Oklahoma’s rig count held steady for another week as the latest Baker Hughes report showed the state maintaining a count of 65 working oil and gas rigs. Baker Hughes reported the national count fell by 5 to 760. The decline included a loss of 9 oil rigs to 596 while the number of gas …
States in EPA noncompliance for regional haze pollution plans
New Mexico, Iowa, Louisiana and Missouri are among 15 states that received noncompliance notices from the EPA for failing to submit plans to reduce regional haze pollution as required by the Clean Air Act. The EPA gave the states two years to submit a plan that is within EPA guidelines or else the federal …
OKC’s Flywheel Energy makes major expansion in Arkansas shale play
Oklahoma City’s Flywheel Energy just expanded its holdings by 5,000 wells in the Fayetteville Shale play of Arkansas in a purchase from Exxon Mobil Corp. The purchase price was not disclosed by either company but when Exxon acquired the 381,000 acres in 2010, it was in a $650 million deal. Flywheel’s acquisition includes 850 …
Headlines of other stories
** President Joe Biden on Friday brought back John Podesta, a behind-the-scenes veteran at getting things done on climate in past Democratic administrations, to put into place an ambitious U.S. climate program newly revived by $375 billion from Congress. ** Centennial Resource Development Inc. and Colgate Energy Partners II LLC completed their merger on Sept. 1, marking …
Next New Mexico legislative session likely to bring more rules targeting oil and gas
New Mexico’s oil and gas industry will likely be targeted by the state’s legislature when it meets again in January. In the just-concluded legislative session, oil and gas regulators sought more funding to enact new rules and regulations that targeted air pollution from fossil fuel operations. The Carlsbad Current-Argus reported more such bills and …
Xcel’s Colorado customers couldn’t lower their thermostats
Xcel customers in Colorado learned the hard way this week about who really controls their home thermostats. Some 22,000 customers who joined the company’s AC Rewards program were locked out from controlling their own air conditioners on Tuesday. Excel remotely set their thermostats at 80 degrees according to Blaze Media. Click here for Blaze …
Crude fell again and so did Oklahoma energy stocks
China’s latest COVID-19 lockdown measures made investors nervous on Thursday as they sent crude oil prices tumbling more than 3%. Not to mention, there are concerns about high inflation across the U.S. and the rest of the world and then there is the nagging issue of interest rate hikes and what they are doing …
Oklahoma had hottest summer in 11 years
The Oklahoma Mesonet on Thursday reported Oklahoma just experienced its hottest summer on record since 2011. The state finished August with a statewide average of 82.7 degrees according to Gary McManus, State Climatologist with the Mesonet. “On the whole, August was still well above normal and contributed to the hottest climatological summer seen in the state …
Oklahoma town without water drills emergency well
Fresh water might soon return to the Seminole County town of Sasakwa where residents struggled through the summer without water. An emergency well was drilled in the town and water testing is underway reported NonDoc. Click here for NonDoc
Oklahoma’s electricity rates climbed the fastest in the past year
Where are electricity rates climbing the fastest in the U.S.? Right in Oklahoma according to recent data from the U.S. Energy Information Administration. The state saw a 49% increase from June 2021 to June of this year according to a report by Alliance for Electrical Restructuring in Oklahoma. The state went from having the most …