March 2020 archive

Senate approves emergency relief bill—House votes next

The U.S. Senate late Wednesday voted 96-0 to approve the $2 trillion emergency relief bill aimed at overcoming the economic affects of the coronavirus pandemic.Oklahoma Sens. Jim Inhofe and James Lankford were among those who voted in support of the largest economic rescue package in U.S. history.”To all Oklahomans—our families, our students, our small businesses …

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Energy workers are considered “essential” in Governor’s order

When Oklahoma Gov. Kevin Sitt signed an order this week forcing the closure of all “non-essential” businesses in many counties, it left some puzzled as to the definition of what’s considered “essential.” Energy operations are considered essential and that includes oil and gas operations as well as those maintaining the state’s extensive system of wind …

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Pandemic slows efforts of environmentalists

  Not only is the energy industry dealing with the impacts of the coronavirus pandemic—so are environmentalists fighting some of the oil and gas projects in the U.S. And it’s helping energy companies who have to deal with the environmentalists. They’re facing new challenges as well—mostly because the pandemic has stalled or stopped their efforts …

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Halliburton cuts deal to help oil exploration in Siberia

Oilfield services firm Halliburton and Russia’s Gazprom Neft have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in Siberia, Gazprom Neft said on Thursday. Cooperation between Western and Russian oil and gas producers has been curtailed by the sanctions imposed on Russia by the United States and Europe …

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Judge isn’t finished with Dakota Access pipeline case in North Dakota

A federal judge on Wednesday ordered the U.S. Army Corps of Engineers to conduct a full environmental review of the Dakota Access pipeline, nearly three years after it began carrying oil despite protests by people who gathered in North Dakota for more than a year. U.S. District Judge James Boasberg wrote that the easement approval …

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Massive spending cuts announced by Chevron

California-based Chevron Corp. , whose upstream arm is based in Houston, has joined a growing list of oil and gas producers that have announced multibillion-dollar cuts for the year. Chevron is shedding 20 percent of its capital expenditure budget for 2020, landing at $16 billion for the year, according to a March 24 press release. …

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No help from congress now for ailing oil and gas industry

  The $2 trillion plan to help the ailing U.S. economy because of the coronavirus pandemic did not include help for the oil industry. But it could be included in future help offered by Congress. Specifically, the plan to purchase 77 million barrels of crude oil for the nation’s Strategic Petroleum Reserve was removed from …

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Completion reports for March 25, 2020

Completion reports filed for March 25, 2020. CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10686): Oil 323 Gas 4211 Water 2539 Flow 11 11N 8W Johnny Bench 1108 11-14 1mxh, December 14, 2019 HH, OIL, TD: 18458 ft Lat: 35.44162, Long: -98.00872 API: 35017255300000 Travis Peak Resources Llc Mississippi Lime(11797): Oil 144 Gas 7860 Water 1622 Flow 31 12N 8W Prairie Prince 25-12n-9w 1mh, December 07, 2019 …

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Permits to drill for March 25, 2020

Permits to drill issued for March 25, 2020. Creek County LLAMA #13-2, March 25 2020 13 14N 9E CS2SWNW API: 03729449 Lat: 35.69040427513098, Long: -96.31411470778315 BARDEN/BASS OIL & GAS EXPLORATION SH, DR, 4000 ft, SKINNER(2120), RED FORK(2280), BARTLESVILLE(2660), GILCREASE(2990), VIOLA(3600), WILCOX(3660) Mcintosh County TESLA #5-17-20WH, March 25 2020 08 8N 13E SWNWSWSE API: 09121827 Lat: 35.1764334769423, Long: …

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Oil makes slight increase in Wednesday’s trading

The price of oil rose again on Wednesday but less than half a dollar a barrel. Trading saw a second day of at least one major oil company’s shares climbing significantly. West Texas Intermediate crude rose 48 cents before ending the day at $24.49 a barrel, a change of 2 percent.  Brent crude in London …

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