A recent completion report shows Calyx Energy III LLC brought in a gas well with 9,009 Mcf of natural gas in Hughes County. Located at 14 8N 12E ,several miles southeast of Wetumka near the South Canadian river, the Hamilton 3-14-2WH had a January 2020 spud date and drilling was finished April 14 with completion …
Oklahoma Corporation Commissioners meet Tuesday morning for their regular session of dealing with matters. It is expected to again be a virtual meeting at 9:30 a.m. The business matters at hand include the daily signing agenda docket, possible votes on proposed or potential orders in causes on the agenda docket, the handling of any …
It’s a deal. ConocoPhillips and Concho Resources announced Monday they have entered into a definitive agreement to combine companies in an all-stock transaction, one that will make ConocoPhillips the largest independent oil and gas company. The new ConocoPhillips will have a pro forma production of over 1.5 million barrels of oil equivalent per day (MMBOED). …
Oklahoma City’s Chaparral Energy has emerged from its Chapter 11 bankruptcy with a new revolving credit as well as a new board of directors. The company said it emerged as a private, non-SEC filing company as well and successfully completed its financial restructuring. It also managed to equitize all $300 million of its unsecured …
Experts predict that by 2040 that at least 80% of the cars and trucks on Oklahoma highways will be electric vehicles. Mustang Rep. Brian Hill wants the state to be prepared with the challenges of EV traffic and recently as part of an interim study held by the State House of Representatives. The Tuttle …
Friday was just not a good day for energy companies as they saw the value of their shares slide downward in trading. So the leaders of those Oklahoma energy firms will be looking for improvements on Monday. Here’s how some of the local stocks did. Alliance Resource Partners dropped 5 cents or nearly 2% …
Oil futures slipped a bit on Friday as rising COVID-19 cases in the U.S. and Europe heightened worries about demand for crude, but prices finished higher for the week, partly due to assurances from OPEC+ that it remains committed to production cuts. West Texas Intermediate crude for November delivery fell 8 cents, or 0.2%, to …
Kansas regulators plan a public hearing in November to receive input on electric rate options for those who use solar panels. The Nov. 5 virtual hearing will be at 6 p.m. and be held by the Kansas Corporation Commission. In September 2018, as part of a Westar (now Evergy) rate case, the Commission approved a …
Array Technologies, a New Mexico-based maker of solar tracking systems, launched onto the Nasdaq Global Market late last week, capping one of the biggest U.S. renewable energy IPOs of recent years. In listing its shares publicly, Array is riding two trends: growing demand for equipment that allows solar projects to squeeze out more power and …
Amazon will put 10,000 custom Rivian electric delivery vans on the road “as early as 2022,” the company said in a blog post last week revealing the design. Utility Dive reported the vans include sensor detection, a suite of highway and traffic assist tools, cameras to facilitate a 360-degree view around the vehicle, and multiple safety features …
