September 2020 archive

Oil and gas rig counts remain weak in Oklahoma and across the U.S.

  Stacked upright like power poles, the number of oil and gas drilling rigs in storage far exceeds those in use in the U.S. oil and gas plays. And the numbers saw little change in the past week. Oklahoma’s oil and gas rig count increased by one to reach 12 active rigs over the past …

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New Mexico newspaper has pointed questions about a Biden administration’s energy policy

  Editorial writers at the Albuquerque Journal don’t appear to be so eager to jump headfirst into an energy plan under an administration of Joe Biden, the Democrat presidential nominee. The newspaper’s editorial board also recently raised some tough questions about New Mexico’s own leaders when it comes to oil and gas. After all, New …

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Utility cutoff and eviction notices resume in Colorado

  Utilities in Colorado have been sending out shutoff notices following the end of the $600 federal unemployment benefit and a statewide eviction moratorium. Energy Outreach Colorado, which works with companies and public agencies to keep people’s power on, is seeing a spike in requests for help reported the Denver Post. Most utilities in Colorado suspended …

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Energy news in brief

** St. Louis-area civic leaders call on Ameren to retire its coal fleet by 2030, up to 15 years earlier than planned, in a rare public criticism of the utility. ** The USDA issues $1.3 million in grants to rural Minnesota farmers and businesses to install renewable energy and efficiency projects. ** Kansas City utility Evergy will be closely watched by regulators and activist …

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Completion reports for September 10, 2020

Completion reports filed on September 10, 2020. KINGFISHER COUNTY Ovintiv Mid-continent Inc. Mississippian (less Chester)(8763): Oil 430 Gas 1065 Water 1520 Flow 12 16N 9W Alan 1609 2h-13x, March 13, 2020 HH, OIL, TD: 19589 ft Lat: 35.87092, Long: -98.11270 API: 35073265000003 Ovintiv Mid-continent Inc. Mississippian (less Chester)(8871): Oil 265 Gas 392 Water 1457 Flow 13 16N 9W Alan 1609 7h-13x, March 18, 2020 HH, OIL, …

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Permits to drill for September 10, 2020

Permits to drill issued on September 10, 2020. Custer County KINCAID #21-1, September 10 2020 21 15N 17W CNE API: 03920904 Lat: 35.76524548169048, Long: -99.00906154433142 ENCINO OPERATING LLC SH, RC, 16035 ft, MORROW(11980)

Energy news in brief

** Enbridge will fully resume operation of a Michigan Great Lakes oil pipeline after a partial shutdown this summer because of damage to a support structure. Circuit Judge James Jamo signed an order allowing the Canadian company to restore the flow through one of its Line 5 pipes beneath the Straits of Mackinac, which connects Lake Huron …

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Oil prices post a loss as EIA reports first weekly U.S. crude-stock climb in 7 weeks

  Oil prices posted a loss on Thursday after U.S. government data revealed a weekly climb in U.S. crude inventories, on the heels of six consecutive weeks of declines, raising expectations of an oversupplied market as uncertainty continues to surround the outlook for demand. On Thursday, West Texas Intermediate crude for October delivery on the New …

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Energy stocks suffered in Thursday’s trading

  Local energy stocks in Oklahoma took a beating in Thursday’s trading with some firms seeing their shares drop 7-8%. One suffered a nearly 10% decline in the value of its shares. Alliance Resource Partners dropped 1% or 3 cents to $3.08. Blueknight Energy Partners ended the day down 2 cents or 1.38% to $1.43. …

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Corporation Commission locks media out of regulatory discussion involving a State Senator and his constituents

  So much for “transparency” at the Oklahoma Corporation Commission where on Thursday, OK Energy Today was cut off from monitoring a meeting held in the agency’s public headquarters building, a meeting called for by a publicly-elected State Senator where regulatory recommendations were discussed. It was a meeting where the Commission’s own COVID-19 regulations might …

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