Oklahoma U.S. Sens. James Lankford and Jim Inhofe were joined by several other members of the Senate in filing a bill to stop President Biden’s administration from block new oil and gas drilling and mining on federal lands and waters. They filed the Protecting our Wealth of Energy Resources or POWER Act of 2021. …
January 2021 archive
Despite Biden attacks, oil and gas industry saw rig counts grow in Oklahoma and the US
While President Biden was targeting the nation’s oil and gas industry through his growing executive orders, the industry saw an increase in rig counts, both in Oklahoma and the rest of the country. Baker Hughes Co. reported Oklahoma’s count increased by one to reach 18 in the past week. A year ago, the state …
Energy news in brief
** Michigan’s environmental agency said Friday it has approved construction of an underground tunnel to house a replacement for a controversial oil pipeline in a channel linking two of the Great Lakes. The decision, a victory for Enbridge Inc., comes as the Canadian company resists Democratic Gov. Gretchen Whitmer’s demand to shut down its 68-year-old line in the Straits …
Texas Governor fights Biden’s executive orders with his own executive orders
Texas Gov. Greg Abbott has gone after President Biden’s executive orders against oil and gas by issuing his own executive orders giving state agencies the nod to file legal challenges to the Biden administration’s policies. “When it comes to threats to your jobs, you have a governor who has your back,” he told workers …
Completion reports for January 28, 2021
Completion reports filed on January 28, 2021. CANADIAN COUNTY Ovintiv Mid-continent Inc. Mssp / Wdfd: Oil 996 Gas 798 Water 2678 Flow 11 14N 7W Brueggen 1407 7h-2x, May 02, 2020 HH, OIL, TD: 19434 ft Lat: 35.69861, Long: -97.91090 API: 35017255840000 GARVIN COUNTY Ovintiv Mid-continent Inc. Springer: Oil 1631 Gas 1978 Water 1909 Flow 21 3N 4W Sandra Fiu 0304 1h-9x, November 17, 2020 HH, …
Permits to drill for January 28, 2021
Permits to drill issued on January 28, 2021. Comanche County WHITE #1-27, January 28 2021 27 3N 9W SENWNESE API: 03121488 Lat: 34.701009485389314, Long: -98.12657476983937 REDLAND RESOURCES LLC SH, RC, 9860 ft, CISCO(6633) Ellis County GROSS #3-16H, July 23 2012 16 18N 24W SESWSWSE API: 04523215 Lat: 36.028540959130446, Long: -99.76327051868546 PPP PETROLEUM LP HH, RC, 13800 ft, …
Weak trading for Oklahoma energy stocks on Thursday as crude oil futures fell
Oklahoma energy stocks ended up with mixed trading Thursday. One of the big gainers was Tulsa-based Cypress Environmental Partners LP which saw a 24% gain after shares went up 63 cents to reach $3.26 for the day. LSB Industries, Inc. on the other hand had the biggest percentage loss for the day of the Oklahoma …
Less than half of US voters support Biden’s move to halt Keystone XL oil pipeline
One political poll makes the claim that close to a majority of voters in the U.S. support President Biden’s killing of the Keystone XL pipeline. On the other hand, one might say less than half of those polled favored his move. It’s the reported finding of a new Just the News Daily Poll with Scott …
Residents of Colorado’s biggest oil producing county want to secede to Wyoming
Some residents of Colorado’s highest oil-producing county say they’ve had enough of being Coloradans. They want out. The Weld County residents want to become part of Wyoming and have started a secession movement called “Weld County, Wyoming.” They want voters to decide in November 2021 whether the county could be annexed with the state …
Murphy Oil wraps up past year with more than $1 billion in losses
Longtime Arkansas petroleum company Murphy Oil Corp., a firm that moved to Houston in 2020 reported a fourth quarter net loss of $172 million. The company said the loss was smaller than expected and said the adjusted net loss was $14 million or 9 cents a diluted share. The $172 million net loss amounted …