After naming Domenic J. Dell’Osso, Jr. as the company’s new President and Chief Executive officer this week, Chesapeake Energy also made a filing with the SEC revealing his salary. Dell’Osso, according to the filing with the Securities Exchange Commission will draw a salary of $800,000 annually. He will also be eligible to receive an annual …
Call made to renew National Coal Council
Oklahoma U.S. Sen. James Lankford and Rep. Tom Cole joined Wyoming Sen. John Barrasso, the ranking member of the Senate Committee on Energy and Natural Resources in calling on Energy Secretary Jennifer Granholm to renew the National Coal Council. In the letter, the group highlights the importance of the NCC in advancing coal policy, …
Who’s drilling where in Oklahoma
While oil production nationally has slowed only slightly, there are still growing numbers of drilling permits being issued in Oklahoma. Devon Energy has a permit in Caddo County to drill the KAMM #1, located at 26 11N 11W which is a site northeast of Lookeba. The permit is to recomplete the well. Devon also has …
Mergers and acquisitions cooled in 3Q
Chesapeake Energy’s recent acquisition of Vine Energy in a $2.2 billion deal is considered one of the top five energy acquisitions in the third quarter of 2021 according to Enverus, an energy data analytics and SaaS technology company. The listing was in the firm’s summary of 3Q21 U.S. upstream M&A activity. While mergers and …
Why pipeline companies don’t like Nate Laps
A former gas industry land agent who “switched sides” and now consults on behalf of landowners pushes federal regulators to shut down a pair of gas pipeline projects through Oklahoma and St. Louis. E&E News reports on the efforts of Nate Laps to help landowners in their fights with pipeline companies. Click here for E&E News.
First freeze of the season this weekend in Oklahoma?
Yes, there really could be frost on the pumpkins sometime this week in Oklahoma. At least that’s the prediction and warning from Gary McManus, the State Climatologist with the Oklahoma Mesonet and the Oklahoma Climatological Survey. In his Tuesday morning newsletter, McManus wrote, “Oh by the way, the state will probably see its first …
Data center to be built in Denton, Texas
The North Texas city of Denton has been picked to be the site of a 300 megawatt blockchain data center by Core Scientific Holding Co. of Bellevue, Washington. Core Scientific is a blockchain infrastructure and digital asset mining firm and an affiliate of Tenaska Energy Inc., the same company with a power plant operation …
Other energy stories around the US and world
** Protests at the White House on Monday led to 136 arrests, including many Indigenous leaders opposing fossil fuel projects. ** The Western States Petroleum Association has filed a 91-page lawsuit against California’s denial of fracking permit applications, claiming it oversteps the administration’s authority as laid out in the state Constitution. ** Mexico’s president presented details on …
Apache ends flaring practice
No more flaring—it’s the decision of APA Corp., the holding company for Apache Corporation. The company announced this week it has ended routine gas flaring on its U.S. onshore operations saying it has achieved one of its 2021 ESG goals three months ahead of schedule. “In early 2021, we set out to eliminate routine …
Tapstone acquired in $419 million agreement
Less than a year after Oklahoma City-based Tapstone Energy completed a Mid-Con acquisition and became the largest leaseholder owner in Oklahoma, the firm has been acquired by Alabama-based Diversified Energy in a $419 million deal. Tapstone owns and operates thousands of wells in the state and has mineral rights on 750,000 acres. Under a …
