September 2021 archive

Texas oil production slowed in 3Q says Dallas Federal Reserve Bank

  Solid oil and gas sector growth continued in third quarter 2021, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—remained elevated but moved down from 53.0 in the second quarter to 44.3 in the third quarter. …

Continue reading »

SE Oklahoma firms urge more access from Indian Nations Turnpike

  Rep. Jim Grego, R-Wilburton held an interim study this week to discuss the need for more on- and off-ramps to the Indian Nation Turnpike in southeast Oklahoma. “This is a topic my constituents have asked me about since I first got elected three years ago,” Grego said.  “My goal is to see how we …

Continue reading »

Energy news in brief

** Enbridge Inc said on Wednesday its Line 3 pipeline would be operational from Oct. 1, marking the completion of a long-delayed replacement project that would increase the capacity of crude deliveries from Canada to U.S. refineries. ** ConocoPhillips is offering to sell about $500 million in conventional oil and gas properties in the top U.S. oil …

Continue reading »

Samsung to build new chip plant in Austin?

  For more than a year, the U.S. has struggled with the impact of the shortage of semiconductor chips. We’ve heard those stories of thousands of new pickup trucks sitting in parking lots of manufacturers because they lacked the necessary chips to be sold. Now there’s word that Samsung Electronics Co Ltd might be close …

Continue reading »

EV plant to be located in Arlington, Texas

  Arlington, Texas is going to be the apparent home for a global electric vehicle charging manufacturing plant. City leaders granted Barcelona-based company Wallbox incentives to build a 129,000 square-foot plant where 250 jobs will be created over the next 10 years reported the Fort Worth Star-Telegram. Click here for Star-Telegram.  

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 …

Continue reading »

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 …

Continue reading »

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 …

Continue reading »

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 …

Continue reading »

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. …

Continue reading »