Nebraska state leaders indicate they will not challenge a judge’s decision against allowing a Colorado company from using a well in the Nebraska Panhandle to dispose of fracking wastewater from other states’ wells. The judge had ruled last month the Nebraska Oil and Gas Conservation Commission exceeded its authority in granting the request by Terex …
The kind of oil tanker cars that resulted in a fiery crash and killed 47 people in Quebec, Canada three years ago are being banned by the Canadian government. As of Nov. 1, the older tankers called DOT-111 cars will not be allowed to transport oil in the country, according to Marc Garneau, Canada’s transport …
Talk about taking a hit. How about the 45% drop in earnings in the second quarter for BP, the British energy company. Profits fell to $720 million from $1.3 billion in the same quarter a year ago, according to a statement released by the company. BP’s net loss narrowed to $1.4 billion from $5.8 billion. The …
While Brent crude managed to eek out a slight gain for the day, West Texas Intermediate settled below $43 a barrel on Tuesday as traders worried about an uptick in domestic drilling, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude fell by 21 cents, or 0.5%, to end …
A recent survey conducted by Evercore ISI showed that many laid off mechanics and roustabouts have found work in other industries and may not return to the oil and gas sector even if the industry recovers. That is potentially a large problem for energy companies desiring to ramp up production if oil prices continue to …
HUGHES COUNTY Tilford Pinson Exploration Llc Booch(3025): Oil 19 Water 20 Pump 33 6N 9E Jo Ella 1-33, July 04, 2016 SH, OIL, TD: 3520 ft Lat: 34.94603, Long: -96.35537 API: 35063245800000 MCCLAIN COUNTY Eog Resources Inc 3 8N 4W Farr 3 1, November 13, 2015 SH, SVC, TD: 10230 ft Lat: 35.20039, Long: -97.61562 …
Canadian County WITTROCK 1406 #1-30MH, June 01 2016 30 14N 6W NENENENE API: 01724906 Lat: 35.66715580849748, Long: -97.87057823768382 PAYROCK ENERGY LLC HH, AM, 13778 ft, MISSISSIPPIAN(8444) Dewey County BIG HUNK #7-1H, July 26 2016 07 17N 15W NESWSESW API: 04323471 Lat: 35.95795372276166, Long: -98.84264124017334 CARRERA ENERGY LLC HH, DR, 15651 ft, MERAMEC(11100), OSAGE(11300)
Add Fort Worth, Texas based Atlas Resource Partners, L.P. to the list of those filing for bankruptcy amidst the energy downturn. The company says it will file a prepackaged Chapter 11 plan of reorganization to reduce its debt by nary $900 million and hand control of the firm over to its lenders. Atlas is accomplishing …
Say what you want about the politics of the Koch brothers, but their Koch companies in 2015 directly employed nearly 60,000 people in 50 states and the District of Columbia. The Wichita, Kansas based company also paid compensation and benefits totaling more than $5.5 billion according to a recent study by the independent economic research firm Harrah …
Houston, Texas based Sempra U.S. Gas and Power has expanded its holdings with the purchase of the Apple Blossom wind project in Michigan. No sale price was announced but the purchase of the 100-MW wind farm was made from Geronimo Energy LLC. It’s the second Geronimo sale to Sempra. Construction on the wind farm …
