Kay County OGG #10-35, July 06 2023 35 25N 1W CNWNWSE API: 07124122 Lat: 36.60008269677669, Long: -97.27253636007914 KODA OPERATING LLC SH, RC, 4850 ft, HOOVER(1866), OREAD(2159) Seminole County GWIN #5-2, July 06 2023 02 7N 5E NWSWSESE API: 13325398 Lat: 35.1022741343277, Long: -96.74379848690909 REACH OIL AND GAS COMPANY INC DH, DR, 4825 ft, WEWOKA(2326), CALVIN(2820), SENORA 404SNOR …
July 2023 archive
Crude oil prices were flat in Thursday’s trading
Crude oil prices ended up flat in Thursday’s trading while Oklahoma energy stocks suffered losses for the day, largely because of tighter U.S. crude supplies and a growing likelihood of a coming interest rate hike. West Texas Intermediate crude gained 1 cents to $71.80 a barrel on the New York Mercantile Exchange. It came at …
Two counties in New Mexico account for 29% of Permian Basin crude oil production
Many readers might associate the Permian Basin only to West Texas, but a new report by the U.S. Energy Information Administration shows just how important two counties in southeast New Mexico are to the oil production of the Basin. In southeastern New Mexico, horizontal wells in Lea and Eddy counties drove much of the …
Private broadband group sees membership growth
While the Oklahoma Broadband Office moves ahead in development of extending public broadband service to more rural areas in the state, a national group that advocates private broadband networks reports its membership is more than 100 groups. Utility Broadband Alliance, formed in 2021, surpassed a major membership milestone with the addition of CenterPoint Energy, …
Lingering effects of 2021 winter storm felt by dozens of Kansas towns and cities
The 2021 Winter Storm Yuri is still on the minds of dozens of cities and towns in Kansas because they still owe millions of dollars in exorbitant gas bills from utility providers. More than 50 cities and one municipal energy agency have asked for help from the City Utility Low-Interest Loan Program created by …
Troubled Colorado oil and gas operator dodges cleanup deadline and $2 million fine
Some breathing room was offered by a Judge to Colorado oil and gas operator K.P. Kauffman, staying an order by regulators for the company to remediate 78 sites and pay a $2 million fine. Kauffman was under an Aug. 1 order to stop operating in Colorado but a judge agreed to stay that order …
Energy updates
** Tuesday marked the Earth’s hottest day ever recorded, according to the University of Maine’s Climate Change Institute. Worldwide temperatures on July 4averaged 62.92 degrees Fahrenheit, according to the institute, which extrapolated from more than 40 decades of data from the U.S. National Centers for Climate Prediction. ** A new federal study estimates that toxic …
2Q earnings report for ONE Gas to be released at the end of the month
ONE Gas, Inc. will release its second quarter 2023 financial results after the market closes on Monday, July 31, 2023. The ONE Gas executive management team will host a conference call the following day, Tuesday, August 1, 2023, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be …
Broken Arrow’s gain is a loss for Buffalo, New York
Swedish company, Alfa Laval recently decided to move its Buffalo, New York manufacturing of wet surface air coolers to its operations in Broken Arrow. It means the addition of 30 jobs to the heat-exchange factory in northeast Oklahoma. The wet surface air coolers, which use water to cool air, are used in facilities …
OGE prepares to launch pilot EV tariff program
Oklahoma Gas and Electric Company is closer to implementation of a pilot EV tariff for General Service, Fleet and Public Schools. The proposed tariff is part of the company’s settlement of a requested rate hike in 2021. As part of the stipulation, OG&E was required to file the pilot tariffs within 9 months of receiving …