Crude oil prices took another tumble on Tuesday and Oklahoma energy stocks for the most part did the same. West Texas Intermediate crude for September delivery finished down 26 cents at $71.65 a barrel. Global benchmark Brent crude for September delivery fell 2 cents to settle at $74.48 a barrel in trading on ICE …
Category: Oil & Gas
DEQ announces over $4 million in medium/heavy-duty vehicle awards
The Oklahoma Department of Environmental Quality announced it awarded $4,015,467 in Volkswagen Settlement funds to replace or repower diesel medium/heavy-duty trucks and shuttle/transit buses through the On-Road Program. A & A Trucking, Inc $258,453.68 4 Heavy Duty CNG Dump Trucks Atlas-Tuck Concrete, Inc $443,600.96 8 Heavy Duty Diesel Concrete Mixer Trucks Canadian County …
Oil and gas drilling restrictions proposed in northern Colorado
County commissioners in Fort Collins, Colorado are considering more restrictions on new oil and gas drilling in their county. A vote had been planned Monday by the Larimer County Commissioners but as the Loveland Reporter Herald indicated, an overwhelming amount of public comment forced a delay. Click here for Reporter Herald.
NGL Energy Partners announces earnings call
NGL Energy Partners LP in Tulsa announced that NGL plans to issue its fiscal 2022 first quarter ended June 30, 2021 , earnings press release post-market close on Monday, August 9, 2021 . Members of NGL’s management team intend to host an earnings call following this release on Monday, August 9, 2021 at 4:00 …
OSU part of national industrial energy assessment effort
Oklahoma State University is one of 32 universities in 28 states that will conduct industrial assessments for the U.S. Department of Energy to help manufacturers in carbon reduction. The Energy Department announced the program will receive $60 million in funding for its largest-ever cohort of university-based Industrial Assessment Centers. The program helps small and …
4,000 barrel production from 3 more Ovintiv wells at Kingfisher
This is crazy. Ovintiv Mid-Continent Inc. scored three more major wells on a single pad with combined production of more than 4,000 barrels of oil a day in Oklahoma’s STACK. The company completed the Mary 1507 wells last month at a site at 15 15N 7W, which is at the south edge of Kingfisher where …
Southwest Power Pool investigators say fuel shortages drove February blackouts
The rolling blackouts that hit Texas and Oklahoma and a few other states during the February winter storms were caused largely by fuel shortages, especially in natural gas claims executives with the Southwest Power Pool. The SPP has spent the past several months reviewing the outages that it enforced upon Oklahoma and other …
Energy news in brief
** Iraq wants another U.S. company to replace Exxon as a shareholder in the West Qurna 1 field, one of the country’s largest after the supermajor leaves the country. ** Nearly 140 Democratic U.S lawmakers on Tuesday urged the U.S. Environmental Protection Agency (EPA) to quickly reinstate California’s right to set regulations for vehicle emissions, which was …
Crude oil slips in US but rises overseas
After rebounding from last Monday’s drop, U.S. crude oil prices took a dip downward on Monday while European prices went up. West Texas Intermediate crude for September delivery took a 16-cent fall to $71.91 a barrel. Global benchmark Brent crude for September delivery rose 40 cents to settle at $74.50 a barrel on ICE …
Groundwork efforts underway for regional crude oil pipeline in NW Oklahoma
Woodward County Commissioners were scheduled to meet this week to consider approval of part of Navigator’s Borger Express Pipeline to stretch 195 miles from the Cushing storage hub to a regional refinery in Texas. The 16-inch line will be capable of transporting up to 90,000 barrels of oil a day and will be constructed …