Jerry Bohnen

Author's posts

US Rig Count Drops by Five to 788

The number of oil and gas rigs active in the U.S. field decreased by five over the past week to reach a total of 788. Although its rig count is flat for the week, the Permian Basin leads the way with 304 active rigs. Eddy County in New Mexico has experienced a jump in drilling …

Continue reading »

New Mexico Lawsuit Filed to Protect Dunes Sagebrush Lizard and Habitat

Leapin’ lizards! A native southeastern New Mexico species is the center of controversy when a lawsuit was filed last week alleging the federal government failed to protect the dunes sagebrush lizard from extinction. Native to the Permian Basin area and west Texas, the lizard dwells in sand dunes around the region, which are mined by …

Continue reading »

Headlines of other energy stories

** The U.S. Department of Energy (DOE), in partnership with the National Alliance for Water Innovation (NAWI), announced a $5 million solicitation for small-scale desalination and water-reuse technologies that will improve the safety, security, and affordability of America’s water supply. ** The Department of the Interior is moving to overhaul decades-old rules for oil and gas leasing …

Continue reading »

Memorial Day gasoline prices highest since 2012, near record levels

    Heading into the Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon on May 23, the highest inflation-adjusted price since 2012 and the fourth-highest price on record. The U.S. Energy Information Administration reported that on a nominal basis, it is the all-time highest price for gasoline in …

Continue reading »

Big economic impact from one of Oklahoma’s smallest state agencies

  Oklahoma Auditor Cindy Byrd makes the case that one of the smallest state agencies receives only a few million dollars in state appropriations yet had an economic impact into the billions of dollars in the state. Writing in her monthly update, Byrd’s Eye View, the auditor pointed to the Oklahoma Aeronautics Commission. “Other than …

Continue reading »

Cushing reports slow decline in crude oil stocks

  The amount of crude oil stored at the Cushing hub in northern Oklahoma continues to decline falling by nearly 1 million more barrels over a week. The U.S. Energy Information Administration reported that as of May 20, there was a total of 24,778,000 barrels of oil estimated to be in storage at Cushing. It …

Continue reading »

Coterra executive sells nearly $2 million in company shares

  An executive with Coterra Energy, one of the oil and gas firms with active operations in Oklahoma sold off nearly $2 million in company shares this week. A company filing with the U.S. Securities Exchange Commission revealed the move by Francis Brian Barron, Senior Vice President and General Counsel for Coterra in Houston. On …

Continue reading »

Inhofe presses Biden nominee about EPA’s handling of small refinery operations

  The President’s nominee to be a top EPA official faced some stiff questioning Wednesday by Oklahoma U.S. Sen. Jim Inhofe about the administration’s energy efforts and how they affect the nation’s supply of aviation fuel. Joseph Goffman, Biden’s nominee to be Assistant Administrator of the Office of Air and Radiation at the EPA went …

Continue reading »

Tesla presses Texas with solar power request

  Tesla has gone to the Electric Reliability Council of Texas to allow utility customers with solar power to sell excess power back to the state’s grid. The company wants residential owners to be able to participate in the market, including, of course, owners of Tesla’s residential products, like its Powerwall according to a report …

Continue reading »

Permits to drill for May 25, 2022

Canadian County LITTLE SAHARA 1107 #26-23-4MXH, May 25 2022 26 11N 7W NWSWSESE API: 01725815 Lat: 35.393308389768826, Long: -97.90608371186951 CAMINO NATURAL RESOURCES LLC MU, DR, 18288 ft, MISSISSIPPIAN(9963), WOODFORD(10285) Canadian County LITTLE SAHARA 1107 #26-23-5WXH, May 25 2022 26 11N 7W NWSWSESE API: 01725816 Lat: 35.393308393410834, Long: -97.90598306137187 CAMINO NATURAL RESOURCES LLC MU, DR, 18482 ft, MISSISSIPPIAN(9963), …

Continue reading »