** The Colonial Pipeline confirms it paid $4.4 million to hackers after a ransomware attack on its computer systems. ** U.S. lawmakers plan to introduce a bill that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. ** Houston’s Ranger Energy Services announced …
May 20, 2021 archive
Completion reports for May 20, 2021
CARTER COUNTY Harmon C E Oil Inc Humphreys(4996): Oil 10 Gas 3 Water 70 Pump 7 2S 3W Sevhu (Sevssu 160) 160, December 18, 2020 SH, OIL, TD: 5289 ft Lat: 34.39248, Long: -97.56236 API: 35019225080001 ELLIS COUNTY Eog Resources Inc 32 18N 24W Johnson Trust 3205 3h, November 22, 2018 SH, DRY, TD: 1055 ft Lat: 35.99831, Long: -99.77924 API: 35045237730001 Eog …
Permits to drill for May 20, 2021
Alfalfa County PIPER TRUST A SWDW #2-33, May 20 2021 33 29N 11W NESWNWSE API: 00323400 Lat: 36.94768542543444, Long: -98.38941907405683 TRANS PACIFIC OIL CORPORATION SH, DR, 650 ft, WELLINGTON(400) Beaver County BECK #1, May 20 2021 25 5N 23EC CSW API: 00721446 PLAINS RESOURCES GROUP LLC SH, RC, 7200 ft, CHEROKEE(5836), MORROW BASAL(6400), CHESTER LIME(6505) Custer County …
Crude oil prices tumbled for a 3rd day
Crude oil prices dropped again in Thursday’s trading for a third straight day, tumbling nearly $5 a barrel since the beginning of the week. Why the continuing fall? Analysts say it’s because of the growing concern about inflation and what the government is doing or not doing about it. West Texas Intermediate crude for …
OGE shareholders updated at annual meeting
OGE Energy Corp. held its 2021 Annual Meeting of Shareholders on Thursday in a virtual gathering where board members were elected and shareholders were told the company is as strong as ever. “Our company is strong,” said Sean Trauschke, Chairman, President and CEO. “While the coronavirus and extreme weather have presented challenges, it is …
Nation’s rig count plummets
The U.S. dropped 21 active rigs in the last week for a count of 517 rigs as of May 19, according to Enverus Rig Analytics. The drop in rig numbers included Oklahoma’s Anadarko Basin. The Austin, Texas-based company that computes rig counts stated that the count is flat on the month but still up …
Arkansas nuclear power plant nears 50 years of use
While many in the U.S. are in a mad rush for the development of more renewable energy, a nuclear power plant in Arkansas approaches nearly half a century of use. Unit 1 of Arkansas Nuclear One near Lake Dardanelle turns 47 on Friday. Arkansas Business reported the unit came online May 21, 1974 just …
Lankford says Biden just committed another huge mistake
There’s a reason Vladimir Putin is smiling. Oklahoma U.S. Sen. James Lankford says that’s because President Biden made him and the Kremlin very happy by lifting sanctions on the Russian Nord Stream 2 pipeline. Lankford called it “another huge mistake” by Biden after he first blocked the Keystone Pipeline from Canada to the U.S. …
Photos show I-40 bridge crack in 2016
The crack in the I-40 bridge over the Mississippi River that forced Arkansas authorities to close the structure this month actually started developing nearly five years ago. New photographic evidence came to light this week as pictures taken by a kayaker in 2016 revealed the crack at that time. The Commercial Appeal newspaper said …
GOP Representative labels a House hearing into oil and gas a “publicity stunt” by Democrats
A House subcommittee hearing Wednesday led by an anti-oil and gas California Democratic congresswoman, a hearing where Devon Energy and other major firms refused to participate, turned into something of a partisan brawl according to POLITICO. If you recall, as OK Energy Today reported earlier this week, Devon Energy’s CEO Rick Muncrief was one …
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