February 2023 archive

Completion reports for February 27, 2023

COAL COUNTY Pablo Energy Ii Llc Woodford(6850): Oil 10 Gas 3082 Water 474 Flow 19 1N 10E Freeland 3h-18, October 30, 2022 HH, GAS, TD: 10600 ft Lat: 34.54809, Long: -96.29049 API: 35029214250000 ELLIS COUNTY Mewbourne Oil Company Cherokee(9610): Oil 490 Gas 1129 Water 1474 Flow 25 19N 25W Ally 36/1 Ap 1h, November 21, 2022 HH, OIL, TD: 20045 ft Lat: 36.08657, Long: -99.81409 API: 35045238600000 …

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Interest rate hike worries affect crude oil and energy prices

  While crude oil prices dropped 1% in Monday’s trading, largely because of growing worries about more interest rate hikes from the Federal Reserve, Oklahoma energy stocks split between losses and gains. If the Fed indeed raises interest rates again, it could slow economic growth and oil demand. West Texas Intermediate crude fell 64 cents …

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Energy news group finds a “gotcha” in Biden drilling claim

  A national oil and gas group reacts to a report that President Biden’s claim U.S. producers failed to use 9,000 drilling permits on federal lands, is false. The American Petroleum Institute issued a release about it on Monday: For nearly a year the administration has attempted to redirect scrutiny over its slow walking of …

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Consumers group opposes PSO’s $2.5 billion renewable energy plan

  When Oklahoma Corporation Commissioners meet Tuesday, they will deal with at least two subjects that could prompt some compelling comments and discussion. One involves the $2.47 billion renewable energy plan proposed by Public Service Company of Oklahoma in which it is asking Commission approval of its cost recovery plan. The project involves PSO’s acquisition …

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Rep. Bice gets science and budget committee assignments

  Oklahoma Congresswoman Stephanie Bice says she has been named to four House Committees in the start of the 118h Congress, including a committee with jurisdiction over the Army Corps of Engineers and the Department of Energy. Her Committee assignments include the House Committee on Appropriations, the House Committee on Science, Space and Technology chaired …

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Thousands left without electrical power following night of deadly tornadoes in Oklahoma

  “Before I can even blink, I could hear the wind coming all of a sudden. All the back windows where the kids’ bedrooms are — I could hear them just crashing, bursting out.” It’s a common comment from survivors of tornadoes in Oklahoma. Those were muttered by Frances Tabler of Norman who was interviewed by …

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Electricity production costs rose with fuel costs in 2021

  If you thought your electricity rates have risen dramatically in the past few years, especially residents of Oklahoma hit hard by the 2021 winter storm-driven costs, the federal government agrees. The U.S. Energy Information Administration issued a report this week showing that with adjustment for inflation, costs for major U.S. utilities to produce electricity …

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OKC wastewater disposal site draws complaints and promises

  The owner of a wastewater disposal company promises changes will be made soon to end concerns and complaints about the odor of an oil field disposal well site in northeast Oklahoma City. The Oklahoman reported the promise was made by Rainbo Service Co. which operates the disposal well on NE 36 street where an …

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Is Volkswagen in secret talks with Oklahoma?

  According to a report by the state capitol political news site, NonDoc, Oklahoma Gov. Kevin Stitt and state leaders are in secret negotiations with Volkswagen to possibly land a large manufacturing plant in Oklahoma. The web site reported the talks are similar to those in 2022 in which Oklahoma hoped to land a $4 …

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EPA stops rail shipments of Ohio’s contaminated waste to Texas

  The federal government has ordered a temporary halt to rail shipments of contaminated waste from the Ohio train derailment site to Texas after officials complained they were not warned about receiving the waste. Federal authorities paused the shipments Saturday out of East Palestine, Ohio reported The Hill. The Associated Press also reported Region 5 administrator …

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