2020 archive

Studies point to unsafe levels of formaldehyde exposure in oil and gas communities in NM

State health officials in New Mexico point to a new study that confirms their growing worries that communities near oil and gas development are being exposed to higher levels of hazardous pollution…especially high levels of formaldehyde. Tribal leaders say residents in northwest New Mexico near the Chaco reservation are especially exposed as shown in a health …

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5 Wind Energy Giants Embracing Solar Power

At least three major wind power companies with operations throughout Oklahoma are among those national and international firms also extending their business into solar power. They are Invenergy, NextEra and EDF Renewables, companies identified by Green Tech Media in a story about the 5 leading firms venturing also into development of their own solar power …

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Energy news in brief

** The operator of a mid-Michigan dam that broke Tuesday, causing severe flooding, had its hydroelectric license revoked in 2018 by federal energy regulators due to numerous safety violations. ** Geronimo Energy proposes a 128 MW solar project in western South Dakota. ** A Kansas City suburb adopts an ordinance requiring new commercial and residential structures to be designed with a roof and electrical …

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Alberta gears up for another legal battle over Keystone XL after Biden vows to pull permissions

  If Joe Biden is elected President and follows through with his threat to stop construction of the Keystone XL pipeline in the U.S. out of Canada, he’ll likely have to take on some of the Canadian government. That’s because Jason Kenney, Premier of Alberta reacted with this weeks Biden announcement indicating he will go …

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Final ownership of SandRidge Energy tower to be determined in weeks

  One way or another, the SandRidge Energy tower in downtown Oklahoma City is getting a new owner. What isn’t determined yet is if Robinson Park investment group, listed as the buyer in an SEC filing this week by SandRidge Energy will eventually turn it over to the state of Oklahoma. Reporter Randy Ellis with …

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Longtime ConocoPhillips Executive to retire

ConocoPhillips  announced this week the retirement of Don E. Wallette, Jr. as executive vice president and chief financial officer after a successful 39-year career with the company. Wallette’s retirement is effective on Aug. 31, 2020. In conjunction with Wallette’s retirement, the company also announced that William (Bill) L. Bullock, Jr., currently president, Asia Pacific Middle …

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Completion reports trickle in from new Oklahoma wells

A few completion reports continue to be filed with the Oklahoma Corporation Commission on new wells. Triumph Energy Partners LLC filed a report on the Nitzel 4-18 1412MH well completed in Blaine County at 7 14N 12W which is a site about 8 miles west of the community of Greenfield. The well had production of …

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Devon changes shareholders meeting to ‘virtual’

Devon Energy Corp. announced a change in the time and format for its 2020 Annual Meeting of Stockholders. Because of continued concerns about the COVID-19 pandemic, the Annual Meeting will be held solely by remote communication, in a “virtual-only” format. The previously announced date of June 3, 2020, has not changed, but the meeting will …

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Coronavirus virus payments returned by only a few oil and gas companies

  Only a handful of the 12 oil and gas companies that received emergency government aid given small businesses due to the coronavirus pandemic have returned the funding according to U.S. securities filings. The U.S. Treasury Department offered amnesty to public companies that return money they borrowed by May 18, saying it would deem they …

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Oil production to drop in June in the Anadarko Basin and other plays

  Oil production is tumbling quickly in the nation’s shale plays including the Anadarko basin of which Oklahoma is a part where the U.S. Energy Information Agency says it’s dropped by 28,000 barrels a day. The EIA’s Drilling Productivity Report shows the Permian basin will suffer the highest loss in June at 197,000 barrels a …

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