August 21, 2020 archive

Completion reports for August 21, 2020

Completion reports filed on August 21, 2020. GARFIELD COUNTY M M Energy Inc Garber /permian/: Oil 5 Water 100 Pump Hotson(1428): Oil 4 Water 20 Pump Hoy(1064): Oil 2 Water 20 Pump 19 22N 3W Kisner 54, September 26, 2019 SH, OIL, TD: 2150 ft Lat: 36.37565, Long: -97.56369 API: 35047012560005

Permits to drill for August 21, 2020

Permits to drill issued on August 21, 2020. permits: none were processed today

SandRidge Energy exec just made large acquisition of shares in the company

While SandRidge Energy reported a $216 million net loss in its second quarter, one company executive has just acquired 200,000 shares in the struggling firm. A filing with the Securities Exchange Commission on Friday showed Salah Gamoudi , SandRidge’s Chief Financial Officer and Chief Accounting Officer acquired the common stock in an August 11 transaction. …

Continue reading »

ConocoPhillips finalizes $390 million acquisition of Canadian holdings

   ConocoPhillips announced that it has completed the previously announced $390 million transaction to acquire additional Montney acreage in Canada from Kelt Exploration Ltd. The company also assumed approximately $30 million in financing obligations for associated partially owned infrastructure. The company now has 295,000 net acres in the Montney with 100 percent working interest. “The liquids-rich …

Continue reading »

Slight increase in active rig counts across the US while Oklahoma is unchanged

  The nation saw a slight increase of 10 oil and gas rigs in the past week to reach a total of 254  while in Oklahoma, the numbers were unchanged at eleven active rigs. The country’s storage yards are packed with rigs as energy companies realize the COVID-19 pandemic continues to cause layoffs, bankruptcies and …

Continue reading »

Court hearings this week in Dakota Access pipeline fight

  Deadlines in two separate federal courts arrive this week in the fight over efforts to shut down the Dakota Access Pipeline in North Dakota. The oil and gas industry and environmentalists are closely watching the case that could determine whether a three-year-old crude pipeline, which serves as the main crude artery from the Bakken …

Continue reading »

Small refinery biofuels exemptions issue still alive

  EPA’s online dashboard shows the agency has now received nearly 100 petitions for small refinery exemptions to the Renewable Fuel Standard mandates dating back to 2011. Since June, EPA has received two new petitions for each of 2011 and 2012, three new petitions for each of 2013, 2014 and 2015, plus one more for …

Continue reading »

Energy news in brief

** Jerome Bettis sued energy company EQT for $66 million in a federal court on Thursday alleging racial discrimination. The Hall of Fame running back who won a Super Bowl with the Pittsburgh Steelers is part owner of a trucking company called IntegrServ. He claims that EQT backed out of a business agreement with IntegrServ that was …

Continue reading »

GOP leader says New Mexico Governor is out of touch with her environmental policies

   New Mexico Governor Michelle Lujan Grisham was taken to task by one Republican leader over her Democratic National Convention speech where she touted the environmental policies of the Democratic party. Writing in the Carlsbad Current Argus, Rosie Tripp, a New Mexico Republican National Committeewoman accused the governor of embellishing her own environmental accomplishments and …

Continue reading »

Air Force to scale down use of training jets

  Flight training at the Vance Air Force Base in Enid will eventually play a role in the Air Force’s decision to scale down its use of the T-1 Jayhawk training fleet. As Defense Industrial Daily reported, the Air Force’s Air Education and Training Command is moving to put flight training students on the air …

Continue reading »