Oklahoma congressman Markwayne Mullin got a better idea this week of the Republicans who he will work with on the House Energy and Commerce Committee. Chairwoman Cathy McMorris, a representative from Washington state announced eight new members to the committee—picks that have yet to be formally ratified by the full Republican conference. The 8 …
Big banks are up in arms over a move by the Office of the Comptroller of the Currency to adopt new standards to prevent those banks from banning investments in oil and gas. Banks had threatened to not make investments or loans to fossil fuel companies because they contended oil and gas is harming …
** Paris-based Total , Europe’s second largest publicly-traded oil-and-gas company by market value, said Friday that it was only “partially aligned” with the API’s positions on climate-change policy and wouldn’t renew its membership for 2021, citing disagreements with the API’s stances against electric-vehicle subsidies, carbon pricing and methane emission regulations. ** The U.S. Energy Information Administration reported …
Drilling records made available by the Oklahoma Corporation Commission show renewed interest in the state’s oil and gas fields as oil prices surpassed $53 a barrel. Several new permits to drill were approved in the past few days, including one to Latigo Oil and Gas Inc. for a well it plans to drill in …
Oil prices over the $53 a barrel mark are spurring more shale producers in the U.S.. to hedge their bets by locking in prices for future sales. Increased oil prices might have sparked some interest in renewed drilling but more explorers are looking to the futures market. , Analysts don’t believe the U.S. oil …
Permits to drill issued on January 14, 2021. Beaver County LILA CURTIS #1-5, January 14 2021 05 4N 28EC CW2NW API: 00725024 LATIGO OIL AND GAS INC SH, RC, 7000 ft, LOVELL(4862), ATOKA(6360), MORROW(6506) Blaine County WEST YELLOWSTONE #1-25H, January 14 2021 25 19N 10W SWSESESW API: 01124253 Lat: 36.08756288821039, Long: -98.22115866075958 KODIAK OIL & GAS EXPLORATION …
Completion reports filed on January 14, 2021. ALFALFA COUNTY Trans Pacific Oil Corporation 2 28N 12W Frieden A Swdw 2-2, November 03, 2020 SH, DISP, TD: 700 ft Lat: 36.93624, Long: -98.46150 API: 35003233880000 CANADIAN COUNTY Camino Natural Resources Llc Mississippi Lime(10990): Oil 265 Gas 3929 Water 3362 Flow 10 11N 8W Vince Gill 1108 10-3-1mxh, November 07, 2020 HH, OIL, TD: …
US crude oil prices easily topped the $53 a barrel mark in Thursday’s trading and started heading to $54 a barrel. Overseas oil prices closed up as well. West Texas Intermediate crude for February deliver rose 66 cents to finish the day at $53.57 a barrel on the New York Mercantile Exchange. Global benchmark …
Some of the creditors who fought Chesapeake Energy’s reorganization plan contending they would be shortchanged have lost their battle as a federal bankruptcy judge has signed off on the Oklahoma City company’s plan to exit bankruptcy. Judge David Jones of the U.S. Bankruptcy Court in Houston ruled this week in favor of confirming Chesapeake’s …
A new report by Enverus Rig Analytics based in Austin, Texas shows the U.S. oil and gas rig count increased by 10 in the past week to reach 405. It also revealed Devon Energy took major steps in protecting its future drilling on federal lands. The count is as of Jan. 13 and down …
