completions: none were processed today
July 26, 2023 archive
Permits to drill for July 26, 2023
permits: none were processed today
Oklahoma regulators to meet Thursday afternoon
Oklahoma Corporation Commissioners will meet Thursday at 1:30 p.m. to consider some recommended changes in the Universal Service Fund program. Here is the agenda: Consideration of and possible vote(s) on proposed or potential orders in cases on the attached 24-hour signing agenda docket. At the meeting, the Commission may discuss and consider alterations, revisions, …
1% slide recorded by crude oil on Wednesday
After hitting three-month highs on Tuesday, crude oil prices fell nearly 1% on Wedneday after data showed US crude inventores fell less than expected. The Federal Reserve also was a factor after it raised interested rates by a quarter of a percentage point. West Texas Intermediate crude finished down 85 cents or 1.1% to …
Cushing Hub sees drop in crude oil storage
Crude oil stocks held nearly even across the U.S. over the past week while they declined at the Cushing Hub in Oklahoma. The U.S. Energy Information Administration reported Wednesday that the U.S. held 456.8 million barrels of oil in storage as of July 21, down from 457.4 million as of July 14. It was …
Energy briefs
** UPS and the Teamsters reached an agreement on a new five-year contract, averting a potential strike by roughly 330,000 package delivery drivers and package sorters that could have impacted many companies’ supply chains. ** Chevron Corp.’s board is waiving the mandatory retirement age for Chief Executive Officer Mike Wirth, giving the company more time …
New Mexico natural gas company fined $150,000
Air pollution violations dating back to 2020 led to a $150,000 fine recently for a natural gas company operating in New Mexico. The New Mexico Environment Department carried out an inspection in 2020 and found permit violations at the Denton Gas Plant near Lovington owned at the time by Davis Gas Processing. Click here …
$11 million in lithium and brine studies announced by Department of Energy
The Biden Administration’s Department of Energy announced nearly $11 million in funding of 10 projects across nine states to study extraction of lithium, the mineral needed for production of batteries for electric vehicles. The Energy Department stated the $10.9 million will advance innovative technologies to extract and convert battery-grade lithium from geothermal brine sources …
Rep. Lucas fears too much power would fall into hands of FCC in new Act
Oklahoma Congressman Frank Lucas isn’t so sure about a new congressional act he contends would give too much power to the Federal Communications Commission. Lucas, chairman of the House Science, Space and Technology Committee came out against H.R. 1338, the Satellite Telecommunications Streamlining Act. He said he supports the idea of seeking ways to …
Summit Utilities to get approval to resume disconnects
Arkansas regulators are close to approving a plan by Summit Utilities Inc. to give more than 47,000 customers behind on thkeir winter natural gas bills up to six months to set up repayment plans. Summit, with thousands of customers in Oklahoma, is awaiting final approval of the plan by the Arkansas Public Service Commission. …
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