Oklahoma City’s lawsuit challenging the Corporation Commission’s approval to let utilities decide if they’ll collect franchise fees as part of billions of dollars in securitization bonds has been formally accepted by the Oklahoma Supreme Court. Chief Justice Richard Darby signed an order accepting the lawsuit that was filed earlier in the month. However, no …
September 28, 2022 archive
Lucas and other House members want something done about space junk
Oklahoma Congressman Frank Lucas says it’s time to do something about regulating orbital space debris. Lucas is the ranking Member of the House Subcommittee on Space and Aeronautics and joined a bi-partisan effort to urge the Federal Communications Commission to come up with new such regulations. Joining him in sending a letter to FCC …
OGE dividend declared
A fourth quarter dividend has been declared by OGE Energy Corp. The company’s Board of Directors announced the dividend was $0.4141 per common share of stock. It will be paid on Oct. 28, 2022 to shareholders of record on Oct. 11, 2022.
Four Ovintiv wells produced 5,500 barrels of oil a day in Kingfisher County
Wait a minute! Ovintiv didn’t have just three wells on a single pad totaling combined production of nearly 4,000 barrels of oil a day in Oklahoma’s Kingfisher County. It was really 4 wells and 5,500 barrels of oil a day in production. A day after filing three completion reports on the wells, the company …
Headlines of other energy stories
** Democrats dropped Sen. Joe Manchin’s proposed energy plan from a must-pass government funding bill on Tuesday after it became clear it lacked the necessary bipartisan support to advance in the Senate. ** Senate Majority Leader Chuck Schumer says he’ll work with Manchin to pass “responsible permitting reform” by the end of the year. ** After decades …
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