Among the $14 million in U.S. Department of Energy grants awarded this week to researchers to study how solar projects affect wildlife, is a study that will focus on such projects in Oklahoma, Arkansas and Kansas. The University of Arkansas at Fayetteville received a $1.3 million grant to study large-scale solar facilities and how …
Williams offers update on clean hydrogen partnership
Williams announced progress on its clean hydrogen commercialization strategy with a recently signed memorandum of understanding (MOU) with Daroga Power, a New York-based investor and developer of distributed generation energy assets including hydrogen fuel cells and solar power generation. Williams and Daroga are working to identify long-term, end-use customers for clean hydrogen as well …
Laredo Petroleum’s 3Q oil and gas production results released
Ahead of its third quarter financial results to be released next month, Laredo Petroleum Inc. disclosed its quarterly oil and natural gas production. Prior to the third quarter release, the Tulsa company revealed its quarterly production averaged 79.5 thousand barrels of oil equivalent a day, which is within the guidance of 78.5 to 8.5 …
Grady county gas wells drilled by Continental Resources
Turns out that Continental Resources really had four producing wells on the same pad in Grady County with combined production of nearly 1,200 barrels of oil a day but the amount of combined gas production was nearly 35,000 Mcf a day. OK Energy Today reported earlier in the week that the Oklahoma City oil …
Most of Kansas is eligible for drought aid from USDA
Oklahoma isn’t the only state suffering under a growing drought. So is Kansas where nearly all of the state along with about half of Missouri are in bad enough shape that a federal program was activated to help ranchers. Eighty-five of the 105 counties in Kansas are eligible for assistance reported the Kansas Reflector. …
Tax withholding move–not sale of shares for Continental Resources executive
A correction to our story about a Continental Resources executive selling shares in the company before the announced takeover by founder Harold Hamm. Robert Hagens, Senior Vice President of Land at Continental did not make an open market sale of the 18,292 shares in the company. Instead, as a spokesman explained, it was “simply …
Is there a ‘for sale’ price on the Keystone pipeline?
Speculation is all it might be, but there’s a report that TC Energy Corp. might consider selling billions of assets to fund projects in Mexico and Western Canada—and one of those assets might be its Keystone oil pipeline that runs through Oklahoma. The speculation hasn’t prompted any response from TC Energy. The firm said …
Energy headlines elsewhere
** President Joe Biden is reportedly set to release 14 million more barrels of oil from the federal government’s stockpile. That last batch of oil from the Strategic Petroleum Reserve could bring down creeping gas prices. ** New Jersey Gov. Phil Murphy’s administration sued Exxon Mobil, Shell Oil, Chevron, BP, ConocoPhillips and the American Petroleum Institute …
Crude oil and natural gas prices dropped Tuesday while OK energy stocks made gains
Not only did crude oil prices drop in Tuesday’s trading but natural gas futures did as well, taking a 4% hit to reach a three-month low. The slides happened as oil and European gas prices dropped and milder U.S. weather is in the forecast for the next two weeks. West Texas Intermediate crude oil for …
Takeover by Harold Hamm was big news
Harold Hamm’s pending $4.3 billion takeover of Oklahoma’s Continental Resources drew lots of attention, not only in the oil and gas industry but across the nation’s business section. Here’s how it was headlined by Bloomberg. Shale Titan Hamm Ups Continental Offer in Bid for ‘Freedom’ Oil tycoon sees ‘freedom to invest’ as a closely …
