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Permits to drill for August 7, 2020
Permits to drill issued on August 7, 2020. Kay County LADY JANE #3-33, August 07 2020 33 28N 5E W2NESWNW API: 07124919 Lat: 36.86438822322239, Long: -96.77688867378663 MACKEY CONSULTING & LEASING LLC SH, DR, 3300 ft, NEWKIRK(1500), COTTAGE GROVE(2100), TRUE LAYTON 405LYTNT 2250 8 RED FORK(2975), CLEVELAND(2700), BIG LIME(2800), OSWEGO(2850), SKINNER(2950) Rogers County RICE SWD #18-2-I, August …
Oil and gas campaign money flows to the President
Campaign contributions show the oil and gas industry heavily supports President Donald Trump over presumptive Democratic Presidential candidate Joe Biden. Data from the Center for Responsive Politics shows oil money has gone to the President’s re-election efforts in the 2020 campaign. According to the data as of August 2020, President Trump has received US$936,155 …
$1.1 billion in senior notes offered by Pioneer Natural Resources
Texas-based Pioneer Natural Resources Company is attempting to raise more money from investors through a new public offering of $1.1 billion in senior notes. The company announced that it has priced a public offering of $1.1 billion of 1.90% Senior Notes that will mature August 15, 2030 pursuant to an effective shelf registration statement …
Energy news in brief
** TVA reverses course and rehires 102 workers it let go after President Trump complained it was replacing Americans with foreign workers — a misnomer since the number of employees working on H-1B visas is low. ** Talos Energy, a Houston oil and gas company, said it lost $140.6 million during the second quarter. While Targa Resources, a Houston natural gas pipeline …
EPA ignores tribal opposition to methane rollback
The Environmental Protection Agency’s rule to reduce or remove requirements for oil and gas companies to monitor and mitigate methane releases is being fought by Native American tribes in New Mexico. Their focus of the fight is in northwest New Mexico—-better known as the Four Corners Region. Four Corners has the highest concentration of …
Rig count is stable in Oklahoma but slips in the rest of the U.S.
The latest rig count in the U.S. by Baker Hughes Co. showed a decline of four nationwide while the number of working oil and gas rigs in Oklahoma was unchanged at eleven. Still, the decline represented a 15-year low in U.S. shale fields as drillers parked more and more of their rigs. Oklahoma’s count …
Oil lower as U.S.-China tensions mount
Increased tensions between the U.S. and China are blamed for causing a slip in oil prices in Friday’s trading, this after President Donald Trump imposed a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps Tik Tok and WeChat. West Texas Intermediate crude for September delivery dropped 73 cents or …
Wind farm fight moves ahead in Kansas court
The fight between a wind farm operator who wants to build near Hutchinson Kansas and Reno County is far from over after a district judge ruled the lawsuit against the county can proceed. Reno County District Judge Tim Chambers issued an order denying a motion by Pretty Prairie Wind for an immediate appeal on an earlier …
Will SandRidge Energy survive? SEC filing is revealing
While the new CEO at struggling SandRidge Energy in Oklahoma City expressed optimism during a conference call about the company’s chances of survival, a filing with the SEC contains some serious reservations. In a filing with the Securities Exchange Commission, SandRidge stated, “We currently project that we will not have sufficient cash on hand …
USDA invests $29 million in Oklahoma’s rural broadband service
The USDA’s decision to invest more than$29 million to provide broadband service in unserved and underserved rural areas of Oklahoma has drawn applause from Oklahoma leaders. It is also a boost for two rural telephone companies. Rep. Frank Lucas (OK-03), U.S. Sen. Jim Inhofe, Governor Kevin Stitt and Oklahoma Secretary of Agriculture Blayne Arthur …
