September 29, 2021 archive

Custer County the site of a 2nd large gas well by Continental Resources

Newly filed completion reports show Continental Resources brought in yet another large natural gas well in western Oklahoma while also completing four wells on a single pad in Grady County. The gas well is in Custer County where the Swartzendruber 2-22-15xhm is located at 27 14N 14W a site north of Weatherford and south of the town …

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Whiting finalizes acquisition and divestiture of some holdings

  Whiting Petroleum in Colorado said this week it has wrapped up its previously-announced acquisition of leasehold interests and related assets in the Williston Basin of North Dakota. The company also stated that it concluded the divestiture of its Redtail leasehold interests including associated midstream assets in the Denver-Julesburg Basin of Colorado. The transactions had …

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AAA raises the question whether it is time to learn about electric vehicles?

  AAA Oklahoma speculates that pick-up truck-loving Oklahomans might be more interested than ever to learn about electric vehicles after this week’s announcement by Ford Motor Co. of an $11 billion investment in a new assembly plant for all-electric F-Series trucks and three electric battery plants. The automobile safety group encouraged Oklahomans to learn more about electrical vehicles …

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Report claims conflicts of interest among Texas oil and gas regulators

  Just as conflict of interest allegations were raised in the form of a State Supreme Court lawsuit against Oklahoma Corporation Commissioner Todd Hiett, similar claims are being raised against Texas oil and gas regulators. And it all may be perfectly legal according to a report written by money-in-politics watchdog group Texans for Public Justice …

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ONE Gas execs to hold virtual meeting with investors

  Leaders of ONE Gas plan two days of virtual meetings with investors this week. On September 29 and 30, Sid McAnnally, president and chief executive officer along with Caron Lawhorn, senior vice president and chief financial officer and Curtis Dinan, senior vice president and chief operating officer will conduct the series of virtual meetings. …

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DJ Basin report details falling energy production

  A new report is out detailing the fall in oil and gas production in Colorado’s DJ Basin. Oil and Gas Shale Market Analysis and Outlook to 2025 offers a review of the oil and gas appraisal and development in the shale play against the backdrop of COVID-19 pandemic. The DJ Basin, located in Colorado …

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US natural gas prices increase due to high demand in Asia and Europe

  While Oklahoma and other Midwestern states have seen slightly increased temperatures in recent weeks, U.S. natural gas futures rose more than 2% to a seven-year high this week. Record global gas prices are credited as the demand for U.S. liquefied natural gas (LNG) exports continued to be strong. The demand is due to low …

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