January 4, 2023 archive

Devon Energy names two new board members

  Devon Energy Corp. announced that Michael Mears and Gennifer Kelly have joined its board of directors. Michael Mears is the former chairman, president and CEO of Magellan Midstream Partners. Gennifer Kelly previously held the role of chief operating officer and SVP of Western Midstream Partners. “I am excited about the opportunity to work closely …

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XTO finishes 9-well project in southern Oklahoma

  XTO Energy Inc. filed completion reports this week on 9 wells it drilled in Carter County. It included two sets of multi-wells drilled on single pads. All 9 wells were Hewitt Unit operations and drilled within a mile or two of one another by the Spring, Texas based company. Three of the wells were …

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Sticker shock over skyrocketing gas bills

  For those who think their utility bills are too high in the wake of the Winter Storm Uri bond action that gave Oklahoma utilities the power to recover storm costs, utility customers in Kansas are feeling the same economic pain. Stick shock in the form of a Spire Energy bill is greeting some residents …

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Another state threatens banks for boycotting oil and gas industry

  As the Oklahoma State Treasurer reviews whether some banks and investment firms are discriminating against the state’s oil and gas industry, a move that could get them eliminated from state business, the treasurer in Kentucky announced this week 11 banks could lose Kentucky business. Treasurer Allison Ball has threatened to divest from the banks …

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Devon Energy leader explains Permian Basin focus

  A sit-down interview with Devon Energy’s Rick Muncrief. How and why Devon Energy’s main focus these days is the Permian Basin. Click here to read Hart Energy

Headlines of other stories

** President Joe Biden has named Willie Phillips, a Democrat, acting chairman of the Federal Energy Regulatory Commission, FERC said on Tuesday. Phillips joined the commission in December, 2021 after being appointed by Biden and approved by Congress. Phillips will be the first Black person to take the reigns at FERC. ** Two men were charged Tuesday …

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Media still banned from Keystone spill site in Kansas

  The oil is flowing again on the repaired Keystone Pipeline section where 14,000 barrels of crude spilled into a northern Kansas creek, but drones are still banned from flying over the site. The ban also includes the media, a move that prevents the public from seeing the full impact of the oil spill reported …

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House Republicans target Biden’s use of Strategic Petroleum Reserve

  With Republicans back in control of the House, they are targeting energy measures in proposed legislation, including releases from the nation’s Strategic Petroleum Reserve. While some in congress contend President Biden used releases from the Reserve for political purposes in 2022, they want to make sure he isn’t allowed to do it again. The …

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