Cana Woodford Leads Oklahoma Drilling Activity as Rig Count Holds Steady As Oklahoma’s oil and gas drilling remained steady for another week, the most active drilling remained in the Cana Woodford. The Baker Hughes Rig Report released Friday showed there were 22 rigs in the play located in the Anadarko Basin. The Cana Woodford is …
Category: General
Arkansas Oklahoma Gas files rate hike notice
Arkansas Oklahoma Gas Files Notice of Intent for Oklahoma Rate Adjustment While Oklahoma Natural Gas filed a recent rate hike request with Oklahoma regulators, so did another gas supplier in the state. Arkansas Oklahoma Gas Corporation, headquartered in Fort Smith, Arkansas and providing service to nearly 60,000 customers in the two states, recently filed a …
Energy Briefs: Offshore wind, LNG, solar lawsuit
Offshore wind policy and fossil fuel permitting reforms ** Oil lobbyists are asking Trump to back off his attacks on offshore wind, saying his hostility could delay energy permitting reforms that would benefit fossil fuel companies. ** The Trump administration and Westinghouse are reportedly meeting with utilities and nuclear developers as Trump aims to get …
ONG asks for higher rates
Oklahoma Natural Gas Seeks Rate Increase, Citing Lower-Than-Allowed Returns Oklahoma Natural Gas (ONG) says the rates allowed under an Oklahoma Corporation Commission ruling aren’t enough and it needs an increase in rates for its 930,000 residential, commercial and industrial customers. The Oklahoma City-based utility filed a request with the commission last week for an increase …
Iranian war sent crude oil up more than 6%
Crude Oil Prices Jump Nearly 13% as Iran Conflict Enters Third Day Crude oil prices shot up nearly 13% on the world markets as the U.S. and Israeli military strikes continued Monday on Iran, marking the third day of the war. Natural gas prices also rose as the retaliation by Tehran following the deaths of …
War sends oil prices rising and they could go higher
Duration of War on Iran Key in Rising Oil Prices The war against Iran did one thing this week—send crude oil prices climbing. Prices in the U.S. rose to nearly $73 a barrel after closing Friday, prior to the launching of the attacks by Israel and the U.S., at $67 a barrel. How much higher …
Another poultry firm settles with Oklahoma over pollution
A fourth poultry company has agreed to end a nearly 20-year old legal fight with Oklahoma over the pollution of the Illinois River Watershed. Attorney General Gentner Drummond reached a deal with Peterson Farms Inc., a now dissolved poultry company, It agreed to pay $950,000 for remediation and conservation projects in the eastern part …
Could US attacks on Iran prompt a $20 jump in crude oil prices?
The world awaits the impact the U.S. and Israeli attack on Iran will have on crude oil prices. Some contend prices could soar $10 to $20 a barrel and if that’s true, it means the global cost of oil would approach the low 90s. The strikes were intended to destroy Iran’s nuclear program and …