The largest drilling company in the Middle East, ADNOC Drilling Company PJSC and Tulsa-based Helmerich & Payne, Inc. jointly announced the finalization of a Rig Enablement Framework Agreement reached in September. The Framework Agreement will advance ADNOC Drilling’s land rig operational performance, as well as support its ambitious growth and expansion plans. Focused on …
Category: General
Gasoline prices hold steady in most of Oklahoma but fall nationally
Gasoline prices were unchanged in the past week in Oklahoma with an average of $2.89 per gallon while nationally, they fell 3 cents to an average $3.30 per gallon. The American Automobile Association reported Oklahoma’s $2.89 average was the same as a week ago, 9 cents cheaper than a month ago but 95 cents …
Tribe wants Supreme Court to reject appeal of Dakota Access Pipeline
The Standing Rock Sioux Tribe isn’t giving up in its fight against the Dakota Access Pipeline. It’s asking the U.S. Supreme Court to reject an appeal of the five-year-old lawsuit reports the Bismarck Tribune. Click here for Bismarck Tribune.
Colorado oil driller sees the industry’s future in electric rigs
Could it be that Civitas Resources is paving the way for a new kind of oil and gas exploration? Electric drilling. It’s being carried out in a Denver, Colorado suburb where the state’s largest oil and gas producer has eliminated some diesel-powered pumps reports Reuters. Click here for Reuters.
Other energy headlines for Tuesday
** Denver-based SM Energy Co. on Dec. 20 set new emissions reduction targets and unveiled plans to eliminate routine flaring by 2023. The new environmental targets set by SM Energy, whose operations are focused in the Permian Basin and Eagle Ford shale plays, were largely driven by the company’s shareholders. ** The White House on Sunday ripped …
Carbon pipeline company fights for confidentiality in Iowa
A company planning to build a $4.5 billion carbon capture pipeline across Iowa is fighting a state agency to prevent disclosure of the 15,000 landowners in the path of the line. Summit Carbon Solutions is asking the Iowa Utilities Board to reverse its order according to the Des Moines Register. Click here for …
EV tax credits dead with Biden’s Build Back Better bill
The issue of increased tax credits for electric vehicles appears to have run out of juice after West Virginia Democratic Sen. Joe Manchin came out against the President’s $1.75 trillion domestic investment bill. Like a dead battery, Biden’s social spending plan, one attacked by Oklahoma’s congressional delegation and other Republicans appears to be dead …
EPA’s latest Superfund list
The EPA plans to spend $1 billion on cleaning 49 previously unfunded Superfund sites. A review of the list shows the majority are in the eastern half of the U.S. and Oklahoma is not among any new sites for cleanup. Click here for CBS news report.
Midship Pipeline threatened with FERC penalties over Oklahoma landowners’ complaints
The Midship Pipeline Company is facing more possible penalties over allegedly still failing to carry out reconstruction work on Oklahoma farms where it buried its nearly 200 mile long Midship Pipeline, a line that carries natural gas from Oklahoma’s STACK and SCOOP plays to the Gulf Coast. The Federal Energy Regulatory Commission voted Friday …
BNSF fined over 2018 derailment in Iowa
A $1.5 million fine against BNSF Railway over a train derailment three years ago in northwest Iowa has been agreed by the company. The derailment dumped 117,500 gallons of crude oil into rivers and creeks and the EPA said the Texas-based railroad agreed to pay the fine to settle claims it violated the federal …