Author's posts
Colorado becomes first state to tie pollution reduction to oil and gas production
The state of Colorado proposed another rule targeting the oil and gas industry in the state. It now wants to reduce pollution with what is described as a “first-in-the-nation” program tying air emission reductions to the amount of oil and gas produced. The state’ Air Quality Control Commission has finished creation of steps to …
Continental Resources increases southern Oklahoma exploration
The effort by Continental Resources to do more exploration in southern Oklahoma paid off with a nearly 1,200 barrel a day oil well in Stephens County. The firm filed a completion report this week on a well completed April 14, 2023 at 29 1N 4W, a site several miles north of the city of …
Power cutoffs fall under spotlight with record high temperatures
With record high temperatures hitting the nation, the issue of electricity cut-offs by utilities comes more and more into focus. As OK Energy Today recently reported, Summit Utilities, based in Arkansas but with thousands of customers also in Oklahoma, is in negotiations with Arkansas regulators in a bid to resume shutoffs. The Attorney General …
Oklahoma credit rating reaffirmed by S and P Global Ratings
S&P Global Ratings has issued a revised outlook for the State of Oklahoma, elevating its status from stable to positive, and affirmed the state’s ‘AA’ long-term issuer credit rating, State Treasurer Todd Russ announced Tuesday. The upgraded outlook from stable to positive applies to the appropriation-backed outstanding debt of the Oklahoma Development Finance Authority (ODFA) …
ONEOK files more proxy material for Magellan Midstream merger
ONEOK, Inc. announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with ONEOK’s pending acquisition of Magellan Midstream Partners, L.P. The ONEOK Special Meeting of Shareholders is scheduled to take place on Sept. 21, 2023, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The Special …
Headlines
** The fate of a controversial natural gas pipeline in West Virginia may rest with the U.S. Supreme Court, as the state appealed a lower court’s ruling that temporarily blocked construction despite a Congressional order clearing the way for the project. ** The Biden administration is considering a new set of tariffs on some steel …
Latest battle plan to target pesky red cedar trees in Oklahoma
Another effort is being proposed in Oklahoma’s seemingly never-ending fight against red cedar trees along the North Canadian River. State Rep. Mike Dobrinski, R-O’Keene, filed a bill to spend $3.2 million to target the trees on 5,000 acres of the North Canadian River watershed stretching from the Panhandle to Oklahoma City. Dobrinski calls it …
Refinery shutdown in Louisiana could mean higher gasoline prices
Oh oh. Gasoline prices might take a jump following the shut down of an Exxon Mobil Corp. refinery for unexpected repairs. It happened at Exxon’s Baton Rouge, Louisiana refinery, one of the largest in the nation and the shutdown could last for much of the rest of the summer driving season according to a …
Permits to drill for July 24, 2023
Caddo County TRIPLE CROWN 11-12-33-28 #1HW, July 24 2023 33 11N 12W NWSWSESW API: 01523340 Lat: 35.37826221275581, Long: -98.47814323677042 STAGHORN PETROLEUM II LLC MU, DR, 28630 ft, WOODFORD(18108) Creek County FISHER #2, July 24 2023 06 14N 10E E2NWSWNW API: 03729510 Lat: 35.721401692049774, Long: -96.29720915491075 WFD OIL CORPORATION SH, DR, 3525 ft, RED FORK(2180), BARTLESVILLE(2440), TANEHA(2620), DUTCHER(2730), …
Completion reports for July 24, 2023
STEPHENS COUNTY Continental Resources Inc Sycamore(10369): Oil 1187 Gas 2287 Water 5724 Flow 29 1N 4W Ringer Ranch 2-20-17xhm, April 14, 2023 HH, OIL, TD: 20638 ft Lat: 34.53490, Long: -97.64559 API: 35137276880000 WOODS COUNTY Klo Llc Simpson Group: Gas 100 Flow 12 24N 13W O’neil 1-12, May 17, 2022 SH, GAS, TD: 7716 ft Lat: 36.57502, Long: -98.53981 API: 35151246010000