October 2021 archive

Mergers and acquisitions cooled in 3Q

  Chesapeake Energy’s recent acquisition of Vine Energy in a $2.2 billion deal is considered one of the top five energy acquisitions in the third quarter of 2021 according to Enverus, an energy data analytics and SaaS technology company. The listing was in the firm’s summary of 3Q21 U.S. upstream M&A activity. While mergers and …

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Why pipeline companies don’t like Nate Laps

  A former gas industry land agent who “switched sides” and now consults on behalf of landowners pushes federal regulators to shut down a pair of gas pipeline projects through Oklahoma and St. Louis. E&E News reports on the efforts of Nate Laps to help landowners in their fights with pipeline companies. Click here for E&E News.

First freeze of the season this weekend in Oklahoma?

  Yes, there really could be frost on the pumpkins sometime this week in Oklahoma. At least that’s the prediction and warning from Gary McManus, the State Climatologist with the Oklahoma Mesonet and the Oklahoma Climatological Survey. In his Tuesday morning newsletter, McManus wrote, “Oh by the way, the state will probably see its first …

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Data center to be built in Denton, Texas

  The North Texas city of Denton has been picked to be the site of a 300 megawatt blockchain data center by Core Scientific Holding Co. of Bellevue, Washington. Core Scientific is a blockchain infrastructure and digital asset mining firm and an affiliate of Tenaska Energy Inc., the same company with a power plant operation …

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Other energy stories around the US and world

** Protests at the White House on Monday led to 136 arrests, including many Indigenous leaders opposing fossil fuel projects. ** The Western States Petroleum Association has filed a 91-page lawsuit against California’s denial of fracking permit applications, claiming it oversteps the administration’s authority as laid out in the state Constitution. ** Mexico’s president presented details on …

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Apache ends flaring practice

  No more flaring—it’s the decision of APA Corp., the holding company for Apache Corporation. The company announced this week it has ended routine gas flaring on its U.S. onshore operations saying it has achieved one of its 2021 ESG goals three months ahead of schedule. “In early 2021, we set out to eliminate routine …

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Tapstone acquired in $419 million agreement

  Less than a year after Oklahoma City-based Tapstone Energy completed a Mid-Con acquisition and became the largest leaseholder owner in Oklahoma, the firm has been acquired by Alabama-based Diversified Energy in a $419 million deal. Tapstone owns and operates thousands of wells in the state and has mineral rights on 750,000 acres. Under a …

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Completion reports for October 11, 2021

completions: none were processed today

Permits to drill for October 11, 2021

Caddo County KAMM #1, October 11 2021 26 11N 11W CNW API: 01520713 Lat: 35.39539967999136, Long: -98.3372603637596 DEVON ENERGY PRODUCTION CO LP SH, RC, 12580 ft, TONKAWA(8786), OSWEGO(11342), CHEROKEE SAND(12200) Canadian County HALL UNIT #3, October 11 2021 27 12N 10W CW2E2SW API: 01723084 Lat: 35.48194018184609, Long: -98.24829075228936 DEVON ENERGY PRODUCTION CO LP SH, RC, 11978 ft, …

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To find a job or not find a job–Oklahoma update

  Unemployed people in states that cut off benefits early didn’t come rushing back to work—that’s the headline of a monthly update from Oklahoma’s Office of Workforce Development. Bill Hancock, Business Services & Rapid Response Coordinator reported, “These extra federal benefits have become a lightning rod. Many business owners and politicians complain the money is encouraging people to …

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