Category: Oil & Gas

Williams to release 4Q earnings report Feb. 22

Williams plans to announce its fourth-quarter and full-year 2020 financial results after the market closes on Monday, Feb. 22, 2021. The Tulsa company’s fourth-quarter and full-year 2020 earnings conference call and webcast with analysts and investors is scheduled for Tuesday, Feb. 23, 2021, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). Williams reported net …

Continue reading »

Still more Ovintiv wells completed in Oklahoma’s STACK

  Ovintiv Mid-Continent Inc. showed it isn’t finished filing completion reports on big producing wells drilled last year. The latest were in Canadian County which is part of the STACK play and southeast of Okarche where the company had been active in the past year. All five were Brueggen wells, three drilled at a single …

Continue reading »

Oil futures increased in Monday’s trading to hit $56 a barrel overseas

  Oil futures saw some gains in Monday’s trading as West Texas Intermediate crude, considered the benchmark U.S. oil for March delivery rose $1.35 to finish at $53.55 a barrel on the New York Mercantile Exchange. Brent crude for April delivery finished up $1.31 to close at $56.35 in trading on ICE Futures Europe. March …

Continue reading »

Governor says Oklahoma’s oil and gas industry will be protected

  In his State of the State Address Monday to the Oklahoma legislature, Gov. Kevin Stitt vowed protection for the state’s oil and gas industry. “We’ll support our oil and gas industry and protect it from radical liberals in Washington,” said the governor in referencing how he and legislative leaders are working to craft “the …

Continue reading »

New Mexico mayor expresses ‘disdain’ for Biden’s executive orders

  The Mayor of Carlsbad, New Mexico was blunt in his assessment of President Biden’s most recent anti-oil and gas executive order—the one banning new drilling on federal lands. “National comments that thousands of oilfield workers can “just find other jobs” have come across as unsympathetic, unrealistic, and certainly unhelpful. Rural, working-class Americans feel dismissed …

Continue reading »

Biden doesn’t want to talk with Senators about oil and gas orders

  President Biden asked Republican US Senators to meet with him to discuss his COVID-19 relief bill but not the request of Sens. Jim Inhofe, James Lankford and others to talk about his oil and gas job-killing executive orders. As of last Friday, White House press secretary Jen Psaki made it clear Biden had no …

Continue reading »

Oil and gas industry slighted in New Mexico Governor’s State of the State Speech

  New Mexico Gov. Michelle Lujan Grisham didn’t get high marks from at least one major state newspaper for her State of the State speech delivered last week when she didn’t come to the defense of the oil and gas industry. The Albuquerque Journal, in an editorial opinion criticized her for giving little mention of …

Continue reading »

Arkansas pipe maker stunned by Keystone XL cancellation

  When President Biden cancelled permits for the Keystone XL pipeline project, it was felt all the way to Little Rock, Arkansas home of Welspun Tubular LLC. Leadership of the company was disappointed because the firm had added 50 more employees for a workforce of 600 since announcing a contract in August 2020 to provide …

Continue reading »

Senator says Biden’s call for unity isn’t reflected in anti-oil and gas orders

  Wyoming Sen. John Barrasso, the top Republican on the Senate Energy and Natural Resources Committee says he’s ready to work with President Biden to solve our energy challenges, but he’s not seeing actions reflecting Biden’s unifying words on Inauguration Day. Writing an opinion piece in Monday’s USA Today, the Republican senator said Biden’s killing …

Continue reading »

OVINTIV 4Q results to be revealed Feb. 17

  After recently filing completion reports on major producing oil wells in Oklahoma, Denver-based Ovintiv Inc. plans to release its 2020 fourth quarter and year-end results on Wednesday, Feb. 17. The release will be made after the close of markets and a conference call will be held the morning morning at 9 a.m. Mountain Time. …

Continue reading »