In a month, Oklahoma Natural Gas will be before the Oklahoma Corporation Commission asking for a $11.8 million rate hike. In a notice to its customers this week, ONG said its rate hike request will be heard June 11 at 1:30 p.m. before the Commission. “The requested increase is necessary to recover increased business …
Gulfport Energy Corporation in Oklahoma City reported it lost $517 million in the first quarter of the year despite reducing total long-term debt by nearly $80 million and improving its drilling efficiencies. The company reported its net loss of $517.5 million amounted to $3.24 per diluted share and its adjusted net income was $16.6 million …
Oklahoma City-based Panhandle Oil and Gas reported a $20 million net loss or $1.21 a share in the quarter ending March 31, 2020 on top of a non-cash impairment of $29.5 million. The $20 million loss caused a continuing hit on the company’s net income which a year ago was a loss of $1.9 …
A move started three years ago by the Oklahoma legislature to protect energy pipelines and projects from protesters saw another state adopt similar efforts this week. Alabama lawmakers this week advanced legislation to add new criminal penalties to nonviolent protests against pipelines and other fossil fuel projects, setting a course to become the fourth state to …
Completion reports filed on May 8, 2020. BLAINE COUNTY Paloma Operating Co Inc Mississippian: Oil 627 Gas 816 Water 78 Flow 29 15N 10W Hammerhead 20-15n-10w 3mh, August 20, 2019 HH, OIL, TD: 16227 ft Lat: 35.75329, Long: -98.29443 API: 35011240990001 CARTER COUNTY Mack Energy Co Deese: Oil 1 Water 230 Pump 6 2S 2W Sw Wildcat Jim Deese Unit 7-1, March 05, 2020 SH, …
Permits to drill issued on May 8, 2020. Kingfisher County GARMS 1708 #1-SWD, May 08 2020 11 17N 8W SWSWSWSE API: 07326701 Lat: 35.95696856834545, Long: -98.0223401159441 OVINTIV MID-CONTINENT INC. SH, DR, 9490 ft, VIOLA(8925), BROMIDE DENSE(8980), BROMIDE LOW(9175) Kingfisher County VAVERKA SWD AKA HWY 51 SWD #1, May 07 2020 23 19N 6W SWNWNWNW API: 07326700 Lat: …
A bipartisan group of senators called on the president to reject a previous request for Renewable Fuel Standard waivers from five oil-state governors, reported POLITICO. It means Oklahoma Governor Kevin Stitt finds himself in a political fight with Senators who are from mostly corn-producing states that rely heavily on the production of biofuels. “Waiving the RFS …
** Great River Energy will close a major coal plant in North Dakota several years early as it grows too costly to run while adding 1,100 MW of wind to its portfolio. As part of its coal transition, Great River Energy will repower a 99 MW coal plant in North Dakota to run on natural gas. North Dakota coal advocates raise concerns about …
The number of active rigs in Oklahoma and the rest of the U.S. dropped even further in the past week, leaving only 13 drilling for new energy in Oklahoma and 374 nationally. Baker Hughes Co. reported Oklahoma suffered the loss of two more rigs leaving 13 actively drilling compared to 102 a year ago. …
Oklahoma Corporation Commissioner Bob Anthony is now speaking publicly for the first time since he voted last month against allowing a Tulsa oil company to shut-in its oil production because of the COVIS-19 outbreak and the following oil crisis. In a filing on Friday, Commissioner Anthony formally issued his dissent statement, saying the emergency order …
