Oklahoma Corporation Commissioners were among those attending this week’s summer Policy Summit of the National Association of Regulatory Utility Commissioners. The summit concluded Wednesday in Denver where regulators from across the nation gathered to discuss common issues. On Monday, the general session focused on Riding Above the Commercialization Valley of Death–Black Sky: Are We …
July 22, 2021 archive
New Mexico seeking project ideas to restore resources harmed by 2015 Gold King Mine disaster
After receiving a $1 million settlement with the defendants over the disastrous 2015 Gold King Mine release that began in southern Colorado, the state of New Mexico wants public ideas for restoration projects. Contaminated mine water flooded the Animas and San Juan Rivers and led to pollution in New Mexico. The defendants were Sunnyside …
Dividend declared by ONEOK
ONEOK’s board of directors declared a quarterly dividend this week of 93.5 cents a share. The dividend is unchanged from the previous quarter. The company’s announcement explained it would amount to an annualized dividend of $3.74 per share. The dividend will be payable Aug. 16, 2021 to shareholders of record at the close of …
Criminal probe creates problem for Public Service Company of New Mexico merger
A proposed merger between Public Service Company of New Mexico and Avangrid hits another hurdle as regulators look into a criminal investigation of Avangrid’s Spanish parent company. Utility Dive reported the New Mexico hearing examiner overseeing the merger wants more information on a criminal probe of Avangrid’s parent company Iberdrola in Spain. Click here for …
Oil production in North Dakota is flat and here’s why—
North Dakota might be considered the second most prolific producer of crude oil in the U.S. but its production is flat thanks to a shortage of workers caused by the coronavirus pandemic in 2020. The state is also home to extensive drilling operations by Oklahoma’s Continental Resources Inc. but reports indicate drillers are faced …
Solar farm projects part of a larger cooperative agreement for electric needs in Kansas
A dozen rural electric cooperatives in Kansas and the surrounding region have partnered to enter into contracts for nearly 22 MW of solar power in the state. The project is part of a larger cooperation between the 12 electric coops and an Arkansas company named Today’s Power, Inc. The cooperatives are acting as one …
Energy news in brief
** The United States and Germany are expected to announce in coming days a deal resolving their long-standing dispute over Russia’s $11 billion Nord Stream 2 natural gas pipeline, sources familiar with the matter said on Monday. ** Record U.S. Coal Shipment to China Highlights Australia’s Pain. On June 28, the Frontier Unity bulk vessel left the port …
The people of Oklahoma Oil and Natural Gas sponsor STEM camps
The people of Oklahoma Oil & Natural Gas are sponsoring science, technology, engineering and math (STEM) camps for more than 300 students. Led by the Oklahoma Energy Resources Board (OERB) and Engage Learning, a student-driven STEM program, 26 Oklahoma classes are getting access to immersive engineering and design camps. The STEM Maker Camps are …
Anadarko Basin drilling rebounds–Devon active in the Permian
The number of rigs running in the U.S. increased by 24 in the last week to 562, as of July 21, according to Enverus Rig Analytics. The firm also stated that drilling has rebounded in the Anadarko Basin with an 8-rig increase to 48 while Oklahoma-based Devon Energy is one of the most active …
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