July 28, 2021 archive

Completion reports for July 28, 2021

CANADIAN COUNTY Urban Oil & Gas Group Llc 6 13N 8W Calumet Cottage Grove Unit (Reese 3-6) 6-6, June 21, 2021 SH, INJ, TD: 8150 ft Lat: 35.62837, Long: -98.09822 API: 35017225480003 Urban Oil & Gas Group Llc 31 14N 8W Calumet Cottage Grove Unit (Loretta 1) 6-31n, April 29, 2021 SH, INJ, TD: 8125 ft Lat: 35.64471, …

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Permits to drill for July 28, 2021

Jackson County ALEX #2, May 14 2021 03 1N 20W NESESESE API: 06520316 Lat: 34.58132004343642, Long: -99.28186143831566 FULCRUM EXPLORATION LLC SH, AM, 1800 ft, PONTOTOC(1060), CISCO(1575), CANYON(1630) Jackson County ALEX #5, May 14 2021 03 1N 20W SESENESE API: 06520317 Lat: 34.583713212633334, Long: -99.28186120292146 FULCRUM EXPLORATION LLC SH, AM, 1800 ft, PONTOTOC(1060), CISCO(1575), CANYON(1630) Kingfisher County MARY …

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Another increase in crude oil prices

  Crude oil prices rose in Wednesday’s trading and finished near $75 a barrel following word that U.S. crude inventories fell more than analysts had predicted. Global benchmark Brent crude for September delivery finished up 26 cents or 0.4% and settled at $74.74 on ICE Futures Europe. West Texas Intermediate crude for September delivery rose …

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Close vote in Senate to bring BLM nominee to the floor

  After Sen. James Lankford and other Republicans on the Senate Energy and Natural Resources Committee forced a tie vote on the nomination of Tracy Stone-Manning to head the Bureau of Land Management, the full Senate barely agreed to the procedural move to advance her nomination. It was a 50-49 vote Tuesday with Lankford and …

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Dividend declared by Williams

  Williams’ board of directors has approved a regular dividend of $0.41 per share, or $1.64 annualized, on the company’s common stock, payable on Sept. 27, 2021, to holders of record at the close of business on Sept. 10, 2021. The dividend is consistent with the second-quarter 2021 dividend and is a 2.5% increase from …

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Ovintiv reduces debt and increases dividend in 2Q report

  Ovintiv released its second quarter 2021 earnings report showing $750 million in cash generated from operating activities, a more than $1 billion reduction in debt and a 50% increase in its quarterly dividend payment. “Our track record of free cash flow generation continued in the second quarter with another $350 million of free cash, bringing us …

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9th Texas wind farm run by Duke Energy subsidiary comes online

  Duke Energy Sustainable Solutions recently brought its 9th Texas wind farm online providing electrical power for T-Mobile and its cellular operations. The 182 megawatt Maryneal Windpower project is located in Nolan County near Sweetwater, Texas and west of Abilene reported Wind Power Engineering Development. Click here for WPED story.  

Energy news in brief

** In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years. He’s then aiming for even tougher anti-pollution rules after that to forcefully reduce greenhouse gas emissions and nudge 40% of U.S. drivers into electric vehicles by decade’s end. ** A lawsuit led by …

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Anschutz Corporation moves ahead with major Wyoming wind farm

  Colorado-based oil giant Anschutz Corporation is building a 732-mile direct current transmission line to carry power from its proposed Wyoming wind facility to California power users. TransWest Express LLC announced this month it had obtained nearly all of the necessary permits, permissions and partnership needed to begin seeking customers for the high voltage power line …

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2 dead, 30 injured in chemical leak at Texas plant

  An investigation is underway into the acetic acid leak that left two dead and 30 more injured at a chemical plant about 25 miles east of Houston. An estimated five tons of acid leaked at the LyondellBasell in La Porte, Texas around 7:35 Tuesday night. Of the 30 injured, one person reportedly suffered serious …

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