Cheniere Energy Partners, L.P. reported a $463 million net loss or $1.84 per basic share for the just-finished third quarter, an increase from the $318 million lost a year earlier, but it also had $109 million in net income compared to a net loss of $291 million a year earlier. Net income totaled 43 …
November 2020 archive
Hamm—Biden’s oil and gas admission came too late to save Trump
Oklahoma oilman Harold Hamm believes the Presidential election might have had a different outcome had the nation really learned much earlier of Joe Biden’s true intentions of eliminating the country’s oil and gas industry. Speaking recently after Continental Resources announced its third quarter earnings report and before Biden was declared the unofficial winner, Hamm, …
Energy news in brief
** U.S. energy company Energy Transfer LP announced it will finish work on its Mariner East 2X natural gas liquids pipeline in Pennsylvania by the end of the year and the final phase of the Mariner East projects in the second quarter of 2021. ** Colorado voters approved the reintroduction of wolves in the state, a plan …
Oil, gas and energy stocks had a massive ‘down’ day on Friday
As the U.S. held its collective breath awaiting the outcome of the presidential election and races for the House and Senate, investors apparently didn’t like what they saw and as a result oil and gas futures dropped in Friday’s trading. There’s only one word to describe what happened to Oklahoma and related energy stocks—DOWN! West …
Inhofe shows anger over forced resignation of Nuclear Security agency
The head of the National Nuclear Security Administration, Lisa Gordon-Hagerty resigned on Friday and Oklahoma U.S. Sen. Jim Inhofe isn’t happy about it saying she was forced out of office by the Secretary of Energy. Inhofe ripped Energy Secretary Dan Brouillette who had been odds for a year with Gordon-Hagerty after he requested less …
Completion reports for November 6, 2020
Completion reports filed on November 6, 2020. PITTSBURG COUNTY Trinity Operating Usg Llc Woodford-hunton: Gas 2712 Water 1903 Flow 12 7N 18E Donna 2-12/1h, June 07, 2019 HH, GAS, TD: 16030 ft Lat: 35.09220, Long: -95.35952 API: 35121248330000
Permits to drill for November 6, 2020
Permits to drill issued on November 6, 2020. Canadian County GLORIETTA 7_6-12N-8W #3MHX, March 12 2020 07 12N 8W SWSESWSW API: 01725614 Lat: 35.52300078055892, Long: -98.09365876957867 TRAVIS PEAK RESOURCES LLC MU, AM, 21473 ft, MISSISSIPPI(11055) Canadian County GLORIETTA 7_6-12N-8W #4MHX, March 18 2020 07 12N 8W SWSESWSW API: 01725615 Lat: 35.523000782066134, Long: -98.09372597768714 TRAVIS PEAK RESOURCES LLC …
Drilling rig numbers grow nationally but slip in Oklahoma
The nation’s oil and gas rig count increased by four to reach 300 in the past week, according to Baker Hughes Co. while Oklahoma’s rig numbers dropped by one. The effects of the COVID-19 pandemic continue to see oil and gas employment numbers at low levels and more drilling rigs in storage for the …
AEP shutting down coal-fired power plant in Texas
A coal-fired power plant in Texas is being retired by American Electric Power and the company said it will also discontinue the use of coal in another of its Texas power plants. AEP, parent company of Public Service Company of Oklahoma announced it will shut down the 580-megawatt Pirkey Plant in Hallsville and will …
EPA nomination watch in a Biden administration
As the numbers are still being crunched in the “too close to call” presidential race, there’s growing speculation about who might get the nod to run the Environmental Protection Agency in a Biden administration. POLITICO reported that two names are in the speculation barrel to be picked to run the EPA. One is Mary …