Jerry Bohnen

Author's posts

Energy news in brief

** Both Joe Biden and President Donald Trump will unveil infrastructure plans this week. Biden’s plan is expected to focus on clean energy, while Trump will announce environmental permitting changes. ** A federal appeals court rules that drilling can resume in a sensitive Alaskan reserve without updating an environmental assessment that was completed four years before oil was discovered in …

Continue reading »

Biden vows no fracking ban if he’s elected President

  Before Senators Bernie Sanders and Elizabeth Warren dropped out of the race for the Democratic Presidential nomination, they vowed to ban fracking if they were elected. Now Joe Biden, the presumptive Democratic nominee says it won’t happen if he wins the White House. As POLITICO reported, Biden told a TV reporter in Pennsylvania  that a …

Continue reading »

Nation’s rig count falls more while Oklahoma remains steady

  The number of oil and gas rigs in the U.S. declined by 5 in the past week, falling to 258 while the number in Oklahoma remained at 10 working rigs. Baker Hughes Co. in Houston reported the national rig count included a decline of four oil rigs leaving 181 active while the number of …

Continue reading »

Completion reports for July 9, 2020

Completion reports filed on July 9, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian (less Chester)(0): Oil 244 Gas 1100 Water 1201 Pump 4 14N 5W Brueggen 1405 8-4mh, September 20, 2019 HH, OIL, TD: 12850 ft Lat: 35.71156, Long: -97.72886 API: 35017253810000 Triumph Energy Partners Llc Mississippi Solid: Oil 438 Gas 4050 Water 1237 Flow 19 14N 9W Snyder 4-19-18 1409mhx, September 24, 2019 …

Continue reading »

Permits to drill for July 9, 2020

Permits to drill issued on July 9, 2020. Kingfisher County WALTA #1507 3H-4X, July 08 2020 09 15N 7W SESWSWSE API: 07326708 Lat: 35.784916874017526, Long: -97.94855788157072 OVINTIV MID-CONTINENT INC. MU, DR, 18596 ft, MISSISSIPPIAN(7951) Kingfisher County WALTA #1507 4H-4X, July 08 2020 09 15N 7W SESWSWSE API: 07326707 Lat: 35.78491687814987, Long: -97.94849045368782 OVINTIV MID-CONTINENT INC. MU, DR, …

Continue reading »

Oil prices skid and energy shares followed suit

  Just as oil producers might have had a glimmer of hope with crude oil futures reaching nearly $41 a barrel, oil futures dropped below $40 in Thursday’s trading on the New York Mercantile Exchange. Energy firms felt the negative impact. West Texas Intermediate August futures dropped by $1.28 or 3.1% and settled at $39.62 …

Continue reading »

Vow of unity after Supreme Court rules against Oklahoma

Thursday’s U.S. Supreme Court ruling overturning a Denver Federal Appeals court decision that had upheld a state criminal prosecution on Indian land in eastern Oklahoma evoked responses from the state attorney general, the state’s congressional delegation and even Oklahoma’s largest oil and gas group. It also leaves the state of criminal prosecution in certain areas …

Continue reading »

Gulfport Energy’s annual meeting to be “virtual”

Leadership at Oklahoma City’s Gulfport Energy Corporation has decided the COVID-19 pandemic will force the firm to hold a virtual-only annual meeting next week. The company blamed the public health impact of the coronavirus and the importance of safeguarding the health of stockholders, employees and directors for not holding an in-person meeting on Thursday, July …

Continue reading »

Banks fund climate-changing group in Colorado

    Four of America’s biggest banks are backing a new nonprofit initiative to leverage the financial sector toward achieving climate-change goals. The Rocky Mountain Institute (RMI) is launching a center focused on climate supported by Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase according to Axios. Banks have increased their rhetoric on the …

Continue reading »

Nebraska firm creates partnership for expansion of solar projects

They didn’t indicate in which states the projects will be located, but Capital Dynamics, a Swiss asset manager and energy developer Tenaska of Nebraska announced a partnership this week on a 4.8-gigawatt solar portfolio in the Midwest and Southeast. The two will work together on developing 24 solar projects expected to come online by 2023, …

Continue reading »