PEMA Professional Energy Marketers Association

  The 7-inches of rain in western Oklahoma in the past several days is still the buzz in that part of the state. It should also go a long way in easing the drought faced by western Oklahoma farmers. State Climatologist Gary McManus explained it probably won’t be reflected on the …

  The acquisition of Tulsa’s Blueknight Energy Partners by its generator partner Ergon, Inc. is moving closer to completion. A proxy statement was filed this week with the Securities and Exchange Commission laying out the proposed agreement and plan of merger. It indicated a special meeting of shareholders will be …

  The California-based electric vehicle subscription company Autonomy says it intends to bring its leasing service to Colorado by the end of the year. Autonomy and other startups are offering monthly “subscriptions” to new Teslas aimed at allowing the EV-curious to avoid new car waiting lists and try out their …

completions: none were processed today

Canadian County DARROW TRUST #1H-7-6, December 07 2021 07 10N 5W NENENESW API: 01725600 Lat: 35.35463309924444, Long: -97.76996074133301 CITIZEN ENERGY III LLC MU, AM, 17394 ft, MISSISSIPPIAN(9100) Coal County KELLY #6/7-2H, June 01 2022 31 1S 11E NWSWSESW API: 02921416 Lat: 34.41938158916617, Long: -96.19272863059172 CANYON CREEK ENERGY ARKOMA LLC MU, DR, 18500 …

  Oil ended higher in Tuesday’s trading after COVID-19 restrictions and lockdowns in Shanghai were eased. At least one Oklahoma energy company saw shares shoot up nearly 20% for the day. West Texas Intermediate crude for July delivery bounced back from a slight loss on Tuesday and rose 59 cents …

  Scott Pruitt finds himself on the defensive again for the days he spent as Administrator of the Environmental Protection Agency. He says he did not make controversial decisions about the building of a $43,000 soundproof booth for his office and for renovations that have since been found were made …

  Tulsa’s Magellan Midstream Partners, L.P. and two other firms announced a move to encourage producers to use their terminals to deliver crude oil to Gulf Coast refineries. Magellan joined Enterprise Products Partners L.P. and Intercontinental Exchange, Inc. in announcing an expansion of their “no-charge” arrangement between the Magellan East Houston …

  Southwestern Electric Power Co., an American Electric Power company announced plans to add 810 megawatts (MW) of wind energy by 2022 and do it by acquiring a 3-wind farm project in Oklahoma. This proposal supports SWEPCO’s long-term plan of significantly increasing its use of more environmentally friendly energy sources, …

  The move by European Union leaders to adopt a partial ban on Russian oil imports provided a spark for oil-producer stocks and sent the global price of oil to more than $120 a barrel on Tuesday. But Oklahoma energy stocks went the opposite direction.   After trading as high …