Data provided by the U.S. Energy Information Administration shows the number of drilled but uncompleted wells in the Anadarko Basin of which Oklahoma is a large part continued to decline as of last month. The EIA reported Monday that it estimated the number of DUCs was about 6,521 in the seven major tight oil …
Category: Oil & Gas
Contract approved for ONEOK’s new President/CEO
ONEOK’s Board of Directors recently finalized the annual salary of the company’s newly-named President and Chief Executive Officer, Pierce H. Norton II. A filing with the Securities Exchange Commission revealed Norton will be paid $835,000 a year as of June 28, the effective date he assumes the position according to the filing of the …
Senator takes on what he calls “Biden’s reckless climate crisis”
If only America’s technology companies could be inoculated against the Biden administration’s reckless climate crisis rhetoric, we’d be better off. Wyoming U.S. Sen. John Barrasso, often times siding with Oklahoma U.S. Sen. James Lankford as members of the Senate Energy and Natural Resources Committee thinks the nation is approaching what he calls the “Biden Climate …
“Clean Car Rules” proposed in New Mexico
Government leaders in New Mexico announced they plan to create “Clean Car Rules” for their state in a move to make sure there are more “climate-friendly” cars on the road. Gov. Michelle Lujan Grisham recently made the announcement and said the state will work with the city of Albuquerque to adopt the clean car …
Wastewater recycling firm expands Permian operations
In an effort to alleviate the growing number of earthquakes in the Permian Basin, a Houston company is expanding its method of recycling oilfield wastewater rather than injecting it back into disposal wells which some contend are the source of the seismic incidents. Breakwater Midstream recently expanded its Big Spring Recycling System in Martin …
Energy news in brief
** Honda announced Monday that it will introduce an electric SUV called the Prologue, marking the automaker’s first attempt to sell an EV in high volume as it pivots away from gasoline-powered cars. The launch is part of Honda’s recently announced plan to switch to all zero-emission vehicles in North America by 2040, including battery-electric cars and hydrogen …
So you want to totally stop oil and gas production?
The people at the New Mexico Oil and Gas Association have as gentle reminder for those who think they can live without the products of oil and gas. Think they can exist without any benefits of the oil and gas industry. It might very well be aimed at those pipeline protesters as they demonstrate …
General Counsel retires at Continental Resources
The longtime legal counsel to Continental Resources, Inc., Erick S. Eissenstat has retired from the company according to a recent announcement. Eissenstat chose to retire from his position as Sr. Vice President, General Counsel, Chief Risk Officer and Secretary to return to private practice where he will work on access to justice and community …
More pipeline projects are in the works despite Biden’s opposition
President Biden might have stopped the Keystone XL pipeline and environmentalists continued to fight other pipeline projects, but more lines are operational and others are on the way in the U.S. The U.S. Energy Information Administration reported that 2 petroleum liquids pipeline projects have been completed so far in 2021 and 17 more have …
Boulder fights oil drilling case all the way to Colorado Supreme Court
In what was not a surprise, Boulder County, Colorado is asking the state supreme court to reverse a lower court’s ruling that upheld a drilling company’s right to drill in the eastern part of the county. The ruling was in support of Crestone Peake Resource Operating LLC but in recent days, Boulder County officials …