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 …
July 2021 archive
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 …
Completion reports for July 21, 2021
completions: none were processed today
Permits to drill for July 21, 2021
permits: none were processed today
Democrats’ infrastructure bill fails procedural vote in Senate
With Oklahoma U.S. Sens. Jim Inhofe and James Lankford joining 47 other Republicans Wednesday, a key procedural vote on the $1.2 trillion infrastructure plan pushed by Democrats failed to pass. It was a united effort by Republicans as they lined up against it, preferring to finish negotiations on the bill rather than voting for …
Crude oil prices rebound with 4% climb
After slipping below $70 a barrel, crude oil prices on Wednesday saw a nearly 5% bounce back in the US and more than 4% overseas, even with the US EIA reporting an unexpected increase in US oil inventories. West Texas Intermediate crude rose 4.6% or $3.10 a barrel to finish the day at $70.30. …
