A lawsuit filed by Oklahoma, Louisiana and 11 other states against President Biden’s pause on new oil and gas leases on federal lands and waters prompted a Louisiana federal Judge on Tuesday to freeze the President’s actions. The judge also ordered the government to resume the auctions of the leases. Oklahoma Solicitor General Mithun …
** The U.S. Department of Agriculture (USDA) will give $700 million in aid to biofuels producers as part of a package to assist industries recovering from the financial devastation of the coronavirus pandemic, officials said on Tuesday. ** An encampment in northern Minnesota disbands after eight days of protesting the Line 3 replacement and expansion. ** Saudi Arabia is …
Based in Austin, Texas, Enverus, the leading global energy data analytics and SaaS technology company, announced Wednesday that it has acquired Integrity Title Company, the largest provider of title plant access in Texas and New Mexico, and premier land and real estate verification company. Enverus plans to integrate Integrity Title’s technology into a unique-to-market source …
Despite increased oil output in April, North Dakota is in danger of losing its status as the nation’s second largest oil producer to Oklahoma’s neighboring state of New Mexico. North Dakota has been the number 2 producer since 2012 after the shale oil boom. “New Mexico is coming on like gangbusters,” stated one …
Oklahoma City’s Devon Energy is reported to be among a handful of oil and gas companies interested in pursuing the acquisition of Royal Dutch Shell’s holdings in the Permian Basin as the European Giant considers unloading its operations there. Reuters included Devon in its list of those firms that might be interesting in buying …
The Oklahoma Department of Environmental Quality is issuing an ozone alert for the Oklahoma City, Tulsa, and Lawton metropolitan areas for Wednesday, June 16, 2021. This alert will initiate the issuance of an “Ozone Alert Day” for the Oklahoma City area by the Association of Central Oklahoma Governments, an “Ozone Alert Day” for the Tulsa area …
Crude oil prices managed a big jump in Tuesday’s trading as they settled higher than $72 a barrel in the US and nearly $74 a barrel overseas and reached their highest prices since October 2018. West Texas Intermediate crude for July delivery rose $1.24 to finish the day at $72.12 a barrel. Global benchmark …
Oklahoma City’s Ascent Resources Utica LLC is one of a handful of companies collaborating with Cheniere Energy, Inc. in a project to improve greenhouse gas emissions performance at natural gas production sites. Cheniere is considered the largest producer of liquefied natural gas in the U.S. and announced its collaboration with five natural gas producers …
Devon Energy is trying more STACK exploration in Oklahoma as the firm received drilling permits this week for five wells on a single pad in Canadian County. The OTTO 31_30_19-15N-9W wells will be located on a site at 06 14N 9W which is about 8 miles north of Calumet. Ovintiv Mid-Continent Inc. also plans some …
Key Energy reported Tuesday that despite the impacts of the winter storm Uri, its first quarter 2021 consolidated revenue increased nearly 11% over the fourth quarter of 2020. The Houston company, with operations throughout Oklahoma said its first quarter revenue increased $5.2 million and reached $52.4 million compared to the $47.2 million in revenue reported …
