A large biodiesel plant being planned by the partnership of Oklahoma City-based Love’s Family of Companies with Cargill is about to see actual construction in the coming month. Dirt work is still underway on the Heartwell Renewables, a planned 80-million gallon biodiesel plant near Hastings, Nebraska reported the Kilgore News Herald. Loves and …
October 2022 archive
Cole warns of higher winter costs and blames Biden and Democrats
In a weekly column to his constituents, Oklahoma Republican Rep. Tom Cole joined the chorus of those warning of a ‘long cold winter’ ahead with increased gas prices and also blamed President Biden for his war on “American energy.” Rep. Cole said Americans are facing record-high prices at the pump and might have to …
Iowa wind turbine caught fire early Monday morning
A burning wind turbine lit up the the night sky over eastern Iowa this week. Firefighters were called to the scene early Monday morning to near Williamsburg, a town about 35 miles southwest of Cedar Rapids, reported the Kansas City Star. An investigation is underway not only by firefighters but also MidAmerican Energy. Click …
Gas prices hover at zero in Permian Basin
Oil producers of the Permian Basin of West Texas are hoping the falling natural gas prices in the region don’t lead to a repeat of what happened a few years ago when they were forced to pay someone to take natural gas off their hands. Those worried producers include several Oklahoma firms that have …
Ovintiv to explore Kingfisher County for more wells
Ovintiv is far from being finished with its oil and gas exploration in Oklahoma’s STACK play. The company received permits to drill this week from state regulators for more wells in Kingfisher County, a county where efforts have paid off handsomely. The Denver-based company has plans for a three-well project on a single pad …
More energy headlines
** South Carolina U.S. Sen. Lindsey Graham pledges to hold a hearing on electric vehicle batteries and sourcing issues if Republicans win control of the U.S. Senate in next month’s midterms. ** The U.S. military said Monday it’s ready to begin draining 1 million gallons (3.79 million liters) of fuel from three pipelines as part of an initial step …
Permits to drill for October 24, 2022
Canadian County BAKER 1107 #2SMH-4, September 02 2022 33 12N 7W SESESWSE API: 01725845 Lat: 35.46495757225433, Long: -97.94239974104475 CANVAS ENERGY LLC HH, AM, 16000 ft, MISSISSIPPI LIME(10116) Kingfisher County PSN&R 1508 #3H-18X, October 24 2022 19 15N 8W NENWSWSE API: 07326942 Lat: 35.75799066404973, Long: -98.0911543181911 OVINTIV USA INC MU, DR, 20163 ft, MISSISSIPPIAN(9408) Kingfisher County PSN&R 1508 …
Completion reports for October 24, 2022
BLAINE COUNTY Kingfisher Disposal Services Llc 34 16N 11W Pierce 1-34, April 30, 2022 HH, COMM, TD: 15815 ft Lat: 35.81285, Long: -98.35066 API: 35011234160001 CARTER COUNTY Citation Oil & Gas Corporation 22 2S 2W Southeast Tatums Unit 1-16, September 03, 2022 null, OIL, TD: 1200 ft Lat: 34.37022, Long: -97.39965 API: 35019043530003 KINGFISHER COUNTY Bce-mach Iii Llc Oswego(6738): Oil …
Crude oil trading proved feeble on Monday along with OK energy stocks
Monday’s trading saw crude oil prices slipping less than 50 cents a barrel as China’s demand for crude in September was weak and puny U.S. business activity limited the fall in prices. Oklahoma energy stocks were also hazy as some stocks saw a 7% gain while others dropped 4-5%. West Texas Intermediate crude for …
Gasoline prices continue their fall in Oklahoma
Gasoline prices fell nine cents in the past week in Oklahoma, the same amount that the national average dropped, reaching a national average of $3.79 and an average $3.41 in Oklahoma. Prices have fallen daily since early October, mostly because of lower oil prices and a declining lack of demand by drivers. Oklahoma’s $3.41 …
