The U.S. oil and gas industry has lost 107,000 jobs during the coronavirus pandemic, and most of these jobs may take years to return, according to a new report. The global pandemic, which plunged demand for crude and petroleum products such as gasoline and jet fuel, has led to the fastest layoffs in the oil …
2020 archive
Entergy plugs into largest solar array in Arkansas
Entergy Arkansas has plugged into its second major solar power facility, a 350,000-panel array near Lake Village that is now the largest in Arkansas. Click here to view the story from Arkansas Business.
Texas to choose a new Railroad Commissioner
While Oklahoma has its race for a state Corporation Commission seat, so does the state of Texas. On the ballot this November for the seat on the Texas Railroad Commission are Democratic candidate Chrysta Castañeda and Republican candidate James “Jim” Wright. Click here to view the story from KVUE TV.
Tennessee and Arizona in running for new electric car plant
The nation’s newest electric car plant will be located in either Tennessee or Arizona. Canadian electric vehicle designer and manufacturer ElectraMeccanica named Tennessee as one of two finalists for the location of its SOLO EV United States assembly facility reported the Tennessean. The proposed plant includes an engineering technical center with facilities for electric vehicle testing and …
State issues boil order for Sardis Lake Water Authority in SE Oklahoma
The Oklahoma Department of Environmental Quality has advised the Sardis Lake Water Authority, located in Pushmataha County because of what it called “high turbidity” and “inadequate water treatment process.” The DEQ said the boil order was not related to the Coronavirus or COVID-109 pandemic and it remained continue to continue to wash hands during …
Energy stocks resume downward slide in trading
Many of the Oklahoma energy companies that saw consecutive days of increases in their stock couldn’t finish the week on Friday as shares dropped on the stock market. Alliance Resource Partners dropped 2% or 5 cents to settle at $2.78. Blueknight Energy Partners closed at $1.44, down 9 cents for a 6% slide. Chesapeake …
Completion reports for October 9, 2020
Completion reports filed on October 9, 2020. CREEK COUNTY Enterprise Energy Exploration Inc Dutcher(2750): Oil 8 Water 50 Pump 33 15N 10E Discovery 1-33, March 20, 2020 SH, OIL, TD: 3358 ft Lat: 35.72692, Long: -96.26266 API: 35037294330001 GRADY COUNTY Continental Resources Inc Woodford(12150): Oil 212 Gas 314 Water 3831 Flow 18 7N 5W Jacquez 5-18-19xhw, July 17, 2020 HH, OIL, TD: 20130 ft Lat: …
Permits to drill for October 9, 2020
Permits to drill issued on October 9, 2020. permits: none were processed today
Oil settles lower after a reported end to the strike in Norway
Oil futures ended lower on Friday after Reuters reported that oil firms in Norway reached a wage agreement with labor union officials, ending a strike that could have led to 25% reduction in the nation’s output next week. U.S. prices, however, scored a weekly gain of 9.6% with most energy production in the Gulf of Mexico shut down …
Edmond energy company sues EOG Resources over delayed oil production royalty, interest payments
An Edmond, Oklahoma energy company, Wake Energy LLC has filed a breach of contract lawsuit in Wyoming federal court against Houston’s EOG Resources. Wake Energy maintains that EOG has failed to pay royalty proceeds on time, as well as the accompanying interest from failing to meet those deadlines to those who are owed …