ONE Gas, Inc. reported an increase in net income for the first quarter 2021 totaling $95.6 million or $1.79 per diluted share. The income compared to $91.7 million or $1.72 per diluted share for the first quarter of 2020. The company cited colder weather in the first quarter of 2021 when actual heating degree …
Two Texas energy companies swapped holdings of assets in the Bakken in a nearly $745 million deal. Diamondback Energy Corp. agreed Monday to sell some of the Bakken assets it acquired earlier in the year through a nearly $2.2 billion all-stock acquisition of QEP Resources. The buyer is Oasis Petroleum, a Houston-based firm that …
Crude oil prices bounced back in Monday’s trading and finished the day at nearly $65 a barrel in the US but European prices took a tumble. West Texas Intermediate crude for June delivery went up 91 cents to wrap up at $64.49 a barrel on the New York Mercantile Exchange. Global benchmark Brent …
completions: none were processed today
Carter County SW WILDCAT JIM DEESE UNIT #13-1, May 03 2021 12 2S 3W W2NESENE API: 01924251 Lat: 34.40071649539551, Long: -97.45920310005147 MACK ENERGY CO SH, RE, 4400 ft, DEESE(2849) Grady County NELDA #5-4X33H, April 30 2021 04 4N 6W SWSESWSE API: 05124824 Lat: 34.84214868565758, Long: -97.83251185918209 GULFPORT MIDCON LLC MU, DR, 25170 ft, SYCAMORE(14758), WOODFORD(15103), HUNTON(15354)
Texas lawmakers want to make sure Electric Vehicle owners pay their fair share of highway improvements in the state. A bill is working its way through the legislature to create a special fee on EVs. A bill by House Transportation Committee chairman Terry Canales would impose a $100 yearly fee on EVs according to …
Montana is about to become the latest state to follow Oklahoma after it adopted tough criminal penalties in 2017 against environmental protesters who trespass on oil and gas properties in their protests of pipelines. The measure won approval in Montana’s House of Representatives and Senate where Republicans are in the majority. Sent to GOP …
More than a month after the Federal Energy Regulatory Commission heard the complaints of Oklahoma landowners about Cheniere Energy’s failure to complete land restoration following construction of its 200-mile Midship pipeline in Oklahoma, Congress wants to take a look at the controversy. The House Oversight and Reform Committee’s Subcommittee on Civil Rights and Civil …
** A top Senate Democrat, Tom Carper of Delaware is urging U.S. anti-pollution standards that would follow a deal brokered by California with five automakers and then set targets to end sales of new gasoline-powered vehicles by 2035, a goal that reaches farther than President Joe Biden’s climate plan. ** A Canadian corporation looking to open a …
A study of the more than 47,300 abandoned oil and gas wells in Arkansas, by Hendrix College in Conway says their nonuse is leaving billions of dollars on the table. The team of college professors and students found that nearly 80% of the state’s abandoned wells could provide benefits that triple the cost it …
