The board of directors of ONEOK, Inc. declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share. The dividend is payable Nov. 15, 2021, to shareholders of record at the close of business Nov. 1, 2021. ONEOK, Inc. is a leading midstream service provider and …
October 2021 archive
Oil and gas mergers slowed by Biden administration
The Biden administration is putting the slow-down on several mergers of oil and gas companies as it continues its moves against the industry. Reuters reports that antitrust regulators extended the approval process for at least five oil and gas mergers and acquisitions over the past three months. Among the proposed transactions that received second …
Completion reports for October 20, 2021
CARTER COUNTY Kodiak Oil & Gas Inc Deese(3164): Oil 12 Water 110 Pump 27 4S 2W Allen 624, July 16, 2021 SH, OIL, TD: 5000 ft Lat: 34.18660, Long: -97.39881 API: 35019263700001 Kodiak Oil & Gas Inc Deese(3272): Oil 25 Gas 5 Water 95 Pump 27 4S 2W Allen 623, June 26, 2021 SH, OIL, TD: 4236 ft Lat: 34.18502, Long: -97.39735 API: 35019263680001 Kodiak Oil …
Permits to drill for October 20, 2021
Canadian County MULLEN 32-15N-9W #3H, October 20 2021 05 14N 9W NWNWNWNE API: 01725720 Lat: 35.724432645647234, Long: -98.17964733388354 DEVON ENERGY PRODUCTION CO LP HH, DR, 15887 ft, MISSISSIPPI SOLID(10318) Canadian County MULLEN 32-15N-9W #2H, October 20 2021 05 14N 9W NWNWNWNE API: 01725719 Lat: 35.72451505841362, Long: -98.17964734206511 DEVON ENERGY PRODUCTION CO LP HH, DR, 15952 ft, MISSISSIPPI …
Cushing oil hub continues to see drop in crude storage
The nation’s crude oil in storage dropped again in the past week as did the amount of crude at the Cushing hub in northern Oklahoma. The U.S. Energy Information Administration said the total US commercial crude oil inventories fell by 0.4 million barrels from the previous week. The Cushing hub had a reported 31.2 …
US crude pushes $84 a barrel
With a drop of 431,000 barrels in storage in the past week in the US, crude prices rallied Wednesday with West Texas Intermediate settling close to $84 while overseas prices finished at nearly $86 a barrel. West Texas Intermediate crude for November delivery closed up 1.1% or 91 cents at $83.87 a barrel on …
DEQ offers funds to replace aging school bus diesel engines
More than $734,000 in funding is now available from the Oklahoma Department of Environmental Quality through its program to replacing older diesel school buses with engines. The Oklahoma Clean Diesel Program/DERA makes money available to install new diesel, gasoline, all-electric, propane or natural gas school buses. The Clean Diesel/DERA program is offering $734,342 …
Cushing hub to see more Canadian crude?
The amount of crude oil carried by rail in the U.S. could drop following the flow of crude oil through the Enbridge Inc. Line 3 replacement pipeline, reported the U.S. Energy Information Administration. It will also increase the flow of oil to the Cushing oil hub in northern Oklahoma as the start of the …
Nation’s wind farm CEOs are well paid
A new report indicates the executive leaders of some of the nation’s renewable energy companies are some very high paid CEOs while at the same time, OGE employees are doing nicely. The report by S&P Global Market Intelligence found NextEra Energy Inc., the Florida-based energy company with several wind farms operating in Oklahoma had …
Grassley hopes to save Iowa wind blade plant
Iowa’s U.S. Sen Chuck Grassley has stepped in to see if he can convince President Biden to help an Iowa wind turbine blade maker that is closing its plant in December and eliminating more than 700 jobs. Grassley said he will hope to convince Biden to consider having TPI Composites in Newton, Iowa manufacture …