The Oklahoma Energy Producers Alliance (OEPA) has joined with State Treasurer Todd Russ as he takes steps to withhold state funds from WOKE institutions that discriminate against making Oil and Gas and Agriculture loans. “This is a courageous action by our State Treasurer and a win for Oklahoma producers,” OEPA Chairman and Owner of Kingery …
May 2023 archive
Oklahoma Turnpike Authority loses bond adviser after being blacklisted by Treasurer
After being blacklisted from state agency business because of its ESG beliefs, Wells Fargo is no longer the bond adviser for the Oklahoma Turnpike Authority. The company was among those cited by Oklahoma Treasurer Todd Russ as violating Oklahoma’s new law which targeted financial institutions for their bias against the state’s oil and gas …
Oklahoma’s 911 fees could increase if Governor signs bill
Oklahomans might see a big jump in their monthly 911 fees if a bill approved in the legislature and sent to Gov. Kevin Stitt is signed into law. As the political website, NonDoc reported this week, the 67% increase would be part of a state effort to upgrade Oklahoma’s emergency hotline system. The increase …
EIA reports Oklahoma saw increased oil production in past year
No surprise in what the U.S. Energy Information Administration reported this week showing Texas and New Mexico were the leading oil-production states in the country. U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 compared with 2021, averaging 11.9 million b/d according to the EIA’s Monthly Crude Oil …
More Garvin County wells for Continental Resources
Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration in Oklahoma’s SCOOP play, filing completion reports on two wells on a single pad with combined production of nearly 1,400 barrels of oil a day. The reports for the Moonraker wells, located at 33 1N 3W or 5 miles …
Rural electric program likely to draw interest from Oklahoma electric co-ops
The head of the Oklahoma Electric Cooperatives Association, Chris Meyers says no doubt, Oklahoma electric co-ops will take a serious look at the newly-announced USDA program offering $11 billions to boost clean energy systems in rural areas. Responding to an inquiry by OK Energy Today, the general manager and CEO of the state association …
Brief energy stories
** Remember SamBrinton, the former senior Energy Department non-binary? He’s been arrested again, this time as a “fugitive from justice” by police in Maryland. ** The United States should develop its own clean energy supply “soup to nuts” — but that doesn’t mean banning Chinese products, a top Biden administration official said Thursday. At POLITICO’s first-ever energy …
Biden’s Energy Department announces $251 million funding for carbon capture projects
Carbon capture and storage projects in seven states, including Texas and Wyoming, received a $251 million shot in the arm this week from the Biden administration. The U.S. Department of Energy announced the funding of the grants that are aimed at reduction of planet-warming pollution from power plants and industrial operations. A major oil …
NextEra plans to sell oil and gas operations in Texas and Pennsylvania
NextEra Energy Partners LP, the company known in Oklahoma for its wind farm developments, says it’s planning to sell its STX Texas midstream assets in the Eagle Ford Shale and Pennsylvania’s Meade natural gas pipeline. The company wants to streamline finances and become more of a fully renewables-based company according to John Ketchum, NextEra’s …
Permits to drill for May 17, 2023
Texas County COON B #1, June 22 2022 17 3N 12EC SWNWSENW API: 13924561 MERIT ENERGY COMPANY SH, AM, 6472 ft, MARMATON(4992), MORROW S-3(6259)