Tuesday , May 7 2024

Tag Archives: #OklahomaEnergy

3Q earnings report to be released by LSB Industries

  After second quarter net sales rose from $141million in 2021 to nearly $285 million in 2022, Oklahoma City’s LSB Industries plans to release its third quarter earnings report on Nov. 1, 2022. The firm plans to release the report after the close of the stock market on that Tuesday. …

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Increase in US crude oil production in first half of 2022

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Note: Density is measured using the API gravity scale. In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021. Crude oil with …

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Corporation Commission to meet Wednesday

  Oklahoma regulators will meet Wednesday morning to consider finalizing some proposed changes in petroleum storage tank rules. Corporation Commissioners were presented with the changes last week but delayed a decision until Wednesday’s meeting at 9:30 a.m. They will also hold a discussion on the agency’s financial activity including a …

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Permits to drill for October 10, 2022

Grady County NELLI #3H-30-31, October 10 2022 30 8N 7W NESENWSE API: 05124978 Lat: 35.136027259849605, Long: -97.97575252762951 CITIZEN ENERGY III LLC MU, DR, 22300 ft, MISSISSIPPIAN(14900), WOODFORD(15000) Grady County NELLI #1H-30-19, October 10 2022 30 8N 7W NWSENWSE API: 05124976 Lat: 35.136027264514716, Long: -97.97565219478919 CITIZEN ENERGY III LLC MU, DR, 22800 ft, …

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Crude oil prices fell Monday while OK energy stocks were mixed

After five straight days of gains, crude oil prices dropped by 2% on Monday. The reason? Investors are growingly worried about a likely global recession and how it will weaken demand for fuel. Meanwhile, Oklahoma energy stocks were mixed with some recording 3% losses while a few had gains of …

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EPA targets general aviation airports with new emissions plans

  A decision by the Environmental Protection Agency might have general aviation airports like Wiley Post in Oklahoma City and others finding themselves the target of more restrictive rules pertaining to emissions from aviation fuel. Here’s what happened. The EPA on Friday declared that lead in aviation fuel endangers public …

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Drought still has state firefighters on high alert

  While some parts of Oklahoma could get rain this week, firefighters remain on high alert because of the growing drought in the state. The State Forestry Service on Monday declared that “given the depth and severity of drought indices and the current state of fuels, the probability of unseasonal …

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City drops lawsuit over shutdown of coal-fired power plant

  The City of Farmington, New Mexico now has dropped its late September lawsuit against the owner who plan a shutdown of the San Juan Generating Station. Instead, the City opted for arbitration in a bid to transfer the now-closed power plant to the city reported the Farmington Daily Times. …

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Anadarko Basin’s oil and gas production to grow in October

  A new report from the government shows oil and gas production in the Anadarko Basin that covers most of western Oklahoma will increase in October. The U.S. Energy Information Administration reported overall oil production in the basin will go from 424,000 barrels a day in September to 432,000 barrels …

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