Work is expected to begin soon on northern Oklahoma’s latest wind farm—the Maverick Wind Energy Center which will be built in the eastern part of Major County. Emily Brumit, Maverick Wind Energy Center developer, said Invenergy LLC expects to start construction of the 288-megawatt farm in late fall 2020, with a target operational date …
As of Sept. 1, the Oklahoma Corporation Commission will resume collection of Court Clerk filing fees. The recent announcement by Maribeth Snapp, Judicial, Legislative Services Director for the Commission indicated that all court filing fees must be paid by check payable to “Oklahoma Corporation Commission” and mailed to the commission. Invoices made by the …
Panhandle Oil and Gas expands its holdings with the acquisition of nearly 800 acres in the SCOOP and Haynesville plays. In a $6.9 million deal, Panhandle acquired the assets from Red Stone Resources, LLC. The deal involved $6.4 million in cash and $500,000 in Panhandle common stock. Panhandle planned to raise the cash through …
A political fight is underway over plans by the U.S. Chamber of Commerce to endorse Oklahoma Congresswoman Kendra Horn and it’s being waged by the Oklahoma Chamber of Commerce. The state chamber says Horn has a record against oil and gas, according to a report by The Oklahoman. Click here to read the story.
U.S. energy companies on Saturday continued to restaff offshore oil and gas production facilities in the U.S. Gulf of Mexico, according to data released by the U.S. Department of Interior. Reuters reported there were 122 facilities that were reoccupied as of midday, the data showed. Crude oil production was off 82%, or 1.5 million …
Chesapeake Energy’s bankruptcy move to cancel a nearly $300 million contract won’t be quickly approved in court as the Federal Energy Regulatory Commission has entered the fight. U.S. energy regulators sided with pipeline operator Energy Transfer in a challenge to bankrupt oil and gas producer Chesapeake Energy’s request to cancel a nearly $300 million …
A U.S. Court judge in Austin has ruled against an environmental group and said the nearly-finished $2.3 billion Permian Highway pipeline can continue. Sierra Club in April challenged federal approval of the 428-mile Kinder Morgan Inc pipeline, alleging regulators reviews under a streamlined process were faulty. The line’s path crosses areas with two endangered …
An eastern Oklahoma gravel mine operator who faces a contempt hearing over a Clean Water Act case that he lost in federal court, as well as a second lawsuit on the same grounds, is standing resolute. “I’m being shown to be the bad guy on this deal, and I’ve done nothing wrong,” said Brad …
The slight dip in oil futures on Friday was not echoed by most energy companies with Oklahoma connections. Most energy companies saw their stocks climb in value including Devon Energy where shares finished up 34 cents or 3.15% and settled at $11.10. Chesapeake Energy slipped 15 cents for a 3.28% decline to $4.43 per …
Oil futures ended modestly lower Friday, but tallied a weekly gain a day after Hurricane Laura made landfall on the Gulf Coast as a Category 4 storm but refineries were spared from extensive damage. Now the industry waits to see how traders respond on Monday. West Texas Intermediate crude for October delivery fell 7 cents, …
