Tulsa’s Helmerich & Payne, Inc. announced that it has priced its previously announced private offering of $550 million aggregate principal amount of 2.900% senior notes due 2031. The company had originally announced an offering size of $500 million in aggregate principal amount. The company stated it intends to use the net proceeds from the …
Liberty announces milestone achievement of 24 hours of continuous pumping time
A Denver-based oilfield company announced it had achieved the milestone of 24-hours of continuous plug and perf pumping for Tulsa’s Kaiser-Francis Company and its operations in the Permian Basin. Liberty Oilfield Services said its team had delivered a full 1,440 minutes pumping time with zero non-productive time and was able to attain the premier …
OGE alerts customers to winter storm rate hike request
Oklahoma Gas and Electric is advising its customers of the firm’s move to seek authority for a rate hike to pay for nearly $875 million in costs from the February winter storm that resulted in rolling blackouts across Oklahoma. Advisories are being sent in the mail with utility bills in which OGE tells its …
ALLETE Announces Third Partner in Energy Center
ALLETE, Inc, the Minnesota-based energy firm with major wind farm operations in Oklahoma announced this week the $20 million sale of part of its ownership stake in a Wisconsin-based energy center. ALLETE sold part of its share in the planned Nemadji Trail Energy Center to North Dakota-based Basin Electric Power Cooperative. ALLETE will …
Devon Energy gifts 47 Ripken STEM centers to Tulsa
Robots, 3D printers and coding tools are now at the fingertips of elementary students and part of daily learning across Tulsa thanks to a historic gift from Devon Energy. Devon partnered with the Cal Ripken, Sr. Foundation to install 47 cutting-edge science, technology, engineering and math (STEM) Centers in Tulsa Public Schools (TPS) elementaries …
Hazy sunrises and sunsets in Oklahoma and western wildfire smoke
A months long study of the impact of smoke from wildfires that burned millions of acres in California and other western states shows significant impact even in Oklahoma. The analysis was of federal satellite imagery and concluded the wildfires also worsened the overall air quality in the Midwest according to a report by NPR’s …
Energy news in brief
** The U.S. Department of Energy (DOE) recently announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-duration storage systems. ** Ford just announced it’s going to dump boatloads of money into Tennessee and Kentucky to create a couple of mega sites for electric vehicle production. In clearer terms, …
More wells in the STACK and SCOOP
A couple of significant oil-producing wells were revealed this week with the filing of completion reports in Oklahoma. Comanche Exploration Co. LLC, based in Oklahoma City reported completion in July of the Lou Ann 12-1h well in Dewey County that had production of 573 barrels of oil a day and 6,502 Mcf of natural …
Wyoming to be site of Williams and Orsted cooperative energy venture
Wyoming could be the site where Williams and Orsted might construct a major wind-powered hydrogen and e-fuels facility in the U.S. The two firms, as reported last week by OK Energy Today signed a memorandum of understanding to look at ‘power-to-x’ opportunities. Orsted, the Danish offshore wind giant agreed with Oklahoma-based Williams to co-develop …
Tallgrass to track, measure emissions on U.S. interstate natural gas line
Operating more than 7,500 miles of pipeline in 8 states, Kansas-based Tallgrass Energy Partners announced it will begin monitoring emissions including methane on its Rockies Express Pipeline. It will make the Leawood, Kansas-headquartered company the first in the U.S. to measure and certify the environmental impact of operations on an interstate natural gas pipeline …