The Oklahoma legislature on Tuesday sent Gov. Kevin Stitt the utility measures intended to spread the cost of historic February winter storm natural gas over a period of nearly 30 years. Senate Bills 1049 and 1050, if signed into law by the governor will ease consumers’ pain of paying for billions of dollars in natural gas costs …
Denver’s Ovintiv Mid-Continent Inc. did it again in the STACK with a five-well single-pad site that produced more than 4,200 barrels of oil a day. The five Maybel wells, located at 24 16N 8W, a site 3 miles west of Kingfisher and a mile south of state Highway 33, had completion dates in September 2020 but …
Led by Ranking Member Frank Lucas, House Science, Space, and Technology Committee Republicans sent letters to the Department of Energy (DOE) and Office of Management and Budget (OMB) requesting information about the Biden Administration’s efforts and plans to secure our country’s bulk-power system. Electric equipment security is a critical issue and threats to these systems could have devastating impacts …
** New data indicates Permian Basin oil and gas production is now close to pre-pandemic levels. ** A company developing what it says is the first plant converting food waste and wastewater into natural gas won initial approval from a California agency Tuesday to raise $13 million in the tax-exempt debt market to finance it. ** The nation’s largest …
Interior Secretary Deb Haaland was largely noncommittal about the Biden administration’s pause on oil and gas leasing of federal lands during her first congressional hearing on Tuesday. Instead, she focused on asking for more money for Indian tribes and climate change initiatives as she went before the House Interior-Environment Appropriations Subcommittee reported the Daily Montanan. …
The Oklahoma Supreme Court has overturned a lower court’s $19 million attorney fee award and a $400,000 incentive award in a class action lawsuit filed against Continental Resources Inc and lasted for years. The ruling came in an appeal filed by Daniel McClure, an attorney and a mineral interest owner in the case. The …
Rural electric buses have come to the Cherokee Nation in eastern Oklahoma. The tribe unveiled two of the electric transit buses and new charging stations this week to transport employees and tribal citizens to work and tribal health centers. The buses are described as the first of their kind in the state. The …
Oklahoma Gas and Electric, a subsidiary of Oklahoma City-based OGE Energy Corp. , announced that it will expand its Choctaw Nation/OG&E Solar Energy Center in Durant, Oklahoma by an additional 5-megawatts (MW), bringing the total solar capacity to 10 MW. OG&E will construct, own and operate the additional 5MW expansion, which is expected to come online by the …
Oklahoma-based Love’s Family of Companies joined with Cargill in announcing a 50/50 joint venture in producing and marketing renewable diesel fuel. The two companies plan to construct a new production plant in Hastings, Nebraska, one with the ability to produce an estimated 80 million gallons annually of renewable diesel, a green fuel experiencing strong, …
Oklahoma City-based Mammoth Energy Services, Inc. will hold its annual meeting of stockholders on June 2, 2021. A proxy filing by Mammoth with the Securities and Exchange Commission indicated the meeting will be held at 10 a.m. Central Time at 14201 Caliber rive, Suite 300 in Oklahoma City. The meeting will include the election …