(photo from News 9 live coverage) A pulling unit or workover rig at an oil well site in Grady County exploded and caught fire Monday afternoon and sent three workers to the hospital. Not many details are known but the well site is near the town of Bradley and on County Street 2990 near …
July 2024 archive
Accounting specialist says Corporation Commission audits of utility storm spending don’t comply with state law
A longtime honored and recognized accountant lent support Monday to Oklahoma Corporation Commissioner Bob Anthony’s criticism of the 2021 winter storm audit of spending by utilities that later used securitization bonds to extend their expenses to ratepayers for up to more than 25 years. David Greenwell, a former chairman of the Oklahoma Accountancy Board, …
Hurricane Beryl to bring more drought relief to Oklahoma
After knocking out power to nearly two million residents near Houston, Texas, Hurricane Beryl is expected to brush far southeast Oklahoma. While it won’t be packing 75-80 mph winds at that point, the rainfall will be welcomed. As Oklahoma Climatologist Gary McManus wrote Monday, “it should still provide ample rainfall to just about the last …
Update scheduled for $1.2 billion in broadband funding in Oklahoma
Oklahoma’s Broadband Office will give an update Tuesday on the status of its $1.2 billion 5-year spending program to expand broadband service to all rural areas of the state. The Oklahoma Broadband Governing Board will meet at 10 a.m. Below is the published agenda: 1. Call to Order, Welcome, and Determination of a Quorum …
OKC’s late June storm damage to property totaled $7.4 million
Oklahoma County Assessor personnel were in the field June 26th to determine property damage after severe storms on June 25th caused serious wind damage in Oklahoma City. In three locations in Oklahoma County, $7.4 million in damage resulted from the wind event. That translates to an estimated $100,600 reduction in property taxes. The Assessor’s office …
Conservative group attacks credibility of ESG study in Oklahoma
A Washington, D.C. based conservative group, the American Accountability Foundation, has come out attacking the credibility of the University of Central Oklahoma professor whose recent study of the state’s energy discrimination act was used in criticizing the enforcement of the measure. The Foundation, using the Open Records Act in Oklahoma, obtained an email sent …
Odd/Even watering system still in effect in OKC
Oklahoma City’s Utilities Department says it has not eliminated the odd/even watering schedule as hot summer weather returns in the next several days. The odd/even schedule is “permanent,” according to an announcement made Monday by the department. And it is to be followed yearlong. Customers whose property address ends in an odd number …
Ceremonial signing to be held for new Home Insurance Act
The legislators who were responsible for the creation of the Strengthen Oklahoma Homes Act will join State Insurance Commissioner Glen Mulready for a ceremonial signing of the bill on Tuesday morning. Rep. Mark Tedford, R-Tulsa will be a part of the 11 a.m. ceremony in the Governor’s Blue Room, the second floor of the State …
Devon Energy expands Williston Basin holdings with $5 billion acquisition
Oklahoma City’s Devon Energy just expanded its holdings in the Williston Basin and strengthened its position for at least the next ten years with a $5 billion acquisition of assets from Houston’s Grayson Mill Energy. Devon announced Monday the acquisition, consisting of $3.25 billion in cash and $1.75 billion in stock to the sellers, …
Tax credits to be used for western Oklahoma solar power project
A new development has occurred in the first solar power contract for the Oklahoma Municipal Power Authority. The North Fork Solar Solar Project under development by Recurrent Energy, a subsidiary of Canadian Solar, in western Oklahoma’s Kiowa County, will use $103 million in tax credits. Recurrent recently signed the agreement with Bank of America, …