An oil and gas group based in Austin, Texas is making a national name for itself, fighting wind farms off the east coast of the U.S. and planned wind mills in the Gulf of Mexico. The Texas Public Policy Foundation, backed by oil and gas companies and Republican donors is behind efforts to stall …
Category: General
ONG asks for yet another rate hike
Oklahoma Natural Gas Company customers might be in store for yet another rate hike, albeit a small one if Corporation Commissioners approve it Monday. The consideration will come just a week after regulators approved a nearly $20 million rate hike for ONG, one that would increase a residential customer’s monthly bills by about $2 …
Major county wells completed by SandRidge Energy
SandRidge Energy filed reports on completion of three wells in Major County. Two of the wells were drilled on a single pad and had production of nearly 600 barrels of oil a day. The Harley 2014 2-18h, located at 18 20N 14W, a site 11 miles east of the town of Chester, produced 236 barrels of …
Crude prices dropped on Friday
As the European Union prepared to enact a ban on Russian crude on Monday, oil futures on Friday dropped 1.5% in trading. The slip in prices also occurred a few days before the OPEC+ countries were scheduled to meet. West Texas Intermediate crude for January delivery dropped $1.24 a barrel to $79.98 in trading …
Baker Hughes rig count shows another gain for Oklahoma
The latest Baker Hughes rig count released Friday showed Oklahoma’s latest count grew by one to reach 71. Nationally, numbers were unchanged this week from the previous week, staying at 784 oil and gas rigs. The number of oil rigs was unchanged at 627 and the number of gas rigs stayed at 155. The …
State senators named to head energy, transportation and aviation committees
The Oklahoma Republican legislative committee leadership roles and assignments were announced by Senate President Pro Tempore Greg Treat. Some of the committee assignments as indicated below, deal directly with transportation and energy. The 59th Oklahoma Legislature begins in February. “I have full faith in these individuals to develop ideas to advance our state,” Pro …
Empire District plans 13-year proposed storm payments for customers
Instead of seeking a controversial bond program to extend its 2021 Winter storm costs, Empire District Electric Company, a firm serving northeast Oklahoma, decided to use an alternative form of 13-year payments by customers. Empire asked the Oklahoma Corporation Commission for approval of a regulatory asset and special regulatory treatment to cover more than $6 …
Galvanic Energy seeks partner for lithium development
Oklahoma City-based Galvanic Energy is spreading the word as it searches for a business partner to extract lithium from brine wells in Arkansas. The company posted a notice on its website that it’s open for business connections with the hopes of development of the lithium from the 120,000 acres leased in Columbia and Lafayette …
Canoo delivers tactical vehicle to US Army
Electric vehicle maker Canoo, the company with a plant under construction in Pryor and plans for another in Oklahoma City, announced its first delivery of a tactical vehicle to the Army. The company said the delivery of the Light Tactical Vehicle to the Army was for Analysis & Demonstration and part of the company’s …
US Senators want Route 66 to be declared a National Historic Trail
Make Route 66 a National Historic Trail? It’s what U.S. Sens. Jim Inhofe, James Lankford and Ted Cruz of Texas proposed in the filing of a bill to amend the National Trails System Act. Their bill, according to the announcement incorporates important safeguards to ensure that no future potential harm to energy development projects …