January 2023 archive

Whopping jump in natural gas bills hits everyone

  You think your increased gas bill is an anomaly? Probably not. And if your recent home heating bill stunned you, consider the 56% increase in natural gas bills in New Mexico. That’s 56% more than a year ago according to the Albuquerque Journal. Click here for Albuquerque Journal  

Legislator targets public utilities to be better prepared for severe winter storms

  Oklahoma state Senator Nathan Dahm wants public utilities in Oklahoma to do more to protect their infrastructure from the kind of 2021 winter storm events that led to securitization and increased long-term expenses for consumers. He’s filed Senate Bill 204 that if approved, would force those utilities to “take strategic action to proactively prepare …

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Oil and gas industry workforce grows in Texas

  The number of people employed in the oil and gas industry in Texas keeps growing. New figures from the Texas Workforce Commission indicate the sector added 1,300 jobs in December reported the Odessa American. Click here for Odessa American

OKC pushes forward on franchise fee fight with Oklahoma regulators

  Oklahoma City’s franchise collection fight with the Oklahoma Corporation Commission is still alive before the State Supreme Court. The most recent development was a request by the City to exceed a page limit created by the court. The city contends the limit doesn’t allow the court to consider all of the facts and details …

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Ovintiv and Cimarex report major producing wells in Canadian County

  Ovintiv USA moved some of it STACK success from Kingfisher to Canadian County where the company reported completion of two single-pad wells with combined production of more than 2,600 barrels of oil a day. The firm completed the two Bohlman wells in July 2022 and filed the reports this week. Located at 3 13N …

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Crude made $1 gain in Friday’s trading as OK energy stocks improved too

A $1 a barrel gain was recorded Friday by crude oil prices and at the same time, most Oklahoma energy stocks made increases too, in some cases 5% and 6%. Brighter economic prospects in China prompted the crude oil gains because investors believe improvements in the Communist country will mean greater demand for crude. West …

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Texas regulators vote to overhaul ERCOT power market

  Texas utility regulators voted overwhelmingly to overhaul the state’s electricity market even though critics contend it will increase costs for consumers. The 5-0 vote by the Public Utility Commission of Texas will put the final result in the hands of legislators reported the Austin American-Statesman. Click here for American-Statesman  

Permits to drill for January 20, 2023

Blaine County PIONEER FEDERAL #3-34-18N-13W-2HX, January 19 2023 10 18N 13W SENWNWNE API: 01124347 Lat: 36.056215541455565, Long: -98.5730148869588 DERBY EXPLORATION LLC MU, AM, 20098 ft, MISSISSIPPIAN(8538), WOODFORD(9925) Hughes County BOSE #2-12/1H, January 20 2023 12 8N 11E NWNENESW API: 06324886 Lat: 35.18066105476544, Long: -96.09963650172378 BLACKBEARD OPERATING LLC MU, DP, 11818 ft, MISSISSIPPIAN(4493), WOODFORD(4774), SYLVAN(4844) Major County CHURCHILL …

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Completion reports for January 20, 2023

CANADIAN COUNTY Cimarex Energy Co Woodford(11633): Oil 808 Gas 4490 Water 1881 Flow 19 13N 8W Leota 2h-1918x, October 20, 2022 HH, OIL, TD: 21713 ft Lat: 35.58075, Long: -98.09586 API: 35017253640001 Cimarex Energy Co Woodford(11636): Oil 669 Gas 3174 Water 2075 Flow 19 13N 8W Leota 3h-1918x, October 20, 2022 HH, OIL, TD: 21681 ft Lat: 35.58075, Long: -98.09572 API: 35017253630001 Cimarex Energy Co Woodford(11636): Oil 669 Gas …

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OKC to experiment with beet juice in de-icing bridges

  Oklahoma City’s Public Works Department is looking to bring a new product to their snow-fighting arsenal: beet juice. The pilot program will see how the potion performs on select bridges and overpasses this weekend in OKC. Beet juice is used in cities like Calgary, Washington, D.C. and Cincinnati. “Rock salt needs temperatures above 15 …

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