February 2023 archive

What’s this fuss about Right of First Refusal? Mitchell Talks Energy

  Round 3 of Mitchell Talks Energy featuring a discussion with OK Energy Today’s Jerry Bohnen about ROFRs…..Right of First Refusal. It’s a controversial issue that will heat up in the legislature, one giving the power of utilities to refuse transmission line construction by competitive firms. Scott also talks with Josiah Neeley, resident senior fellow …

Continue reading »

Permits to drill for February 28, 2023

Canadian County KASTL #1H-24-25, February 28 2023 24 13N 8W NENENWNE API: 01725922 Lat: 35.59428265082386, Long: -97.99989193783077 CITIZEN ENERGY III LLC MU, DR, 18200 ft, MISSISSIPPIAN(10400) Canadian County TECH #1H-24-25, February 28 2023 13 13N 8W SWSWSESW API: 01725924 Lat: 35.595549059442625, Long: -98.00752350793113 CITIZEN ENERGY III LLC MU, DR, 18300 ft, MISSISSIPPIAN(10500) Canadian County TECH #2H-24-25, February …

Continue reading »

Completion reports for February 28, 2023

CANADIAN COUNTY Camino Natural Resources Llc Mississippian(12456): Oil 43 Gas 11021 Water 3543 Flow 3 11N 9W Hickman 1109 10-15-1mxh, January 23, 2023 HH, GAS, TD: 23062 ft Lat: 35.44063, Long: -98.13587 API: 35017258630000 COAL COUNTY Pablo Energy Ii Llc Woodford(6750): Oil 72 Gas 4351 Water 550 Flow 30 1N 10E Lewis 3h-31, November 10, 2022 HH, GAS, TD: 11556 ft Lat: 34.52084, Long: -96.28830 API: 35029214210000 …

Continue reading »

Commissioner Anthony disgusted at putting reins on outside expert

  Another layer of whitewash. It’s what Oklahoma Corporation Commissioner Bob Anthony called the move by fellow commissioners Todd Hiett and Kim David to hire an “independent consultant” to review the $6 billion in 2021 fuel cost cases pending before the Commission. “It’s so restricted as to be absurd,” said Anthony in reacting to the …

Continue reading »

Oklahoma regulators decide to use ‘outside’ expert in reviewing utility fuel costs

  The Oklahoma Corporation Commission approved Tuesday a measure to look into the process under which an outside expert would be hired to examine un-securitized 2021 fuel cost recovery charges of Oklahoma Natural Gas, Oklahoma Gas and Electric, and Public Service Company of Oklahoma. The measure was brought by Commission Chairman Todd Hiett at the …

Continue reading »

Crude oil rose 2% on Tuesday while most OK energy stocks suffered losses

Crude oil prices rose about 2% in Tuesday’s trading but Oklahoma energy stocks failed to make the upward ride with a majority recording losses for the day. What prompted the increase in crude oil? Optimism of a strong economic rebound in China. West Texas Intermediate crude gained $1.37 or 1.8% to finish at $77.05 a …

Continue reading »

OGE crews restore power to 92% of customers who lost it during the tornadoes

  Nearly 92% of the Oklahoma Gas and Electric customers who lost electrical power in the Sunday night tornadoes and severe weather have their power restored. In an update Tuesday morning, OG&E said its 2,500 utility personnel continue working to restore power to the remaining customers and expect to have the restoration up to 95% …

Continue reading »

Latest reports show wells completed by BCE-Mach III

  Some of the newest completion reports include three Kingfisher County wells drilled by BCE-Mach III LLC. The separate wells were completed in October, November and December of 2022 and had combined production of nearly 800 barrels of oil a day. The John Pollard 31-18-5 2mh, located at 31 18N 5W or 8 miles northeast …

Continue reading »

NextEra’s plans for solar and battery project denied in Enid

  Renewable energy firm, NextEra, a company with wind farm operations throughout the state, was turned down this week in its effort to build a solar and battery storage operation near Enid. The Enid News and Eagle reports the Metropolitan Area Planning Commission voted to deny NextEra’s petition to use land southeast of Enid for …

Continue reading »

Colorado drivers feeling more impact from shutdown of state’s only refinery

  Only a few weeks ago, OK Energy Today reported how the December shutdown of the Suncor refinery in Colorado, the state’s only refinery, resulted in increased pump prices for drivers in the state. Now the U.S. Energy Information Administration reports the increase has been $1.39 a gallon since the day after Christmas 2022. The …

Continue reading »