More completion reports filed this week show how Denver-based Ovintiv Mid-continent Inc still managed to find big producing wells in Oklahoma’s STACK play last year despite the massive slowdown industry-wide caused by the COVID-19 pandemic. The company reported two wells drilled on a single pad in Kingfisher County with combined production …
Despite President Biden’s freeze of new drilling permits on federal lands, his administration still approved at least 31 new drilling permits including in the state of New Mexico. Bloomberg reported at least nine permits were granted by the Bureau of Land Management for wells in Montana, New Mexico and Wyoming. They went to Jonah …
In what his critics point out is another case of “rules for thee, but not for me,” U.S. Special Envoy for Climate John Kerry owns a private jet while at the same time chiding the fossil fuel industry. This is the John Kerry, now considered to be the Biden administration’s Climate Czar who suggested …
Tulsa’s Citizen Energy III filed completion reports this week on two natural gas wells with combined production of more than 22,000 Mcf a day from a Custer County site. Trinity Operating had producers in eastern Oklahoma. The two WI wells, located at 8 13N 14W on a single pad or about 6 miles due north of …
It was though the markets didn’t know quite how to respond to President Biden’s move to freeze new oil and gas drilling on federal lands. Oil prices showed little change even after U.S. crude oil stocks dropped by close to 10 million barrels last week, reaching their lowest levels since March. U.S. West Texas Intermediate …
Oklahoma Republican Congressman Tom Cole says the President’s executive order freezing all new oil and gas drilling on federal land is not only a “misguided moratorium” but shows Biden “making political decisions to accommodate the most radical wing of his party.” In a statement after the President’s action Wednesday at the White House, Rep. …
Oklahoma Congressmen Markwayne Mullin and Frank Lucas joined other members of the U.S. House Energy Action Team in denouncing and heavily criticizing President Biden’s order signed Wednesday banning all new oil and gas leasing on federal lands and waters. “It was no secret President Biden planned to destroy the oil and gas industry if …
It’s all about business. While fighting biofuel mandate waivers for small refineries like the Wynnewood Refining Company in Oklahoma, the Iowa Renewable Fuels Association has now come out in a fight against electric cars. It’s what Iowa Renewable Fuels Association executive director Monte Shaw said during a virtual Renewable Fuels Summit on Wednesday. He …
The governor of Iowa is making a push to require new fuel pumps across her state to include higher blends for ethanol and biodiesel. Speaking at a virtual Renewable Fuels Summitt, Gov. Kim Reynolds said she was excited to advance policies that will grow the biofuels and ag industry. “That means making biofuels …
The oil and gas industry in Wyoming as well as its state leaders are waiting for the hammer to fall if President Biden follows through with a total suspension of all new oil and gas leasing on federal lands. Here’s why. In Wyoming, nearly 51% of oil is drilled on public land and 92% …
