The U.S. rig count increased by three in the last week to 729 as of Feb. 17, according to Enverus Rig Analytics, putting it 3% above where it was a month ago and up 65% YOY. The daily count reached as high as 740 during the week, compared to a peak of 734 during …
February 2022 archive
Tie House vote kills New Mexico clean fuel standards bill
It was literally the middle of the night when New Mexico legislators in the state House came up with a tie vote, thus failing to create a clean fuel standard in the state. The House was deadlocked 33-33 on the bill after 10 Democrats, many from rural parts of New Mexico joined every Republican …
Witness warns Inhofe that Biden EPA plan is a recipe for disaster
A witness testifying before a Senate Committee hearing this week told Oklahoma U.S. Sen. Jim Inhofe there’s no doubt that if the Biden administration denies small refinery exemptions from biofuels mandates, it will result in even higher gasoline costs. It’s what LeAnn Johnson Koch, Partner, Perkins Coie, LLP told the Senator during a hearing …
More energy headlines
** Republican U.S. Bill Cassidy of Louisiana said on Wednesday he is blocking President Joe Biden’s nominees for environmental regulatory positions in a bid to win permission for his state to regulate storage of the primary gas blamed for climate change. It will prevent Senate floor votes on nominees at the Environmental Protection Agency. ** Colgate Energy, …
Marathon moves to cash returns over increased oil production
While some Oklahoma oil and gas operations intend to pour more funds into new exploration, one operator in the state isn’t doing the same. It’s what Marathon Oil announced this week, stating it will spend $1.2 billion on capital projects in 2022 which is about a 20% increase from last year’s level. The company …
Blackrock faces pushback in Texas over previous anti-oil and gas comments
BlackRock Inc., a major investor in oil and gas operations across the U.S. including those in Oklahoma is trying to persuade Texas pension fund operators it’s not as anti-oil-and-gas as it sounded in the past. The New York City-based company, the world’s largest asset manager with $10 trillion in assets under management as of …
Drag queen to run Department of Energy’s nuke waste program
No, that’s not something out of Hollywood. It’s a picture of a top energy department official in the Biden administration. Drag queen Sam Brinton has been hired as deputy assistant secretary of spent fuel and waste disposition in the office of nuclear energy for the Department of Energy. This is the very subject—nuclear waste—that drew the …
Completion reports for February 16, 2022
CADDO COUNTY Cemoil Inc 4 5N 9W Hoppin 3, January 20, 2022 SH, COMM, TD: 4085 ft Lat: 34.93921, Long: -98.15334 API: 35015364310003 CANADIAN COUNTY Paloma Operating Co Inc All Zones Producing(0): Oil 105 Gas 782 Water 1583 Flow 22 12N 8W Crooked Pine 22_15-12n-8w 4mhx, December 10, 2021 HH, OIL, TD: 21441 ft Lat: 35.49436, Long: -98.03332 API: 35017255680003 Paloma Operating Co …
Permits to drill for February 16, 2022
Carter County A. S. MOORE #5, February 16 2022 31 1S 3W CSWNESW API: 01923913 Lat: 34.42418575523625, Long: -97.55698659086056 SCOUT ENERGY MANAGEMENT LLC SH, RC, 5000 ft, FUSILINA(4436), TUSSY(4677), CARPENTER(4745) Carter County A. S. MOORE #4, February 16 2022 31 1S 3W W2SENESW API: 01923665 Lat: 34.42418565868288, Long: -97.55513967705365 SCOUT ENERGY MANAGEMENT LLC SH, RC, 5010 ft, …
US Senator to address water contract ceremony
Sen. Jim Inhofe will give remarks at the City of Enid and Army Corps of Engineers Kaw Lake Water Storage contract signing ceremony on Friday in Tulsa. The Senator’s office said the contract was made possible due to a provision Inhofe authored in Water Resources Development Act of 2020. Read more about this provision here. WHO: Sen. …