2020 archive

North Slope oil operations to resume by ConocoPhillips

   ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips Alaska, said the company in late May began a ramp-down ahead of plans to …

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Nation’s crude oil production is leaving its pandemic retreat

  Things are slowly reversing in the country’s oil and gas industry. Many producers are restoring their crude oil output and some are removing crude from storage. Reuters reported that U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to …

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Completion reports for June 17, 2020

Completion reports filed on June 17, 2020. CANADIAN COUNTY Camino Natural Resources Llc Woodford(11700): Oil 220 Gas 2025 Water 3110 Flow 6 10N 7W Mark Price 1007 7-18 1wh, March 20, 2020 HH, OIL, TD: 18267 ft Lat: 35.36399, Long: -97.98539 API: 35017255700000 Roan Resources Llc Mississipian: Oil 490 Gas 1139 Water 1479 Gas Lift 1 11N 6W Seabiscuit 1-12-11-6 2mxh, October 13, 2018 HH, OIL, …

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Permits to drill for June 17, 2020

Permits to drill issued on June 17, 2020. Carter County SW WILDCAT JIM DEESE UNIT #18-2-I, June 17 2020 07 2S 2W NENWNESW API: 01926396 Lat: 34.397535738412266, Long: -97.45132337133846 MACK ENERGY CO DH, DR, 4500 ft, DEESE(2820) Stephens County JONES QUINN #24, June 17 2020 23 1S 5W NESWSWSE API: 13727611 Lat: 34.45023710555484, Long: -97.69214687848266 SOUTHERLAND JOE …

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Crude prices up one day—down the next

  Even with US imports from Saudi Arabia down to nearly a 35-year low, crude oil prices are like a pogo stick…up one day and down the next. On Wednesday, prices dropped in the US and overseas. West Texas Intermediate July futures closed down 42 cents or 1%, settling at $37.96 a barrel in trading …

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KC Federal Reserve Bank reports impact from pandemic has bottomed out in the Midwest

  As the COVID-19 pandemic hit U.S. shores, a deep and broad downturn gripped the economies of both the United States and the Tenth Federal Reserve District, which includes Colorado, Kansas, western Missouri, Nebraska, northern New Mexico, Oklahoma, and Wyoming. Numerous stay-at-home orders were put in place across the country to slow the disease’s spread. …

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Leaders in Austin, Texas work to attract Tesla plant

  The city of Austin and its Travis County Commissioners are working to land a proposed new Tesla truck manufacturing plant, one that the city of Tulsa also hopes to land. Travis County Commissioners met this week in executive session to discuss how to bring the car marker’s operating to Texas and create thousands of …

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NextEra Energy donates after devastating March wildfire in NW Oklahoma

  NextEra Energy Resources, the world’s largest generator of renewable energy from the wind and the sun, announced a $14,500 donation to assist victims and first responders impacted by the wildfire that destroyed more than 30,000 acres and multiple homes in Beaver County in early March. Together with its corporate charitable foundation, NextEra Energy Resources …

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Energy news in brief

** Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product. ** As expected, PG&E pleads guilty to 84 felony counts of involuntary manslaughter in connection …

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Sen. Lankford says American Outdoors Act will only add to irresponsible spending

Environmentalists and conservationists are calling it a huge victory—the U.S. Senate vote this week in support of the Great American Outdoors Act which will fund $9.5 billion in national forests, parks and refuges. But Sen. James Lankford of Oklahoma voted against it, saying it only adds to the government’s irresponsible spending on federal land. He …

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