Author's posts
Biden’s plan to lease federal lands to conservationists draws opposition and criticism
The Biden administration is working hard to deflect criticism from Republicans, ranchers and the oil and gas industry who contend a proposal to allow conservationists and others to lease federally owned land to restore it is just another way of excluding oil drilling and livestock grazing. Under the plan, the same leases that can …
EV threat of ethanol prompts Rep. Bice to join in bipartisan ethanol promotion act
Oklahoma Congresswoman Stephanie Bice joined a handful of others others in the House this week in a bipartisan move to allow corn-based ethanol to qualify as an “advanced biofuel”, an effort to boost the gasoline additive’s green credentials. Bice joined another Republican in the House, Rep. Mariannette Miller-Meeks of Iowa along with two Democrats, …
Anadarko Basin oil and gas production holding steady
New government reports show slight increases in oil and gas production in the Anadarko Basin and other producing regions of the U.S. Information from the U.S. Energy Information Administration indicated new well oil production in the Anadarko went from 665 barrels a day on average in May and is expected to increase to 666 …
Energy briefs from the US and the world
** At least three Democratic lawmakers are criticizing the Biden administration’s tax credit guidance for domestic manufacturing incentives, with some saying it could give leeway for Chinese solar parts. Sens. Joe Manchin (D-W.Va.) and Ron Wyden (D-Ore.) and Rep. Marcy Kaptur (D-Ohio) released statements in recent days criticizing the guidance that was released on Friday. ** The U.S. …
Empire Petroleum saw increased sales in 1Q but still recorded a loss
Empire Petroleum reported a 4% increase in sale of oil volumes in the first quarter of the year but also recorded a net loss of $2.5 million or 11 cents a share. Volumes sales rose to 2,206 barrels of oil equivalent a day compared to 2,112 Boe/d in the first quarter a year earlier. …
Completion reports for May 15, 2023
BEAVER COUNTY Resource Oil And Gas Llc 32 4N 21E Beaver River Unit 4, March 08, 2023 null, INJ, TD: 6900 ft Lat: 36.76212, Long: -100.82549 API: 35007228380002 COAL COUNTY Canyon Creek Energy Arkoma Llc Woodford(9733): Gas 3534 Water 4166 Flow 31 1S 11E Kelly 6/7-3h, October 21, 2022 HH, GAS, TD: 20374 ft Lat: 34.41942, Long: -96.19264 API: 35029214170000 CREEK COUNTY …
Permits to drill for May 15, 2023
Blaine County TURTLE WITH WIND #3-27H, May 15 2023 34 14N 13W SWNENWNE API: 01124363 Lat: 35.65160466725114, Long: -98.56772041950003 DUNCAN OIL PROPERTIES INC HH, DR, 16000 ft, CHEROKEE(10560) Canadian County WALTHER #2H-1-36, December 29 2021 01 10N 6W NWSWSWNE API: 01725751 Lat: 35.3709920089833, Long: -97.78557921808539 CITIZEN ENERGY III LLC MU, AM, 16500 ft, MISSISSIPPIAN(8100), WOODFORD(8300) Hughes County …
Worker killed in Marathon Petroleum refinery fire in Texas
The Monday morning fire that left one worker dead at the Marathon Petroleum Galveston Bay Refinery in Texas is under investigation. Reuters reported the fire happened around 9:30 a.m. and was eventually extinguished. It happened as workers were doing routine maintenance and a seal failed on the 75,000 barrel-a-day Ultraformer 3. Click here for …
Attorney General pledges to fight EPA over proposed power plant rules
If the Biden administration’s Environmental Protection Agency moves ahead with its already controversial power plant rules that would create severe restrictions on carbon pollution, it can expect a fight from Oklahoma Attorney General Gentner Drummond. It is what he pledged in a statement offered to OK Energy Today. “We will vigorously oppose this federal …
Crude oil prices finally rose while Oklahoma energy stocks made strong gains
Crude oil prices turned things around in Monday’s trading, rising a dollar a barrel while Oklahoma energy stocks saw some major gains with the exception of ONEOK which plummeted 9% following word of its nearly $19 billion acquisition of Magellan Midstream. West Texas Intermediate crude rose $1.07 or 1.5% to close at $71.11 a barrel …