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Phillips 66 Partners pulls out of planned pipeline to Cushing
A planned pipeline project designed to carry crude oil from the Rockies and Bakken Shale to the Cushing hub in Oklahoma has been abandoned by Phillips 66 Partners. The firm announced it is pulling out of what has been described as “the long-deferred” Liberty Pipeline project that would have carried 350,000 barrels a …
OGE partners with Dobson Fiber to expand communications network
Oklahoma Gas and Electric announced that it has entered into an agreement with Dobson Fiber to upgrade the resiliency and capacity of the company’s communications network backbone to accommodate new grid automation and mitigate risk of wireless interference on the traditional microwave system. Through the agreement, the two Oklahoma headquartered companies will build approximately 350 miles …
New study shows Oklahoma gained from cross-border business with Canada
The American Petroleum Institute released a new report examining how growth in cross-border petroleum trade between the United States and Canada has led to the further integration of North American energy market including direct benefits for Oklahoma, delivering economic benefits, lowering consumer energy costs and strengthening energy security on both sides of the border. The report …
ONE Gas 1Q earnings release on May 3
ONE Gas, Inc. will release its first quarter 2021 earnings after the market closes on Monday, May 3, 2021. The ONE Gas executive management team will participate in a conference call the following day, Tuesday, May 4, 2021, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be …
Completion reports for April 6, 2021
CANADIAN COUNTY Paloma Operating Co Inc Mississippian / Mississippi: Oil 35 Gas 2525 Water 3786 Flow 29 12N 8W Fatboy 29_32-12n-8w 3mhx, December 27, 2020 HH, GAS, TD: 21789 ft Lat: 35.49270, Long: -98.06599 API: 35017255640000 Paloma Operating Co Inc Mississippian / Mississippi: Oil 64 Gas 2641 Water 3844 Flow 29 12N 8W Fatboy 29_32-12n-8w 4mhx, December 27, 2020 HH, GAS, TD: 21775 ft Lat: 35.49270, …
Permits to drill for April 6, 2021
Beaver County BARBY #1-35, April 06 2021 35 4N 26EC CSESE API: 00721190 LATIGO OIL AND GAS INC SH, RC, 5400 ft, LOVELL(4890), TONKAWA(5286) Major County ELIJAH #1-18H, April 06 2021 19 20N 10W NWNWNWNE API: 09325254 Lat: 36.202280805923436, Long: -98.30776320729503 ROX EXPLORATION INC HH, DR, 14200 ft, HUNTON(8500)
Crude oil finished up again but still less than $60 in US trading
Crude oil prices rose less than $1 both in the U.S. and overseas in Tuesday’s trading. West Texas Intermediate crude for May deliver still finished less than $60 a barrel, going up 68 cents to finish the day at $59.33 in trading on the New York Mercantile Exchange. Global benchmark Brent crude for June …
Get ready for increased summer highway traffic
The U.S. Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA’s annual Summer Fuels Outlook, released today with EIA’s Short-Term Energy Outlook (STEO), expects a 15% increase in U.S. highway travel this summer but still less highway …
Oklahoma regulators continue handling historic February storm gas bills
The historic winter gas bills and their impact on utilities in Oklahoma remain an issue being handled by Corporation Commissioners. At least two such requests for assistance in delaying any pass through of the costs of natural gas to consumers are on the agenda for the Wednesday meeting of the commission. Public Service Company …
Renewable power jobs at low end of energy salaries
While President Biden proclaimed he could replace Keystone XL pipeline workers with renewable energy jobs, a new study shows those renewable industry jobs do not pay as well as those in the nuclear, electric power transmission, natural gas, coal and oil industries. The report might also throw even more water on White House Climate …
