** Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data. ** Routine groundwater monitoring ended a decade ago in New York City, but federal officials want to resume observations as rising sea levels and …
Big schedule of refinery maintenance could send gasoline prices higher
Gasoline prices could rebound this spring as nearly as twice as many refinery operators in the U.S. plan overhauls and resumption of their maintenance. Those overhauls will mean a slight shortage of gasoline and other fuels while the work and maintenance are underway reported Reuters. Click here for Reuters
New Mexico enviros want Biden to follow through with drilling ban on federal lands
New Mexico’s oil and gas industry warns its operations on public lands in the state risk being at peril if environmentalists are able to convince Interior Secretary Deb Haaland to fulfill President Biden’s promise to ban new oil and gas leasing on federal land. It’s what environmentalists contend in their most recent letter to …
Completion reports for January 18, 2023
CANADIAN COUNTY Cimarex Energy Co Woodford(11546): Oil 626 Gas 3253 Water 3144 Flow 19 13N 8W Leota 5h-1918x, October 23, 2022 HH, OIL, TD: 20791 ft Lat: 35.58126, Long: -98.08892 API: 35017253590001 Cimarex Energy Co Woodford(11578): Oil 600 Gas 2570 Water 2676 Flow 20 13N 8W Leota 6h-1918x, October 20, 2022 HH, OIL, TD: 21590 ft Lat: 35.58152, Long: -98.08250 API: 35017253580000 Cimarex Energy Co Woodford(11612): Oil 551 Gas …
Oil slipped Wednesday and OK energy stocks suffered
A 1% slide for crude oil prices was recorded in Wednesday’s trading while Oklahoma energy stocks felt the pain of losses for the day, including one firm with a 9% fall. Crude prices made early gains but they were lost later in the day over growing thoughts of a U.S. recession. West Texas Intermediate …
Regulators at odds over public records request
Oklahoma Corporation Commissioner Bob Anthony’s latest effort to learn more details of what led to the approval of some of the 2021 Winter Storm rate cases for utilities was shot down again as Commission Chairman Todd Hiett labeled Anthony’s efforts “nefarious.” Anthony had been in a struggle with the Commission’s Brandy Wreath, who is …
ONEOK’s 4Q earnings report to be issued Feb. 27
The fourth quarter earnings of ONEOK, Inc. will be released to the public in late February. The company announced the report will be released after the market closes on Feb. 27, 2023. Management will take part in a conference call the next day, Tuesday, Feb. 28 at 10 a. m. Central Standard time. The …
Frac operations grow at OKC”s Mammoth Energy Services
Mammoth Energy Services, Inc. announced its wholly owned subsidiary Stingray Pressure Pumping LLC (“Stingray”) has put an additional frac spread into operation. This brings Stingray’s total operational frac spread count to five. The infrastructure services division of the Oklahoma City-based company continues to expand both in geographic area as well as bidding activities for …
Oil and gas production to climb in Anadarko and Permian Basins
Oil and gas production in the Anadarko Basin is expected to grow in the coming month according to a report by the U.S. Energy Information Administration. At the same time, the Permian Basin will also see large gains in oil and gas production. The EIA issues a report this week expecting oil production in …
Ovintiv to release 4Q earnings in late February
Ovintiv, the Houston-based company with major offices in Denver, Colorado plans to release its fourth quarter earnings report on Tuesday, Feb. 28 of this year. The 8 a.m. Central Time release will be made after the market close on Monday, Feb. 27, 2023. Ovintiv is coming off a whopping $1.19 billion in third quarter …