Oklahoma is reported to be the leading candidate for a solar-panel manufacturing facility that Enel North America wants to build. It already has the support of Gov. Kevin Stitt who is urging the legislature to support an undisclosed incentive package to land the site that could result in 1,500 new jobs in northeast Oklahoma …
April 2023 archive
Loves Travel Stops expands to include stores along Oklahoma and Kansas Turnpikes
Love’s Travel Stops, the company based in Oklahoma City, will soon be available on turnpikes across Oklahoma and in Kansas. The company is taking over the EZ GO chain and the deal involves six locations along Oklahoma turnpikes and five on the toll roads in Kansas. The takeover from the Carey Johnson Oil Company …
Panasonic to build $5 billion plant in Pryor—-maybe
Panasonic says it is coming to Oklahoma but first—it wants $245 million in infrastructure upgrades at the industrial park in Pryor where a $5 billion, 5 million-square foot plant will be constructed. Gov. Kevin Stitt announced Friday in return, Panasonic will receive about $700 million in capital investment rebates as part of the LEAD …
Completion reports for April 14, 2023
CARTER COUNTY Spring Operating Company Springer(3300): Oil 75 Gas 10 Water 2 Pump 25 2S 3W Iron Belly 1-25, September 30, 2022 DH, OIL, TD: 8677 ft Lat: 34.35353, Long: -97.45975 API: 35019264720000 COAL COUNTY Command Energy Operating Llc Cromwell(7090): Gas 160 Water 5 Flow 20 2N 10E Donna 1-20, October 26, 2022 DH, GAS, TD: 7425 ft Lat: 34.62608, Long: -96.28097 API: 35029214300000 CREEK COUNTY …
Permits to drill for April 14, 2023
Coal County BIG ONE #1-27, April 11 2023 27 3N 9E NWNWNWNE API: 02921438 Lat: 34.708081100774514, Long: -96.3452989458227 COMMAND ENERGY OPERATING LLC DH, DR, 6025 ft, OIL CREEK UP(6025), OIL CREEK BASAL(6025) Coal County BURNS #1-22, April 14 2023 22 3N 9E SWSWSWSE API: 02921439 Lat: 34.709347621074606, Long: -96.34523475027821 COMMAND ENERGY OPERATING LLC DH, DR, 6000 ft, …
Crude managed gains on Friday while OK energy stocks made moderate increases
Friday saw another gain for crude oil prices—their fourth straight week of increases after the International Energy Agency warned the cuts by OPEC and other productions might worsen an oil supply deficit. West Texas Intermediate crude gained 36 cents or 0.4% and closed at $82.52 a barrel on the New York Mercantile Exchange. Brent crude, …
Red River boundary issue lingers at the state capitol
A special commission created to resolve a dispute over a North Texas Municipal Water District pump located on the Oklahoma side of Lake Texoma recently held a meeting at the State Capitol. The Red River Boundary Commission, led by House Speaker Charles McCall, formally asked the University of Oklahoma to form a team of …
Oklahoma’s rig count falls nearly to level a year ago
The nation’s number of oil and gas rigs continued to decline in the past week and Oklahoma followed suit, reaching nearly the same number of rigs it recorded last year at this time. Baker Hughes released figures Friday showing the state’s rig count dropped by 3 in the past week, reaching 55 active rigs. A …
Transportation Secretary says Oklahoma’s bridge system is better than ever
Oklahoma Secretary of Transportation Tim Gatz recently made a bold declaration about the state of Oklahoma’s bridges and highways. “Our infrastructure today is better today than it’s ever been in my career, in 33 years, better than it’s ever been,” he stated in a speech to the Enid Regional Development Alliance. The Enid News …
First quarter financial results to be released by Williams
After reporting a 34% increase in adjusted net income for 2022, Williams prepares to release its first quarter 2023 financial results. They will be made known after the market closes on Wednesday, May 3, according to a company announcement. The company will hold a conference call with analysts and investors the next day, Thursday, …