December 2022 archive

Lawsuit filed over frack chemicals in SE Oklahoma

  A lawsuit is underway in southeast Oklahoma where a Louisiana-based company stands accused of disposing of toxic fracking liquids into the earth, contaminating a man’s crops and creating a health risk to his children. OMNI Environmental Solutions and one of it brands—A&A Tank truck Co. based in Norman were sued in Latimer County District …

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Headlines of more stories

** Vandalism at four power substations in the western US state of Washington over the weekend added to concerns of a possible nationwide campaign by right-wing extremists to stir fears and spark civil conflict. ** Wholesale power prices surged more than 6,000% in parts of the country during the worst of the recent brutal cold …

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Renewables can’t provide enough power for Kansas

  Legislators in Oklahoma made the same argument last year when a February winter storm paralyzed the Midwest, leaving many states dealing with rolling electrical blackouts. The Wichita Eagle reports that some experts now agree—-wind power isn’t a stand-alone energy provider for the state of Kansas. Click here for Wichita Eagle

Texas land owner in oil country sues its own investors

  Shale oil powerhouse Texas Pacific Land Corp filed suit against some of its own investors after a 4,000% stock surge. The company is one of the biggest landowners in the state’s oil country and doubled returns to investors this year. That didn’t stop the firm from suing some of the investors in a Delaware …

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Permits to drill for December 27, 2022

permits: none were processed today

Completion reports for December 27, 2022

completions: none were processed today

Crude oil prices held steady in first day of trading after Christmas

  Crude oil prices held steady with WTI recording a slight drop while Brent crude gained a little in the first day of trading following Christmas Day. Oklahoma energy stocks also made gains. Crude oil prices hit a three-week high on Tuesday, thanks to the restarting of some U.S. energy plants shut down by the …

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Energy Workforce and Technology Council to hold OKC event

  The Energy Workforce and Technology Council plans an Oklahoma chapter luncheon in January in Oklahoma City. Held at the Hamm Institute for American Energy, the luncheon will feature Austin Harbour, Managing Director of Piper Sander, who will give a market outlook presentation. Harbour joined the energy & power investment banking group at Piper Sandler® …

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Xcel Energy makes improvements to Texas Panhandle power grid

  The power grid across the Texas Panhandle is being expanded and as a result could become even more stable. The Amarillo Globe reported that Excel Energy recently made more investments and improvements in the electric grid in the region. Click here for Amarillo Globe

Ogallala Aquifer under spotlight of Kansas legislature

  When the Kansas legislature meets in a few weeks, legislators are expected to bring heavy attention to a growing water problem. Specifically, the decline of the Ogallala Aquifer in the state—the same aquifer that is found under far western Oklahoma where the issue is also under serious consideration. Click here for Kansas Reflector