Six wind farm facilities across Oklahoma, Texas and Illinois have been installed with charging stations as part of Apex Clean Energy’s deployment project with Boston-based XL Fleet Corp, according to a company press release issued Wednesday. The equipment includes 12 dual-port, level 2 chargers that were installed at the designated wind farms. The charging infrastructure …
Crude oil rebounds Tuesday with 3% gain–OK energy stocks up too
After Monday’s slump, oil prices rebounded with a 3% gain on Tuesday but analysts say investors remain cautious about the impact of the Omicron coronavirus variant on holiday travel plans. The rebound was also seen by Oklahoma energy stocks. West Texas Intermediate crude oil for February delivery went up $2.89 to finish the day …
Tar Creek Superfund site plan available for public viewing
Trustees of the 2,500-square mile polluted area known as the Tar Creek Superfund site in northeast Oklahoma and southeast Kansas are pushing ahead with a restoration plan. The Oklahoma Department of Environmental Quality announced the Tar Creek Trustees are seeking comments on a Draft Phase 1 Restoration Plan/Environmental Assessment (Draft Phase 1 RP/EA). The …
Chesapeake Energy achieves certification for Haynesville operations
Chesapeake Energy Corporation (NASDAQ: CHK) is the first company to certify Haynesville natural gas operations jointly under the MiQ methane standard, and the EO100TM Standard for Responsible Energy Development, which covers a broad range of environmental, social and governance (ESG) criteria. The certification includes Chesapeake’s legacy Haynesville Shale operations with production volume of …
Wednesday headlines of other energy stories
** Presidio Petroleum LLC is in advanced talks to acquire around 5,000 shale gas wells from U.S. oil producer Exxon Mobil Corp, two people familiar with the matter told Reuters on Monday. Exxon’s XTO Energy unit has been seeking buyers for its holdings in the Fayetteville Shale in Arkansas, part of the company’s drive to raise …
Permian to break daily oil production record
The government predicts oil output in the Permian Basin will be more than 5 million barrels a day in January. The forecast comes from the U.S. Energy Information Administration reported Zacks. Click here for Zacks report.
Devon Energy’s project Santa delivers almost 1,700 gifts
In 2020, Devon Energy employees launched Project Santa to brighten the holiday season for Eddy and Lea County families in southeast New Mexico. This year the program broke previous records in collecting Christmas gifts for families in need. The company’s employees delivered 1,698 presents to the United Way in Lea County and Angel Trees in Eddy and Wink counties, dramatically exceeding last year’s total of 1,200 gifts. “We …
Omicron hits crude oil prices and Oklahoma energy stocks
Crude oil prices in the U.S. dropped below $70 a barrel as the Omicron coronavirus variant spread in Europe and across the U.S., creating more concerns from investors that fuel demand could be hurt by new restrictions. The fallout was felt by Oklahoma energy stocks. West Texas Intermediate crude for January delivery fell $2.63 …
Senators introduce bill to stop Biden’s attack on marginal wells
Senators James Lankford (R-OK) and Roger Marshall, M.D, (R-KS) led a group of colleagues in introducing the Marginal Well Protection Act to prevent the Environmental Protection Agency (EPA) from levying excessive methane emission fees for wells that produce less than 15 barrels of oil and less than 90 Mcf (90,000 cubic feet) of natural gas per day. …
Drilling to increase in Oklahoma
More oil and gas drilling is planned in Oklahoma’s STACK and SCOOP plays as companies are beginning to line up with permits to drill approved by state regulators. In Canadian County, Citizen Energy III LLC has plans for the DARROW TRUST #2H-7-6 and DARROW TRUST #4H-7-18 wells to be drilled on the same pad at 07 10N 5W, …