November 16, 2021 archive

Increasing risk of earthquakes from New Mexico’s oil and gas operations

  Action taken by the Texas Railroad Commission regarding the growing number of West Texas earthquakes believed caused by injection well activity has the attention of officials in New Mexico too. The Commission first responded when several magnitude 4 and 5 quakes were recorded around Midland and restrictions were put into effect. Later in October, …

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Spire STL hopes to win FERC approval

While the St. Louis-based Spire STL Pipeline has gone to FERC hoping to avoid a complete shutdown of its 65-mile pipeline, the company is accused by an environmental group of making “false and defamatory” claims against it. Spire asked the Federal Energy Regulatory Commission on Friday to reissue a certificate of operation that a federal …

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Rep. Cole complains of Thanksgiving tax from Biden

Oklahoma Congressman Tom Cole complained this week of the dramatic rise of prices from filling up at the gas pump and heating homes to the cost of groceries. He calls it Biden’s Thanksgiving Tax and predicts things will get worse, according to economic reports. ” Both the staggering 31-year high of the consumer price index and …

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Anadarko’s new well production expected to drop in December

  New-well oil production in the Anadarko Basin of Oklahoma and the Texas Panhandle is expected to take a hit in December according to a report from the U.S. Energy Information Administration. In a newly-released report this week, the EIA said the average new-well oil production in November was 845 barrels a day and it …

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Mullin and others want energy price hearings

  Oklahoma Republican Congressman Markwayne Mullin is among the GOP members of the House Energy and Commerce Committee wanting congressional hearings into rising energy prices. They asked Committee Chairman Frank Pallone, a Democrat, in a formal letter to begin hearings into the issue and what the Biden administration’s Department of Energy is doing about it. …

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Exxon Mobil to sell its Barnett Shale holdings

    Exxon Mobil has started selling its oil and gas properties in the Barnett Shale area of north Texas, a sale involving 2,700 wells across an estimated 182,000 acres. The area is the home of the first horizontally drilled shale wells and is part of the company’s goal announced three years ago of raising …

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