2020 archive

Devon and WPX file merger proxy statement with SEC

  Leaders of Devon Energy and WPX Energy have filed a joint proxy statement with the SEC as the two Oklahoma energy companies prepare for their announced merger. The proxy filing did not set a date nor time for a shareholders meeting of each company. The meetings will be virtual because of the COVID-19 pandemic. …

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Phillips 66 adopts Google Pay at its gas pumps

  Phillips 66 is launching a new way of paying for gasoline at its 7,000 sites across the U.S. Drivers will be able to use Google Pay at Phillips 66, Conoco and 76 branded stations. The company announced it has worked with P97 Networks, considered a leader in cloud-based mobile commerce. As a result, it …

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Oklahoma oil patch veterans create new Denver oil company

  Even as COVID-19 continues hammering the nation’s oil and gas industry, someone sees enough light in the tunnel to dare to create a new oil and gas company and start making acquisitions of producing assets. They are veterans of Oklahoma’s oil patch. Newly formed FourPass Energy, LLC in Denver announced a partnership to acquire …

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Halliburton commits to greenhouse gas reductions

  Halliburton Company announced its commitment to set science-based targets to reduce greenhouse gas (GHG) emissions. The company submitted its commitment letter to the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature. With this commitment, Halliburton will submit targets in 2021 …

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Support swells for New Mexico congresswoman to be Interior Secretary

  New Mexico Democratic Rep. Deb Haaland has picked up more support in a movement to have to become Interior secretary in a Biden administration. POLITICO reported that more than 50 House Democrats formally backed her in a letter sent this week to President-elect Biden. As OK Energy Today reported, Haaland is being vetted for …

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Finalists list for US Space Command doesn’t include OKC

  If anyone had hopes that perhaps Tinker Air Force Base might become the new headquarters for U.S. Space Command, they were dashed when the Air Force announced this week that six locations survived the first round of cuts and Oklahoma was not included. At one point, chamber of commerce officials had hoped the giant …

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Decreased drilling continues to drag down Oklahoma Energy Index

  By all indications from the Oklahoma Energy Index, the state’s energy recovery from the effects of the COVID-19 pandemic might take longer than expected—perhaps not until late next year or even until 2022. The Index was released on Friday showing a nearly 37% decline compared to a year ago and a 0.6% drop just …

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Energy news in brief

** President-elect Biden’s pledge to halt new drilling on public lands will face numerous obstacles, including resistance from some Democratic governors reported the Washington Post. ** ConocoPhillips is planning to restart some drilling operations on the North Slope next year according to Alaska Public Media. ** Environmental activist Erin Brockovich slammed president-elect Joe Biden on Thursday for choosing Michael McCabe, a former DuPont …

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Cushing tank farm filling up again

Considered the pipeline crossroads of the world, the Cushing crude oil tank farm is filling up again close to the levels it reached in May when oil prices not only crashed, but crashed hard. Stockpiles reached 61.6 million barrels as of Nov. 16 which represents about 81% of capacity at the delivery point for West …

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Completion report for November 19, 2020

Completion reports filed on November 19, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Woodford: Oil 100 Gas 1142 Water 1276 Flow 8 11N 8W Reuter Trust 1h-8-17, August 28, 2020 HH, OIL, TD: 21730 ft Lat: 35.44872, Long: -98.06438 API: 35017256210001 CARTER COUNTY Citation Oil & Gas Corporation Penn Sd: Oil 6 Water 115 Pump 16 2S 2W Cox Penn Sand Unit 202, February 07, …

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