Despite the COVID-19 pandemic in 2020, the year turned out to be a record year of oil and natural gas production in New Mexico. Home to part of the Permian Basin, the state produced 366 million barrels of oil and 1.94 million MCF of natural gas. The New Mexico Oil and Gas Association reported …
As the oil and gas industry struggles to resume drilling in Oklahoma, its latest efforts are revealed in the completion reports on file with the Corporation Commission. Crawley Petroleum Corporation reported the January 31, 2021 completion of a Major County well that had production of 468 barrels of oil a day and 1,886 Mcf …
Two years after four House Democrats launched an effort to get support for what they called their “Frack Pack” legislation targeting the oil and gas industry, they unveiled a new version on Tuesday. The package of five bills focused on tightening the rules around fracking and was introduced by Reps. Diana DeGette of Colorado, …
February natural gas bills are hitting businesses and consumers in Oklahoma, Kansas, Texas and other states and quite often, leaving some recipients in shock. The Kansas City International Airport’s February gas bill totaled $2.4 million which is about 30 times higher than normal according to a report by Fox4KC. Click here for the story. …
** A federal court in Idaho ruled a legal challenge led by two grassroots wildlife conservation groups against a natural gas pipeline can proceed. The proposed pipeline in question is the Crow Creek Pipeline. It is intended to provide natural gas to Afton, Wyoming via pipeline instead of the current method of highway transportation. The pipeline is …
Gasoline prices in Oklahoma and across the nation started showing signs of stability in the past week after weeks of daily increases at the pumps. Oklahoma’s average of $2.67 is only one cent higher than a week ago while the national average held steady at $2.88 for the last five days. The prices at …
Following steep declines last week, crude oil prices on Monday rose slightly and at the same time, Oklahoma energy stocks went through small drops in their prices. Analysts say the COVID-19 pandemic’s persistence is the problem. Investors aren’t sure that there will be much of an increased demand for gasoline especially after fresh lockdown …
Jeep apparently is not going to remove the name Cherokee from its popular SUV even though the principal chief of the Cherokee tribe in Oklahoma wants his tribe’s name removed from the vehicle. Jeep is set to unveil its new Cherokee and stands by its use of the name which it started 45 years …
The last time the Mesa Royalty Trust reported any distribution of income was in May of 2020. Like it has since June 2020, the Trust won’t have any monthly distribution for March according to an announcement. The trust announced to holders of record that costs, charges and expenses exceeded the revenue receive from the …
When Oklahoma Attorney General Mike Hunter joined dozens of other Republican attorneys general last week in suing President Biden over his move to kill the Keystone XL pipeline, it might have been a notice of more to come. Who knows. But it could also be a sign that the GOP attorneys general plan to …
