On the same day of the company’s annual shareholders meeting, Williams announced an increased dividend for the second quarter. The company’s board of directors approved a regular dividend of $0.425 per share or $1.70 annualized on the firm’s common stock. It will be payable on June 27 of this year to holders of record …
April 2022 archive
Oklahoma jumps into race for Panasonic battery plant with signing of $700 million incentives bill
Oklahoma Gov. Kevin Stitt put his name on Monday to a bill to spend up to $700 million on incentives to attract what is believed to be a prospective $4 billion Panasonic battery production plant to the state. Oklahoma and Kansas are reported to be the two finalists in contention for the plant that …
Volume six of Sen. Lankford’s Federal Fumbles
Senator James Lankford (R-OK) announced the sixth volume of his federal waste book, Federal Fumbles: Ways the government dropped the ball. It includes how the government is mishandling sales of oil from the Strategic Petroleum Reserve and how electric vehicles are not paying their fair share to use our highways. The report highlights waste and …
Headlines of other energy stories
** The Biden administration on Monday overturned a controversial Trump-era policy that would have opened new swathes of Arctic Alaska to oil development. The Bureau of Land Management (BLM), part of the Department of Interior, resurrected Obama-era management policies in the National Petroleum Reserve in Alaska, a 23-million-acre (9.3 million hectare) area on the western side of …
Completion reports for April 25, 2022
CANADIAN COUNTY Travis Peak Resources Llc Mississippi: Gas 3822 Water 125 Flow 31 12N 8W Sand Pebbles 30-12n-8w 1mh, December 07, 2019 HH, GAS, TD: 16954 ft Lat: 35.47804, Long: -98.09524 API: 35017254960001 MCCLAIN COUNTY Bricktown Energy Llc Woodford(9592): Oil 426 Gas 459 Water 1051 Pump 2 7N 4W Joker 1-11h, February 01, 2022 HH, OIL, TD: 15271 ft Lat: 35.10287, Long: -97.59489 API: 35087221870000
Permits to drill for April 25, 2022
Canadian County FRANK 1406 #4H-15X, April 14 2022 27 14N 6W SWNWNWNE API: 01725802 Lat: 35.666318115962866, Long: -97.82418990166748 OVINTIV USA INC MU, AM, 19263 ft, MISSISSIPPIAN(7954), WOODFORD(8349) Canadian County FRANK 1406 #2H-15X, April 13 2022 27 14N 6W SWNWNWNE API: 01725800 Lat: 35.66631812262599, Long: -97.82408890964686 OVINTIV USA INC MU, AM, 18913 ft, MISSISSIPPIAN(7919), WOODFORD(8326) Canadian County FRANK …
Crude drops below $100 in US on China’s COVID lockdowns
Crude oil prices took a 4% drop on Monday and fell below $100 a barrel in U.S. trading, all because of growing worries about the global energy demand outlook because of growing COVID-19 lockdowns in Shanghai, not to mention potential increases in U.S. interest rates. West Texas Intermediate crude for June delivery fell $3.53 to …
Tar Creek cited as a “most endangered river” in US
For a second straight year, a national conservation organization has named Tar Creek in northeast Oklahoma a place on its “America’s Most Endangered Rivers of 2022.” Tar Creek is an 11-mile stream polluted with heavy metals form historic lead and zinc mining and is the site of a notorious superfund site. Click here for …
Oklahoma Reps busy with energy hearings this week on Capitol Hill
As Congress returns to work this week following the Easter break, those Senators and Representatives from Oklahoma will be busy with some hearings at which top Biden administration officials will testify. Congressman Markwayne Mullin and other members of the House Energy and Commerce Committee will hear Thursday from Energy Secretary Jennifer Granholm. She is …
NextEra frustrated with Commerce review of solar panel suppliers
Discontent with the Biden administration’s review of tariffs on solar panels made in Asian countries is growing and the leader of NextEra Energy, the company with major wind farms in Oklahoma, is not afraid to voice his displeasure. “How can you possibly pull the rug out from under the industry?” asked John Ketchum, CEO …