August 24, 2020 archive

Program to plug 400 abandoned oil field wells kicks off in North Dakota

  The state of North Dakota has launched a plan to plug hundreds of abandoned oil and gas wells in the state, a move that will keep nearly 1,000 oilfield workers employed through the rest of the year. An estimated 2,000 acres of oil infrastructure, gravel well pads and roads will also be returned to …

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Noble Energy shareholders to decide $13 billion Chevron merger in October meeting

  Shareholders of Noble Energy, Inc. are being asked to take part in a special meeting in October to approve the pending  $13 billion combination with Chevron Corporation. Noble announced the meeting will be Friday, October 2 at 10 a.m. Central Time. Friday, August 21 was the record date for shareholders entitled to vote at …

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Hundreds suffer water cutoffs in Amarillo after resumption following COVID-19 suspension

Sections   The city of Amarillo, Texas has resumed water cutoffs after suspending them in March because of the COVID-19 pandemic and already more than 300 customers have lost their water this month.  The Amarillo Globe-News reported that since Aug. 1, the city disconnected 345 water accounts for nonpayment. David Henry, the city’s communications manager, …

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Midland-Odessa, Texas area shaken by earthquakes

  The residents of Midland and Odessa, Texas were shaken early Monday morning by a 3.2 magnitude earthquake, following an earlier quake Sunday evening. Reports indicate the 3.2 shaker happened at 5:45 a.m. and struck in Midland County near the Ector and Midland County line. A 2.4 magnitude quake was recorded Sunday night, around 6 …

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Nearly 58% of Gulf off-shore oil production shut down by storms

    Offshore oil rigs in the Gulf of Mexico were evacuated well before Hurricane Marco hit the coast on Sunday. Reports indicated that as a result of Marco and threatening Tropical Storm Laura, energy operators had shut down nearly 58% or 1.07 million bbl/d of offshore crude production in the Gulf of Mexico. Also, …

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Companies realize benefits of working remotely during pandemic

The coronavirus pandemic has taught companies worldwide one thing—their employees can work remotely. And in many cases perhaps more efficiently. It largely depends on whether it is office work or field work. To some employees, it is clear that working at home remotely can make them more efficient without the usual office interruptions. Many workers …

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Three indicted in OKC on oil royalty scam charges

    An Oklahoma City federal grand jury has indicted three men on charges of diverting royalty proceeds to fictitious companies. One of the men, Casey Jobe of Edmond was a former division order analyst at Continental Resources. He along with Anthony Hilbers of Edmond and Brandon Colbert of Oklahoma City were named in the …

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Oklahoma jobless rate rose in July

  Oklahoma was one of nine states that saw an increase in its unemployment rate in July compared to the prior month, according to a government report. The U.S. Labor Department reported Friday that the state’s unemployment rate in July increased to 7.1%, a 0.7% increase from June’s rate, according to seasonally adjusted data.  The …

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Relocating Tesla workers get a surprise in Austin

    Any Tesla employees relocating to Austin for the company’s upcoming Cybertruck factory won’t be met by the same reprieve in real-estate prices that’s hit many other areas of the country. Business Insider reports home prices in the Texas Capital are still surging, despite some markets seeing a dip due to the COVID-19 pandemic and associated …

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EPA says exemptions to oil and gas operations to end this month

  Thousands of oil and gas operations, government facilities and other sites won permission to stop monitoring for hazardous emissions or otherwise bypass rules intended to protect health and the environment because of the coronavirus outbreak, The Associated Press has found. The result: approval for less environmental monitoring at some Texas refineries and at an …

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