Category: General

Puerto Rico finally coughs up millions owed to OKC energy firm for 2017 Hurricane help

  Puerto Rico’s finally come through with payments to Mammoth Energy Services and its wholly owned subsidiary Cobra Acquisitions LLC for the work it performed following the 2017 Hurricane Maria The Puerto Rico Electric power Authority, according to an announcement by Mammoth Energy of Oklahoma City, made a payment of $18.4 million in accordinance with …

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Feds finance more than a dozen solar farms in Arkansas

  More than $2.5 million in federal funding has gone to the building of 13 solar farms in Arkansas. The money, totaling $2.573,271, came from the U.S. Department of Agriculture. According to USDA officials, the grants provided through the USDA Rural Energy for America Program (REAP) are intended to lower energy costs while providing jobs and clean energy. …

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Little change cited in oil and gas drilling in nation’s shale plays

    The latest rig count released by Baker Hughes Co. indicated that most of the oil and gas plays across the U.S. saw little change in their drilling activity. The Permian Basin rig count was unchanged at 304, according to the report. The Williston in North Dakota and South Dakota remained at 34, the …

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Mitchell talks energy with Jerry Bohnen

  Attorney General Gentner Drummond’s lawsuit over price gouging from the 2021 winter storm went before an Osage County District Court judge in the past week. It was a topic of conversation on Mitchell Talks Energy with Jerry Bohnen. (we’re having some difficulty with our link this week. Please copy and insert in your browser …

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Crude oil prices fell again Friday and tumbled 7% for the week

  Crude oil prices took another decline on Friday falling about 2% but for the week, they dropped 7%. West Texas Intermediate crude, considered the benchmark in the U.S., fell below $70 a barrel on the New York Mercantile Exchange. It dropped $1.45 or 2.05% per barrel and settled at $69.22. Brent crude, the global …

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Nov. 6 release for Williams 3Q financial results

    Tulsa’s Williams Cos. plans to announce its third-quarter 2024 financial results in less than 3 weeks. The company said it would release the financial report after the market closes on Wednesday, Nov. 6.  Management plan to hold a conference call the next day, Thursday, Nov. 7 at 8:30 a.m. central Time. Despite low …

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OGE crews wrap up rebuilding and recovery efforts in Florida

After a week helping restore power in Florida following the hit by Hurricane Milton, Oklahoma Gas and Electric’s team of more than 100 line crews and support staff left for home over the weekend. Crews were deployed to help with the rebuilding and recovery efforts after Hurricane Milton caused widespread damage and power outages in …

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Need for water in western Kansas leads to court fight

  A move by the city of Hays in western Kansas to buy a ranch in a nearby county so it could pipe water to its residents has gone to court. Hays and another city, Russell, filed suit last week against Edwards County officials for creating zoning regulations that would prevent the flow of water …

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Little change in latest Baker Hughes rig counts

  The latest oil and gas rig count released by Baker Hughes Co. showed a gain in Oklahoma and a decline nationally. Oklahoma’s count increased by one to 42 rigs. It compared to 37 rigs reported one year ago. Nationally, the count fell one rig to 585. The total count saw a gain of one …

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Energy briefs

** An ethanol plant in central Illinois has stopped injecting carbon dioxide (CO2) into the ground after a potential leak was discovered on the property for the second time this year. The problems at the Archer Daniels Midland (ADM) plant raise questions about the safety of about 150 other carbon capture wells proposed across the …

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