Author's posts
Chesapeake Keeps Top Spot for Ohio’s Utica Shale
Three Oklahoma City-based energy companies are busy at work in Ohio these days. Oklahoma City-based Chesapeake Energy Corporation remains the top driller in Ohio’s Utica Shale according to a recent report by Kallanish Energy. Chesapeake received 825 permits since late 2010 from the Ohio Department of Natural Resources and its Division of Oil and Gas …
Natural Gas, WTI and Brent Crude Settle Higher on Friday
Crude oil and natural gas futures finished higher on Friday as traders monitored the OPEC production cut and forecasts for below-average temperatures bolstered the markets, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude tacked on 66 cents, or 1.3%, to settle at $51.50 a barrel, marking a 2.2% gain …
Permits to Drill December 12, 2016
Beckham County MCCURRY #3-21HB, December 09 2016 21 11N 25W SESESESW API: 00921978 Lat: 35.40841728779909, Long: -99.85042664097148 FOURPOINT ENERGY LLC HH, DR, 16984 ft, MO’AN (UP GRANITE WASH)(11705) Beckham County MCCURRY (MCCURRY 4-21H) #4-21HC ST, December 09 2016 21 11N 25W SWSESESE API: 00921871 Lat: 35.408280194574374, Long: -99.84288205667627 FOURPOINT ENERGY LLC HH, DP, 16890 …
OCC ALJ Recommends $60 Million Rate Increase for OG&E
Oklahoma Corporation Commission ALJ Ben Jackson has recommended a rate increase of $60.3 million for Oklahoma Gas and Electric Co., according to a report by The Oklahoman. OG&E proposed doubling a monthly customer service charge to more than $26 while reconfiguring residential bills to explain their system costs. The electric utility also proposed lowering the …
WTI, Brent Crude Rebound With Settlements Above $50 on Thursday
Crude oil futures posted modest gains and moved settlements above the crucial $50 a barrel benchmark on Thursday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude gained $1.07, or 2.2%, to settle at $50.84 a barrel. On the London ICE Futures Exchange, February Brent crude, the global benchmark, tacked on …
Hamm: Tribal Members Being Used by ‘Fringe’ in DAPL Standoff
Oklahoma’s billionaire oilman, Harold Hamm, sounded off on Thursday, citing a fringe element is responsible for stirring up controversy at the site of the Dakota Access Pipeline protest in North Dakota. President-elect Donald Trump’s key energy adviser questioned the motivations of protesters who are behind the standoff to halt construction of the controversial pipeline. “Let …
PSO of Oklahoma Receives State Regulatory Approval to Lower Wind Power Price
Public Service Company of Oklahoma is lowering the cost for customers who elect to participate in its WindChoice program, according to a company press release. PSO proposed modifications to its existing Green Energy Tariff in a July 29 filing with the Oklahoma Corporation Commission. The purpose of the modification was to reduce the cost for …
Magellan Midstream Expands Houston Terminal and Pipeline Infrastructure
Tulsa-based Magellan Midstream Partners, L.P. and LBC Tank Terminals, LLC of Belgium announced Thursday the companies are expanding the infrastructure of Seabrook Logistics, LLC by increasing its crude oil and condensate storage and pipeline assets in the Houston Gulf Coast area, according to a joint press release. Seabrook Logistics – a 50/50 jointly owned subsidiary …
Edmond Electric Rate Increase Impacts Wind Rider Program Participants
Over 950 Edmond Electric commercial customers will be paying higher utility bills in the near future. That’s because ratepayers participating in the utility’s Pure and Simple Wind Rider program will be subject to more than a sixfold increase over the next five years, according to a news report in The Oklahoman. Last week, the Edmond …
Completion Reports December 9, 2016
CUSTER COUNTY Continental Resources Inc 33 15N 14W Hamar 1-33swd, May 28, 2016 SH, DISP, TD: 10720 ft Lat: 35.72598, Long: -98.70243 API: 35039224790000