Former longtime Iowa Gov. Terry Branstad contends carbon capture and storage is “one of the most meaningful steps” that can be taken to limit greenhouse gas emissions. Writing in the Des Moines Register, he said it has the potential to bring together individuals and organizations across the political spectrum. Click here for Des Moines …
July 2021 archive
Watchdog wants feds to acknowledge investors’ influence on Evergy expenses
The Federal Energy Regulatory Commission has a decision to make—whether to consider the influence of activist shareholders on the decision-making of the Kansas-based utility Evergy. The nonprofit group Public Citizen, one that represents consumers is urging the FERC to recognize two investment firms as part of Evergy reported the Kansas Reflector. Click here for the …
Foundation to expand well plugging operations
Kansas could soon be the next site of the efforts of a Montana-based nonprofit that caps abandoned oil and gas wells to stop methane emissions. The Well Done Foundation got it start two years ago and plans to expand operations this fall according to a report by the Washington Post. Click here for Washington Post story.
Energy news in brief
** Oil prices rose on Monday, driven higher after the OPEC+ group of producers again called off talks on output levels, failing in its third attempt to resolve a deadlock on increasing production, and leaving the oil market facing tight summer supplies and rising prices, Reuters, Bloomberg and the Wall Street Journal reported. ** The …
Developers drop plans for Byhalia Connection in Memphis
Opponents of the proposed Byhalia Connection crude oil pipeline through Memphis are celebrating after Plains All American Pipeline and Valero Energy Corp. dropped plans to build the line. Considered one of the biggest environmental controversies in Memphis, the project would have put the line through mostly Black South Memphis neighborhoods. Click here to read …
Williams announces Upstream Operator and Joint Venture in the Wamsutter Field
Williams announced that it has finalized an upstream joint venture with Crowheart Energy in the Wamsutter Field of the Greater Green River Basin of Wyoming. The joint venture involves the consolidation of three legacy operating assets consisting of over 1.2 million net acres, over 3,500 operating wells, and more than 3,000 potential development …
Completion reports for July 5, 2021
completions: none were processed today
Permits to drill for July 5, 2021
permits: none were processed today
Nation’s oil and gas rig count increased in past week
The number oil oil and gas rigs actively seeking new energy in the U.S. rose by 5 in the past week to reach 475 while Oklahoma’s numbers were unchanged. Oklahoma’s rig count remained at 27 compared to the 10 rigs reported one year ago this past week according to figures supplied by Baker Hughes …
Despite Friday slip, US crude oil prices remain above $75
Investors await Tuesday’s crude oil trading to see if US prices rebound from the Friday slip and whether European prices continue their climb upward. The drop in the benchmark U.S. crude oil prices also dragged some Oklahoma energy stocks with it. West Texas Intermediate crude oil for August delivery slipped 7 cents to $75.16 …
