With oil prices at the $55 a-barrel range, the U.S. rig count increased by 5 in the past week to reach 378 while Oklahoma’s count was unchanged at 17 working oil and gas rigs. The resulting conclusion—there are still a lot of rigs in storage according to the latest weekly numbers from Baker Hughes …
Two of the three U.S. refineries that received biofuels waivers in the last days of the Trump Administration’s EPA belong to the Sinclair Oil Operation and are located in Wyoming. Quoting unnamed sources, Reuters reported the waivers were approved for the 85,000 barrel-per-day Sinclair Wyoming refinery and the 30,000 bpd Sinclair Casper refinery. Reuters …
While President Biden effectively eliminated the Canada-to-US Keystone Xl pipeline, another oil and gas industry pipeline is in the works to carry carbon dioxide across Wyoming. But this one is a carbon-capture line. Supporters describe it as the largest such network approved in North America—that is, if it is developed and not opposed by …
Completion reports for January 21, 2021. CANADIAN COUNTY Ovintiv Mid-continent Inc. Mississippian/woodf Ord: Oil 1562 Gas 130 Water 1199 Flow 15 14N 7W Klade 1407 8h-3x, May 03, 2020 HH, OIL, TD: 19852 ft Lat: 35.69596, Long: -97.93389 API: 35017255960001 CARTER COUNTY Mack Energy Co Deese(2800): Oil 46 Gas 10 Water 101 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 19-2-i, October 23, 2020 DH, …
Permits to drill for January 21, 2021 permits: none were processed today
One Oklahoma oil and gas leader, in an “I told you so” response predicted the actions taken by President Biden against the oil and gas industry won’t be the last. Petroleum Alliance of Oklahoma President Brook Simmons said we can expect more. “This is just the start. It will get worse,” he said in …
Oklahoma City’s Devon Energy was one of those oil and gas companies hit by the latest energy attack of the new Biden administration. The administration temporarily suspended oil and gas permitting on federal lands and waters. The move was described as the latest Biden effort to fight climate change and target the fossil fuel …
Day two of the Biden administration and his moves to eliminate the Keystone XL pipeline and to rejoin the Paris Climate Accord might have sent the wrong signals to investors in Oklahoma energy stock. Many suffered losses for a second consecutive day with two notable exceptions. Chesapeake Energy Corporation saw a 34% gain as …
Oklahoma U.S. Sen. James Lankford joined the list Thursday of those critical of President Biden’s fast move to eliminate approval of the Keystone XL pipeline in the country. “Yesterday’s irrational denial of the Keystone XL permit damages our relationship with Canada and will lead to higher prices at the pump for consumers,” said the …
Oklahoma Congressman Frank Lucas is critical of President Biden’s move to rejoin the Paris Climate Change agreement, the one abandoned during the Trump presidency. In a statement Thursday, Rep. Lucas, the ranking Republican on the House Science, Space and Technology Committee said the Paris Agreement is not the way to address global greenhouse gas …
