When Ovintiv files completion reports on wells drilled in Oklahoma’s Kingfisher County, you know they will be big producers. The firm’s latest three wells drilled on a single pad produced nearly 4,500 barrels a day when they were completed in April. How’s this for success? Wells with production of 1,735 barrels, 1,503 and 1,234 …
Oklahoma’s EV charging plan wins Biden administration’s approval
Oklahoma was notified this week that it was one of 34 states along with Puerto Rico to get a share of $900 million to create a national electric vehicle charging network. The Biden administration wants the country to transition away from gas-powered transportation and anything to do with fossil fuels. Tim Gatz, Secretary of …
Other headlines
** Despite the high cost of electric vehicles, President Biden this week attended the Detroit Auto Show and encouraged Americans to buy the vehicles. It was his latest anti-fossil fuel effort. ** While the White House still denies the existence of a recession in the U.S., the National Energy Assistance Directors Association reports that roughly 20 …
Denver midstream firm adds Marcellus shale operations
Denver-based Antero Midstream Corporation has expanded its holdings with a $205 million cash acquisition of the Marcellus Shale gas gathering and compression assets of Crestwood Equity Partners LP. of Houston, Texas. Closing is expected in the fourth quarter of this year and is subject to customary regulatory approvals. Paul Rady, Chairman and …
Oklahoma energy stocks gained along with crude oil prices
As crude oil prices gained 1% on Wednesday, it also proved to be another strong day for Oklahoma energy stocks as some had 5% gains. What prompted the oil price increase? It came after an international energy watchdog said it believes there will be an increase in gas-to-oil switching because of high prices this …
Crude oil storage drops again at Cushing Hub
The Cushing crude oil hub in Oklahoma continued its slow decline in total crude oil storage according to the latest government report. The U.S. Energy Information Administration on Wednesday reported the total amount of crude in storage at the northern Oklahoma site as of September 9 was 24.6 million barrels of oil. It was …
Lankford accuses Democratic Senators of deceit in attacks on feed lots
Senator James Lankford and three other Republicans in the Senate blasted their Democratic colleagues who made climate-change attacks on feedlot and dairy operations. Lankford and Sen. Roger Marshall of Kansas, Joni Ernst of Iowa and John Boozman of Arkansas launched their attack in a letter to Environmental Protection Agency Administrator Michael Regan who recently …
Possible rail strike would affect Oklahoma rail service
If you haven’t paid attention to the possibility of a nationwide railway strike, you should. Here’s what has happened as the deadline of 12:01 a.m. Friday approaches oh so quickly. BNSF Railway, which operates throughout Oklahoma announced that as of 12:01 a.m. Wednesday, Sept. 13, it will not accept temperature-controlled intermodal traffic, meaning things …
Calyx Energy finds more success in Arkoma Basin
Filings with the Oklahoma Corporation Commission this week showed recent completion of a gas well in southeast Oklahoma. It proved to be the latest success for Tulsa-based Calyx Energy III LLC and its drilling projects in eastern Oklahoma. Calyx filed the report showing the Pittsburg County well had production of 10,343 Mcf of natural …
Enverus expands with acquisition of Spanish solar firm
Enverus, the Austin, Texas-based energy SaaS company, announced it has acquired Madrid-based RatedPower, a SaaS company developing solutions that automate and optimize the feasibility study, analysis, design and engineering of solar power plants and electrical infrastructure to maximize the potential of photovoltaic (PV) plants and reduce their Levelized Cost of Energy (LCOE). Enverus currently serves …