After serving as the senior vice president of government affairs and public policy for The Petroleum Alliance of Oklahoma, Adria Berry is returning to state government work to become the new executive director of the Oklahoma Medical Marijuana Authority. Gov. Kevin Stitt announced Berry’s appointment this week saying she would address challenges caused by the growing …
August 2021 archive
DEQ updates mercury and fish advisory list of Oklahoma lakes
Seven Oklahoma lakes have been added to the Oklahoma Department of Environmental Quality list of lakes with consumption advisories for mercury. Five other lakes were removed from the list since recommendations were last made early in 2020. The lakes with new advisories are: Chandler Lake Lake Hefner Shawnee Twin Lakes Sooner Lake Lake Tenkiller …
ConocoPhillips might sell its Williston Basin assets
ConocoPhillips isn’t saying much publicly about it, but the company with major Oklahoma ties has hung out the “For Sale” sign on its Williston Basin oil assets. Bloomberg first reported the news this week but stated that ConocoPhillips spokesman Dennis Nuss declined to comment. However Bloomberg cited “people with knowledge of the matter” in …
Government leasing to resume soon?
The federal oil and gas leasing program is reportedly set to resume soon after a Louisiana federal judge ended the Biden administration’s suspension following a lawsuit by Oklahoma and a dozen other oil and gas producing states. Even though the Biden administration challenged the court decision this week, an official with the Bureau …
Environmental study claims most Permian Basin flaring in Texas is done without permits
The environmental group Earthworks claimed this week that major oil producers in the Permian Basin of Texas are burning off gas without required state permits. Reuters reports the claims were made against Exxon Mobil and Royal Dutch Shell. Click here for Reuters story
Five straight days of falling oil prices
The fall of crude oil prices hit a fifth day on Wednesday, thanks in part to how growing COVID-19 cases across the U.S. and the world will affect the outlook for fuel demand. Investors are worried the surge in cases will eventually result in a growth of crude oil in storage. The tumble in …
Cushing hub drops to nearly 3-year low
The amount of crude oil in storage at the Cushing hub in northern Oklahoma is at its lowest level since October 2018 and stands at 33.6 million barrels according to the U.S. Energy Information Administration. The EIA said Cushing’s crude stocks fell by 980,000 barrels last week as inventories at the country’s largest oil …
OKC oilman honored by Oklahoma Petroleum Alliance
(Petroleum Alliance Legacy Award recipient Kim Hatfield, right, is presented his award by outgoing Alliance Chairman David Le Norman.) Oklahoma City oilman Kim Hatfield was recently named the inaugural recipient of the Legacy Award given the Oklahoma Petroleum Alliance. Hatfield is CEO of Oklahoma City’s Crawley Ventures and Crawley Petroleum. He is a member of the …
Oil and Gas Lien Act becomes law in Oklahoma
Members of the Oklahoma Energy Producers Alliance applauded the recent signing of the Oklahoma Oil & Gas Lien Act into law by Gov. Kevin Stitt. They were on hand for the signing ceremony at State Capitol as Senate Bill 632 became law. “This is a huge legislative win for Oklahoma producers,” said OEPA Chairman …
Basic Energy files bankruptcy while selling assets
Basic Energy Services Inc. of Fort Worth entered Chapter 11 bankruptcy this week while at the same time undertaking asset purchase agreements with Axis Energy Services Holdings, LLC, Berry Corporation and Select Energy Services, Inc. The deal will give Axis all of the company’s Well Servicing and Completion & Remedial segment assets outside of …
