Author's posts
Supreme Court upholds OKC’s use of Sardis Lake water
The Oklahoma Supreme Court upheld a lower court judge’s ruling in favor of the Oklahoma Water Resources Board in a legal fight over a project by Oklahoma City to divert stream water from the Kiamichi River and Sardis Lake in Pushmataha County. As OK Energy Today a few years ago, the reported case involved …
Mystery investor helps Canoo raise cash
Canoo Technologies announced this week that it has entered into a purchase agreement with a foreign strategic institutional investor, for an investment of $45 million. Canoo and the investor, described as an unnamed foreign strategic institutional investor, agreed to work together in good faith to negotiate one or more additional investments for up to …
Natural gas exports made gains in first half of 2023
The U.S. government reported Wednesday the nation saw an increase in exported natural gas in the first half of 2023 compared to the same period of any previous year. Undoubtedly, some of that natural gas came from Oklahoma and other oil and gas producing states. The U.S. Energy Information Administration stated natural gas exports …
Most trusted energy companies in the world?
When it comes to businesses being considered trustworthy, a new Newsweek and Statista survey found there is very little trust in U.S. energy companies, and certainly none in Oklahoma firms. However, the survey involved firms that had more than $500 million in annual revenue, so it didn’t apply to some U.S. and Oklahoma energy …
Ovintiv finds major producing wells near El Reno
Imagine three wells on a single pad producing more than 5,000 barrels of oil a day. It’s what Ovintiv did earlier this spring in completing three Canadian County wells, each producing from 1,400 barrels to nearly 2,000 barrels a day. The Jorge wells are located at 7 14N 7W in Canadian county and at …
Energy briefs
** A new directive that the Biden Administration quietly issued in September 2023 will accelerate the shift from the government buying fossil fuel vehicles to electric vehicles. The administration directed U.S. agencies to begin considering the social cost of greenhouse gases when making purchase decisions and implementing their budgets. ** U.S. Treasury Secretary Janet Yellen said on Tuesday the United …
Dems want moratorium on carbon capture pipelines
A dozen Democrats in Congress want President Biden to stop approval of any new carbon dioxide pipelines in the nation until updated federal safety regulations are finished. They’re targeting some of the carbon capture and storage projects underway in Iowa, North Dakota and a few other states. But those projects also face opposition by …
Crude oil prices make small gains while OK energy stocks had a weak recovery
Crude oil prices and Oklahoma energy stocks recorded weak gains in Tuesday’s trading that left U.S. oil prices still just less than $90 a barrel. Both US and overseas crude oil prices rose slightly higher but still felt the pressure from a stronger U.S. dollar and what Reuters described as “darkening global economic signals.” U.S. …
Oil and gas operations in New Mexico to face environmental crackdown by state
Drillers and oil and gas operators in New Mexico will be targeted in the next six months by the State Environment Department in a crackdown on compliance assurance activities. The NMED promised in a release this week that it will “significantly increase” compliance activities in the Permian and San Juan Basins. The state plans …
Oklahoma House study to focus on workforce development
Two Oklahoma legislators want to examine workforce development in the state, especially taking a look at students with a disability and vocational rehabilitation in rural and urban schools. Reps. Ellyn Hefner of Oklahoma City and Jared Deck of Norman, both Democrats, plan to do so at an interim study Wednesday before the House Common …