Category: Oil & Gas

PSO assumes ownership of Green Country power plant

    With the recent approval of Oklahoma Corporation Commissioners, Public Service Company of Oklahoma officially took control of the Green Country Power Plant in Jenks. The $730 million acquisition, okayed by commissioners on a 2-1 vote and against the recommendation of an Administrative Law Judge, resulted in a $7.19 month increase for ratepayers of …

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Energy briefs

** A North Dakota county board rezones 800 acres for a company’s plans to build a data center complex that will be powered by a 1,151 MW coal-fired power plant that was nearly closed in 2020 due to financial issues. ** Residents of a Wisconsin town call for tighter restrictions on Alliant Energy’s proposal to …

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Oklahoma is bridesmaid again in quest for Buc-cee’s

Alabama (4) Colorado (1) Florida (2) Georgia (3) Kentucky (2) Mississippi (1) Missouri (1) South Carolina (1) Tennessee (2) Texas (36) Virginia (1)   See what’s missing from the list of states? Oklahoma. It is not the site of a Buc-ee’s store even though in recent days, the popular Texas-based gas-station chain opened two stores, …

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Will Oklahoma utility bills go up with One Big Beautiful bill?

(Andrew Caballero-Reynolds/AFP via Getty Images)   What ever is approved or not approved in the U.S. Senate’s vote on President Trump’s One Big Beautiful Bill Act , it’s clear where the President wants to focus when it comes to energy. It is not renewable energy sources. Critics contend the bill will result in increased utility prices across …

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Crude oil prices finished lower Monday

  Crude oil futures finished down on Monday with word that OPEC+ might increase its output in August. Plus, investors didn’t have as many concerns about Middle East risks as things have quieted down somewhat between Israel and Iran. The 12-days of exchanging bombs and missiles initially sent crude oil prices to more than $80 …

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Oklahoma’s drilling activity holding its own

    Only Oklahoma’s Granite Wash oil and gas play saw a decline in rig activity over the past week, according to the recent Baker Hughes Rig count. The play’s rig activity fell by one and left 12 other rigs still seeking new sources of oil and gas. The state’s overall rig count fell by …

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Nine Energy’s 2Q earnings report release date

    Nine Energy Service,Inc., the Texas-based company with operations in Oklahoma’s STACK and SCOOP plays plans a release of its second quarter earnings in early August. The company will release the financial and operating results for the quarter ended June 30 before it holds a conference call Wednesday, August 6 at 9 a.m. central …

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Oklahoma regulators to meet Tuesday

  Oklahoma Corporation Commissioners will meet Tuesday afternoon to handle some routine business matters. Among them, is the Commission’s Public Utility Division’s initiation of a review of the fuel adjustment costs of Public Service Company of Oklahoma during the 2024 calendar year. It will include what the PUD calls a “prudence review of the fuel …

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Williams starts era of new leader

      July 1 starts the beginning of a new era at Williams, the big pipeline company headquartered in Tulsa. It’s when 14-year President and CEO Alan Armstrong steps aside to become the executive chairman of the Williams Board of Directors and Chad Zamarin, the executive vice president of Corporate Strategic Development replaces him. …

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Utility proposes two gas power plants in northwest Arkansas

    Northwest Arkansas could be getting two new gas power plants in the future, courtesy of SWEPCO (Southwestern Electric Power Company), the state’s second-largest utility. It’s also another sign of the growing need for more electricity generation. SWEPCO electric grid planners recently offered some details in a presentation at a virtual conference held by …

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