Saturday , May 18 2024

Energy News

Crude slipped in Wednesday’s trading but OK energy stocks recorded gains

Crude oil prices dropped in Wednesday’s trading while Oklahoma energy stocks headed in the opposite direction. Investors looked to make profits from two straight days of gains for crude oil prices. West Texas Intermediate crude dropped 23 cents or 0.3% to close at $72.97 a barrel on the New York …

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Quick reads of other energy stories

** An oil tanker owned by a major U.S.-traded transportation company appears to be taking on Iranian crude oil in a key Asian maritime strait in violation of American sanctions, an advocacy group alleges. The firm allegedly involved, Euronav, said Wednesday it will “take appropriate action when necessary.” ** North …

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Smart electric meters arrive in Amarillo

  Xcel Energy and its smart electric meters arrived this week in the city of Amarillo. The  first such meter was installed by the company and eventually the company hopes to install ore than 275,000 of them in the company’s service area in the coming two years according to the …

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Summit Utilities welcomes any investigation of its rates in Arkansas

  Accused in a lawsuit of price gouging and the target of investigative efforts by the Arkansas Attorney General, leaders of Summit Utilities say they welcome any probe of their rates and how they came to be. They suggest their books are open for review. The Colorado-based company, one that …

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Completion reports for March 28, 2023

CANADIAN COUNTY Paloma Operating Co Inc Mississippi Solid(10305): Oil 253 Gas 1180 Water 912 Flow 11 14N 9W Clyde Hansen 11_2-14n-9w 2mhx, December 19, 2022 HH, OIL, TD: 21474 ft Lat: 35.69718, Long: -98.13336 API: 35017258310000 Paloma Operating Co Inc Mississippi Solid(10402): Oil 345 Gas 1578 Water 1193 Flow 11 14N 9W Clyde Hansen 11_2-14n-9w 3mhx, December 18, 2022 HH, OIL, …

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Permits to drill for March 28, 2023

Ellis County GRICE 28/21 MD #1H, March 28 2023 33 19N 24W NENENWNW API: 04523896 Lat: 36.08544707511906, Long: -99.77091352796162 MEWBOURNE OIL COMPANY HH, DR, 20050 ft, CHEROKEE(9450) Logan County BETTY 26-18-3 #1HO, March 28 2023 35 18N 3W SENENWNE API: 08324472 Lat: 35.99838176195107, Long: -97.48467583079658 BCE-MACH III LLC HH, DR, 10665 ft, …

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Corporation Commissioner pounds away at 2021 storm “cost discrepancies”

  Oklahoma Corporation Commissioner Bob Anthony made it clear at Tuesday’s Commission meeting he won’t let up in recovering what he contends are millions of dollars in “cost discrepancies” that consumers are paying in the 2021 storm securitization used by PSO, OGE and ONG. “There are substantial discrepancies that amount …

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Correction to BLM sale of solar use of Colorado land

  A correction to the story we carried this week regarding the solar auction to be carried out by the Bureau of Land Management in southern Colorado. We characterized the story as indicating the BLM would sell the land but in all reality, it is simply selling the right for …

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Energy firm to pay $6.2 million for emissions in New Mexico’s Permian Basin

  After EPA flyovers by aircraft in 2019 detected the release of large amounts of emissions in the Permian Basin, a Dallas energy company has agreed to pay a $6.2 million settlement with New Mexico and the federal government. Matador Production Company’s well pads were caught with the emissions and …

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PSO honored with EPA’s Energy Star Award 2023

  Public Service Company of Oklahoma has been selected as an ENERGY STAR Partner of the Year for Sustained Excellence. The award is reserved for ENERGY STAR partners demonstrating outstanding leadership, year over year, from the U.S. Environmental Protection Agency and the U.S. Department of Energy. “The 2023 ENERGY STAR …

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