Didn’t take long for a lawsuit to be filed over a massive wildfire that destroyed more than 200 homes in Ruidoso, New Mexico last month. The suit filed by three property owners blames the fire on the Public Service Company of New Mexico, accusing the utility of failing to do a good job of …
May 2022 archive
Large battery storage system dedicated in north Texas
The largest battery storage system in the state of Texas has gone online this week in north Texas. Vistra Corp announced Monday the storage facility is officially online and has the ability to instantly release energy to the power grid reported NBC 5 Dallas-Fort Worth. Click here for NBC 5
Bakken reaches maturity according to new report
A new report suggests the Bakken formation in North Dakota, a favorite of Oklahoma-based Continental Resources, has reached maturity and increased oil production is not likely. The Dickinson Press reported it’s the finding of the 2021 North Dakota Energy report by EnergyND, Great Plains Energy Corridor and Bismarck State College’s North Dakota Polytechnic Institution. …
200-well drilling project by Occidental in Colorado
Occidental Petroleum has unveiled plans for an aggressive drilling project in northern Colorado where it intends to drill more than 200 wells on a single Weld County ranch. As the largest oil producer in Colorado, the Houston-based company revealed plans to gather oil and gas from a 39-square mile area of Weld County reported …
Permits to drill for May 23, 2022
Blaine County HOSKINS #1-4MH, May 23 2022 04 19N 12W SESWSESE API: 01124321 Lat: 36.14464007729857, Long: -98.48022165135947 CRAWLEY PETROLEUM CORPORATION HH, DR, 13250 ft, MISSISSIPPIAN(8500) Garvin County PRAIRIE #0404 33-28 2WXH, May 23 2022 33 4N 4W NESWSWNW API: 04925363 Lat: 34.776640999009395, Long: -97.63201968970682 CPRP SERVICES LLC MU, DR, 19200 ft, WOODFORD(12607) Kay County EVA STATE #1-33 …
Completion reports for May 23, 2022
CARTER COUNTY Continental Resources Inc 14 1S 3W M Lucas A-3, May 07, 2021 null, DISP, TD: 5450 ft Lat: 34.47215, Long: -97.48475 API: 35019228770003 COAL COUNTY Pablo Energy Ii Llc Woodford(7008): Oil 20 Gas 2617 Water 407 Flow 12 1N 9E Don 2h-13, March 05, 2022 HH, GAS, TD: 11906 ft Lat: 34.56533, Long: -96.30443 API: 35029214090000 CRAIG COUNTY Neok Production Company …
Strong start for Oklahoma energy stocks while crude oil prices barely changed
The world’s events had little change on U.S. crude oil price in Monday’s trading while Brent crude settled above prices in the U.S. But Oklahoma energy stocks started the week out in a strong fashion. Apparent worries over a possible recession in the states were among one of the issues at hand along with the …
Increased Memorial Day traffic predicted by AAA
AAA is projecting that more than 594,000 Oklahomans will travel a distance of 50 miles or more over the Memorial Day weekend. As usual, the large majority will be driving to their destinations. However, air travel and other modes of travel transportation (trains, cruises and buses) are up significantly compared to last year. AAA’s forecast …
Lawmaker accuses ABQ gas station of price gouging
While Democrats in Congress are taking their gasoline price-gouging accusations against the oil and gas industry to include a proposed bill, a New Mexico legislator reached a new level. He accused an Albuquerque gas station of price gouging with its nearly $7 a gallon price according to the Albuquerque Journal. Click here for Albuquerque …
Annual shareholders meeting of OGE Energy Corp.
Shareholders of OGE Energy Corp. held their annual meeting last week, electing 9 members to the board of directors and approving the company’s 2022 Stock Incentive Plan. The Stock Incentive Plan permits a committee of the Board to grant incentive awards in the form of non-qualified stock options, incentive stock options, restricted stock, …