Completion reports filed on November 12, 2020. completions: none were processed today
November 12, 2020 archive
Permits to drill for November 12, 2020
Permits to drill issued on November 12, 2020. permits: none were processed today
GOP Caucus leaders chosen in Oklahoma House
The leaders of the Oklahoma House Republican Caucus who will be responsible for pushing through any energy-related bills in the legislature were chosen this week. State Rep. Charles McCall, R-Atoka, is speaker-elect as no one else filed for that position. This would be his third term as speaker. Rep. Terry O’Donnell, R-Catoosa was chosen …
Oklahoma energy stocks took a beating on Thursday
Not a good day Thursday for Oklahoma energy stocks as most suffered losses in their trading, just as crude oil futures did. The December contract for West Texas Intermediate crude dropped 25 cents to settle at $40.87, which represented a nearly 1% loss. Global benchmark Brent crude fell 27 cents or about 1% to settle …
Dividend announced by HollyFrontier Corporation
HollyFrontier Corporation announced that its Board of Directors declared a regular quarterly dividend in the amount of $0.35 per share, payable on December 7, 2020 to holders of record of common stock on November 23, 2020. The dividend is the same amount as one declared in the second quarter 2020 when HollyFrontier also reported …
Enable Midstream moves forward in attracting more investors
Leadership in Oklahoma-based Enable Midstream Partners, LP will be busy in the next few weeks attempting to attract new investors by taking part in some virtual investor conferences. Senior management will be included in the RBC Capital Markets Midstream and Energy Infrastructure Conference on Wednesday, Nov. 18, 2020. They will follow that up with …
Oil and gas rig numbers grew again in past week in U.S.
A weekly update by data providing Enverus showed another increase in the number of active oil and gas rigs in the U.S. The firm based in Austin, Texas reported the number rose by 10 in the past week to reach 367. The number increased by 46 over the past month but is still down …
Criticism raised over Biden’s EPA transition team member
Questions are already being raised in one sector about one of those named to Joe Biden’s presidential transition team…a member who might have used his EPA experience to help DuPont avoid government pressure over its toxic PFAS chemical PFOA. The Intercept raised the questions about Michael McCabe who was named this week by Biden …
Clean energy sector hurting just like oil and gas industry
The nation’s oil and gas sector isn’t the only industry hurting in this COVID-19 pandemic. A new report says the nation’s clean energy sector added back only about 24,000 jobs last month and still left more than 454,000 workers unemployed in the sector since February. BW Research Partnership said it amounted to a 13% …
New Mexico leader joins others in criticizing methane emissions rules–says they’re filled with loopholes
The state treasurer in New Mexico has joined environmental activists in urging Gov. Michelle Lujan Grisham to close what he calls loopholes in proposed rules to reduce methane flaring in the state. The Associated Press reported that Tim Eichenberg joined a list of what it described as “socially responsible investment groups” that contend there …
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