Congressman Tim Ryan (OH-13) confirmed that Ohio will receive $256,028,000 in new federal funding under the bipartisan Infrastructure Investment and Jobs Act to clean up hazardous, abandoned oil and gas sites known as “orphaned wells.” Congressman Ryan says this new funding will improve Ohio’s environment, create good-paying union jobs, and […]
University of Mary President Monsignor James Shea confirmed the donation of $10 million to the university from the Harold Hamm Foundation and a $2 million gift from Continental Resources. It is the largest single donation in the school’s history and believed to be the largest-ever charitable gift given for education […]
Exxon Mobil Corporation announced fourth-quarter 2021 earnings of $8.9 billion, or $2.08 per share assuming dilution, resulting in full-year earnings of $23 billion, or $5.39 per share assuming dilution. Capital and exploration expenditures were $5.8 billion in the fourth quarter and $16.6 billion for the full year 2021, in line […]
The U.S. Department of Energy (DOE) approved seven additional exchanges of 13.4 million barrels of crude oil for release from the Strategic Petroleum Reserve (SPR). These releases fall under the authorization published in the DOE announcement on November 23, 2021. Exchange contracts were awarded to the following companies: Shell Trading US […]
The Oklahoma Corporation Commission’s Induced Seismicity Department directed three Arbuckle oil and gas wastewater disposal wells to shut down and restricted production at other wells following Monday morning’s 4.5-magnitude earthquake. Around 11:10 a.m., the U.S. Geological Survey recorded a large earthquake in northern Oklahoma, about 4.5 miles northwest of Medford. […]
Op/Ed written by Kathleen Sgamma, president of the Western Energy Alliance Western Energy Alliance submitted public comments to the Environmental Protection Agency (EPA) regarding the proposed methane regulations under the Clean Air Act. The Alliance detailed how certain provisions of EPA’s rule will be technically infeasible to implement, lead to […]
The following is an Op/Ed written by Texas Railroad Commissioner Jim Wright Over the last year, the oil and gas producing regions in Texas, including those in Permian Basin, have experienced an increase in seismic activity. Seismic activity associated with the production of oil and gas is nothing new, and […]
I took a call this week from someone who had been shunning and shaming my attempts for an ESG conversation for nearly five years now. “OK what’s all this ESG stuff,” he grumbled. “My banker tells me I need it, so what’s this all about?” First off, this is an […]
The largest offshore oil-and-gas lease in the nation’s history has been canceled by a U.S. District Court judge. Judge Rudolph Contreras has invalidated 1.7 million acres of drilling leases in the Gulf of Mexico impacting BP, Chevron and ExxonMobil. Judge Contreras ruled the Biden administration did not properly take into […]
Here are this week’s special guests on The Crude Life Week in Review Episode 443. Colorado State Senator Ray Scott gives an update on the 2022 Colorado Legislative Session. According to Scott, the Department of Natural Resources spoke right before the interview with Jason Spiess and Scott said they reported […]
Southern Energy Corp. announces the spudding of its three Selma Chalk horizontal wells in the Gwinville field targeting natural gas. The three wells will be drilled from the same surface pad site and batch drilled for operational and capital efficiencies. Subject to successful completion, first production from the wells is […]
In a report published by Commission Shift, it suggests state policies are allowing rule-bending oil and gas companies to transfer plugging and cleanup costs of their abandoned wells to the state. According to the report, The Railroad Commission of Texas, which oversees oil and gas development, has designed a broken […]
Gov. Doug Burgum has appointed Pat Bertagnolli of Watford City to serve as executive director of Job Service North Dakota, effective Feb. 21, citing his extensive background in workforce recruitment, his experience in both the public and private sectors and his service on the state’s Workforce Development Council. Bertagnolli has served […]
Curtis Shuck, Chairman of the Board, Well Done Foundation, joins Jason Spiess to talk about their latest partnership with Texas-based distillery Tito’s Handmade Vodka and the Felty Family Challenge. The craft spirits company will funded the non-profit’s first well-plugging project of 2022. The well, known as Fenner #2, was installed […]
The Crude Life Content News Correspondent Ken Lavin was Live and Local in Tulsa for the ClearSign Technologies Corp. ribbon cutting and press conference. The reason for the event was to recognize ClearSign Technologies’ moving its headquarters from Seattle to Tulsa. Ken Lavin spoke with their CEO Jim Deller about […]
ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. ExxonMobil expands interest in biofuels, acquires […]
Whistler Pipeline LLC (“Whistler”) announced the expansion of the Whistler pipeline’s Midland basin footprint with a new 36-inch lateral extending northwest into Martin County. The Martin County lateral will lengthen the existing 36-inch Midland lateral approximately 35 miles and connect to multiple processing sites in the county. The lateral is […]
Jack Stark, Company’s President and Chief Operating Officer, Continental Resources has announced his intention to retire by late Spring 2022. Upon retirement, Jack will transition into a part-time consulting role as a senior advisor to the Company’s Chief Executive Officer, Bill Berry, who will become the President and CEO. Jack […]
