Just as the STACK and SCOOP plays in Oklahoma are suffering in the COVID-19 pandemic, so is the Permian Basin of West Texas and southeastern New Mexico and now New Mexico legislators are warned the Permian’s recovery will be a long time coming. New Mexico’s oil and gas business provided a record $3.1 billion …
New Mexico is seeking $1 million to expand its fleet of electric vehicles for the state government motor pool. General Services Secretary Ken Ortiz wants to add 28 electric vehicles and made the request in presenting his department’s budget request for fiscal year 2022 to the Legislative Finance Committee. “Climate change is here, and the …
NextEra Energy has unveiled Oklahoma’s first battery energy storage system located near Marlow in the southwestern part of the state. The Rush Springs Energy Storage system is made of nine storage containers filled with thousands of the sort of battery modules found in a laptop computer, but the site, according to NextEra could …
Completion reports filed on November 17, 2020. KINGFISHER COUNTY Bce-mach Llc Mississippian(6962): Oil 35 Gas 19 Water 35 Gaslift 34 18N 6W Steele 1806 2-34mh, August 14, 2020 HH, OIL, TD: 12367 ft Lat: 35.99966, Long: -97.83063 API: 35073266250000
Permits to drill issued on November 17, 2020. Blaine County KRACKEL #31-1H, November 16 2020 31 18N 12W SESWSESE API: 01123708 Lat: 35.985876628459415, Long: -98.51417924725587 STAGHORN PETROLEUM II LLC HH, RC, 14987 ft, MORROW(8593) Custer County DORIS #4-12, November 16 2020 12 14N 18W SWSESENW API: 03922590 Lat: 35.70427620644705, Long: -99.06780642974152 DUNCAN OIL PROPERTIES INC SH, DR, …
Tuesday’s Wall Street trading brought the reality to some Oklahoma energy companies that what goes up also must come down, this after some amazing increases recorded on Monday. West Texas crude for December contracts dropped 20 cents or less than one-half of a percent to $41.23 a barrel. Benchmark Brent crude slipped 7 cents …
Following layoffs into the thousands amidst the COVID-19 pandemic, Halliburton has resumed hirings at its southern Oklahoma operations in the city of Duncan. Halliburton’s website listed the areas of employment at its Duncan operations and the Oklahoma Office of Workforce Development indicated at least 170 workers will be hired. The state announcement came from …
Oklahoma oil and gas industry leaders are far from being alone in their nervousness over what a Biden administration means for them. After all, it is a place where Oklahoma City-based Continental Resources became a major player in oil production. Same in North Dakota where they too are filled with anxiety about his proclaimed …
A lawmaker in Texas wants to do what was attempted a few years ago in Oklahoma—collect more tax revenue from owners of electric vehicles and hybrids because they don’t pay gasoline or fuel taxes or as much as vehicles powered by gasoline and diesel fuel. Republican state Rep. Ken King of Hemphill filed the …
Devon Energy has donated boxed Thanksgiving meals for more than 800 families in western Oklahoma. The donations were made to residents in El Reno, Geary, Kingfisher, Hinton and Weatherford and through the Regional Food Bank. “Devon is committed to serving our community,” said Christina Rehkop, the company’s director of community relations. “We know …
