completions: none were processed today
August 14, 2023 archive
Permits to drill for August 14, 2023
Beaver County UNCLE #1-17, August 14 2023 17 5N 26EC NESWNENW API: 00725713 ZEAL PRODUCTION COMPANY SH, DR, 6200 ft, CHECKERBOARD(5755), MARMATON(5890) Canadian County KASTL #1H-24-25, February 28 2023 24 13N 8W NENENWNE API: 01725922 Lat: 35.594227710644205, Long: -97.99982466671823 CITIZEN ENERGY III LLC MU, AM, 19470 ft, MISSISSIPPIAN(10400) Noble County EMMA HENTGES #1-10, August 14 2023 10 …
Canoo’s 2Q financials show the EV maker is still losing money
While electric vehicle manufacturer Canoo announced it has installed manufacturing capacity at its Oklahoma City and Pryor operations, the company is still losing money….just not as much as it did a year ago. It announced second quarter financial results late Monday showing adjusted net loss of $69.1 million while losses for the first half …
Monday saw drop in crude prices and Oklahoma energy stocks
Monday produced a down day for crude oil prices as well as Oklahoma energy stocks with one firm recording a 17% loss for the day. Continued worries about China’s falling economy along with a stronger dollar took the momentum out of seven weeks of gains. West Texas Intermediate crude finished down 68 cents or …
Unit Corporation hit with 65% drop in 2Q net income
Tulsa’s Unit Corporation second quarter financial results might have been like a punch in the gut as net income fell 65% from a year earlier. But for the first six months, it was still upbeat and leadership was still full of optimism. Net income for the latest quarter was $28 million or $2.86 per …
Storms leave thousands again without electrical power
Another round of storms that included 90 mph winds resulted in damage Sunday night in the state and left more than 17,000 customers without power at one point Oklahoma Gas & Electric reported it had restored power to most of the affected customers and as of late Monday morning had narrowed the list to …
One utility doesn’t see need of long-term winter storm bills
Unlike Oklahoma-based utilities that used long-term bond financing of historically high natural gas bills during the 2021 Winter Storm Uri, Arkansas Oklahoma Gas is opting out of the method. The Little Rock, Arkansas based company initially filed a request following the storm, seeking securitization to cover its more than $18 million in natural gas …
Oklahoma AG joins fight against EPA’s proposed rule targeting power plants
The fight against the Biden administration’s latest EPA rule, one targeting existing coal, natural gas and oil-fired power plants has one more opponent—Oklahoma Attorney General Gentner Drummond. He announced Monday he has joined a coalition of 21 states opposing the new rule proposed by the Environmental Protection Agency. The proposal attempts to regulate those …
Arkansas electric cooperative leader questions reliability of renewable energy sources
The president of an Arkansas electric cooperative questions the reliability of renewables on the grid and calls for the U.S. EPA’s proposed power plant restrictions to be struck down. It’s from Kecia Wolf, a certified public account who was named President and CEO of Southwest Arkansas Electric Cooperative last fall. “A system that only utilizes intermittent …
Scott and Jerry talk energy again—latest podcast edition
Yes, Scott Mitchell and Jerry Bohnen are talking energy again. Check out their latet edition of the “Mitchell Talks Energy” podcast.
- 1
- 2