A Federal Reserve Bank of Dallas survey of U.S. energy executives shows about two-thirds of them believe crude oil production has peaked in the U.S. The survey results, released this week showed 66% of 154 oil and gas firm executives believe U.S. crude oil production has reached its peak. The executives were from Texas, …
NASA chief Jim Bridenstine told lawmakers Wednesday it was crucial for the US to maintain a presence in Earth’s orbit after the International Space Station is decommissioned so that China does not gain a strategic advantage. The first parts of the ISS were launched in 1998 and it has been continuously lived …
Completion reports filed on September 23, 2020. completions: none were processed today
Permits to drill issued on September 23, 2020. Cimarron County HANES TRUST #2-15, September 23 2020 15 3N 9E CSWNW API: 02521080 Lat: 36.72808465278412, Long: -102.08376057116995 T AND L OIL INC SH, DR, 4862 ft, RED CAVE(1625), COUNCIL GROVE(2850), HEEBNER(3210), CHEROKEE(4118), MORROW UP(4285), MORROW SAND LOW(4484), MISSISSIPPI(4780) Cimarron County HANES TRUST #2-15, September 23 2020 15 …
The crying towels were everywhere for Oklahoma energy companies and others following Wednesday’s trading where more than one firm saw a drop of 7 to 8% in share values. The nearly 1% drop or 2 cent decline to $2.92 for Alliance Resource Partners was mild compared to what some of the companies suffered. Blueknight Energy …
Oil futures gained on Wednesday as U.S. crude supplies declined for a second week in a row, but U.S. benchmark prices fell short of reclaiming the $40 mark, with coronavirus-related lockdowns in Europe raising expectations for weaker energy demand. Plus, oil stocks at Cushing remained at 54 million barrels. MarketWatch reported that on its …
Oklahoma U.S. Sen. James Lankford and three other Senators as well as a Texas Congressman contend the federal production tax credit for energy renewables should be eliminated and phased out. They suggest it’s time to sunset the credit for wind power. Lankford as well as Kevin Cramer (R-ND), John Hoeven (R-ND) and Shelley Moore …
The Oklahoma Corporation Commission is asking for public input regarding electrical restructuring as it works on development of energy resources in the state in order to make a presentation to the upcoming legislature. In an announcement this week, Brandy Wreath, Director of the Commission’s Public Utility Division said the electrical restructuring was a last-minute …
The natural gas coalition called ONE Future or Our Nation’s Energy Future announced that Oklahoma’s ONE Gas, Inc. has joined the coalition. It’s a group designed to recognize the importance of improving methane emissions. It brings the total number of member companies of ONE Future to 29. Member companies represent some of the largest U.S. …
New Mexico’s proposed regulations on methane emissions from oil and gas facilities continue to meet criticism from environmentalists and industry leaders alike as the public comment period for the drafted rules ended last week. Click here to read the full story in the Carlsbad Current-Argus.
