House Democrats didn’t let up on their attacks against the nation’s oil and gas industry during another hearing on Capitol Hill. While representative of four major oil companies didn’t attend the hearing as asked, the anti-fossil fuel House members pressed ahead. They read from newly released documents obtained from ExxonMobil, Chevron, Shell and BP as part …
Category: Oil & Gas
Other states still try to copy Oklahoma’s anti-protest energy law
A bill passed and signed into law in Oklahoma in 2017 has turned out to be something of a guidepost for 16 other states to use in creating laws against the kind of destructive protests like those held against the Dakota Access pipeline in late 2016. Other states are attempting to create the …
North Dakota oil production decline blamed on lack of workers
A shortage of workers is blamed for a 2.5% drop in North Dakota oil production in the month of July. The state’s Department of Mineral Resources reported July oil production slipped to just more than 1 million barrels a day reported the Bismarck Tribune. Click here for Bismarck Tribune
Headlines of other energy stories
** California regulators have taken away a key incentive for builders to use natural gas in new homes and commercial buildings as the state seeks to reduce greenhouse gasses and reach its climate goals. ** U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to …
Ground broken on $1 billion South Dakota jet fuel refinery
Ground was broken recently in South Dakota on a jet fuel refinery that is expected to cost an estimated $1 billion. The plant will be constructed by Gevo, a sustainable fuel production company. At least 1,000 workers will be needed for construction and eventually the plant will employ nearly 90 long-term workers. Gevo has …
Devon Energy among nation’s most active operators
A new report by Enverus Foundations shows Oklahoma City-based Devon Energy is among the top most-active operators in the U.S. As of Sept. 14, the most active operators in the U.S. are ConocoPhillips (28 rigs), EOG Resources (26), Pioneer Natural Resources (21), Devon Energy (20), ExxonMobil (20) and Mewbourne Oil (20). Conoco and Exxon …
Oklahoma energy stocks suffered as crude prices tumbled Thursday
Not only did oil futures take a big plunge on Thursday, so did Oklahoma energy stocks. Some firms saw losses of up to 11% as crude oil prices reached a one-week low. The drop in prices came as a tentative agreement was reached to avert a nationwide rail strike. Plus, expectations arose over weaker …
Oklahoma part of nation’s growth of natural gas well numbers
If you follow the completion reports published daily by OK Energy Today, you might have taken note of the growing number of gas wells in the state of Oklahoma. Some of the deep gas wells are drilled in western Oklahoma but others are explored in the Arkoma Basin of eastern Oklahoma, such as the Pittsburg …
Biden wants to bring back Obama EPA rules
Obama-era rules that arose from the deadly explosion and fire that tore through a fertilizer storage building in West, Texas in 2013 are in the process of being resurrected by the Biden administration. They were rules originally opposed by Oklahoma U.S. Sen. Jim Inhofe and U.S. Rep. Markwayne Mullin following the disaster. More than …
Ovintiv and Kingfisher County—more big wells
When Ovintiv files completion reports on wells drilled in Oklahoma’s Kingfisher County, you know they will be big producers. The firm’s latest three wells drilled on a single pad produced nearly 4,500 barrels a day when they were completed in April. How’s this for success? Wells with production of 1,735 barrels, 1,503 and 1,234 …