Saying no president should have the authority to do what Biden did last week to the Keystone XL pipeline, Oklahoma Congressman Markwayne Mullin says it’s why he introduced a bill to prevent such actions in the future. He called the President’s cancellation of the line “Biden’s Assault on American Energy” and wrote about it …
February 2021 archive
Long shot effort filed by Republicans to bring back Keystone XL line
It’s considered a long shot but Republicans in the U.S. House and the Senate have introduced legislation to resurrect the Keystone XL pipeline after it was cancelled by President Biden in one of his first of dozens of executive orders. The bills by Montana Sen. Steve Daines and North Dakota Rep Kelly Armstrong would …
New study shows New Mexico’s state government faces massive loss over Biden drilling ban
In light of President Biden’s executive order banning new oil and gas drilling on federal lands, a new analysis of New Mexico’s revenue and spending showed that 18% of the state spending last year came from oil and gas production on federal land. It pointed out how the State’s economy and government budget could …
Chesapeake’s bankruptcy exit leads to layoff of more than 200 workers
As Chesapeake Energy announced a $1 billion note offering this week in preparation for its exit from Chapter 11 bankruptcy, the Oklahoma City company confirmed the layoffs of more than 200 employees. CEO Doug Lawler notified company workers in an email that the restructuring process that came about from its Chapter 11 bankruptcy filed …
Tumbleweed Midstream inks 10-year helium contract
Northern Colorado-based Tumbleweed Midstream, LLC announced it reached a new 10-year helium sales agreement with a global tier one helium supplier. Tumbleweed, headquartered in Cheyenne Wells said the new contract will deliver a top-rated customer for the company’s Ladder Creek plant’s helium production capacity. It will also provide the customer a steady supply of …
Nine Energy to release 4Q report in March
Houston’s Nine Energy Service, Inc. plans to release its fourth quarter earnings report on Monday, March 8. During the 9 a.m. Central Time conference call, management will discuss the financial and operating results for the quarter and for the full year ended Dec. 31, 2020. The company reported a net loss of $18.5 million …
Corken expands operations again in OKC
Pump manufacturer Corken Inc. is expanding its Oklahoma City operations. The firm is reported to be moving an operation from Chicago and expects to add 120 jobs over the next five years. At least 100 of the jobs are manufacturing while 20 are engineering. Just 18 months ago, Corken moved to a larger manufacturing …
Court rules against Indian tribes fighting northern Minnesota pipeline
Two America tribes attempting to shut down construction of the Enbridge Line 3 replacement pipeline in northern Minnesota lost their bid in the Minnesota Court of Appeals on Tuesday. Opponents of the Enbridge Line 3 replacement project, led by the Red Lake Band of Chippewa and White Earth Band of Ojibwe, said in …
Completion reports for February 2, 2021
Completion reports filed on February 2, 2021. ALFALFA COUNTY Trans Pacific Oil Corporation Mississippian(4891): Oil 56 Gas 124 Water 341 Pump 32 29N 12W Kisling A 1-32, December 02, 2020 SH, OIL, TD: 5550 ft Lat: 36.94580, Long: -98.51337 API: 35003233970001 CUSTER COUNTY Blake Production Company Inc Oswego(9879): Oil 995 Gas 867 Water 534 Flow 31 15N 14W Sabertooth 1-31h, July 09, 2019 HH, OIL, TD: …
Permits to drill for February 2, 2021
Permits to drill for February 2, 2021. Kingfisher County CAROL FIU 1607 #2H-18X, February 02 2021 19 16N 7W NESWSESW API: 07326722 Lat: 35.84265529456221, Long: -97.98908405589387 OVINTIV MID-CONTINENT INC. MU, DR, 18518 ft, MISSISSIPPIAN(8110), WOODFORD(8600