The requests of more than two dozen oil refineries to be exempt from US biofuel-blending requirements were rejected Friday by the Biden administration. It’s unknown who were the 15 unidentified small refineries that lost a decision by the Environmental Protection Agency. The refineries wanted the waivers from requirements to blend renewable fuels into gasoline …
Category: Oil & Gas
Government wants to shut down oil production in 9 Texas counties over lizard
A fight is in the making over the U.S. Fish and Wildlife Service decision to declare the Dunes Sagebrush Lizard an endangered species in the Permian Basin. The Service wants to shut down production in nine counties of the Basin and boy, has it angered Texas Congressman August Pfluger, State Sen. Kevin Sparks, the …
Energy briefs
** The Biden administration on Friday rejected more than two dozen oil refinery requests for exemptions from US biofuel-blending requirements. ** Exxon Mobil Corporation XOM has entered into an agreement to acquire Denbury Inc. DEN for $4.9 billion. The move is part of ExxonMobil’s plan to enhance its transition to clean energy with a well-established carbon dioxide sequestration operation. The …
Devon Energy records new producers in Blaine County
Devon Energy reported completion of three wells with production of more than 2,000 barrels of oil a day in Blaine County. The Burr Oak wells were drilled on a single pad at 26 15N 11W , a site a few miles northeast of the Greenfield community and just northwest of the Jesse Chisholm grave …
Farm and trade groups line up against Biden’s tailpipe emissions regulations
President Biden’s eager move to control tailpipe emissions ran into strong opposition this week as more than 100 energy and farm trade groups set a letter against them. Designed to force more electric vehicle sales, the rules were proposed by the Environmental Protection Agency but the opponents argue they also remove consumer choice reported …
Energy news at a glance
** Despite the billions of dollars invested by private corporations, and government subsidies, Americans are still indifferent as a whole over electric vehicles. Just two in every 10 Americans say they’re “very likely” to buy an EV as their next car, according to a survey by the University of Chicago’s Energy Policy Institute and the AP-NORC Center …
Another major acquisition is closed in the Permian Basin
Shale oil production is on the increase in the Permian Basin and Callon Petroleum Company of Houston wanted to get in while things are hot. It just closed a $300 million acquisition of oil and gas assets on the western edge of the Permian Basin from Percussion Petroleum Operation. The acquisition came after Callon sold …
More Continental Resources wells in southern Oklahoma
Again, OK Energy Today found itself ahead of all the completion reports filed for a series of Carter County oil wells drilled by Continental Resources. We reported earlier this week about three Courbet wells drilled at 27 1S 3W, a site about one mile east of Ratliff City and each produced from the Woodford formation. But …
Rep. Bice takes on Biden administration’s anti-gas stove movement
Oklahoma congresswoman Stephanie Bice took a move to stop the Biden administration from trying to eliminate gas stoves and other gas appliances, by introducing the Natural Gas Appliances Standards (GAS) Act. Her H.R. 4395 would address the Department of Energy’s (DOE) effort to eliminate gas appliances and allow consumers to choose what type of stove, …
Latest IPO in Permian Basin involves two former Ring Energy executives
Two former executives of Texas-based Ring Energy are forming their own company—Rise Oil & Gas. Hart Energy reported that Kelly Hoffman and Daniel Wilson have started laying the groundwork for an IPO of their Permian Basin E&P startup. Hoffman was CEO of Ring Energy and Wilson was Ring’s executive vice president and COO. Click here …