The state capitol news group NonDoc raised questions whether the Grand River Dam Authority might be exploring an expansion of its abilities to sell more electrical power. On the heels of the GRDA’s recent $1.2 million acquisition of the Honey Creek Resort and Motel, something OK Energy Today reported last week, NonDoc notes …
Spreading out impact of February gas costs in Arkansas
Arkansas consumers will likely see the historic gas costs from the February winter storm spread out by state utilities from several months to several years. That’s according to the state’s Public Service Commission which is dealing with requests from utilities to deal with the massive jump in gas cots incurred during the storm. Some …
BP to end gas flaring in Permian by 2025
A major producer in the Permian Basin, BP Plc plans to spend more than $1 billion on construction of a network of pipes and infrastructure to collect and capture natural gas from its oil wells in Texas and New Mexico. The plans will eliminate routine flaring of natural gas in the basin by 2025 …
North Dakota anticipates increased oil and gas revenue
Leaders in North Dakota believe their state will get $1 billion more in oil and gas revenue than they had planned for the state budget. Higher oil prices are leading the way as North Dakota, a state with heavy investments by some Oklahoma energy firms such as Continental Resources, could get up to $4 …
Attorney General Hunter Opposes Biden Administration’s Attempted Takeover of Mining and Reclamation in Oklahoma
Attorney General Mike Hunter sharply rebuked Pres. Joe Biden’s Interior Department’s Office of Surface Mining Reclamation and Enforcement for its attempted takeover of regulating coal mining and reclamation activities on land in Oklahoma subject to the McGirt decision. OK Energy Today reported last week that the Interior Department made the move. The response comes after the agency’s deputy …
Big wells reported in Grady County by Citizen Energy III
Tulsa’s Citizen Energy III LLC reported completion of four wells on a single pad in Grady County with production of nearly 2,500 barrels of oil a day. The Bridge Creek wells, located in Bridge Creek near state highways 37 and 4 had spud dates in September 2020 at a site located at 14 9N 5W. …
US crude oil prices still above $63
Crude oil prices fell Friday in trading but US prices remained above the $63 mark at the New York Mercantile Exchange. West Texas Intermediate crude for May delivery dropped 33 cents to $63.13 a barrel. Global benchmark Brent Crude for June delivery slipped 17 cents to $66.77 a barrel in ICE Futures Europe. May …
Lineworkers honored on Sunday
Sunday, April 18, is National Lineworker Appreciation Day and Public Service Company of Oklahoma (PSO) wants to give a tip of the hard hat to those workers who keep our lights on. Established in 2013, National Lineworker Appreciation Day is a day to honor those who put their lives on the line to …
Texas energy companies push back against Berkshire Hathaway’s $8 billion plan for backup power
Billionaire Warren Buffett apparently sees a way to make money off the woes of Texas following the February winter storm. His Berkshire Hathaway Energy’s $8.3 billion plan to build 10 new natural gas power plants across the state for emergency use has been formally introduced in the form of a bill in the Texas …
Renewables protest proposed new laws in Texas
Texas lawmakers apparently have a fight on their hands over proposed new laws to make wind and solar farms pay for services to ensure the flow of power on the grid stays smooth and steady. Three big power companies, the biggest in the country wrote lawmakers charging that the proposed new laws would create …