2020 archive

Rep. Cole part of bipartisan bill to extend distributed wind credit

    Oklahoma Rep. Tom Cole joined Oregon Democrat Rep. Earl Blumenauer on Friday in introducing a bill to extend the small wind investment tax credit. Their  Rural Wind Energy Modernization and Extension Act would nix the existing 100-kilowatt nameplate limitation for small wind systems and expand the maximum wind turbine size to 10 megawatts. The …

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Energy news in brief

** EPA finalized a rule Thursday that will make it easier for power plants and others that emit Clean Air Act pollutants to avoid the costly process of applying for new federal permits when they make major upgrades, ** A lawsuit faults California’s PG&E for last month’s deadly and destructive Zogg Fire, alleging the utility failed to maintain power …

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Petroleum Alliance: Biden energy policy a ‘recipe for economic and national security disaster’

  “A recipe for an economic and national security disaster.” It’s what Petroleum Alliance of Oklahoma President Brook A. Simmons said about Democratic presidential candidate Joe Biden’s comments about fossil fuels during the Thursday night televised debate with President Trump. In the final minutes of the 96-minute debate, the question about energy was finally asked …

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Oklahoma sees slight gain in rig count

  Oklahoma’s number of oil and gas rigs active in the field continues to slowly increase, according to the latest rig count provided by Baker Hughes. The state’s count grew by one in the past week to reach 15, still far below the 54 reported one year earlier. Nationally, the count increased by 5 to …

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State agencies, private sector join to prepare for cyber-attack

  State and industry officials are reviewing the lessons learned from the first of what is anticipated to be an annual cyber and energy security exercise involving government agencies and the private sector in Oklahoma. Focusing on response to a cyber-attack that impacts utility and other energy services as well as local and state government …

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Hamm—election of Biden will mean $6 a gallon gasoline

Joe Biden’s plans for discouraging the use of fossil fuels would “plunge America back in a depression” and could drive gasoline prices to $6 per gallon, billionaire oilman Harold Hamm said Thursday, well beyond any level previously recorded. Hamm, a confidant of President Donald Trump and the chairman of Oklahoma-based Continental Resources Inc., made the …

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Completion reports for October 22, 2020

Completion reports filed on October 22, 2020. KINGFISHER COUNTY Overflow Energy Stack Llc 7 17N 9W Red Winter Swd 1, April 14, 2020 SH, COMM, TD: 10310 ft Lat: 35.96434, Long: -98.19331 API: 35073261650001 STEPHENS COUNTY Territory Resources Llc Upper Hoxbar(10131): Oil 1.7 Gas 58 Water 4 Pump Middle Hoxbar(10400): Gas 43 Water 7 Pump Deese Group(12443): Gas 21 Pump Atoka(14495): Gas 9 Pump 24 2N 8W Defender 3-24, …

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Permits to drill for October 22, 2020

Permits to drill issued on October 22, 2020. Carter County AWU #33, October 22 2020 34 3S 2W NWSESENE API: 01926412 Lat: 34.25399518530859, Long: -97.38894011039568 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(300) Carter County AWU #32, October 22 2020 34 3S 2W SENESENE API: 01926411 Lat: 34.25490187757607, Long: -97.38784800875297 KODIAK OIL & GAS INC …

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Energy stocks made gains on Thursday

  Thursday turned out to be a turn-around day for many energy stocks as some soared as much as 7 and 8%. Alliance Resource Partners rose 8 cents for a 3% increase to $2.82. Blueknight Energy Partners settled up 4 cents for a 3% rise to $1.39. Chesapeake Energy also had a 3% increase of …

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Oil prices end higher as some signs point to demand recovery

  Oil futures ended higher on Thursday, as a fall in U.S. weekly jobless claims to a new pandemic low and progress toward a fresh coronavirus aid package boosted prospects for energy demand. West Texas Intermediate crude for December delivery rose 61 cents, or 1.5%, to settle at $40.64 a barrel on the New York Mercantile …

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