June 2021 archive

Court says FERC stuck its head in the sand over pipeline approval

  The Federal Energy Regulatory Commission’s approval of a 65-mile gas pipeline to bring natural gas to the St. Louis, Missouri area was struck down this week by a federal court which said FERC had taken “an ostrich-like approach” and ignoring its own standards by approving the line. A panel for the U.S. Circuit Court of …

Continue reading »

Plugging New Mexico’s abandoned wells would create thousands of jobs—with a catch

  Plugging New Mexico’s abandoned oil and gas wells could create more than 65,000 jobs and billions of dollars in wages according to a new study. But the analysis also indicated there’s a big if—–“if” the federal government helped. A report published Tuesday by New Mexico-based O’Donnell Economics pointed to the economic boost well plugging could …

Continue reading »

Chesapeake follows through with another step after emerging from bankruptcy

Chesapeake Energy took another step this week as part of its January 2021 emergence from its Chapter 11 bankruptcy that was filed one year ago. The company filed a prospectus with the Securities Exchange Commission for the resale of $1.5 billion of common stock held by certain investors who signed a Registration Rights Agreement in …

Continue reading »

Energy news in brief

** Even a more than 400% jump in the number of fracking crews working the U.S. shale patch isn’t enough to send oil output soaring. In fact, it’s just enough to keep production relatively flat this year, according to Primary Vision Inc., which has tracked data on frack crews since 2013. ** The chief executive officers of …

Continue reading »

Amazon becomes largest corporate buyer of renewable energy in the U.S.

  Amazon has become the largest corporate buyer of renewable energy in the U.S. and the world with the addition of 14 new renewable energy projects in Arkansas and other states as well as Finland and Spain. The company said the projects will advance its ambitious goal to power 100% of its activities with renewable …

Continue reading »

Shell and GM announce partnership on Texas power and car-charging

  General Motors and a Shell-owned power company announced a partnership on Wednesday aimed at providing renewable electricity to Texas customers and free overnight charging to state residents who own GM electric cars. Shell’s wholly owned subsidiary MP2 Energy, LLC joined GM in collaboration to provide energy solutions to GM customers and supply chain partners …

Continue reading »

Completion reports for June 22, 2021

CANADIAN COUNTY Citizen Energy Iii Llc Mississippian – Woodford: Oil 19 Gas 1856 Water 1628 Flow 11 11N 9W Latham 2h-14-23, May 15, 2020 HH, GAS, TD: 23140 ft Lat: 35.43622, Long: -98.12042 API: 35017255370000 GARVIN COUNTY Continental Resources Inc Woodford(13010): Oil 152 Gas 213 Water 4730 Flow 20 1N 1W Speyside 1-20-19xhw, March 27, 2021 HH, OIL, TD: 21590 ft Lat: 34.54330, Long: -97.31858 API: 35049253330000 …

Continue reading »

Permits to drill for June 22, 2021

Kingfisher County EAST HENNESSEY UNIT #264H, March 24 2021 15 19N 6W SWNENENW API: 07326747 Lat: 36.12992773927173, Long: -97.82833821855262 HINKLE OIL & GAS INC HH, AM, 12387 ft, MISSISSIPPI SOLID(6851) Mcclain County TECATE #0604 34-3-2MXH, June 22 2021 27 6N 4W NWSWSWSE API: 08722314 Lat: 34.958657407309154, Long: -97.6084538807932 CPRP SERVICES LLC MU, DR, 21150 ft, MISSISSIPPIAN(10650)

Scammers use Corporation Commission name in phony fund-raising scheme

  Someone apparently has been attempting to scam people out of money by using the name of the Oklahoma Corporation Commission in a phony fund-raising cause. The Commission issued an announcement Tuesday that false solicitation for donations using the agency’s name had been made for a supposed GoFundMe account. The account was under the campaign …

Continue reading »

Crude oil prices stumble in Tuesday’s trading but remain at $73 in US

  After Monday’s increase, crude oil prices took a slight fall in the US and in Europe on Tuesday and Oklahoma energy stocks went with them. West Texas Intermediate crude, considered the benchmark U.S. crude oil for July delivery dropped 60 cents and settled at $73.06 a barrel. The global benchmark, Brent crude for August …

Continue reading »