This summer, AAA forecasts Americans will take 700 million trips based on economic indicators and state re-openings. That number is down nearly 15% compared to last July through September and is the first decline in summer travel since 2009. AAA booking trends show Americans are making travel plans, though cautiously and more spur of the moment. “Americans will …
The 2020 IOGCC Annual meeting will be held next week in Oklahoma City. The agenda was released this week for the start of the meeting on Monday, June 29 followed by a June 30 meeting of the group’s Energy Resources, Research and Technology Committee. For those interested in attending any of the videoconference sessions …
Gasoline consumption in the United States has just hit a big milestone; it is now more than halfway back to pre-COVID-19 levels as motorists get back on the road amid at least a partial recovery of the U.S. economy, according to OPIS, an IHS Markit company. Fill-ups at the pump hit the rock bottom …
The COVID-19 pandemic and the resulting crude oil price crisis have forced leadership at Schlumberger to make more major changes. Schlumberger is planning to bear about $1.4-billion charges related to the ongoing restructuring and associated job cuts, said its CEO Olivier Le Peuch. Notably, the one-time charge will be in the range of $1.2 …
Completion reports filed on June 24, 2020. ELLIS COUNTY Fourpoint Energy Llc Cleveland(8521): Oil 516 Gas 1392 Water 1740 Pump 36 20N 26W Rock Creek 36×25-20-26 1ha, August 22, 2019 HH, OIL, TD: 17172 ft Lat: 36.15914, Long: -99.92951 API: 35045237920000 Fourpoint Energy Llc Cleveland(8584): Oil 381 Gas 1019 Water 550 Pump 36 20N 26W Rock Creek 36×25-20-26 2hb, August 23, 2019 HH, OIL, TD: 18380 …
Permits to drill issued on June 24, 2020. Cimarron County STATE OF OKLAHOMA E #3, June 24 2020 36 2N 9E CNWNW API: 02520639 Lat: 36.59346303289392, Long: -102.0480445891691 SELECT EXPLORATION GROUP LLC SH, RC, 5069 ft, TOPEKA(3404), MARMATON(4232), MORROW(4534) Custer County DORIS #2-12, June 24 2020 12 14N 18W CE2NWNE API: 03922281 Lat: 35.70913868646127, Long: -99.06319163038326 DUNCAN …
Crude oil prices took a noise dive in Wednesday’s trading as crude in the US and London dropped more than 5%. It was a race to see who dropped the most—crude oil or the crude production companies. West Texas Intermediate crude July futures dropped $2.36 a barrel or nearly 6% before settling at …
It would appear that American Electric Power Co. Inc. is going to be successful in its $2 billion plan to distribute electrical power from three wind farms acquired in Oklahoma. American Electric Power Co. Inc., one of the nation’s largest utility companies and highest-profile emitters, is facing yet another multibillion-dollar test to see …
While it’s unclear how it will impact the lawsuits filed by some Oklahomans, German pharmaceutical company Bayer said Wednesday it will pay up to $10.9 billion to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer. In a statement Wednesday, Bayer said it was also paying …
Oklahoma, Texas and Kansas are among the 18 states that contend it is “critical” for the Supreme Court to intervene in a circuit court case to allow an Army Corps of Engineers water crossing permits for new oil and gas pipelines. The states, led by West Virginia Attorney General Patrick Morrisey (R), said that …
