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Tribes protest drilling of 5,000 oil and gas wells in Wyoming
Indian tribes in Wyoming are fighting government approval of a project where nearly 5,000 oil and gas wells could be drilled in the next ten years in the northeastern part of the state. Five oil and gas companies received the green light last month to move ahead with the project on federal leases in …
Enverus reports increased rig numbers including in Oklahoma’s STACK play
This week’s Enverus Rig Analytics report says the U.S. oil and gas rig count rose by 13 in the past week, reaching 393 as of January 6. It also showed Oklahoma’s STACK play is seeing more activity. The largest gains were reported in the Permian Basin where the count increased by three to 168 …
TC Energy to expand crude capacity of existing Keystone pipeline
Despite continuing opposition from some groups, TC Energy officials say they remain confident their Keystone XL pipeline will be completed. Their comments of optimism came as the company announced Wednesday it would launch an open season to add 80,000 barrels a day of crude capacity to the existing Keystone Pipeline, and do it no …
$1.4 billion transmission line completed in Missouri, Illinois and Indiana
Ameren Transmission Company of Illinois announced this week it has made operational the final span of its $1.4 billion transmission line project stretching from Missouri to Indiana. The Illinois Rivers Project stretches 375 miles from Palmyra, Missouri eastward to Sugar Creek, Indiana as reported in Power Technology. Click here for Power Technology story. …
Devon Energy and WPX Energy complete their merger
It’s a done deal….the merger of Devon Energy Corporation and WPX Energy, Inc. The two Oklahoma companies announced Thursday the completion of their all-stock merger. The result being, according to the announcement, the creation of “a leading energy producer in the U.S.” with most of its assets in the Delaware Basin of West Texas …
Montana okays water crossings for construction of Keystone XL pipeline
As judges in Nebraska delayed TC Energy requests for construction permits to build the Keystone XL pipeline there, a state agency in Montana gave the firm permission to cross water bodies. The Montana Department of Environmental Quality granted the Canadian developer a 401 Water Quality Certification to cross nearly 200 protected water bodies located …
Biofuels groups want federal courts to order EPA to release list of refinery waivers
The battle between biofuels groups and the EPA and the small refineries that received waives from Renewable Fuel Standards is far from finished. Now two ethanol producer trade groups, the Renewable Fuels Association and Growth Energy have gone to the D.C. District Court. They want the court to order the Environmental Protection Agency and …
Energy news in brief
** The Trump administration’s unprecedented auction of Arctic drilling rights Wednesday netted just $14.4 million from three bidders, with major oil companies steering clear of the sale. ** The U.S. didn’t import any Saudi crude last week for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend …
Pandemic caused change in driving habits
If you’re like me, your driving habits have changed immensely as a result of the COVID-19 pandemic. My vehicles sit for longer periods in the garage, leading me to wonder if other drivers might have the same assessment—that I have mentally converted miles per gallon to weeks per gallon. Maybe it’s been 3 weeks …
Some energy stocks increased Wednesday while WTI dropped
Wednesday proved to be another big day in trading for some Oklahoma energy companies, despite the protests in Washington, D.C. and a drop in U.S. crude oil prices. Crude oil futures dropped in the U.S. but increased in Europe. West Texas Intermediate crude for February delivery fell 19 cents to $50.44 per barrel, a …