completions: none were processed today
July 21, 2021 archive
Permits to drill for July 21, 2021
permits: none were processed today
Democrats’ infrastructure bill fails procedural vote in Senate
With Oklahoma U.S. Sens. Jim Inhofe and James Lankford joining 47 other Republicans Wednesday, a key procedural vote on the $1.2 trillion infrastructure plan pushed by Democrats failed to pass. It was a united effort by Republicans as they lined up against it, preferring to finish negotiations on the bill rather than voting for …
Crude oil prices rebound with 4% climb
After slipping below $70 a barrel, crude oil prices on Wednesday saw a nearly 5% bounce back in the US and more than 4% overseas, even with the US EIA reporting an unexpected increase in US oil inventories. West Texas Intermediate crude rose 4.6% or $3.10 a barrel to finish the day at $70.30. …
Cushing crude oil storage falls to new levels
The amount of crude oil stored at the Cushing delivery hub in northern Oklahoma fell to its lowest level last week since January 2020. The U.S. Energy Information Administration reported storage at Cushing dropped by 1.4 million barrels even though crude inventories nationwide last week increased by 2.1 million barrels. The national increase broke …
Ovintiv plans more drilling in Oklahoma’s STACK
After a 3-well pad brought wells with combined production of more than 3,000 barrels a day in Oklahoma’s STACK, Ovintiv plans more exploration in Kingfisher County. Permits to drill issued this week show the company plans a 2-well pad four miles east of the city of Kingfisher at 17 16N 6W. The Church 1606 …
Chesapeake to release 2Q earnings report in early August
Chesapeake Energy Corporation announced that it will release its 2021 second quarter operational and financial results after market close on Tuesday, August 10, 2021. A conference call to discuss the results has been scheduled on Wednesday, August 11, 2021 at 9:00 am EDT. Following Chesapeake’s emergence from Chapter 11 restructuring proceedings, the company generated $409 million of operating cash flow …
NGL Energy Partners LP provides update on wastewater recycling
NGL Energy Partners LP announced Wednesday that the partnership has successfully completed the first of two large scale Delaware Basin wastewater recycling projects in Lea County, NM. The initial project, which began in late May, supported one of NGL customers’ highly efficient simultaneous fracturing, or “simul-frac”, completion activities. Utilizing its own produced water, the …
Week-long uncontrolled coal fire at Colorado power plant
Volunteer firefighters are battling a coal fire burning in the storage units of a coal-fired power plant near the town of Brush in northern Colorado. The fire has been burning for a week and according to reports, the blaze involves 23,000 tons of coal in what is described as live storage. Adding to the …
BLM headquarters to move back to DC?
After the headquarters of the Bureau of Land Management were moved to Grand Junction, Colorado during the Trump presidency, now there is talk of moving it back to Washington DC. Interior Secretary Deb Haaland plans a visit to western Colorado on Friday according to an announcement by U.S. Sens. John Hickenlooper and Michael Bennet …
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