Author's posts
Farmers remain unhappy with Midship pipeline construction damage
Nearly 3 years after taking their complaints of the Midship Pipeline construction to the Federal Energy Regulatory Commission, some Oklahoma farmers remain dissatisfied. They complained about the damage to their land when the $1 billion, nearly 200-mile line was constructed in 2019. It was built by Cheniere Energy and EIG Global Energy Partners, a …
Water meetings planned by Oklahoma Water Resources Board
The Oklahoma Water Resources Board plans a second in a series of stakeholder input meetings across the state. It’s part of the 2025 update of Oklahoma’s Comprehensive Water Plan. Meetings are tentatively scheduled from 1:00–4:00 pm. The board said anyone may attend, but it is especially asking for participation from local officials, water utility suppliers, …
Oil flows again in Keystone pipeline to Cushing Hub
As if the Cushing Hub in Oklahoma didn’t already have supply problems, crude oil from Canada that flows through the Keystone pipeline was stalled this week. It only added to the dangerous levels of crude supplies at the hub. The flow was interrupted this week and the pipeline remains operational at nearly half of …
Energy quick reads
** Utah made $1.4 billion in royalty revenue from gas and oil production on public lands over the last decade. But a nonpartisan watchdog group reports that taxpayers missed out on millions because of the below-market royalty rate that the federal government charges oil and gas companies while also footing the bill for cleaning up …
Storms leave thousands without power in Oklahoma
A strong series of thunderstorms, caused by the arrival of a cold front, brought 90 mile an hour destructive winds in southwest Oklahoma and left thousands of customers without electrical power. One building was reported to have been destroyed by strong winds in Frederick in the southwest part of the state. Oklahoma Gas and …
Crude oil prices hit with 5% drop and OK energy stocks fell too
Crude oil prices plunged by more than $5 in Wednesday’s trading and most Oklahoma energy stocks followed suit with one energy company recording an 8% tumble in the value of its shares. What prompted the big drop in crude? Fuel demand destruction along with a bleaker economic picture. At least, that’s what the experts …
Cushing Hub in dangerous crude oil storage territory
Crude oil stocks at Oklahoma’s Cushing Hub remained in dangerous territory or close to the minimum operating level, according to the latest petroleum storage update from the federal government. The U.S. Energy Information Administration reported that in the past week, Cushing managed an increase of 100,000 barrels of oil, creeping up from the 22 …
Helicopter flyovers result in $700,000 in EPA fines for firms in New Mexico’s San Juan Basin
Three energy firms operating in New Mexico’s San Juan Basin have been hit with nearly $700,000 in penalties from the EPA for air quality violations discovered through helicopter flyovers. The firms were Logos Operating, LLC, DJR Operating, LLC and Enduring Resources, LLC. They not only have to pay the civil penalties but also carry …
Sen. Mullin thanks Oklahoma’s manufacturers
Oklahoma U.S. Sen. Markwayne Mullin says it’s clear, Oklahoma is open for business. It’s what he highlighted this week which was set aside as National Manufacturing Week, pointing to the growth of small businesses, stakeholders and manufacturers, all 4,200 of them. He credited a few things for the state’s successful manufacturing sector, including the …
Oil and gas put some Oklahomans on Forbes 400 list of billionaires
Oil and gas made Harold Hamm a billionaire. It is why he still on the list of the Forbes 400, the list of the nation’s wealthiese people. Forbes came out with the list this week and ranked the 77-year old leader and founder of Continental Resources as number 30 on the list of 400. …