** The infrastructure deal struck by a group of bipartisan senators and President Joe Biden on Thursday includes partial funding by a proposed $6 billion sale from the U.S. emergency oil reserve, according to a document circulated by Republican lawmakers. ** About 285,000 Tesla vehicles in China will have their Autopilot software updated remotely because drivers …
Earthquakes in Permian Basin are still under study
Just as Oklahoma experienced large earthquakes in the past several years that were believed linked to expansive wastewater wells and oil and gas exploration, the Permian Basin in West Texas is going through the same situation. The Texas Railroad Commission has an investigation under way into the quakes that largely occur between Odessa and …
Large solar carport powers 3 state buildings in Santa Fe
A nearly $7 million solar carport has gone operational in Santa Fe, New Mexico powering electricity for state buildings. The 1.6 megawatt structure is powering three government buildings and was constructed as part of the State Buildings Green Energy Project according to the New Mexico General Services Department. The carport is expected to supply …
Devon’s 2019 drilling efforts pay off in 2021 in Oklahoma’s STACK
While there are reports of a 400% increase in fracking crews in the U.S. some of those crews were busy this past spring in Oklahoma’s STACK play. One of the most recent indications was a completion report filed by Devon Energy for a well completed in Kingfisher county. The Privott 17_20-16n-9w 2hx was …
Crude oil prices hit 3-year high
A slight increase on Thursday left crude oil prices at their highest mark in three years and brought Oklahoma energy stocks along for the ride with slight gains. West Texas Intermediate crude for August delivery, considered to be the U.S. benchmark rose 22 cents and finished the day at $73.30 a barrel in trading …
Anadarko Basin sees major jump in rig activity
Austin, Texas-based Enverus Rig Analytics reported an increase this week in the nation’s rig count with a significant jump in rig activity in Oklahoma and other Anadarko Basin states. It reported the total increased by 8 over the past week to 534 as of June 23 reflecting a 3% increase in the past month …
Hamm warns US cannot afford to shut down shale oil operations
Are $100 a barrel oil prices realistic? Continental Resources Executive chairman Harold Hamm in Oklahoma City says they are possible. “Is it possible? Sure it’s possible,” he told Maria Bartiromo during a Thursday morning interview on Fox Business News. In the same interview he said the world cannot allow China and India to continue …
Appeals court stands by Williams in Kansas lawsuit
A Federal Appeals Court has upheld a lower court ruling in support of Tulsa-based Williams Cos. which was accused of engaging in illegal natural gas price-setting practices 16 years ago in Kansas. The 10th U.S. Circuit Court of Appeals issued its ruling in a lawsuit brought by then-known Farmland Industries which accused Williams of …
Most U.S. wind capacity built since 2011 is located in the center of the country
The growth of wind farms in Oklahoma goes hand in hand with the rest of the central part of the country according to a new report from the U.S. Energy Information Administration. The EIA reported this week that wind capacity in the United States has increased significantly over the past decade, from 40.1 gigawatts …
Boil order lifted at Guthrie tavern’s water system
A state agency has given the all-clear for a water system located in Guthrie. The Oklahoma Department of Environmental Quality announced the boil order for the Rock A Way Tavern water system has been lifted, stating that the water is now safe for human consumption. Last week’s order to boil water was issued …