March 2020 archive

Noble Energy Reduces 2020 Expenditure Guidance by $550 Million

Noble Energy, Inc. in Houston has sliced $500 million from its 2020 capital expenditure list which amounts to about 30% of its original budget. The company stated that its remaining capex is in a range of $1.1 to $1.3 billion for the year. Noble Energy has also identified more than $50 million in reductions through …

Continue reading »

Tallgrass Energy Announces Supplemental Open Season on Pony Express Pipeline

  Kansas City-based Tallgrass Energy, LP, through its affiliate Tallgrass Pony Express Pipeline, LLC (“Pony Express”), announced that due to continued interest in its Carpenter Expansion it is launching a supplemental open season to solicit binding shipper commitments for crude oil transportation from a new origin near Carpenter, Wyo., to Pony Express destinations in Colorado. …

Continue reading »

Energy news in brief

** A federal judge has dismissed two of the Trump administration’s key arguments against California’s cap-and-trade agreement with Quebec. ** A federal nuclear regulator approves a nuclear waste storage facility near Carlsbad, New Mexico, finding a minimal impact on the environment despite concerns raised by opponents. ** A Wyoming bill requiring oil, gas, coal, and uranium producers to pay taxes on a monthly basis cleared …

Continue reading »

Tulsa’s Mid-Con Energy slashes losses

Tulsa’s Mid-Con Energy Partners, LP took some drastic actions in 2019 to do something about losses and as a result slashed losses in 2019, going from $18.3 million in 2018 losses to $599,000 last year. The 2018 losses amounted to 74 cents a share while the 2019 losses were only 17 cent per unit, all …

Continue reading »

Completion reports for March 13, 2020

Completion reports filed on March 13, 2020. CANADIAN COUNTY Cimarex Energy Co Woodford(11786): Oil 862 Gas 8822 Water 1312 Flow 22 11N 8W Bltw Com 1h-2227x, July 26, 2019 HH, OIL, TD: 21156 ft Lat: 35.41780, Long: -98.04255 API: 35017254040000 Cimarex Energy Co Woodford(9980): Oil 71 Gas 1066 Water 1640 Flow 17 11N 6W Ashcraft 1-19h, June 14, 2018 HH, GAS, TD: 14636 ft Lat: 35.42141, …

Continue reading »

Permits to drill for March 13, 2020

Permits to drill issued on March 13, 2020. Canadian County GLORIETTA 7_6-12N-8W #3MHX, March 12 2020 18 12N 8W NENWNWNE API: 01725614 Lat: 35.52159595232358, Long: -98.08600035270892 TRAVIS PEAK RESOURCES LLC MU, DR, 21473 ft, MISSISSIPPI(11055) Kay County ETU #19-3, June 26 2019 19 25N 1E NENWSWSE API: 07124911 Lat: 36.62560521940822, Long: -97.23638772316659 SNR NORTHERN OKLAHOMA OPERATING SH, …

Continue reading »

EPA won’t release pictures of Scott Pruitt’s soundproof phone booth

One environmental news organization reports the EPA is refusing to reveal a photograph of one of former EPA Administrator Scott Pruitt’s more controversial projects—his “privacy booth” created to protect his phone calls. E and E news says EPA officials claim that releasing a picture of it  could violate someone’s privacy or put someone’s life at …

Continue reading »

US and Oklahoma rig counts see few changes despite oil price war

Despite the dramatic plunge in oil prices, the U.S. oil and gas rig count dropped only one to 792 in the past week while Oklahoma remained steady with a count of 46 active rigs. However, the rig counts were also obtained as oil prices plummeted and companies started making cuts in capex for 2020. It …

Continue reading »

Work close at hand for Keystone XL pipeline

Preliminary work has started on the route of the proposed Keystone XL oil sands pipeline in Montana, while those fighting the project wait for a federal judge’s ruling to block the line. TC Energy, based in Canada said equipment began moving to the site in the past few days and crews will begin mowing and …

Continue reading »

Consumer Champion Award given to state regulator

  AARP Oklahoma State Director Sean Voskuhl and AARP Oklahoma State President Joe Ann Vermillion presented Oklahoma Corporation Commissioner Todd Hiett with the AARP Oklahoma Consumer Champion award on Wednesday, March 11, 2020. AARP Executive Council members Wayne Blackmon, Teewanna Edwards, Mary Ann Morris, Modina Allen and Mary Overall were also in attendance to honor …

Continue reading »