** A federal appeals court denies a request to stop work on the Mountain Valley Pipeline, upholding an agency’s finding that the pipeline won’t significantly affect endangered and threatened species according to the Roanoke Times. ** More than 100 green groups signed onto a letter Wednesday urging top appropriators on the Hill to remove a provision in the Senate’s latest …
2020 archive
Energy bankruptcies on the increase
A published report indicated the number of bankruptcies filed by energy companies increased in the third quarter of 2020 as they became apparent victims of the coronavirus pandemic. One of the latest of course was Oklahoma City-based Gulfport Energy which went to bankruptcy court with a Chapter 11 filing last weekend. The Houston Chronicle reported …
New transmission lines for parts of New Mexico and Texas
A 10-year project to build a new transmission line in New Mexico is close to completion according to Xcel Energy. Well, maybe not that close. It could take another two to three years to finish. The story from KVIH TV news.
Completion reports for November 18, 2020
Completion reports filed on November 18, 2020. GRADY COUNTY Roan Resources Llc Mississippian/woodf Ord: Oil 401 Gas 3349 Water 2475 Flow 28 10N 6W Whb Cattle 33-10-6 3wh, August 10, 2018 HH, OIL, TD: 15805 ft Lat: 35.30601, Long: -97.84556 API: 35051243530000
Permits to drill for November 18, 2020
Permits to drill issued on November 18, 2020. Love County AKIN SWD #1, November 18 2020 24 8S 1E SWSWSWSW API: 08521320 Lat: 33.84033772707438, Long: -97.15980378985408 FIRST ASCENT OPERATING LLC SH, DR, 4200 ft, HOXBAR(3413), DEESE UP(3982)
Pfizer couldn’t help Oklahoma energy stocks Wednesday
Energy stocks in Oklahoma and those of companies with operations in the state showed a mix in Thursday’s trading. They joined a national movement of losses which reversed the gains made earlier in the week when Pfizer’s COVID-19 vaccine announcement was made. West Texas Intermediate crude dropped 17 cents on the barrel to end …
Former Chesapeake accountant joins Governor’s cabinet
Former Chesapeake Energy accountant Amanda Rodriguez was named this week the chief financial officer for the state of Oklahoma. Gov. Kevin Stitt named her the state’s first such officer and she will become one of three women in the governor’s cabinet. Rodriguez worked with Chesapeake Energy since 2007 and in 2019, was named an …
Corporation Commission to consider extension of COVID-19 restrictions
Oklahoma Corporation Commissioners are being asked to make a proposed fifth order extending COVID-19 protections in their agency. The issue is on the Thursday agenda when the commissioners meet at 1:30 p.m. Tim Rhodes, Director of Administration at the Commission made the request to extend the restrictions for another 60 days. The restrictions include …
Only a ‘modest’ recovery in rig counts says Enverus
A new analysis of oil and gas activity by Enverus indicates only a modest recovery in the U.S. rig count since it bottomed out in July but at the same time, frac crew activity has picked up strongly in some parts of the country. The data analytics company headquartered in Austin, Texas made the …
FAA clearance of 737 Max could mean return of jobs in Oklahoma
The Federal Aviation Administration this week approved the return to the skies of Boeing’s troubled 737 Max airliner and it could mean the rehiring of workers at a handful of Oklahoma operations. “Five companies with major operations in Oklahoma got good news today with the FAA approval of 737 Max going back in service,” …