Iowa U.S. Sen. Chuck Grassley calls it an “outrageous giveaway” and wants to raise the royalties paid by oil and gas companies for production on federal lands. He’s joined forces with New Mexico Democratic Sen. Tom Udall in introducing what they call the Fair Returns for Public Lands Act, one that would increase royalties …
** Chevron Corporation announced Thursday a 2021 organic capital and exploratory spending program of $14 billion and lowered its longer-term guidance to $14 to $16 billion annually through 2025. ** EPA Administrator Andrew Wheeler is quarantining after exposure to a person diagnosed with Covid-19. Wheeler had contact earlier this week with a masked person who …
West Texas Intermediate crude could soon become a part of the global oil benchmark Brent Crude. Bloomberg says S and P Global Platts is considering including WTI Midland crude to its main North Sea benchmark, a move it reports could potentially transform a marker price for millions of barrels of crude oil transactions every …
When NextEra Energy put Oklahoma’s first battery energy storage system on line last month near Marlow, it joined a quickly growing national movement of energy storage. In the last three months, the energy storage market in the U.S. has boomed reported QUARTZ which stated that new data from Wood Mackenzie gave a major boost …
The shutdown of Shell’s refinery in Convent, Louisiana started this week. Unable to sell the 211,146 barrel-per-day refinery, Shell made the decision last month to permanently close the operation. The operation had been suffering due to the COVID-19 pandemic and lack of demand for gasoline. Click here for story from Reuters.
Completion reports filed for December 2, 2020. CANADIAN COUNTY Camino Natural Resources Llc Woodford(10688): Oil 163 Gas 1657 Water 4276 Flow 31 13N 7W Guthrie 1207 6-7 2wxh, August 24, 2020 HH, OIL, TD: 21239 ft Lat: 35.55374, Long: -97.98696 API: 35017255620000 Red Bluff Resources Operating Llc Meramec: Oil 146 Gas 1015 Water 2462 Pump 21 14N 5W Bromlow 1405 8-28mh, October 21, 2019 HH, OIL, …
Permits to drill issued on December 2, 2020. Creek County MURREL ##4, December 02 2020 23 16N 8E N2SENWSE API: 03729465 Lat: 35.84753088578744, Long: -96.42818996974555 LUKE OIL COMPANY SH, DR, 3750 ft, CLEVELAND UP(1788), OSWEGO(2188), PRUE 404PRUE 2340 8 DUTCHER (ATOKA)(3183), SKINNER(2490), RED FORK(2640), BARTLESVILLE UPPER(2830), BARTLESVILLE LOWER(2850) Love County CAROLYN #1-2H35X, December 02 2020 02 …
Fox News reported Wednesday night that New Mexico Democratic Gov. Michelle Lujan Grisham turned down an offer to become Interior Department Secretary in a Biden administration. The network quoted sources for its late afternoon report. Earlier, there had been broadcast and published reports, including by Fox News that Gov. Grisham was being considered to …
While OPEC+ continued squabbling over possibly ending its extension of restrictions on oil production, crude prices were mixed in Wednesday’s trading, falling in the U.S. and climbing in Europe. West Texas Intermediate crude for January delivery ended down 43 cents for a nearly 1% fall to $44.85. However, during the day its price reached …
OGE Energy Corp. announced Wednesday its Board of Directors had approved a first quarter dividend to be paid next month. The dividend of $0.4025 per share of common stock will be paid Jan. 29, 2021 to shareholders of record on Jan. 11 of the new year. The amount is the same as the dividend …
