June 2020 archive

AEP’s Oklahoma wind project alive and well

  While thousands in the renewable energy industry have lost their jobs because of the coronavirus pandemic, several projects are going strong across the U.S. and one of them involves Oklahoma wind energy. Greentech Media recently cited five such major projects that have not been sidetracked by COVID-19 and American Electric Power’s North Central wind …

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Williams’ CEO offers healthy report on company’s growth

  The head of Tulsa-based Williams Companies, Inc. maintains demand for natural gas is strong despite the growth in renewable energy in the U.S. He also believes New York will reverse its opposition to a pipeline to bring natural gas to New York City. Speaking this week at the JP Morgan Virtual Energy, Power and …

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$3 billion in new energy projects planned by Xcel Energy

  Minnesota based Xcel Energy says it is planning $3 billion in energy projects as part of efforts to spur job growth and the state’s economy. The company responded to a request by the Minnesota Public Utilities Commission and Department of Commerce to assist the state recover from the COVID-19 pandemic. “COVID-19 put the brakes …

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Solar installation firm files bankruptcy

  Veteran roofer and solar installer PetersenDean filed for Chapter 11 bankruptcy protection in June with the intention of reorganizing its business and debt. The California-based company released a statement Tuesday citing the effects of the coronavirus pandemic as the motivation for the claim. The company’s leads had dropped nearly 70 percent between March and April, …

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North Slope oil operations to resume by ConocoPhillips

   ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips Alaska, said the company in late May began a ramp-down ahead of plans to …

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Nation’s crude oil production is leaving its pandemic retreat

  Things are slowly reversing in the country’s oil and gas industry. Many producers are restoring their crude oil output and some are removing crude from storage. Reuters reported that U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to …

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Completion reports for June 17, 2020

Completion reports filed on June 17, 2020. CANADIAN COUNTY Camino Natural Resources Llc Woodford(11700): Oil 220 Gas 2025 Water 3110 Flow 6 10N 7W Mark Price 1007 7-18 1wh, March 20, 2020 HH, OIL, TD: 18267 ft Lat: 35.36399, Long: -97.98539 API: 35017255700000 Roan Resources Llc Mississipian: Oil 490 Gas 1139 Water 1479 Gas Lift 1 11N 6W Seabiscuit 1-12-11-6 2mxh, October 13, 2018 HH, OIL, …

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Permits to drill for June 17, 2020

Permits to drill issued on June 17, 2020. Carter County SW WILDCAT JIM DEESE UNIT #18-2-I, June 17 2020 07 2S 2W NENWNESW API: 01926396 Lat: 34.397535738412266, Long: -97.45132337133846 MACK ENERGY CO DH, DR, 4500 ft, DEESE(2820) Stephens County JONES QUINN #24, June 17 2020 23 1S 5W NESWSWSE API: 13727611 Lat: 34.45023710555484, Long: -97.69214687848266 SOUTHERLAND JOE …

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Crude prices up one day—down the next

  Even with US imports from Saudi Arabia down to nearly a 35-year low, crude oil prices are like a pogo stick…up one day and down the next. On Wednesday, prices dropped in the US and overseas. West Texas Intermediate July futures closed down 42 cents or 1%, settling at $37.96 a barrel in trading …

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KC Federal Reserve Bank reports impact from pandemic has bottomed out in the Midwest

  As the COVID-19 pandemic hit U.S. shores, a deep and broad downturn gripped the economies of both the United States and the Tenth Federal Reserve District, which includes Colorado, Kansas, western Missouri, Nebraska, northern New Mexico, Oklahoma, and Wyoming. Numerous stay-at-home orders were put in place across the country to slow the disease’s spread. …

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