Heath Holloway, CEO, Titan Solutions, joins Jason Spiess to talk about their 3-Year Anniversary with Incident Free Operations in their Greeley, Colorado offices. Heath is fourth generation oil and gas with Greeley the headquarters for their service company. Titan Solutions also has operations in Wyoming that services the Powder River […]
Todd Garland, CEO, Great American Mining company is one of those “smart clever capitalists” who has cracked multiple codes to figure out ways to mine bitcoin across Shale Play USA. Garland joins Jason Spiess for an update on their goal to mine a solution for emission management while generating value […]
The Carbon Mapper and Environmental Defense Fund released insights generated from three years of airborne surveys (conducted between 2019 and 2021) using advanced remote sensing technology to pinpoint, quantify, and track methane emissions from oil and gas production facilities in the Permian Basin across Texas and New Mexico. The data […]
The U.S. Department of Energy (DOE) selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells. With this funding, DOE is partnering with existing well owners and operators to use their idle or unproductive wells to […]
U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services Committee, joined Larry Kudlow on Fox Business to discuss his trip to Ukraine last week, Ukraine-Russia tensions, and Democrats’ failed Build Back Broke plan. Excerpts and the full video are below. On Joe Biden’s Leadership: “What we should have […]
Abraxas Petroleum Corporation has reported that 435 barrels of produced water were released due to a vandalism Sunday, January 23 at the Stenehjem 6H oil and gas well , about 9 miles east of Watford City, North Dakota. The incident left valves open on location and the sheriff’s office was […]
The Texas Independent Producers and Royalty Owners Association (TIPRO) highlighted updated employment figures for the Texas upstream sector. Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), TIPRO reported that Texas upstream employment for December 2021 totaled 188,700, an increase of 3,000 jobs […]
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), an independent Latin American oil and gas explorer, operator and consolidator today announced its first hydrocarbon discovery in the Perico block (GeoPark non-operated, 50% WI) in the Oriente basin in Ecuador. The Jandaya 1 exploration well was drilled and completed to a […]
The first three columns of ESG University have followed a basic storytelling method. Each week we highlighted a different letter in the acronym. The first week was an Environmental overview, followed by Social and then Governance. As we enter our fourth week and column, it’s time to combine all three […]
Listen how Brian Lash’s journey in oil and gas lead him to be the founder of Target Logistics after making the decision to leave medical school and start a sports entertainment travel company. His decision evolved into creating temporary housing company where he did work for the soldiers in Iraq, […]
Here are this week’s special guests on The Crude Life Week in Review Episode 442. The Crude Life Content News Correspondent Ken Lavin interviews Harold Hamm, Chairman of the Board of Directors, Continental Resources, after he spoke at Wildcatters Wednesday at The Petroleum Alliance of Oklahoma. Hamm talks about the […]
The following industry experts, policy makers and community leaders have engaged with The Crude Life regarding President Joe Biden’s first year in office, which has impacted the energy industry in historic ways. “President Biden’s economic policies have reversed the V-shaped recovery of the Trump Administration. And yet, even today, the […]
Brandy Johnson, Chief Technology and Engineering Officer, Babcock & Wilcox, joins Jason Spiess to discuss carbon capture and storage technologies. Johnson talks in detail about their new ClimateBright™ and how it is seeing productive results for industry. “The ClimateBright suite of decarbonization technologies are designed to help utilities and industry […]
US Senator John Hoeven engaged with The Crude Life after the North Dakota Industrial Commission (NDIC) approved the Class VI permit for the geologic storage of CO2 from Project Tundra. This carbon capture, utilization and storage (CCUS) project is able to advance due to the 45Q tax credit, which helps […]
Crescent Point Energy has reported a release occurring Thursday, January 20 at the CPEUSC Sonny 25 saltwater disposal, about 11 miles northwest of Epping, North Dakota. Crescent Point Energy reported that 800 barrels of produced water were released due to an alarm failure. At the time of reporting 800 barrels […]
Colorado State Senator Ray Scott gives an update on the 2022 Colorado Legislative Session. According to Scott, the Department of Natural Resources spoke right before the interview with Jason Spiess and Scott said they reported that in 2018 the state of Colorado approved 447 Form 2A’s, which are required for […]
Matt Young of Flowco Production Solutions talks with Jason Spiess at the PBIOS Podcast Party sponsored by The Wireline Group at the Permian Basin International Oil Show (PBIOS) in Odessa, Texas. Flowco Production Solutions is artificial lift. Flowco specializes in the design, installation and optimization of gas lift and plunger lift systems, made in the USA, serving oil […]
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