December 5, 2021 archive

Drilling activity remains steady across Oklahoma and US

  The latest Baker Hughes Co. rig report showed no gain nor loss in the number of oil and gas rigs across the U.S. At the same time, Oklahoma’s numbers were the same as the previous week—44 rigs. The national count was unchanged at 569 rigs including 469 oil drilling rigs and 102 gas rigs. …

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Beall joins Petroleum Alliance staff

  The Petroleum Alliance of Oklahoma has named Keith Beall as its senior vice president of government affairs and public policy. In his new role, Beall will lead The Alliance’s advocacy efforts on behalf of the state’s oil and natural gas industry at the state legislature and in Washington, D.C. Beall was most recently the …

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Completion reports for December 3, 2021

completions: none were processed today

Permits to drill for December 3, 2021

Dewey County AMANDA JUNE #1-24MXH, December 03 2021 24 18N 16W NWNENENE API: 04323736 Lat: 36.02806416788969, Long: -98.85149269104973 CRAWLEY PETROLEUM CORPORATION HH, DR, 21100 ft, MISSISSIPPI LIME(10700) Dewey County KENNETH #1-34MH, December 03 2021 27 19N 16W S2S2SESE API: 04323735 Lat: 36.08717170681959, Long: -98.88744070724033 CRAWLEY PETROLEUM CORPORATION HH, DR, 13600 ft, MISSISSIPPIAN(10460) Kingfisher County EMORY #1708 5H-15X, …

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Energy news headlines on Monday

** Virginia panel denies air permit to Mountain Valley Pipeline extension. The 75-mile extention had been expected to be completed and in service sometime in 2023, a year after the hoped-for operation date of the larger Mountain Valley Pipeline. ** Helium prospecting is picking up in north-central Montana with Canadian companies expanding south after years of development in …

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Energy Transfer completes acquisition of Enable Midstream

    Dallas-based Energy Transfer LP and Oklahoma City-based Enable Midstream Partners, LP  announced the completion of their previously announced merger. The terms of agreement were approved earlier this year by Enable’s two largest unitholders, CenterPoint Energy, Inc.  and OGE Energy Corp. , which together owned approximately 79% of Enable’s outstanding common units. Effective with …

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CenterPoint Energy begins exit of Midstream following Energy Transfer’s completed acquisition of Enable Midstream Partners

  CenterPoint Energy, Inc. in Houston announced it is taking steps to reduce the company’s midstream exposure following the completion of Enable Midstream Partners, LP’s merger with Energy Transfer LP. CenterPoint’s 53.7% of Enable common units converted into 201 million ET common units. The settlement of CenterPoint’s previously announced contingent forward sale for 50 million …

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Oil refiners to face expanded biofuels mandates?

    The Biden Administration’s EPA could announce this week an expansion of the kinds of renewable fuel production processes eligible to get credits under the U.S. Renewable Fuel Standard program. Reuters reports the highly anticipated proposal will also mandate the amount of biofuels that oil refiners will have to blend into their fuel mix. …

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Crude oil lingers under $70 a barrel

  Oil prices closed under $70 a barrel in Friday’s trading as both Brent and West Texas Intermediate crude declined for the week for a sixth straight week. WTI ended 24 cents lower or 0.4% at $66.26 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude managed a 21 cent …

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Dems target Devon and others about methane emissions

  Oklahoma City’s Devon Energy is one of 10 oil and gas companies being queried by House Committee Democrats about data on leaks of methane. Even as she is soon to be gone as chairwoman of the House, Space, Science and Technology Committee, the same one where Oklahoma congressman Frank Lucas is the Ranking Republican, …

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