** The Trump administration is joining NextEra Energy Inc. in urging a federal court to reconsider a case on a 2019 Texas law giving already established utilities priority in constructing transmission lines. ** A California state agency is requiring homes on cliffs to be built farther away from the water because of sea-level rise. That’s igniting …
2020 archive
Oklahoma revenue drops again—worst yet to come says Treasurer
The latest revenue figures announced by Oklahoma Treasurer Randy McDaniel show a decline of oil and gas gross production for the month of March, but he also suggests it is “the calm before the storm” even as oil prices rebounded slightly but still remained below $30 a barrel. McDaniel knows the coronavirus effects combined with …
Rep. Mullin says President is doing “the right thing”
House Energy Action Team co-chairs Rep. Jeff Duncan (R-S.C.) and Rep. Markwayne Mullin (R-Okla.) joined House Republican Whip Steve Scalise (R-La.) to applaud President Trump’s action to make 30 million barrels of the Strategic Petroleum Reserve’s oil storage capacity available to struggling U.S. oil producers. “We applaud President Trump for announcing today that his Administration …
STACK produces more wells for Devon Energy and Jones Energy
More wells have been completed in Oklahoma’s STACK play including a Devon Energy well producing nearly 1,400 barrels of oil a day and two Jones Energy wells with combined production of nearly the same amount. Devon’s Fleenor 8_5-15n-10w 2hx was drilled at a site at 7 15n 10W or about six miles southeast of …
International rig count is falling
Baker Hughes announced Friday that the Baker Hughes international rig count for March 2020 was 1,059, down 26 from the 1,085 counted in February 2020, and up 20 from the 1,039 counted in March 2019. The international offshore rig count for March 2020 was 244, down 1 from the 245 counted in February 2020, and down 3 from the 247 counted in March …
DPS closes driver’s license stations in Oklahoma
Oilfield truckers and those doing maintenance on wind farms in Oklahoma who need to renew their drivers license might have to wait a while because of the coronavirus. As the Tulsa World reported, the Department of Public Safety announced it will disengage from in-person public interactions until further notice in reaction to the continual spread …
Midland driller lowers oil production
At least one West Texas oil production company has cut its production for the remainder of 2020. Diamondback Energy Inc. announced a 5% cut in oil production and intentions to hedge the majority of its output. With prices of West Texas Intermediate oil sagging to $20.09 in recent days, the Midland, Texas-based company said it …
Denver oil company cuts budget and executive pay
Another energy company is taking drastic steps to preserve its financial integrity while oil prices are in the mid $20 and the coronavirus results in decreased demand for gasoline. This one is based in Denver, Colorado…..Extraction Oil and Gas confirmed it has reduced its drilling and oilfield development spending by 42%. The company also cut …
Completion reports for April 2, 2020
Completion reports filed for April 2, 2020. BLAINE COUNTY Devon Energy Production Co Lp Mississippian / Miss’an Less Chester: Oil 1376 Gas 2912 Water 624 Flow 7 15N 10W Fleenor 8_5-15n-10w 2hx, June 21, 2019 HH, OIL, TD: 21019 ft Lat: 35.78387, Long: -98.30082 API: 35011241640000 Devon Energy Production Co Lp Mississippian / Miss’an Less Chester: Oil 1376 Gas 2912 Water 624 Flow 7 15N …
Permits to drill for April 2, 2020
Permits to drill for April 2, 2020. Canadian County LILLIAN 1405 #3-33MH, April 09 2019 04 13N 5W NESENENW API: 01725436 Lat: 35.635982942034246, Long: -97.73709636623948 RED BLUFF RESOURCES OPERATING LLC HH, AM, 12846 ft, MISSISSIPPIAN(7416) Canadian County LILLIAN 1305 #3-4MH, April 09 2019 04 13N 5W NESENENW API: 01725437 Lat: 35.63598294889599, Long: -97.73719732008414 RED BLUFF RESOURCES OPERATING …