PEMA Professional Energy Marketers Association
completions: none were processed today The post Completion reports for January 9, 2023 first appeared on Oklahoma Energy Today.
Read More »ONEOK reaches $930 million insurance settlement over Medford gas plant fire
ONEOK says it reached an agreement covering $930 million in insurance payments over the fire that put its gas plant out of operation last July near Medford in northern Oklahoma. The company also revealed plans to build a 125,000-barrel per day (bpd) NGL fractionator at its Mont Belvieu, Texas, facility. …
Read More »Lack of rain grows in Oklahoma Panhandle
When it comes to a lack of rainfall, there’s dry, then there’s dry and dryer. Just ask the people in the Oklahoma Panhandle cities of Goodwell and Hooker. State Climatologist Gary McManus reported Monday that it had been 132 days since either place received at least a quarter-inch of …
Read More »Hamm donates $50 million for Teddy Roosevelt Presidential library in North Dakota
Teddy Roosevelt, the 26th President of the United States does not have a Presidential library in his honor. But Oklahoma oil tycoon and billionaire Harold Hamm hopes his $50 million contribution will change that. He recently made the donation to create a Theodore Roosevelt Presidential Library in the badlands …
Read More »New York investment firm increases holdings in Gulfport Energy
A recent government filing revealed that New York Investment adviser, MacKay Shields, LLC is now a nearly 12% holder of shares in Oklahoma City’s Gulfport Energy Corporation. The filing with the Security and Exchange Commission showed that MacKay Shields is the beneficial owner of 2,301,790 shares or 11.67% of …
Read More »Winter storm costs from 2021 reflected in latest requests approved by Oklahoma regulators
Oklahoma Corporation Commissioners approved two more utility matters concerning fuel adjustment requests which covered extreme natural gas purchases during the 2021 winter storm. The reviews are required under state law, in which the Commissioners are tasked with the requirement that they “shall continually monitor and oversee the application of …
Read More »Oil Producers Alliance to hold legislative briefing
An energy briefing from legislators is planned in a few weeks by the Oklahoma Energy Producers Alliance. The briefing is scheduled for Monday, Jan. 23 beginning at 11 a.m. in room 535 of the State Capitol An email alert from the OEPA indicated the briefing will include a discussion …
Read More »Oklahoma energy stocks made gains while crude prices held steady Friday
Slight losses were recorded Friday in crude oil prices while Oklahoma energy stocks made gains for the day. Both crude benchmarks ended the first week of the year down because of global recession worries. West Texas Intermediate crude managed a 10-cent gain or 0.1% on Friday to settle at …
Read More »Energy committee leaders named in Oklahoma House of Representatives
The Oklahoma House of Representatives committee leadership appointments were made and that includes committees dealing with energy and energy-related issues in the approaching 59th Legislature. They include: Energy and Natural Resources Rep. Brad Boles, R-Marlow, chair Rep. Dean Davis, R-Broken Arrow, vice chair Agriculture Rep. Dell Kerbs, R-Shawnee, chair …
Read More »Nation’s drilling rig count dropped along with numbers in Oklahoma
The nation’s numbers of oil and gas rigs actively pursuing new energy sources dropped by 7 in the past week according to Baker Hughes Co. which released new figures on Friday. The national count fell to 772 and Oklahoma’s count dropped by 3 to 66. A year ago, there …
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