completions: none were processed today
July 8, 2021 archive
Permits to drill for July 8, 2021
permits: none were processed today
Oil prices continue their downward slide
The uncertainty following the collapse of OPEC+ talks left crude oil prices taking yet another slide on Thursday. It was the third consecutive day of losses for the industry and Oklahoma energy stocks felt the pain. U.S. West Texas crude for August delivery fell 33 cents or 0.5% to settle at $71.87 a barrel. …
North Dakota joins Oklahoma in lawsuit against Biden administration
The state of North Dakota filed suit Thursday against the Biden administration for its cancellation of a planned auction of oil and gas leases. The suit was similar to one filed by Oklahoma and a dozen other states which resulted in a Louisiana federal judge blocking the suspension of the sales. Click here for …
ONEOK to release 2Q earnings report
After reporting higher first quarter earnings compared to a year earlier, ONEOK, Inc. will release second quarter 2021 earnings after the market closes on Aug. 3, 2021. The company announced that its executive management will take part in a conference call on the following day at 10 a.m. Central Daylight Time. First quarter earnings …
Enverus reports drop in numbers of active rigs in US
A new weekly report shows Oklahoma City-based Devon Energy is one of the most active drillers in the Permian Basin of West Texas and Southeast New Mexico. Enverus Rig Analyltics, based in Austin, Texas reported the active U.S. rig count fell by seven rigs over the past week to 536 as of July 7. …
Refinery closures decreased U.S. refinery capacity during 2020
The U.S. Energy Information Administration reported this week that as a result of several U.S. refinery closures in 2020, the nation’s refinery capacity dropped 4.5%. In an announcement, the EIA stated the primary measure of refinery capacity fell to a total of 18.1 million barrels a day at the start of 2021. The end-of-year …
Kansas City building code update delayed again
Kansas City officials delay further action on regulations to strengthen energy efficiency in the city’s building codes, potentially leading to less stringent rules. It likely means the code won’t be adopted until sometime next year reported the Energy News Network. Click here for Energy News Network.
Oak Ridge lab sends more nuclear waste to New Mexico
The Oak Ridge, Tennessee National Laboratory recently sent its 100th shipment of nuclear waste to a New Mexico storage site since resuming shipments four years ago. The Carlsbad Current Argus reported the U.S. Department of Energy revealed the waste had been sent to the Waste Isolation Pilot Plant in New Mexico. Click here for …
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