An Arkansas utility begins operation of a 4.8 MW solar farm. Central Arkansas Water put the farm into operation last week with leaders saying they hope to save consumers money. Click here for Fox 16 news
June 2022 archive
Williams moves ahead with gas line project in Louisiana
Williams announced Wednesday that it has reached a final investment decision on its clean energy project, the Louisiana Energy Gateway. The project will gather 1.8 Bcf/d of natural gas produced in the Haynesville basin for delivery to premium markets, including Transco, industrial markets and growing LNG export demand along the Gulf Coast. Williams intends …
OKC oil executive makes offer to exit Continental Resources lawsuit
Oklahoma City energy executive Robert Hefner V has made a $50,000 settlement offer to get out of a lawsuit filed by Continental Resources two years ago in a mineral rights fraud case. Click here for The Oklahoman
Other energy headlines
** US authorities prevented a ship from unloading Russian fuel in New Orleans, according to the Wall Street Journal. The ship had planned to arrive on Sunday but is still being checked out by US Customs and Border Protection. ** U.S. climate envoy John Kerry said on Tuesday Russia’s invasion of Ukraine was a warning to …
Report links West Texas oil and gas drilling to increase in earthquakes
New research by the University of Texas blames oil and gas drilling in the Permian Basin for increased earthquakes in the West Texas region. Investigators assessed 5,000 quakes between 2017 and 2020 to determine the impact of production on earthquake frequency according to The Hill. Click here for The Hill
Completion reports for June 28, 2022
BEAVER COUNTY Monterey Production Company Llc Chester Lime: Gas 150 Flow 2 3N 24E Fickel D 4-2, May 09, 2022 SH, GAS, TD: 8000 ft Lat: 36.75409, Long: -100.43646 API: 35007250550001 CANADIAN COUNTY Camino Natural Resources Llc 29 12N 7W Cattlemans 1207 32-5-2wxh, May 31, 2022 DH, PLUG, TD: 6749 ft Lat: 35.48070, Long: -97.96017 API: 35017257810000 CARTER COUNTY Citation Oil …
Permits to drill for June 28, 2022
Alfalfa County KENT A #1-30, June 27 2022 30 29N 12W CSESWNE API: 00323413 Lat: 36.96485550591175, Long: -98.53256505853507 TRANS PACIFIC OIL CORPORATION SH, DR, 5500 ft, TONKAWA(4200), LANSING-KANSAS CITY(4350), OSWEGO 404OSWG 4600 8 VIOLA(5340), CHEROKEE GROUP(4700), MISSISSIPPIAN(4870), MISENER(5270), SYLVAN DOLO(5290) Grady County TODD #1H-27-34, April 20 2021 26 10N 5W NWSESWNW API: 05124819 Lat: 35.31359757837604, Long: -97.70325264364679 …
OGE’s rate hike hearing to enter third day before a regulatory judge
A hearing into the $163.5 million rate hike request that Oklahoma Gas and Electric has agreed to lower to $45 million involved a second full day of testimony pro and con before an Oklahoma Corporation Commission judge. Administrative Law Judge Linda Foreman heard from a long string of witnesses presented not only by OG&E …
Crude oil and OK energy stocks made more gains on Tuesday
Crude oil prices rose higher for a third straight trading day on Tuesday, this after Saudi Arabia and the United Arab Emirates were unable to boost output significantly and western governments agreed to consider a cap on the price of Russian oil. The day also produced continued gains for Oklahoma energy stocks. West Texas Intermediate …
Hamm encounters shareholder opposition in private takeover effort at Continental Resources
An investor with about a 2% stake in Continental Resources came out this week with a blunt criticism of Harold Hamm’s effort to buy out the remaining shares of the company he founded. Bill Smead, owner of Smead Capital, the largest Continental shareholder after Hamm and his family, told CNBC that Hamm is trying …