Nebraska regulators signed off on approving a plan by Northwestern Energy to recover the more than $25 million it spent on natural gas supply costs during the February winter storm that hit the middle of the country. Under the plan, Northwestern will recover the costs over a two-year period. Click here …
Gas potential of central Kansas to be studied
A report indicated a study will be underway to review the reserve potential for 11,000 acres of oil and gas properties in the central part of Kansas. Infinity Energy Resources based in Overland Park, Kansas and known for its oil and gas exploration offshore of Nicaragua in the Caribbean Sea will turn its attention …
Senators introduce surface transportation bill
Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Environment and Public Works Committee meet Wednesday to consider early approval of a bipartisan bill to provide new funding for transportation priorities. The measure was introduced by Sens. Tom Carper (D-Del.) and Shelley Moore Capito (R-W.Va.), the top two lawmakers on the Senate Environment and Public Works Committee, …
Interior Secretary urged not to list Lesser Prairie Chicken
Senators of a handful of oil and gas-producing states, including Oklahoma’s Jim Inhofe and James Lankford are urging Interior Secretary Haaland not to put the Lesser Prairie Chicken on the list of endangered species. Sens. Inhofe and Lankford were joined by Sens. Jerry Moran (R-KS), Roger Marshall (R-KS), Ted Cruz (R-TX), and John Cornyn (R-TX). …
Early WPX notes tender results announced by Devon Energy
Devon Energy on Monday announced early tender note results totaling more than $1.9 billion for outstanding notes of WPX Energy following the merger of the two firms. The company stated that the early results represent approximately 97.23% of the total outstanding principal amount of the WPX Notes and at least a majority of the aggregate outstanding …
Energy Secretary hopes to make Oklahoma ‘epicenter’ of hydrogen fuel industry
If Grand River Dam Authority CEO Dan Sullivan is correct, Oklahoma could become an ‘epicenter’ of hydrogen fuel and the growing industry. As the political news website NONDOC reported this week, it is the goal of Oklahoma Energy Secretary Ken Wager to drive $1 billion in commitments of investment to develop the industry in …
Energy news in brief
** A federal judge rules that the Dakota Access pipeline can continue operating during an updated environmental review. Attention now turns to the U.S. Army Corps of Engineers as it completes the court-ordered environmental impact statement. ** The world’s largest microchip maker is buying tanker trucks full of water to keep its plant going as farmers struggle to make ends meet …
Cimarex Energy and Cabot Oil and Gas to combine in all-stock merger of equals
Denver’s Cimarex Energy Co., a firm with heavy exploration efforts in Oklahoma announced Monday it is merging with Houston-based Cabot Oil & Gas Corporation in an all-stock deal worth nearly $17 billion. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Cimarex shareholders will receive …
Iowa pushes to be known for solar power industry
While Iowa might have a reputation of a strong wind energy industry, two solar energy groups recently joined efforts and proclaimed the state very well could be known for its solar energy as well. KWWL in Iowa has a report. Click here.
Bankrupt Texas frac sand company liquidating Wisconsin mine
A Texas-based frac sand mining company that declared bankruptcy last year is liquidating one of four Wisconsin mines. Prior to the filing, Hi-Crush Proppants of Houston was one of Wisconsin’s biggest producers of sand used in hydraulic fracturing for oil and natural gas. Click here for story from Wisconsin Public Radio.