March 16, 2021 archive

Completion reports for March 16, 2021

HUGHES COUNTY Trinity Operating Usg Llc 21 7N 10E Dora 2-21/28h, September 08, 2018 SH, DRY, TD: 506 ft Lat: 35.06571, Long: -96.25579 API: 35063248450000

Permits to drill for March 16, 2021

permits: none were processed today

Angry Oklahoma farmers’ pipeline fight to go before FERC on Thursday

  The angry fight between Oklahoma farmers and Cheniere Energy over the construction of its Midship pipeline in the past three years goes before the Federal Energy Regulatory Commission on Thursday. The full commission is to review the dispute that arose over how Cheniere used eminent domain to acquire farmland for the 200-mile pipeline that …

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Utility gas bills get the attention of consumer groups

  The $2.2 billion spent by ONE Gas of Oklahoma during the February winter storm and resulting power losses got the attention of consumer advocacy groups in Kansas.   So did the $2.5 billion spent by Atmos Energy along with the $600 million by Black Hills Energy. The Lawrence Journal-World in Kansas reported the out-of-sight …

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Wind helps set renewable production record at Southwest Power Pool

  A record was set last week at the Southwest Power Pool and it didn’t have anything to do with a power crisis, a storm or rolling blackouts like those experienced by Oklahomans during the February winter storm. On Sunday, March 14, the Power Pool set a renewable penetration record of 81.39%, breaking the previous …

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Energy news in brief

** Spending by oil and gas companies operating in the UK North Sea fell to the lowest levels since 2004 last year as they concentrated on preserving cash during the pandemic, while production from the more than half a century-old basin has re-entered “longer-term” decline. ** The U.S. Congress is investigating a multibillion-dollar subsidy for chemically …

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US House hearings to explore Texas power crisis

  Congress wants to investigate the Texas power crisis caused by the February winter storm. Two subcommittees of the House Energy and Commerce Committee will hold two separate hearings on Wednesday, March 24. One will be held by the Energy subcommittee chaired by Illinois Democrat Bobby Rush and the other will be held by the …

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NOV expects lower 1Q earnings due to February storms

Severe weather last month in Oklahoma and Texas hit NOV Inc. so hard that the Houston company announced it anticipates operational disruptions and softer-than-expected customer orders will cause first quarter 2021 operating results to fall below previous guidance. “Unfortunately, the extreme winter weather across Texas and Oklahoma, the ongoing effects of COVID-19 lockdowns, and the continued spending austerity …

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New Mexico’s Democrat Governor wants her state to be exempted from Biden’s anti oil and gas moves

  While she is a Democrat and a supporter of President Biden, New Mexico Gov. Michelle Lujan also thinks her state should be exempted from the administration’s new anti-oil and gas policies. She’s worried about possible revenue losses for her state which is home to part of the massive Permian Basin that brought in millions …

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Increased drilling interest across the state

  With crude oil prices in the upper $60 range, there is growing interest in more drilling in Oklahoma as witnessed by the recent permits to drill issued by the Corporation Commission. Oklahoma City’s Chaparral Energy has become active again in drilling exploration after emerging last fall from Chapter 11 bankruptcy. The company received three …

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