Leadership at ONEOK, Inc. announced the company’s 2023 annual shareholders meeting will be held May 24 but it won’t be an in-person gathering. The 9 a.m. meeting will be a virtual meeting only and accessible through a live webcast. Shareholders will receive a notice of the meeting and ability to vote as of March …
March 2023 archive
Congresswoman says Biden administration continues to mishandle Ohio train derailment catastrophe
To put it mildly, Oklahoma Congresswoman Stephanie Bice says she is “deeply disappointed” in the Biden administration’s reaction to the train derailment and subsequent chemical disaster at East Palestine, Ohio. Her criticisms came even as a second Norfolk Southern train derailed in Ohio on Saturday. The derailment of 20 cars of a 212-car train …
Tellurian’s CEO puts up $25 million in company shares to cover a loan
In an apparent move to avoid a financial catastrophe for his company, Texas-based Telllurian’s Executive Chairman Charif Souki sold more than $25 million in shares to cover a loan. Securities filings confirmed the transfer and sale of Souki’s shares as collateral for a 2017 loan for real estate investments according to Reuters. It reported the …
Fast reads of other energy stories
** Nearby residents were asked to shelter in place after a Norfolk Southern train derailed near a highway in the Springfield, Ohio, area on Saturday. Norfolk Southern confirmed in a statement to CBS News that 20 cars of a 212-car train derailed. The railway company said there were no hazardous materials aboard the train, and …
Permits to drill for March 2, 2023
Grady County CKSMOU #8-7-11 INJ, March 02 2023 08 3N 5W SESENWNE API: 05125015 Lat: 34.75133119077016, Long: -97.74415898220465 MACK ENERGY CO DH, DR, 11116 ft, MORROW SUBTHRUST(10156) Grady County SCOUT 07-05-13 #1H, March 02 2023 13 7N 5W NENENENW API: 05125014 Lat: 35.08688040549746, Long: -97.67950280637879 STAGHORN PETROLEUM II LLC HH, AM, 15161 ft, OSBORN(10172) Grady County SCOUT …
Completion reports for March 2, 2023
BEAVER COUNTY Latigo Oil And Gas Inc 20 4N 27E Otto Barby K 1, November 03, 2022 null, DRY, TD: 7350 ft Lat: 36.79601, Long: -100.17531 API: 35007353600002 CARTER COUNTY Citation Oil & Gas Corporation Hoxbar-deese(1250): Oil 5 Pump 17 2S 2W Wildcat Jim Unit 144, August 31, 2022 SH, OIL, TD: 2935 ft Lat: 34.39047, Long: -97.43532 API: 35019235160001 CREEK …
Corporation Commissioner says Kansas lawsuit over winter storm gas validates his suspicions about Oklahoma’s rates
Citing a $50 million lawsuit filed by the Kansas Attorney General against an energy company for manipulation of natural gas markets during the February 2021 winter storm, on Thursday, Corporation Commissioner Bob Anthony filed a deliberations statement in the 2021 fuel cost review cases for ONG, OG&E and PSO, saying his repeatedly-dismissed suspicions about …
Bill wins approval in Senate committee to change Oklahoma’s electric utility regulations
Oklahoma Senate leader Greg Treat’s bill to make sweeping changes to electric utility regulation in the state won approval Thursday in committee. The Senate Energy and Telecommunications committee voted 10-2 in support of the bill which will be sent to the full Senate for consideration. The two “no” votes were made by Sen. Mary …
Tulsa’s historic Greenwood District to no longer be divided by I-44
A project to remove part of I-44 that divides Tulsa’s historic Greenwood District and allow for more community growth will be announced Friday. Tulsa Rep. Regina Goodwin will join Cody Brandt of Tulsa STEPS and Dr. Warren Blakney, Pastor of North Peoria Church of Christ in making the announcement of a $1.6 million grant …
Short energy reads
** Democrats’ witness at a House Natural Resources Committee hearing Tuesday blasted supporters of the Inflation Reduction Act (IRA) last year for “permitting a climate apocalypse.” John Beard, Jr., the founder and president of the Texas-based Port Arthur Community Action Network, particularly criticized the IRA for several provisions that open up millions of acres of federal land and …
