Chesapeake Energy Corporation announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion. “We are pleased to have successfully completed the exit of our Eagle Ford asset, allowing us to …
The $218 million rate hike request in Kansas by Evergy certainly has the attention of many of its customers, largely beccause if approved, the hike would include an additional $14.24 a month in their electric bills. The rate hike request, filed in April, has yet to be heard by Kansas Corporation Commissioners. It was …
Environmentalists and proponents of going all green with solar and wind power don’t want to hear what Williams President and CEO Alan Armstrong said during the company’s second quarter 2023 earnings webcast. “Simply put, you cannot implement and accelerate wind, solar and large-scale electrification without having natural gas as a reliable, complementary partner to …
Oklahoma officials have apparently decided the financial challenges of electric vehicle maker Canoo are not so great and that the firm is worthy of $100 million in incentives. The Tulsa World reported the EV maker revealed the agreement and documents prior to an earnings call this week. Click here for Tulsa World
The anti-fossil fuel people have now come up with board games in their belief the industry should be totally eliminated. In the games, the object is to eliminate fossil fuels and replace them with wind and solar farms. Click here for Cowboy State Daily
The matter of the latest rate hike request made by Public Service Company of Oklahoma, one reduced to $155.2 million or $3.57 more a month for consumers, will be considered Tuesday by Oklahoma regulators. The Oklahoma Corporation Commission will consider the recommendation of Commission Administrative Law Judge Linda Foreman that the rate hike be approved. …
A new review by an environmental group of OSHA records shows the CHS Refinery in McPherson, Kansas has the second highest number of work-related injuries at U.S. refineries in the past five and one-half years. The review of OSHA data by Oil and Gas Watch revealed the refinery had 73 injuries and no deaths during …
Lower oil and gas collections for July push Gross Receipts to the state Treasury down, State Treasurer Todd Russ announced. When comparing this July to last July, the totals reveal a drop of $61.1 million or 4.4 percent. The monthly comparison also shows the Gross Production Taxes from energy production fell from $187.2 million to …
Remember the days of “Paper or Plastic” as you checked out of the grocery store? They’re gone but there is an apparent return to paper. Witness what happened this past week in Lawrence, Kansas where the city council voted to ban single-use plastic sacks or bags. Click here for Kansas Reflector
More oil and gas drilling rigs are being taken down and hauled to storage across the country. For another week, the U.S. saw a decline in the number of oil and gas rigs, based on numbers provided this week by the Baker Hughes Co. Oklahoma recorded an increase of one rig. The company reported …