As part of Chesapeake Energy’s recent acquisition of Vine Energy Inc., a deal valued at $2.2 billion, investors in Vine Energy are being asked to approve a merger with a Chesapeake subsidiary. Notification went out this week to Vine Energy shareholders who were told the board of directors of Vine has unanimously approved the merger …
Energy news in brief
** Photos show what appears to be a miles-long oil slick near an offshore rig in the Gulf of Mexico after Hurricane Ida, according to aerial survey imagery released Wednesday by the National Oceanic and Atmospheric Administration and reviewed by The Associated Press. ** Roughly a million homes and businesses in Louisiana and Mississippi still had no electricity …
Environment Department wants millions more for clean energy investments
Leaders of the New Mexico Environment Department are asking for a $7.1 million budget increase saying it will spur clean energy investments across the state. The Department, in an announcement said the additional money for Fiscal Year 2023 will be used while it also is aggressive in mitigating the impacts of climate change. “Investing …
Oil price rebound boosts Oklahoma energy stocks
After U.S. crude inventories fell more than expected, crude oil prices on Thursday rose more than $1 a barrel. Oklahoma energy stocks also had a good day in trading with some making 8% and 9% gains. It gave increased optimism about global economic growth despite the coronavirus pandemic. West Texas Intermediate crude finished up …
Missouri regulators issue order to stalled pipeline operator
Regulators in Missouri ordered natural gas pipeline operator Spire Missouri to get ready as to the fate of its FERC approved line. The Federal Energy Regulatory Commission approved the 65-mile interstate pipeline in 2018 but the approval was stalled in court by a legal challenge filed by the Environmental Defense Fund. The Missouri Times …
Carter county to get more drilling
South Central Oklahoma’s Carter County will be targeted for more drilling. Kodiak Oil & and Gas Inc. has permits to drill two wells on a single pad near the town of Wilson. The site, 27 4S 2W is just outside of the town near the Black Gold Casino where the two ALLEN #624 and the HHU #625 …
Judge tosses Oklahoma lawsuit targeting ‘social cost of carbon’ emissions
Oklahoma Attorney General John O’Connor and others representing 12 other states that sue the President Biden administration for taking steps to consider the “social cost of carbon” in federal regulations don’t have standing ruled a federal judge. The lawsuit, filed last spring opposed President Biden’s executive order that directed federal agencies to calculate an …
Completion reports for Sept. 1, 2021
CANADIAN COUNTY Citizen Energy Iii Llc Mississippian(10113): Oil 301 Gas 2885 Water 963 Flow 31 11N 6W Big Brown 6-7-10-6 1mxh, January 27, 2020 HH, OIL, TD: 21186 ft Lat: 35.37842, Long: -97.87411 API: 35017254540000 ELLIS COUNTY Mewbourne Oil Company 21 18N 24W Goldfinger 21/28 Bo 1h, January 06, 2020 HH, PLUG, TD: 13931 ft Lat: 36.02739, Long: -99.76147 API: 35045238120001
Sandia uncovers hidden factors affecting solar farms during severe weather
Sandia National Laboratories researchers combined large sets of real-world solar data and advanced machine learning to study the impacts of severe weather on U.S. solar farms, and sort out what factors affect energy generation. Their results were published earlier this month in the scientific journal Applied Energy. Hurricanes, blizzards, hailstorms and wildfires all pose risks …
Halliburton’s 3Q 2021 earnings conference call
Halliburton Company will host a conference call on Tuesday, October 19, 2021, to discuss its third quarter 2021 financial results. The call will begin at 8:00 AM Central Time. The company will issue a press release regarding the third quarter 2021 earnings prior to the conference call. The press release will be posted on …
