PEMA Professional Energy Marketers Association
With 100 degree weather in Oklahoma and the rest of the nearby states part of this week’s forecast, electricity demand will be high enough that the Southwest Power Pool is closely monitoring the power demand. On Saturday, it issued what is called a Conservative Operations Advisory for its entire …
Read More »OGE implements new rate hike while awaiting final regulatory approval
Oklahoma Gas and Electric was allowed to immediately implement a $30 million settlement of its original $163.5 million rate hike request because state law allowed it. The company implemented the new rate hike, amounting to 1.9% or $2.07 more a month for an average residential customer, within hours after …
Read More »Producers still active in STACK and SCOOP plays in Oklahoma
Newly-filed completion reports show a few Oklahoma energy companies were busy drilling wells in the STACK and SCOOP plays of the state. Continental Resources reported completion of two Blaine County wells drilled on the same pad with combined production of about 600 barrels of oil a day, but gas …
Read More »Study claims 70,000 homes could be powered by Kansas City airport solar farm
A feasibility study says a solar farm proposed on 3,100 acres near the Kansas City International Airport could eventually power nearly 70,000 homes. It would be one of the largest such farms in the U.S. and the largest at a U.S. airport reported the Kansas City Star. …
Read More »Gas line project contract awarded to Baker Hughes
In getting a contract for Tellurian Inc’.s nearly $17 billion natural gas transmission pipeline project in Louisiana, Baker Hughes Company will be doing a first. Baker Hughes got a contract to provide electric-powered compressor technology and the installation of the Integrated Compressor Line decarbonization technology will be the company’s …
Read More »Permits to drill for June 30, 2022
Canadian County JORGE 1407 #2H-31X, June 30 2022 07 14N 7W SWNENENW API: 01725824 Lat: 35.70990343145971, Long: -97.98748703567702 OVINTIV USA INC MU, DR, 19245 ft, MISSISSIPPIAN(8807) Canadian County JORGE 1407 #3H-31X, June 30 2022 07 14N 7W SWNENENW API: 01725825 Lat: 35.70990343451734, Long: -97.98753755916294 OVINTIV USA INC MU, DR, 18441 ft, MISSISSIPPIAN(8870) …
Read More »Completion reports for June 30, 2022
BEAVER COUNTY Monterey Production Company Llc Morrow Up(6346): Gas 2500 Water 2 Flow 15 5N 22E Sharp 3-15, April 01, 2022 SH, GAS, TD: 7652 ft Lat: 36.89585, Long: -100.67085 API: 35007253160001 GARVIN COUNTY Command Energy Operating Llc Dykeman(3700): Oil 5 Gas 20 Water 45 Pump 25 4N 1E Thunderbird 1-25, January 18, 2022 DH, OIL, TD: 4100 ft Lat: …
Read More »Another drop in crude oil prices leaves mixed impact on OK energy stocks
Crude oil dropped again in Thursday’s trading, falling 3% after OPEC+ confirmed an increase is planned in oil output in August. It left some Oklahoma energy stocks with a big gain for the day while others suffered losses of 7%. West Texas Intermediate crude for August delivery fell $4.02 …
Read More »Permian slips in rig numbers while Anadarko makes gains
The latest rig count released by Enverus Foundations shows an increase of two in the Anadarko Basin which spreads across western Oklahoma and into the Texas Panhandle. The basin was one of a handful that saw gains in the number of active oil and gas rigs. Overall, the U.S. …
Read More »From oil and gas to health—a new purpose for a former Halliburton Energy building
A two-story building that once housed Halliburton Energy Services operations in Canadian County will soon become the Canadian County Health Department offices. Canadian County acquired the building located along Highway 66 east of El Reno in a $6 million deal. The county used federal stimulus aid to buy the …
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