The U.S. rig count rose by five in the last week to a total of 828 on July 28, according to Enverus Foundations data. The count is down 0.7% in the last month, but up 51% YOY. The number of active rigs running reached as high as 834 during the last week. The DJ …
Category: Oil & Gas
Pilot travel centers agrees to fine over water violations
Pilot Travel Centers and the Environmental Protection Administration reached an agreement in which the firm would pay at more than $121,000 fine for violating the Clean Water Act at its truck stops. The Omaha World Herald reported the violations occurred at the Pilot Travel centers in Nebraska, Missouri and Iowa. Click here for Omaha …
Gasoline prices continue falling in Oklahoma
Oklahoma, Kansas, Nebraska and Iowa are among those states with the largest drop in average gasoline prices. Oklahoma prices plunged 25 cents while prices in Kansas dropped 26 cents per gallon according to AAA. The new average this week in Oklahoma is $3.88 a gallon compared to $4.13 a week ago. A month ago, prices …
Williams shows progress toward 2030 climate commitment
Williams announced the release of its 2021 Sustainability Report, showing specific steps the company has taken toward meeting its 2030 climate commitment. In addition to providing a comprehensive review of environmental performance metrics, the latest sustainability report details the company’s focus on social and governance issues as it serves growing demand for clean, affordable …
New western Oklahoma gas well for Continental
Drilling in western Oklahoma by Continental Resources resulted in a Custer County gas well with production of more than 14,000 Mcf of natural gas a day. The company filed a completion report this week showing the Schrock 3-14-23-26xhm, located at 14 14N 14W, a site about 4 miles southeast of the town of Thomas. The well, …
Empire Petroleum sets annual meeting date
The annual meeting of stockholders of Empire Petroleum Corporation will be held in a month. The company plans the meeting on August 26 at 9 a.m. at 2200 S. Utica Place, Suite 150 in Tulsa. The agenda calls for the election of three directors, a vote to approve the compensation of the company executive …
Cushing sees slight increase in stored crude oil
Ever since the Cushing hub hit a low of 21.3 million barrels the first of July, storage has slowly increased. The U.S. Energy Information Administration reported this week Cushing had an estimated 23.5 million barrels of crude oil in storage as of July 22. It was an increase of 700,000 barrels from July 15 …
U.S. and world headlines
** A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to build greener cars. ** The Biden administration is announcing several initiatives aimed at boosting the deployment of solar energy. One of the initiatives, from the Department of Housing and Urban …
Sen. Inhofe and Republican Colleagues Introduce Transparency and Honesty in Energy Regulations Act
Oklahoma Sen. Jim Inhofe recently joined 12 Republican senators to introduce companion legislation and the Transparency and Honesty in Energy Regulations Act, a bill to prohibit the federal government from using the flawed social cost of carbon, social cost of methane, social cost of nitrous oxide, or the social cost of any other greenhouse gas …
OERB Offers Two Free Educational Workshops in August
The Oklahoma Energy Resources Board (OERB) recently announced two free virtual workshops designed to further your oil and natural gas education. SPCC Training August 4 | 11am | Zoom The first training covers the Spill Prevention, Control and Countermeasure (SPCC) rule. This class will discuss compliance and cover the requirements of facilities to develop, maintain …