The Federal Energy Regulatory Commission has started a review of a southern Nebraska pipeline operator who wants to switch from transportation of natural gas to carbon dioxide. Operators of the 40-year old Trailblazer Pipeline want permission to abandon most of the line for natural gas. The request comes from Trailblazer Pipeline Co. LLC and …
Category: Oil & Gas
Headlines of other stories
** TotalEnergies says it will cut gasoline prices by 10% in a move it says is an alternative to a windfall tax. ** The first of 100,000 delivery EVs can now be seen in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, St. Louis and other cities. ** Top Western energy companies are expected to unleash …
Oil and gas groups fight EPA’s “smog” crackdown in the Permian Basin
Those Oklahoma oil and gas producers active in the Permian Basin of West Texas and southeast New Mexico might face more of an environmental crackdown at the hands of the Biden administration. Biden wants the Environmental Protection Agency to get tough on smog in the region, a move that threatens crude oil production. As …
Southeast New Mexico’s Permian Basin shaken by more earthquakes
One of the latest earthquakes to shake the Permian Basin happened Thursday morning in Carlsbad, New Mexico. It occurred as researchers expanded their investigation of oil and gas drilling in the large shale area that is believed to be the cause of increased earthquakes—much like occurred in Oklahoma a few years ago. The Carlsbad …
Nation’s rig count suffers decline
There were 819 rigs running in the U.S. as of July 20, according to Enverus Foundations. The count is down 2% in the last week and down 1% in the last month, but up 48% YOY. The activity peak for the last week was 847 rigs with an average of 830; the dip reported …
Crude dropped 3% in Thursday’s trading
Higher U.S. gasoline stockpiles resulted in a more than 3% drop in crude oil prices in Thursday’s trading. Prices were also affected after a European Central Bank raised rates, increasing growing concerns about the prospects of a worldwide recession. Prices dropped on the New York Mercantile Exchange more than $3 a barrel including a plunge …
Oklahoma tribe takes steps to protect rivers from oil and gas projects
Oklahoma’s Ponca Nation recently took steps to protect two rivers in its territory from fossil fuel projects. The tribe adopted laws recognizing the natural rights of the Arkansas River and the Salt Fork River. The Enid News and Eagle reported the early July action was taken by the Ponca Tribe of Indians of Oklahoma …
Smart Sand 2Q earnings results to be released
A second quarter earnings report will be released in early August by Smart Sand, Inc., the Texas-based company with frac sand operations in El Reno, Oklahoma. The company plans a release of its financial results following the close of markets on Tuesday, August 9. A conference call for investors will be held the following day, …
Cushing sees slight gain in crude oil storage
Oklahoma’s Cushing hub saw a slight gain in the amount of crude oil held in storage in the past week. The latest information provided by the U.S. Energy Information Administration showed 22.8 million barrels were in storage as of July 15, up from the 21.6 million reported as of July 8 of this year. …
Make it 3 Camino wells near El Reno
Denver’s Camino Natural Resources not only scored two wells with nearly 1,800 barrels of oil production daily near El Reno, a story we first reported this week, turns out the company also brought in another well nearby. A completion report filed after OK Energy Today’s report of the two wells on a single pad …
