In keeping with a Corporation Commission order to recover nearly $750 million in costs from the February 2021 winter storm, Oklahoma Gas and Electric plans a stakeholder meeting this week before the Commission. As part of the Joint Stipulation and Settlement Agreement which won approval from the state regulators in December 2021, it was …
May 2022 archive
Blizzard’s after effects in North Dakota still being felt
The April blizzard that slammed western North Dakota and oil and gas production companies in the Bakken, one of them being Continental Resources of Oklahoma, is still getting a lot of attention. When Continental President and CEO Bill Berry and the company’s Chief Operating Officer Doug Lawler discussed it at the firm’s most recent …
Other energy headlines
** President Biden announces Hyundai will spend $5.5 billion to build its first electric vehicle manufacturing plant in the U.S. near Savannah, Georgia. ** The U.S. Energy Department seeks an unprecedented expansion of high-voltage electricity lines to carry clean power by prioritizing shovel-ready projects and seeking state support for interregional connections. ** A Spanish energy company begins construction of a 300 MW …
4Q earnings report to be released by NGL Energy Partners
NGL Energy Partners LP in Tulsa plans to issue its fiscal fourth quarter and year-end report in two weeks. The company will release the earnings report on Monday, June 6 following the close of market. An earnings call will be held at 4 p.m. on the same day where the company’s management team will …
Judge stops gas well drilling project in western Colorado
A federal judge has blocked a plan to drill 35 fracked gas wells across 30,000 of federal Forest Service Land near Gunnison, Colorado. It’s a victory for environmental groups who sued the government and accused it of failing to take climate change into account in approving the new drilling reported The Colorado Sun. Click …
Another EPA Biden nominee to face Inhofe and others this week
Another Biden administration nominee will go before Oklahoma U.S. Sen. Jim Inhofe and others this week who sit on a Senate committee. Joe Goffman, Biden’s selection to lead the Office of Air and Radiation at the Environmental Protection Agency will appear Wednesday during his confirmation hearing to be held by the Senate Environment and …
Postcards of protest against OGE rate hike
The AARP is doing more than speaking out against OG&E’s push for a $164 million rate hike—it’s putting a protest plan into action with a personal delivery of thousands of postcards from customers opposed to it as well. AARP leadership and volunteers plan to hand-carry about 7,000 postcards from the utility’s customers to Oklahoma …
Large solar farm to be built in northeast Missouri
A $300 million solar farm will be built in northeast Missouri—the state’s largest such solar operation. The project will take up 1,400 acres when it’s completed reported KTVO news. Click here for KTVO news
Siemens hit by lack of wind turbine orders—shutting down plants in Kansas and Iowa
Wind farm manufacturing plants run by Siemens will be closed temporarily in Hutchinson, Kansas and Iowa while the company waits for new wind turbine orders. The Siemens Gamesa plants will shut down for the summer reported the Hutchinson News. The first closing will be at the blade manufacturing plant in Fort Madison, Iowa while …
Drilling record set by ConocoPhillips rig in Alaska
ConocoPhillips says a monstrous drilling rig it employed in Alaska’s western North Slope oil fields recently not only set a long-distance horizontal drilling record but unlocked oil from a new section. The company said the reservoir is expected to produce up to 20,000 barrels of oil a day, thanks in large part to the …