January 2021 archive

Alberta’s Premier called Keystone XL cancellation by Biden an “insult”

  Alberta Premier Jason Kenney didn’t mince words this week when President Biden cancelled the U.S. permit allowing construction of the Keystone XL pipeline. He wants to punish Biden and the U.S. over the cancellation that cost thousands of jobs.  “This is a gut punch to the Alberta and Canadian economies,” Alberta Premier Jason Kenney …

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Words of caution coming from Kinder Morgan

  The oil and gas industry is being warned about ramping up too quickly in the Permian Basin as oil prices hang around the $55 a barrel level. At a post-earnings call on Wednesday, Kinder Morgan’s president Kim Dang admitted there are concerns about the industry trying to claw too quickly back to pre-COVID-19 pandemic …

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Permits to drill for January 20, 2021

Permits to drill issued on January 20, 2021. Kay County GRIFFITH #2-15, January 20 2021 15 25N 2W SENWSWSW API: 07124830 Lat: 36.63912442672744, Long: -97.4067791695067 SNR NORTHERN OKLAHOMA OPERATING SH, RC, 4003 ft, HOOVER(2213), ELGIN(2323), TONKAWA(2812), PERRY(3118), LAYTON(3360), OSWEGO(3760), SKINNER(3916) Muskogee County COLE #2-7, January 20 2021 02 15N 15E S2SWSESE API: 10122951 Lat: 35.7990140182628, Long: -95.6809544697509 …

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Completion reports for January 20, 2021

Completion reports filed on January 20, 2021. CANADIAN COUNTY Ovintiv Mid-continent Inc. Woodford(9325): Oil 759 Gas 730 Water 1818 Flow 10 14N 7W Klade 1407 4h-3x, May 06, 2020 HH, OIL, TD: 19769 ft Lat: 35.69782, Long: -97.92995 API: 35017255930001 Urban Oil & Gas Group Llc 29 13N 8W Ccgu (Biehler 29- 1) 29-1 (Ccgu 3-29), December 29, 2020 SH, INJ, TD: …

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Seminole Nation plans to tax non-tribal oil and gas producers

  Yes, the Seminole Nation plans to tax oil and gas producers on its lands.  But tribal members won’t be hit by the taxes. In a statement clarifying the plan that prompted the state Attorney General to become involved last month, Chief Greg P. Chilcoat said this week his tribe plans to tax non-tribal members …

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Energy investors didn’t share enthusiasm on President Biden’s inauguration day

On the day Joe Biden was sworn in as President, Oklahoma energy stocks took a nose dive. Whether it reflected a lack of enthusiasm by the oil and gas industry for the green-minded President or the spread of the COVID-19 pandemic, it didn’t matter. What mattered was that energy stocks suffered serious losses including a …

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Oil group accuses Biden of a ‘slap in the face’ by killing Keystone XL project

      A “slap in the face to thousands of union workers,” and “a misguided move”….it’s what the American Petroleum Institute President Mike Sommers called President Biden’s move to effectively stop construction of the Keystone XL pipeline. It was one of Biden’s executives orders announced after he was sworn into office on Wednesday, an …

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Devon Energy makes time change for 4Q earnings call

  Devon Energy came out with a time change announcement Wednesday for its fourth quarter and full-year 2020 earnings conference call. The Oklahoma City company said the call will be at 9 a.m. Central Time which is earlier than the time originally announced. The call will consist of answers to questions from analysts and investors. …

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Bipartisan data privacy legislation filed in Oklahoma legislature

  Big tech companies that moved to squelch the voices of those critical of Democrats and now-President Biden might not appreciate a bill filed in Oklahoma legislature. A Democrat and a Republican have filed a bill to address concerns over data privacy and data manipulation. The Oklahoma Computer Data Privacy Act, House Bill 1602, would …

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Energy news in brief

**  U.S. energy regulators on Tuesday upheld Oregon’s denial for a clean water permit for the Jordan Cove liquefied natural gas (LNG) project, dealing a blow to plans for an export terminal favored by the Trump administration. **  Officials in Washington state denied a key permit for a large proposed methanol plant Tuesday, saying the project that …

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