2020 archive

Oil and gas lobby group closes some state offices and consolidates

  The American Petroleum Institute announced Tuesday it would consolidate its state-level advocacy work into regional offices in eight states and close offices in 15 state capitals. The new regional teams will be based in Denver; Springfield, Ill; St. Paul, Minn.; Columbus, Ohio; Harrisburg, Pa.; Boston; Raleigh, N.C.; and Tallahassee, Fla., and are on track …

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Energy news in brief

** Senate Energy and Natural Resources Chairwoman Lisa Murkowski is pressing federal energy statisticians to publish data on oil storage capacity to help domestic producers navigate a flooded global market. ** The Trump administration defended its decision to finalize the rollback of clean car standards during the novel coronavirus crisis, prompting praise from conservatives and lawsuit threats …

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Helmerich and Payne cuts 2020 capex and future dividends

  Tulsa-based Helmerich & Payne, Inc. says it anticipates lower capital expenditures for the remainder of the year and announced intentions to lower future dividend payments and its remaining 2020 budget. The company said Wednesday that after reviewing its capital allocation policy decided to reduce the future quarterly dividends to $0.25 per share. The decision …

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CFO leaves Nine Energy

Oilfield services company Nine Energy Service, Inc.  announced  that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective Wednesday. Guy Sirkes, Vice President, Strategic Development, has assumed the role of Senior Vice President and Chief Financial Officer. Prior to joining the Company in March 2019, he was …

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Texas oil and gas industry launches coalition to minimize methane gas flaring

Nearly 40 Texas energy companies announced this week the creation and formation of the Texas Methane and Flaring Coalition, a group created to work on environmental progress. Based in Austin,the Coalition said it would collectively identify and promote operational and environmental recommended practices. The Coalition will evaluate existing data and evidence on flaring and methane emissions …

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Rick Perry warns US energy sector on verge of ‘massive collapse’ due to coronavirus pandemic

  Former Energy Secretary Rick Perry warned Tuesday on “Tucker Carlson Tonight” that the coronavirus pandemic has brought the United States’ once-thriving oil and energy sector to the verge of a “massive collapse.” Sweeping restrictions on work and travel have brought industrial activity to a near- standstill. Perry explained that fewer cars on the road and fewer flights in the air translate to a major decrease …

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Well completions still reported in Oklahoma

  A slowdown in drilling permits and completion reports is seen at the Oklahoma Corporation Commission in light of the oil price war and the impact of the coronavirus pandemic. But Camino Natural Resources Inc., based in Denver, Colorado and with assets in the SCOOP and Merge plays filed reports on two completed wells in …

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Permits to drill for March 31, 2020

Permits to drill issued on March 31, 2020. Custer County SWITZER #1-36-1XHM, March 30 2020 36 14N 14W NESENENE API: 03922586 Lat: 35.65051238283178, Long: -98.63317372122728 CONTINENTAL RESOURCES INC HH, DR, 23705 ft, MISSISSIPPIAN(12960), WOODFORD(14900) Grady County HALE #1-1X36X35X26H, March 31 2020 01 3N 6W NESWNWNW API: 05124777 Lat: 34.76655411660892, Long: -97.7891854723685 GULFPORT MIDCON LLC MU, DR, 26230 …

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Completion reports for March 31, 2020

Completion reports filed on March 31, 2020. BEAVER COUNTY Stephens Exploration Inc Chester(6556): Gas 266 Flow 33 5N 21E Ginger 1-33, March 22, 2018 SH, GAS, TD: 6828 ft Lat: 36.85269, Long: -100.79274 API: 35007257080000 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10353): Oil 450 Gas 4773 Water 2607 Flow 1 11N 8W Watch This 1208 36-25 2mxh, February 03, 2020 HH, OIL, TD: 20773 …

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Job furloughs hit major Colorado producer

  Nearly a month after cutting its budget by nearly 30% Houston-based Noble Energy, the second-largest oil and gas producer in Colorado started notifying hundreds of its employees they’ll be placed on unpaid furlough or moved to part-time work. The Houston-based company is reducing 30% of its work force to half-time hours or placing them …

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