February 10, 2022 archive

Permits to drill for February 10, 2022

o:Jerry Bohnen Thu, Feb 10 at 7:07 PM Caddo County SERGEANT MAJOR 18-19-30-9-10 ##1HXL, February 10 2022 18 9N 10W NENWNESW API: 01523325 Lat: 35.2538932468201, Long: -98.30035737885417 LYNX OKLAHOMA OPERATING LLC MU, DR, 20000 ft, MARCHAND(8680) Kingfisher County MUEGGENBORG 1708 #3H-25X, February 09 2022 01 16N 8W SWNWNWNE API: 07326828 Lat: 35.89721315030129, Long: -98.00259988019974 OVINTIV USA INC …

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Completion reports for February 10, 2022

CADDO COUNTY Territory Resources Llc Dornick Hills Up(8180): Oil 12 Gas 3135 Water 2 Flow 26 6N 10W Trogden 1-26, December 14, 2021 DH, GAS, TD: 15570 ft Lat: 34.95799, Long: -98.23102 API: 35015229550004 GRADY COUNTY Camino Natural Resources Llc All Zones Producing: Oil 576 Gas 5471 Water 2479 Flow 13 10N 8W Mickey Mantle 1008 13-12-1wxh, November 30, 2021 HH, OIL, TD: 21678 ft Lat: …

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Regulators defend their approval of CenterPoint Energy’s securitization

  The two Oklahoma Corporation Commissioners who approved millions of dollars in winter storm cost financing for CenterPoint Energy on Thursday defended their move saying the utility “did not make a profit on the fuel costs to be recovered.” Commission chairwoman Dana Murphy and Commissioner Todd Hiett who supported the finance order went to the …

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Crude makes 2nd day of rebound while OK energy stocks were mixed

  Thursday produced a second straight day of gains for crude oil prices in the states but not overseas. It left some Oklahoma energy stocks with modest gains while others recorded losses. West Texas Intermediate crude for March delivery went up 22 cents to finish at $89.88 a barrel on the New York Mercantile Exchange. …

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Oklahoma’s Granite Wash sees increased rig activity

  A weekly U.S. rig count provided by Enverus Rig Analytics showed the Granite Wash in Oklahoma and the Texas Panhandle hasn’t been this active since 2019. Drilling down to the play level, multiple under-the-radar areas have seen notable increases as the rig count has climbed. The Granite Wash hasn’t been this active since 3Q19, …

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Bond authority wants constitutional challenges consolidated

  The Oklahoma Development Finance Authority responded this week to a lawsuit challenging the constitutionality of using a 2021 legislative act to help utilities spread out their 2021 winter storm costs to consumers over the coming years. In a filing with the Oklahoma Supreme Court in the case brought by former State Rep. Mike Reynolds, …

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Regulators approve higher storm costs for PSO and CenterPoint Energy customers

  In less than 10 minutes, Oklahoma Corporation Commissioners on Thursday approved the requests of two more utilities to use a special financing order to spread  $800 million in 2021 winter storm costs out over an extended period of time and increase monthly costs to consumers for years to come. No discussions were held on …

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Layoffs hit renewable energy company in Kansas and Iowa

  An estimated 190 workers at Siemens Gamesa operations in Kansas and Iowa are losing their jobs and the company had already hinted that it was being harmed by supply-chain disruptions. Siemens Gamesa builds wind turbines and carries out related services from operations in Hutchinson, Kansas and Fort Madison, Iowa. Earlier in February, the company …

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New solar startup coming to Oklahoma

  Oklahoma is one of at least six states where a new solar startup company based in Florida plans to begin its operations. GTFPower has started operations out of DeBary,Florida and the firm plans to sell and install products for solar roofing, battery backup storage and electric vehicle accessories. Its initial targets will be Oklahoma, …

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Increased adjusted earnings and cut in losses reported by NGL

  Tulsa’s NGL Energy Partners LP managed to cut its quarterly losses and increase its adjusted earnings for the third quarter Fiscal 2022. The company announced Thursday its losses were slashed from more than $380 million a year ago to $19 million this year. The firm said it was primarily a result of a $383.6 …

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