PEMA Professional Energy Marketers Association
Caddo County SWAN LAKE #1-29H, March 13 2023 32 9N 11W SENENENE API: 01523334 Lat: 35.21673436831677, Long: -98.37752579475338 KING ENERGY LLC HH, DR, 15550 ft, MARCHAND(10200) Canadian County WILLIAMS #2H-3106X, March 13 2023 30 11N 7W SWSWSESW API: 01725930 Lat: 35.39232895046816, Long: -97.98486240328239 CIMAREX ENERGY CO MU, DR, 21170 ft, WOODFORD(11370) The …
Read More »Willow drilling project in Alaska approved for ConocoPhillips
Despite heavy opposition from environmentalists, the Biden administration on Monday announced approval of the controversial Willow oil drilling project in Alaska and it was welcome news to ConocoPhillips. The administration also announced new limits on Arctic drilling in an apparent effort to temper criticism over the $8 billion Willow …
Read More »Solar power bill sent to Arkansas Governor
It’s now up to Arkansas Gov. Sarah Huckabee Sanders to decide the fate of a bill passed in the state legislature to cut the compensation for solar power users in Arkansas. Approval came in the House of Representatives even though commercial and industrial electric customers opposed Senate Bill 295. …
Read More »Siemens to reopen wind plants in Kansas and Iowa
The “hibernation” Siemens Gamesa Renewable Energy announced last year at its wind production plants in Kansas and Iowa has ended. The company is in the process of reopening the operations that were forced to close because of slow wind turbine orders. The company initiated the resumption of production …
Read More »Oklahoma blocks shipments of contaminated soil from Ohio train derailment
A few weeks after it was disclosed that some of t he toxic waste from the train derailment in East Palestine, Ohio was being shipped to Texas, it raised the prospect that perhaps it was traveling through Oklahoma. Since then, Oklahoma Gov. Kevin Stitt revealed Sunday he blocked a …
Read More »Sen. Mullin suggests administration mishandled Ohio train derailment
Oklahoma U.S. Sen. Markwayne Mullin was critical of the Biden administration’s response to the Norfolk Southern train derailment in East Palestine, Ohio. “The mixed messaging from this administration in the days and weeks after this tragedy has only added fuel to the fire. Actions have consequences,” he declared during …
Read More »Strong 4Q reported by Ascent Resources
“An extremely strong note,” is how leadership at Ascent Resources characterized the fourth quarter and full-year 2022 financial reports. Ascent had fourth quarter net income of $1.6 billion while its adjusted net income was $148 million and adjusted EBITDAX was $388 million. The company generated $106 million in Adjusted …
Read More »Rig count steady in Oklahoma but national numbers declined
Oklahoma’s oil and gas rig count held steady in the past week while the national count dropped by 3 to 746 according to the Baker Hughes Co. report released on Friday. Oklahoma remained at 61 rigs. Nationally, the count included a decline of 2 oil rigs to 590 while …
Read More »Oklahoma Representatives voted to fight Biden’s new WOTUS rule
When the U.S. House voted recently to overturn the Biden administration’s expanded WOTUS rule, all five members from Oklahoma voted to fight the President’s latest environmental move. Reps. Bice, Brecheen, Cole, Hern and Lucas were among the 227 who voted to overturn the rule they contend is an example …
Read More »Short energy reads
** Senator Joe Manchin (D., W.V.), chairman of the Senate Energy and Natural Resources Committee, announced Friday that he would reject yet another Biden nominee, arguing that the administration is pandering to climate radicals. The move came after Manchin sank the nomination of Gigi Sohn to the Federal Communications Commission earlier this week. ** …
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