In getting a contract for Tellurian Inc’.s nearly $17 billion natural gas transmission pipeline project in Louisiana, Baker Hughes Company will be doing a first. Baker Hughes got a contract to provide electric-powered compressor technology and the installation of the Integrated Compressor Line decarbonization technology will be the company’s first use of the system. …
Category: General
Another drop in crude oil prices leaves mixed impact on OK energy stocks
Crude oil dropped again in Thursday’s trading, falling 3% after OPEC+ confirmed an increase is planned in oil output in August. It left some Oklahoma energy stocks with a big gain for the day while others suffered losses of 7%. West Texas Intermediate crude for August delivery fell $4.02 a barrel to settle at …
OGE agrees to lower rate hike request to $30 million
After three full days of hearings before an Oklahoma Corporation Commission Administrative Law Judge and nearly a full-day of renewed negotiations, Oklahoma Gas and Electric reached a settlement to lower its $163.5 million rate hike request to $30 million. If approved by the Corporation Commission, it would mean another $2.07 a month for the …
Lankford says court ruling shows Congress creates law—not ‘unelected’ bureaucrats
U.S. Sen. James Lankford reacted to the U.S. Supreme Court ruling in support of Oklahoma and other states that challenged the EPA’s use of the Clean Air Act by saying it showed the power of creating laws rests with congress and “not unelected bureaucrats.” “The EPA clearly overreached its authority when it forced Americans to transition …
Permian slips in rig numbers while Anadarko makes gains
The latest rig count released by Enverus Foundations shows an increase of two in the Anadarko Basin which spreads across western Oklahoma and into the Texas Panhandle. The basin was one of a handful that saw gains in the number of active oil and gas rigs. Overall, the U.S. rig count fell by 10 …
From oil and gas to health—a new purpose for a former Halliburton Energy building
A two-story building that once housed Halliburton Energy Services operations in Canadian County will soon become the Canadian County Health Department offices. Canadian County acquired the building located along Highway 66 east of El Reno in a $6 million deal. The county used federal stimulus aid to buy the building from the OKC West …
Hofmeister wants criminal probe of Office of Land Commissioners
The Oklahoma Commissioners of the Land Office are targeted by State Schools Superintendent Joy Hofmeister who has asked for a law enforcement investigation into claims of self-dealing and misappropriation of taxpayer money. Click here for The Oklahoman
ODEQ investigates swimmer’s rashes at Lake Eufaula
After swimmers in Lake Eufaula complained of getting rashes, the Oklahoma Department of Environmental Quality launched an investigation. KOKH News reports that at least one expert suspects parasites. Click here for KOKH News
Austin, Texas adds 1,300 EV charging ports in city
With nearly 17,000 registered electric vehicles in Austin, Texas, the city has installed 1,300 EV charging ports across the city. All are powered by Texas wind energy. Click here for KXAN news
Permian Highway Pipeline to be expanded
Operators of the Permian Highway Pipeline that carries natural gas from West Texas to the Gulf Coast have decided it’s time to expand the project. Kinder Morgan announced this week a final investment decision to increase the line’s capacity up to 550 MMcf/d delivering gas from the Waha area to Katy, Texas reported S&P …