January 26, 2021 archive

Big production by Ovintiv from four STACK wells

    Denver’s Ovintiv Mid-Continent Inc. proved there’s still a lot of oil to be found in Oklahoma’s STACK play as the company filed completion reports on four late-2020 wells with combined total production of 4,164 barrels of oil a day. The four big-producing wells, drilled on a single pad in Kingfisher County at 15 15N …

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West Virginia leaders speak against President’ cancellation of Keystone XL line

  Put some West Virginia leaders among those critical of the President’s cancellation of the Keystone XL pipeline, a decision they believe will affect their state’s economy. “We know we are dealing with folks who really don’t respect America’s energy independence and that is terrible for West Virginia,” said Attorney General Patrick Morrisey, R-W.Va. in …

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Congressman predicted Biden administration’s attack on pipelines

  Oklahoma congressman Markwayne Mullin was pretty accurate in his November election prediction about the Democrats and what they intended to do if they won the White House. “If they take over the administration and God help us if they do, the first thing we need to be aware of is the permitting of the …

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OGE Energy Corp. announces 4Q earning results date

    The fourth quarter earnings by OGE Energy Corp will be released and discussed next month. The company said it will hold a conference call to discuss the quarterly and year-end results on Thursday, Feb. 25 beginning at 8 a.m. central time. The company reported a loss in the third quarter as it, like …

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Ring Energy relocates headquarters to Houston—closing Tulsa office

  Permian driller Ring Energy has decided it no longer wants to be headquartered in Midland, Texas. It’s moving the corporate headquarters to Houston and also closing an office located in Tulsa, Oklahoma. The move was actually effective on Jan. 19 when the company operations were based out of The Woodlands, Texas, a suburb of …

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Administration now says ‘freeze’ doesn’t apply to Native American tribes

  After Utah tribe expressed anger over President Biden’s announced 60-day freeze on drilling permits and leases on federal lands, the government decided the freeze didn’t apply to tribes. The Department of Interior came out this week with an announcement that Native American tribes are exempt from the temporary suspension reported Reuters. Click here for …

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