Tuesday , May 7 2024

Tag Archives: #OklahomaEnergy

Completion reports for August 8, 2022

CREEK COUNTY Eok Operating Llc 7 14N 7E Keywest 1a, July 21, 2022 null, INJ, TD: 4172 ft Lat: 35.70615, Long: -96.61793 API: 35037275540002 GARVIN COUNTY Continental Resources Inc Woodford(14899): Oil 144 Gas 3364 Water 5180 Flow 19 3N 4W Rcl 3-19-30-31xhw, March 15, 2022 HH, GAS, TD: 29356 ft Lat: 34.72277, Long: -97.66432 API: 35049253440000 Marathon Oil …

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Russia restructuring blamed for Siemens Energy 2022 losses

  Siemens Energy, the company known for wind tower generators located throughout Oklahoma and other wind-generating states blamed at $204 million charge Monday on the wind-down of its Russian business. The company, with wind production plants in Hutchinson, Kansas and another in Iowa indicated its Russian business activities could be …

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Cushing stocks to grow?

  A report indicated that rising storage levels at the Cushing hub in Oklahoma is putting pressure on futures prices which could help ease U.S. inflation. Reuters reported the shrinking discount of U.S. crude to Brent and rising Canadian oil imports will send more barrels to Cushing.   Click here …

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TransAlta Posts 2Q 2022 Financial Results and Oklahoma Wind Project Updates

Calgary-based TransAlta Corporation reported revenue for the three and six months ended June 30, 2022 increased by $47 million and $64 million respectively compared to the same periods in 2021. The increase in revenues was due to higher wind resources in Canada, incremental production from a Canadian wind facility and higher environmental credit sales partially offset by …

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Ascent Resources Finalizes Utica Acreage Purchase From XTO Energy

Oklahoma City-based Ascent Resources, LLC announced Friday that it has closed on the previously announced bolt-on acquisition with XTO Energy, a subsidiary of ExxonMobil Corporation, in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing purchase price adjustments. Ascent financed the transaction with a combination …

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Rep. Mullin—challenges of living under a Biden administration

  In his latest “Mullin’ it Over” column to constituents, Oklahoma Rep. Markwayne Mullin touched on two subjects—high energy costs and his attempts to expand broadband coverage in eastern Oklahoma. The U.S. Senate candidate said inflation, supply chain issues and higher energy costs have brought optimism among small business owners …

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Senate Votes to Overturn Biden Administration Environmental Rule

The U.S. Senate voted to overturn a Biden Administration rule requiring rigorous environmental review of major infrastructure projects such as highways, pipelines and oil wells, according to a published report by the Associated Press. The measure was approved on Thursday by a vote of 50-47 as Democratic Sen. Joe Manchin …

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Energy Transfer to Acquire Woodford Express, LLC in $485 Million Deal

Dallas-based Energy Transfer signed an agreement to acquire Woodford Express, LLC, a Mid-Continent gas gathering and processing system for approximately $485 million. The acquisition was revealed by the company’s Co-Chief Executive Officer, Tom Long, during Energy Transfer’s Q2 2022 earnings conference call on Wednesday. “This bolt-on opportunity will provide a …

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US EIA Issues Permian Basin Natural Gas Pipeline Project Update

The U.S. Energy Information Administration issued its latest Natural Gas Pipeline Project Tracker on Thursday to include five new projects—four newly announced projects and one project under construction—since its last update in April 2022. Of the four new projects, three will expand capacity for existing pipelines and one will be …

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Partial Settlement of Pawnee and Cushing Earthquakes Available Through Class Action Lawsuit

Oklahomans who suffered earthquake damage near Pawnee may be eligible to participate in an $850,000 class action settlement. According to a recent notification, a settlement was reached in a lawsuit involving the operation of wastewater disposal wells by Eagle Road Oil, LLC between November 15, 2014 and the Effective Date. …

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