** Keystone XL pipeline developer TC Energy Corp. is joining calls for the Supreme Court to block an order temporarily preventing the use of a water-crossing permitting program for new oil and gas pipelines. ** Concho Resources Inc. will host a conference call on Thursday, July 30, 2020 at 8:00 AM CT (9:00 AM ET) to …
American burying beetle and judge interrupt Nebraska power line project
The American burying beetle came out the winner this week when a judge in Nebraska issued a ruling in protection of the insect and against a major electrical transmission line in the state’s Sand Hills. U.S. District Judge William Martinez revoked a federal permit that would have allowed the Nebraska Public Power District to kill …
Oil and gas rig numbers fall in Oklahoma and the US
The oil and gas rig count dropped even more in Oklahoma and the rest of the U.S. in the past week with only 9 rigs drilling in the state. It means more drilling rigs are in storage as the oil and gas industry awaits a turnaround in activity following depressed numbers caused by the …
Houston energy company hit with criminal charges in Pennsylvania
Criminal environmental charges have been filed by the Pennsylvania attorney general against Houston-based Cabot Oil and Gas over allegations of methane gas contamination caused by drilling in the state. More than a decade after a water well exploded in the rural Northeast Pennsylvania town of Dimock, setting off a series of events that would plunge the …
Exxon suffers legal setback at hands of Texas Appeals court
A Texas Appellate Court handed ExxonMobil its latest legal setback—a ruling in the energy company’s fight against California cities and counties that sued to recover damages from climate change. The three justices of the Second Appellate District of Texas set aside a lower court ruling that would have allowed Exxon to dig …
Gas explosion leaves 4 hurt in Arkansas
Four people are recovering after being burned in a Thursday gas explosion in Maumelle, Arkansas. It happened shortly before 1 p.m. while workers were repairing a gas line at Edgewood Drive and Woodland Drive, the Maumelle Fire Department said in a Facebook post, according to KATV. The intersection is near a municipal complex that …
Roan Resources is busy in Canadian and Grady Counties
Recent completion reports show Roan Resources has been busy in Grady and Canadian Counties with four producers from a single pad west of Union City. The four wells were drilled a 32 11N 8W with combined production of 763 barrels of oil a day. The wells had production of 225, 161, 240 and 137 …
US crude oil prices reach nearly $39 a barrel
Crude oil prices were up in Thursday’s trading in the US and in Europe. West Texas Intermediate July futures rose 88 cents or 2.3% a share before settling at $38.84 in trading on the New York Mercantile Exchange. Brent crude rose 77 cents or 2% and finished at $41.48 on ICE futures. Natural gas …
Chesapeake works on new credit agreement
A Securities and Exchange Commission filing by struggling Chesapeake Energy reveals the company has made an amendment and waiver to credit agreement from 2018. As part of the credit agreement, the borrowing base has been redetermined to decrease to $2.3 billion. The filing also stated that the request for the amended credit agreement was made …
Continental Resources to restore production at some of its wells in July
Oklahoma City’s Continental Resources, Inc. announced an update on its voluntary production curtailments saying it intends to resume production of some of its wells in July. The company previously announced it would curtail 70% of operated oil production in May, with continued curtailments into June. In July, the Company expects to partially begin resuming …