August 2023 archive

More oil and gas rigs sit idle as US and Oklahoma numbers decline for another week

  The rig count across the U.S. fell for a 6th consecutive week, according to the Baker Hughes Co. which showed a decline of 12 rigs to 642. Oklahoma’s count fell by 2 rigs to 38 while nationally, the drop included 5 oil rigs, leaving 520 while the number of gas drilling rigs declined six, …

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Kansas City wants 3,000 acre solar farm at KCI Airport

  Kansas City is planning to construct a 3,000-acre solar farm near the Kansas City International Airport. Mayor Quinton Lucas has proposed the legisation and says the long term goal is to reduce utility costs and power a third of Kansas City homes with green energy. Click here for KSHB TV News   Kansas City …

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6,000% jump in Texas electricity prices in this heat wave

  A weekend report detailed how electricity prices in Texas soared 6,000% on Thursday as the heat wave bakes the state and Oklahoma too. Bloomberg reported that spot prices jumped to $4,750 per megawatt-hour Thursday afternoon from the average of $75 on Wednesday. The weekend might have produced even greater prices as the heat wave …

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Appeals Court strikes down controversial oil train in Utah and Colorado

  Environmentalists and others fighting the proposed  Unita Basin Railway, the pone that would carry oil from Utah and across western Colorado and eventually to Oklahoma’s Cushing hub, won a federal appeals court order to block the project. The Washington, D.C.-based U.S. Appeals Court struck down previous government approval of the project and ruled that …

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Completion reports for August 18, 2023

CADDO COUNTY Territory Resources Llc Deese(15276): Gas 53 Flow 34 7N 12W Mahala 1-34, January 09, 2023 SH, GAS, TD: 20871 ft Lat: 35.03999, Long: -98.44922 API: 35015226060001 STEPHENS COUNTY C E Harmon Oil Inc Permian(350): Oil 48 Gas 65 Water 2 Pump 24 2S 4W Oil Hill 2, May 25, 2023 SH, OIL, TD: 2001 ft Lat: 34.37139, Long: -97.57794 API: 35137276970000

Permits to drill for August 18, 2023

Canadian County RHINO 8_5-14N-9W #5HX, May 19 2023 17 14N 9W SENWNWNE API: 01725962 Lat: 35.69517508130026, Long: -98.17933044059649 DEVON ENERGY PRODUCTION COMPANY MU, AM, 21395 ft, MISSISSIPPIAN (LESS CHESTER)(10326) Carter County ANNIE GREENSPRINGS #1-12, August 18 2023 12 3S 3W CNWSESE API: 01925201 Lat: 34.30621691481635, Long: -97.46067286799388 CHARTER OAK PRODUCTION CO LLC SH, RC, 9300 ft, TUSSY(5100), …

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Crude oil prices gained on Friday along with Oklahoma energy stocks

Crude oil finished the week on Friday with a 1% gain on the day, despite signs of a slowing U.S. output and a 6th straight week of declines in American rig counts. The gains were made on growing worries about global demand growth. Oklahoma energy stocks wrapped up the week with a day of gains …

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Oklahoma Broadband Office goes transparent in updating its progress

  In a move to keep the public informed about its progress in expanding broadband service in Oklahoma’s rural areas, the state Broadband Office launched an interactige online map detailing the availability of high-speed internet service in the state. Executive Director Mike Sanders announced the Oklahoma Broadband Map is available at map.broadband.ok.gov, and offers Oklahomans a …

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Oklahoma’s hot weather to extend into the fall

    Oklahoma’s hot summer is going to be extended into the fall. It’s the forecast of the National Oceanic and Atmospheric Administration. The 90-day forecast was released this week indicating we’ll have warmer than usual temperatures between September and November. Oklahoma won’t be alone because NOAA anticipates “above-normal seasonal mean tempertures across a majority …

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AEP formalizes $1.5 billion in sale of unregulated wind farms

  The sale of some of its unregulated an contracted renewable energy sites by American Electric Power, a deal worth $1.5 billion, involved some wind farms in Texas, Colorado and Kansas. They were among 14 such holdings sold to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and funds managed by Blackstone Infrastructure. AEP …

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