Texas lawmakers apparently have a fight on their hands over proposed new laws to make wind and solar farms pay for services to ensure the flow of power on the grid stays smooth and steady. Three big power companies, the biggest in the country wrote lawmakers charging that the proposed new laws would create …
Oklahoma has slowly made gains in the number of oil and gas rigs in the field as the latest Baker Hughes report shows the state with 21 operational rigs. The number is an increase of one over a week earlier and compares to 24 a year ago. Nationally, the rig count grew by 7 …
An electric-vehicle use bill awaits the signature of Oklahoma Gov. Kevin Stitt to become law in the state. House Bill 2234 was approved by the state Senate as a means of requiring EV users to pay for the use of highways and roads. It creates a three-cent tax per kilowatt hour to charge the …
Lawton will soon be home to a new wind-turbine manufacturing plant. Carter Wind Turbines based in Wichita Falls, Texas announced plans for the operation in southern Oklahoma and only a short drive from its headquarters. Lawton will be the location of a 40,000 square-foot manufacturing facility where mid-sized wind turbines will be constructed according …
** -Exxon Mobil Corp and a small activist hedge fund are waging a more than $65 million proxy fight over board seats, with the largest U.S. oil producer marshalling executives, TV appearances, social media and websites to rebut the challenge. ** Divers search for 12 missing people from a capsized oil industry boat off the shore of Louisiana. ** Exxon …
North Dakota’s oil production also fell victim to electrical power blackouts caused by the massive February winter storm. Oklahoma exploration companies with extensive operations in the state were likely victims of the rolling blackouts. The nation’s second largest oil-producing state, North Dakota churned out 1.08 million barrels of crude per day in February, down …
Bankruptcies of North American oil producers were at their highest level in the first quarter of the year since 2016. A report by the Haynes and Boone law firm showed at least eight bankruptcies were filed by oil and gas producers according to Reuters. Click here for Reuters story.
GRADY COUNTY Continental Resources Inc Mississippi Lime – Mississippian: Oil 57 Gas 2082 Water 5434 Flow 32 7N 6W Cunningham 6-32-5xhm, January 10, 2021 HH, GAS, TD: 24169 ft Lat: 35.04298, Long: -97.84982 API: 35051247730000 Continental Resources Inc Woodford: Oil 166 Gas 3577 Water 4702 Flow 32 7N 6W Cunningham 5-32-5xhw, January 09, 2021 HH, GAS, TD: 24364 ft Lat: 35.04298, Long: -97.84992 API: 35051247720000 Roan Resources …
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Did you know? According to the U.S. Energy Information Administration— In 2020, wind supplied 35% of Oklahoma’s electricity net generation, and the state ranked third in the nation in total electricity net generation from wind. Texas produces more electricity than any other state, generating almost twice as much as Florida, the second-highest electricity-producing state. Arkansas’s nuclear power plant …
