Oklahoma Corporation Commissioners spent time this week hearing from utility leaders discuss their plans to make sure they have adequate natural gas supplies in the approaching winter. Regulators and utilities don’t want to face another cold hard winter and challenging gas supply issues like the state experienced in February. Click here for more from Stillwater …
September 2021 archive
Wind farm moratorium adopted by County Commissioners at Hutchinson, Kansas
Reno County Commissioners in Hutchinson, Kansas stunned wind farm advocates and opponents by adopting a moratorium on the development of commercial wind farms through the end of the year. The move was made as a lawsuit filed last year by NextEra Energy against the county is pending in the Kansas Court of Appeals. The …
Energy news in brief
** Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore pipeline, gas and chemical plants. ** In 14 years’ time, no fossil fuel-powered vehicles will be sold in New York anymore. The state has passed a new law …
CN Rail ends takeover war with K.C. Southern
The bidding battle by Canadian National Railway Co. in the takeover of Kansas City Southern ended this week when CNR declined to increase its offer, giving way to Canadian Pacific Railway Ltd. The deal will create the first railroad to span the U.S., Canada and Mexico. Kansas City Southern lines extend through Oklahoma. …
Completion reports for September 14, 2021
CARTER COUNTY Scout Energy Management Llc 34 1S 3W Walter Neustadt 20, August 08, 2019 SH, OIL, TD: 3740 ft Lat: 34.42608, Long: -97.49991 API: 35019037480000 LINCOLN COUNTY Prairie Gas Company Of Oklahoma Llc Prue: Oil 24 Gas 135 Water 913 Pump 30 14N 5E Pandora 1-25h, August 03, 2021 HH, OIL, TD: 7162 ft Lat: 35.65234, Long: -96.82158 API: 35081241990001 OKLAHOMA COUNTY …
Permits to drill for September 14, 2021
Beckham County BLEVINS 16X9-11-26 #1HC, September 14 2021 21 11N 26W SENWNENE API: 00921998 Lat: 35.42079251584549, Long: -99.9492537420312 UNBRIDLED RESOURCES LLC MU, DR, 22009 ft, GRANITE WASH UP (MO)(10720) Blaine County SIMMONS #5-1-12XHM, September 14 2021 01 14N 13W NENENWNW API: 01124277 Lat: 35.724319971740734, Long: -98.54008296086059 CONTINENTAL RESOURCES INC MU, DR, 22135 ft, MISS’AN LM(12281) Dewey County …
Crude oil prices held their own with the arrival of Nicholas in Texas
Crude oil prices managed a slight improvement on Tuesday as Nicholas, the short-lived hurricane that quickly turned into a rain-bearing tropical storm over Texas and Louisiana hit the Gulf states. Damages to the U.S. energy infrastructure weren’t as extensive as those reported from Hurricane Ida earlier in September. U.S. West Texas Intermediate crude for …
Colonial pipeline closes again—this time over Hurricane Nicholas
The nation’s largest pipeline was closed Tuesday because of extensive power outages in South Texas caused by the arrival of Hurricane Nicholas. Colonial shut down operations as a pre-emptive move, closing its main gasoline and distillate fuel lines reported Hart Energy. Click here for Hart Energy report.
Supreme Court rules against former legislator in lawsuit against Todd Hiett
The Oklahoma Supreme Court ruled this week that former Oklahoma City Rep. Mike Reynolds lacked legal standing to file suit accusing Oklahoma Corporation Commissioner Todd Hiett of violating the state constitution because he sits on a bank’s board of directors. “Action dismissed for want of standing,” stated the ruling. The court also denied Hiett’s …
New lender for PHX Minerals in OKC
Oklahoma City-based PHX Minerals Inc. recently announced the closing of a new four-year $100 million senior secured credit facility. The new facility, led by Independent Bank including MidFirst Bank replaces the company’s previous credit agreement which was with a lending syndicate led by Bank of Oklahoma. The new facility included an initial borrowing base …
