Renewable Natural Gas to be produced from Tyson operations in NW Arkansas

Tyson Foods facilities in northwest Arkansas will soon be the source of wastewater under a deal the giant firm has reached with NW Natural and BioCarbN to produce renewable natural gas. The two are the developer and operator of sustainable infrastructure projects to convert methane from the Tyson facilities into RNG. According to a report …

Continue reading »

Energy news in brief

** Any attempt by U.S. shale and other oil producers to boost output this year will backfire and lead to lower prices, according to the energy minister of the United Arab Emirates reported Bloomberg. ** Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, …

Continue reading »

Federal agency says 20-year old pipeline damage led to deadly blast in Dallas

  A federal agency says a 2018 natural gas explosion that leveled a northwest Dallas House and killed a 12-year old girl was the result of a damaged pipeline nearly 20 years earlier. The National Transportation Safety Board also put some of the blame on Atmos Energy and its procedures and decisions in providing natural …

Continue reading »

Small voter turnout okays new ONG contract in Shawnee

  It didn’t take long to count Tuesday’s vote by residents of Shawnee, Oklahoma as they approved the renewal of a 25-year franchise agreement with Oklahoma Natural Gas. Only 186 people bothered to vote and 156 or 83.78% supported the renewal while 30 voters or 16.13% were against it. Typically, the utility renewal contracts that …

Continue reading »

Pioneer finishes takeover of Parsley Energy

  The $4.5 billion acquisition of Parsley Energy by Pioneer Natural Resources was completed this week resulting in a much larger operator in the Permian Basin of West Texas. Pioneer based in Dallas announced Tuesday the acquisition was finalized after the approval by stockholders of both companies. At a special meeting of Pioneer stockholders, more …

Continue reading »

Burying beetle issue is still on the burner

    Remember the American Burying Beetle?  At one time the government classified it as endangered when only a small population of the large scavenging beetle had been found in eastern Oklahoma and an island off the coast of Rhode Island. Now the Arizona-based Center for Biological Diversity says it will file suit over the …

Continue reading »

Enbridge won’t shut down pipeline as Michigan demands

The stage is set for a growing fight between Enbridge and the state of Michigan as the Canadian company on Tuesday announced it would defy Gov. Gretchen Whitmer’s demand to close Line 5 in the Straits of Mackinac. The company says Whitmer’s demand is not only based on political posturing but bad information. Whitmer gave …

Continue reading »

Oklahoma energy stocks saw improved trading on Tuesday

  Crude oil prices on Tuesday finished down in the U.S. and up in Europe. West Texas Intermediate crude fell 13 cents or 0.24% to finish the day at $53.34 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for March delivery finished up 92 cents at $56.58 a barrel …

Continue reading »

Gas well prorationing to be considered again by Oklahoma regulators

  The sometimes controversial issue of Oklahoma’s proration formula affecting some of the state’s most prolific gas wells is coming back before Oklahoma Corporation Commissioners. No vote is anticipated this week but the Commission announced it will hold a special virtual meeting on Friday at 10 am. to conduct a technical conference and discussion of …

Continue reading »

Texas legislators faced with $1 billion budget hole due to energy downturn

  Just as Oklahoma legislators have to face dwindling income from the COVID-19 pandemic’s impact on oil and gas, Texas legislators have to deal with a nearly $1 billion hole in their budget. Glenn Hegar, the Texas Comptroller revealed this week that the state of Texas is nearly $946 million in the red for the …

Continue reading »