Highlighting the craziness of this COVID year is this week’s announcement by one Permian Basin driller that it was drilling its first horizontal well in 10 months. The news came from Ring Energy which said the Badger 709 B#6XH was spud early in the morning on Dec. 2 in the company’s Northwest Shelf leasehold …
The 430-mile gas pipeline built by Kinder Morgan to carry gas from the Permian Basin eastward to Houston is fully operational. The Permian Highway Pipeline stretches from Waha southwest of Midland to Katy, just outside of Houston. Natural Gas Intelligence reported this week the line was finished by the first of November and should …
An Interfaith leader in Kansas has come out against plans by Evergy to charge home-solar customers for their electricity. Writing in several newspapers across the state, Rabbi Moti Rieber, executive director of Kansas Interfaith Action accused the state’s main investor-owned utility of engaging in a years-long effort to suppress the home-based solar industry. He said, …
** The U.S. Army Corps of Engineers holds a public hearing on Enbridge’s request to build a tunnel for Line 5 in the Straits of Mackinac. ** The Anchorage Daily News reports a federal court rules the Trump administration “acted arbitrarily and capriciously” in its 2018 approval of an Arctic drilling project without considering emissions impacts. ** The Hill …
ONEOK, Inc. leaders will be part of another investor conference as they attempt to raise more investment money. They will take part Dec. 8 and 9 in the Wells Fargo Virtual Midstream and Utility Symposium. ONEOK’s latest investor materials are available at www.oneok.com.
The continued high cases of COVID-19 apparently still has investors and traders skeptical of the strength of crude oil as prices fell from the 9-month high they reached last week. West Texas Intermediate crude for January delivery dropped a dime and settled at $45.66 in trading on the New York Mercantile Exchange. Overseas, global …
In 2018, Oklahoma became the first state to receive EPA approval to regulate its own coal ash management program. It was quickly followed by Georgia and now, the Environmental Protection Agency is proposing to do the same for the state of Texas. The agency late last week issued the proposal after the Texas Commission …
A weekly survey of retail fuel stations across the U.S. says Americans did stay off the roads during the Thanksgiving holiday and did so in “overwhelming numbers.” The survey by OPIS, an IHS Markit company found gasoline sales fell 8.4% from the previous week for the seven-day period that ended Nov. 28. As a …
Dallas based Matador Production Company has reached a settlement with regulators in New Mexico over claims it had commingled oil from different wells without a permit. The company agreed to pay $125,000 and also carry out a self-audit as part of the settlement. As a result, the civil penalty was lowered from the original …
Reports now indicate New Mexico Gov. Michelle Lujan Grisham will stay in office and not take any administrative positions with a Biden administration. Over the weekend she ended speculation that first had her being considered to be Interior Secretary, a position she declined last week, then to be considered to run the U.S. Health …