State Climatologist Gary McManus with the Oklahoma Mesonet, who likes to keep a humorous slant to his weather forecasts reported …
Oklahoma Corporation Commissioners have delayed a regular meeting that was scheduled for Wednesday morning at the state capitol. The delay was announced on Monday indicating that the meeting “will not occur.” An additional notification of the rescheduled meeting will come later. No reason was given for the announced delay. The meeting was scheduled to …
** An oil tanker off Saudi Arabia’s port city of Jiddah suffered an explosion early Monday after being hit by “an external source,” a shipping company said, suggesting another vessel has come under attack off the kingdom amid its yearslong war in Yemen reported the Associated Press. The Singapore-flagged BW Rhine saw all 22 sailors on …
Luminant says it will shut down a natural gas-fired Trinidad Power Plant in the spring of the year, ending a 55 year history of producing electricity for the region southeast of Dallas, Texas. The Athens Review reported the company had informed the Electric Reliability Council of Texas of its plans for the shutdown. Click …
Oklahoma City’s SandRidge Energy on Monday announced the $47 million sale of its North Park Basin Assets in Colorado to Gondola Resources, LLC, a Delaware limited liability company backed by Fulcrum Energy Capital Funds. It is the latest divestiture made by the Oklahoma energy company. Gondola is based in Frisco, Texas and formed in 2015 …
Canada’s oil sands are starting to become more and more favorable in the eyes of Wall Street analysts and investors. Bloomberg reports the Canadian oil sands companies are coming out of the downturn with a greater standing among those who look to making the best and strongest investments. The product has reportedly become even …
The Oklahoma Supreme Court has decided it will hear arguments against the State Corporation Commission’s move to regulate energy activities within the historical boundaries of Oklahoma’s Five Civilized Tribes. It issued a one-sentence order last week stating that it will review the decision which was made as a result of the US Supreme Court …
Completion reports filed on December 11, 2020. completions: none were processed today
Permits to drill issued on December 11, 2020. permits: none were processed today
