December 2021 archive

Customers give high marks to PSO in J-D Power Survey

  Public Service Company of Oklahoma received its best-ever scores on the 2021 J.D. Power Electric Utility Residential Customer Satisfaction SurveySM. Overall, PSO customer satisfaction rose by 10 points in a period when the average score for most utilities dropped by three points. The survey results mark the second consecutive year PSO has topped all previous …

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Embezzling sinner awaits sentencing

  An accountant who embezzled $830,000 from a Norman oil and gas exploration company reportedly wanted to use some of the money to create a church for the “Perpetual Sinner.” But Ronald David Kirkpatrick II, 51 also used some of the money he stole from West Star Operating Co. to make car purchases and fund …

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Texas energy firms indicted over California oil spill

  California prosecutors say Houston-based Amplify Energy Corp. and two subsidiaries have been indicted for a crude oil spill and left Southern California waters and beaches polluted in October. The indictments alledge the spill was caused because workers failed to properly act when alarms repeatedly alerted them to a pipeline rupture. Click here for ABC News.

Oklahoma in federal coal fight

  Oklahoma is resisting efforts by the Biden administration to surrender its authority over coal mine clean up efforts to the federal government or Indian tribes. This week, the government filed a request with a federal court stating that Oklahoma should turn over cleanup oversight because tribal lands are overseen by the tribes or federal …

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Cushing makes slow recovery in crude oil storage

  The Cushing hub continues to see a slight weekly gain in the amount of crude oil in storage. With a working storage of about 76 million barrels across at least 15 terminals, Cushing’s latest amount on hand was 32.2 million barrels as of Dec. 10, 2021 reported the U.S. Energy Information Administration, That’s an …

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Canoo to ramp up production with Oklahoma and Arkansas plants

  Electric vehicle startup Canoo Inc, the Arkansas-based company building a car-manufacturing plant in northeast Oklahoma said this week it was accelerating its production plans in the United States while ending its deal for VDL Nedcar in Netherlands to serve as its contract manufacturer in Europe. Canoo said starting production at its plant near Pryor …

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Hamm Institute for American Energy at Oklahoma State University is $50 Million Reality

Oklahoma City-based Continental Resources, Inc. and the Harold Hamm Foundation and Continental Resources are jointly contributing $50 million to create the Hamm Institute for American Energy at Oklahoma State University, according to a press release issued on Wednesday. The Hamm Institute will be the primary and permanent occupant in the Oklahoma City Innovation District at …

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Completion reports for December 15, 2021

CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10550): Oil 651 Gas 11303 Water 1569 Flow Mississippi: Oil 651 Gas 11303 Water 1569 Flow 16 12N 8W Broken Bow 1208 16-21-1mxh, August 18, 2021 HH, GAS, TD: 19609 ft Lat: 35.52180, Long: -98.05864 API: 35017256730000 ELLIS COUNTY Mewbourne Oil Company Cherokee(9887): Oil 420 Gas 830 Water 1375 Flow 22 18N 24W Gross 22/27 Bo 1h, August 13, 2021 HH, OIL, TD: 19970 …

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Permits to drill for December 15, 2021

Canadian County HUNTER 1206 #3LMH-18, December 15 2021 18 12N 6W SESESESW API: 01725742 Lat: 35.50862246840793, Long: -97.875914096374 CHAPARRAL ENERGY LLC HH, DR, 14500 ft, MISSISSIPPIAN(8886) Dewey County EVANS #18-7-1H, December 14 2021 18 18N 14W NWNENWNE API: 04323737 Lat: 36.04297320520418, Long: -98.73160673267809 COMANCHE EXPLORATION CO LLC HH, DR, 15479 ft, MISSISSIPPIAN(9349) Grady County SCR #5-31X6H, December …

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Federal Reserve action results in crude oil price gains

  A turnaround for crude oil futures on Wednesday came after action by the Federal Reserve in an attempt to solve the nation’s growing inflation rate. Oklahoma energy stocks also saw gains for the day. As U.S. benchmark stock indexes rose following the Reserve’s decision to speed up tapering of asset purchases and increase the …

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