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Report shows Oklahoma wind power grew in 2022 but solar power was another matter
A new national report on wind and solar power generated in the U.S. showed Oklahoma ranked second nationally for new wind power added in 2022, but its solar generation was stagnant. The report by Climate Central shows national wind and solar capacity grew 16% last year compared to 2021. Getting political about it, Climate Central …
Canoo’s shares need a recharging
The value of shares in EV maker Canoo, the firm that won $1 million in help from Oklahoma City to locate a plant there and a $15 million promise in aid from the state, has dropped nearly 39% since the firm announced the sale of 50 million discounted shares earlier in the month. As …
Completion reports for February 24, 2023
CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10232): Oil 322 Gas 2216 Water 1867 Flow 26 11N 7W Little Sahara 1107 26-23-6mxh, November 14, 2022 HH, OIL, TD: 17794 ft Lat: 35.39330, Long: -97.90588 API: 35017258170000 Ovintiv Usa Inc Mississippian(8065): Oil 840 Gas 1140 Water 1554 Flow 27 14N 6W Stephen 1406 3h-27x, September 19, 2022 HH, OIL, TD: 16069 ft Lat: 35.66631, Long: -97.82429 API: 35017258090000 Ovintiv …
Permits to drill for February 24, 2023
Blaine County SPANGLER BIA 1513 #2-28-21-16MXH, February 24 2023 28 15N 13W NESWSESW API: 01124353 Lat: 35.74124733711344, Long: -98.59103801367301 MARATHON OIL COMPANY MU, DR, 25526 ft, MISSISSIPPIAN(11366), WOODFORD(13295), HUNTON(13437) Blaine County SPANGLER BIA 1513 #3-28-21-16MXH, February 24 2023 28 15N 13W NESWSESW API: 01124354 Lat: 35.74131601422669, Long: -98.59103800873916 MARATHON OIL COMPANY MU, DR, 25535 ft, MISSISSIPPIAN(11366), WOODFORD(13295), …
Improved quarterly finances for Mammoth Energy
Mammoth Energy Services saw an 80% jump in its fourth quarter revenue, shooting up to $102.9 million from $57.2 million recorded a year earlier. It also managed a turnaround from a loss of net income in 2021. For the year, the Oklahoma City-based company saw total revenue of $362.1 million, a gain of 58% …
ONE Gas sets date for annual shareholders meeting
The annual meeting of shareholders of ONE Gas, Inc. has been set for Thursday, May 25. The company said the 2023 meeting will begin at 9 a.m. Central Daylight Time and be audio webcast at the ONE Gas website, www.onegas.com. The record date for determining shareholders entitled to receive notice of the meeting and …
Critical questions of utilities’ fuel costs raised again by Corporation Commissioner Anthony
Oklahoma Corporation Commissioner Bob Anthony is raising more questions about the 2021 fuel costs of Oklahoma Natural Gas (ONG), Oklahoma Gas & Electric, and Public Service Company of Oklahoma (PSO). While he has yet to get the support of fellow commissioners Todd Hiett and Kim David in his challenge of the costs, Anthony made a new filing in the …
Ovintiv adds to Canadian County wells
Ovintiv added two more wells to two single-pad sites in Canadian County making combined oil production on the Divide Clark wells to be more than 2,400 barrels a day. The fourth well, the Divide Clark 1406 5h-21xx, drilled on the same pad at 16 14N 6W , a site about 9 miles southeast of …
Oklahoma energy stocks rose with crude oil price gains
Crude oil prices rose again on Friday for a second day of gains and Oklahoma energy stocks had an equally strong day. Oil prices had a strong 1% gain due to growing prospects of lower Russian imports. The day’s trading saw West Texas Intermediate crude for April delivery, gain 93 cents or 1.2% to …
AG Drummond sides with utilities in long-term storm costs paid by consumers
“I don’t think it’s the role of the attorney general to dictate to the utilities on how they consume or purchase their fuel.” Oklahoma Attorney General Gentner Drummond. If critics of the Oklahoma bond securitization Act that allowed utilities to force consumers to pay 2021 Winter Storm Uri costs over 25 to 28 years …