Thursday , May 16 2024

Crude oil prices rebounded along with OK energy stocks

  Crude oil prices rose by more than $5 a barrel both in the U.S. and overseas in Monday’s trading as investors were spurred by growing worries over gas supply from Russia and a lower dollar. Those worries apparently offset concerns about a possible recession in the U.S. and across …

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Higher bond interest rate means more cost to OGE customers

  Surprising news that ratepayer-backed bonds sought to cover Oklahoma Gas and Electric February 2021 winter storm costs were sold last week at a much higher interest rate than originally predicted means a higher total cost to consumers. As OK Energy Today reported earlier, the anticipated monthly cost to OG&E …

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Bice pushes Act to increase Mesonet systems

  Oklahoma congresswoman Stephanie Bice joined New York Democratic Rep. Paul Tonko in recently introducing a bill to increase the nation’s Mesonet weather program. Together, they filed the National Mesonet Authorization Act to increase the overall coverage and accuracy of the program. The Mesonet is critical in providing reliable, real-time …

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115 degrees? Yikes!!! It’s in the Western Oklahoma forecast

  Brace for really brutal hot, hot weather this week in Oklahoma. Western Oklahoma could see, or is it feel?, temperatures of 115 degrees. Oklahoma Climatologist Gary McManus says a 115-degree reading would  be the highest readings in the state since 2011 and 2012. “Highs across western Oklahoma will be pushing …

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Suspected fuel thief arrested in northern Oklahoma

  The loss of an estimated $10,000 in fuel bought with a stolen credit card led to the recent arrested of a man in northern Oklahoma. The Grant County Sheriff’s office reported the arrest after the thefts occurred at Farmer’s Grain in Lamont reported the Enid News & Eagle. Click …

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Suspects charged in $2 million theft of crude oil

  How do you steal more than $2 million in crude oil? Ask the four suspects recently arrested and charged in western North Dakota. The four are accused of stealing $2.4 million in crude oil over a period of more than a year reported the Bismarck Tribune. Click here for …

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DC energy roundtable featured Rep. Bice

   Oklahoma Congresswoman Stephanie Bice told a recent energy roundtable led by House Republican Leader Kevin McCarthy that Americans know Democrats are to blame for the country’s energy crisis. “Democrats want to blame everyone else for the [energy price] increases…they never want to take responsibility for the actions that they’ve …

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Permits to drill for July 15, 2022

Carter County HEWITT UNIT #23-5802, June 14 2022 23 4S 2W NWSESWSW API: 01926493 Lat: 34.18841589045236, Long: -97.38431438240791 XTO ENERGY INC SH, AM, 4790 ft, PONTOTOC(680), HOXBAR(2090), DEESE(3390) Carter County HEWITT UNIT #21-0303, June 13 2022 21 4S 2W SWNENWNE API: 01926488 Lat: 34.20031288459348, Long: -97.41135509179172 XTO ENERGY INC SH, AM, 3300 …

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Completion reports for July 15, 2022

LOVE COUNTY L E Jones Operating Inc Deese (taylor): Oil 22 Pump 28 7S 2W North Leon Unit 12-4, February 28, 2022 SH, OIL, TD: 7300 ft Lat: 33.91309, Long: -97.42131 API: 35085213280000 MARSHALL COUNTY Xto Energy Inc Woodford(6304): Oil 2 Gas 105 Water 11 Gas Lift 6 6S 7E Luna 1-6h, March 09, 2022 HH, GAS, TD: 10805 …

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Still other energy headlines

** President Joe Biden will leave the Middle East this week with no announcements on increasing oil supply before a scheduled meeting of producers next month, people familiar with the matter said. ** Sen. Joe Manchin’s decision to come out against the Democrats’ plan for solar and wind industry incentives …

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