The Trump administration has asked the U.S. Supreme Court to revive a permit program that would allow the disputed Keystone XL pipeline and other new oil and gas pipelines to cross waterways with little review. Earlier this year, a Montana judge suspended the U.S. Army Corps of Engineers’ permit program when environmental groups seeking …
Schlumberger began “major changes” to its organizational structure aimed at cutting $1.5 billion in costs a year at the oilfield-services giant. Whether those “major changes” will be visible at its Oklahoma operations isn’t clear. Shares of the Houston company at last check were up 1.2% to $19.56. Chief Executive Olivier Le Peuch, speaking at the …
Mississippi is on the verge of becoming the 13th state in the past three years to slap new penalties on protests against fossil fuel infrastructure, a move adopted three years ago by the state of Oklahoma. A bill that cleared the Mississippi state Legislature earlier this week makes knowingly trespassing any property where …
Completion reports filed on June 16, 2020. completions: none were processed today
Permits to drill issued on June 16, 2020. Creek County VANORSDOL #2-29, June 16 2020 29 15N 9E SWNWSENE API: 03729454 Lat: 35.75039292876795, Long: -96.37288647786406 WFD OIL CORPORATION SH, DR, 2475 ft, LAYTON(1300), SKINNER(2300) Creek County CANADY #3 A, June 16 2020 14 16N 8E SWSESESE API: 03729453 Lat: 35.85760834610282, Long: -96.4244618857368 LUKE OIL COMPANY SH, DR, …
US crude oil July futures went up more than 3% in Tuesday’s trading on the New York Mercantile Exchange as West Texas Intermediate crude rose $1.26 a barrel to settle at $38.38. Brent August futures ended the day up 95 cents or 2.39% before finishing the day on ICE futures at $40.67 a barrel. …
Leadership at Oklahoma City-based Devon Energy confirms the company has shut-in 10,000 barrels of crude oil production a day. But Seeking Alpha reports Devon CEO Dave Hager also told the J.P. Morgan energy conference he expects the company to finish 2020 with output flat with 2019 levels. Hager downplayed the production cutbacks as “not …
** British oil major BP plans to write down up to $17.5 billion in assets after oil prices collapsed during the coronavirus pandemic. The supermajor said the value of the company’s assets is expected to fall by as much as $17.5 billion during the second quarter, when coronavirus-related travel restrictions plunged demand for gasoline, diesel and jet fuel. ** A drilling revival may …
The Oklahoma Department of Environmental Quality (DEQ) and the City of Tulsa are partnering to clean up asbestos in the Abundant Life Building also known as the Diamond Building at 1720 S. Boulder Ave. in Tulsa. The Abundant Life Building was constructed in 1957 as the international headquarters of the Oral Roberts Evangelistic Association, Inc. …
A petition in front of federal regulators to effectively overturn net metering policies nationwide faced overwhelming bipartisan opposition on Monday from state regulators, members of Congress, public power groups and others. Though several utilities filed to intervene on the petition, including Pacific Gas and Electric, Xcel Energy and Duke Energy, none filed comments by the June 15 deadline, …
