February 11, 2020 archive

Permits to drill for February 11, 2020

Permits to drill for February 11, 2020. Hughes County: 05 7N 12E to Trinity Operating USG LLC

Completion reports for February 11, 2020

Completion reports filed on February 11, 2020. BLAINE COUNTY Acacia Exploration Partners Llc Mississippian(10548): Oil 1039 Gas 3847 Water 1302 Flow 25 16N 12W Watonga 1-19h, September 10, 2019 HH, OIL, TD: 16365 ft Lat: 35.83716, Long: -98.42227 API: 35011242140000 KAY COUNTY Twisted Oak Operating Llc Layton: Oil 38 Water 81 Pump 23 25N 2E Gillham 4-23, February 16, 2018 SH, OIL, TD: 2965 ft …

Continue reading »

Midstream operator Tallgrass Energy to open Houston office

Kansas City midstream company Tallgrass Energy, LP, a pipeline company managing lines carrying oil from Wyoming to Cushing, Oklahoma announced plans to open an office in Houston, Texas. The office will be managed by the company’s new Chief Commercial Officer, Damon Daniels. In this role, Daniels will report directly to Tallgrass President Matthew P. Sheehy. …

Continue reading »

Oil is ailing due to coronavirus in China

Energy leaders are keeping an even closer watch on oil and natural gas prices as they fell to a more than one-year low this week due in part to the spread of the coronavirus in China. Adding to the growing worries is speculation that OPEC might deliver another cut to oil production. But the coronavirus …

Continue reading »

Energy news in brief

** U.S. Energy Secretary Dan Brouillette wants to work with Canada and Mexico to export U.S. coal to Asia and get around West Coast states that have blocked permits for coal shipments due to climate concerns. ** Colorado lawmakers are considering a bill that would require utilities to source renewable natural gas from dairies, landfills and other sources. ** An Oregon county …

Continue reading »

Senators say environmental policy rules are outdated and cumbersome

Oklahoma U.S. Sens. Jim Inhofe and James Lankford were among 18 Republican senators who wrote a White House Council on Environmental Quality saying they support the President’s proposed changes to the National Environmental Policy Act. The letter came as the White House Council prepared to hold a field hearing in Denver on the proposed changes. …

Continue reading »

Four year low for natural gas prices

Natural gas futures slid to a four-year low this week as prices for March delivery dropped 9.2 cents to $1.766 per million British thermal on the New York Mercantile Exchange. That’s the lowest settlement since March 9, 2016 and the premium for April gas over the March contract widened to 3.8 cents. It’s a sign …

Continue reading »

Rural group asks Congress to fight health care rate setting

  The Oklahoma Rural Association has expressed concerns about health care to members of the Oklahoma Congressional delegation, pointing out the situation has only worsened with the slowdown in the oil and gas industry in the state. In a letter sent to the U.S. Senators and Representatives, Monica Collision, Executive Director of the Association voiced …

Continue reading »

FAA to audit pilot training of Boeing 737 MAX 8 jetliner

The Federal Aviation Administration announced it plans an audit of its training procedures for the controversial Boeing 737 MAX 8 jetliner of which two crashed in 2018 and 2019, leaving hundreds dead. “These fatal accidents have drawn widespread attention to FAA’s oversight and certification practices, including the Agency’s process for establishing pilot training requirements for …

Continue reading »

National Oilwell Varco shares owned in part by New York investment fund

A new SEC filing by National Oilwell Varco, an oil and gas exploration company based in Houston, Texas shows a New York investment firm has ownership of 6.14% of the company’s shares. The filing showed First Eagle Investment Management LLC of New York City has sole voting power of 22,184,470 shares while its total dispositive …

Continue reading »