U.S. Senator Kevin Cramer (R-ND), member of the United States Senate Committee on Banking, Housing, and Urban Affairs, contacted The Crude Life in response to the U.S. Securities and Exchange Commission (SEC) proposed rule on climate disclosure. “The Biden Administration is hell-bent on regulating fossil fuels out of existence. Firstly, […]
Here are the winners and losers from a wild Thursday in first round The Crude Life March Madness Tournament. PODCAST: Jason Spiess interviews Joe Sinnott about his big upset in The Crude Life March Madness Tournament, while the two weave in Executive Coaching, Catholic Schools Dominating First Day and How […]
As Russia’s invasion of Ukraine highlights the problem with the United States and our allies buying Russian energy, U.S. Senate Banking Committee Republicans are calling on President Biden and his administration to pause all financial regulatory efforts targeting America’s energy security. The senators’ request comes as reports indicate the Securities and Exchange Commission (SEC) plans […]
It’s March Madness folks and for many it’s that time of year again when Las Vegas gambling becomes Black Friday activity level and places of work get more sick day requests than the rest of the year combined. This year The Crude Life will be running another March Madness Bracket […]
It sure seemed like Chesapeake Energy was all in a NAPE 2022. From the booths to the meetings to the presentations to the executive chairman playing some reindeer games with the attendees. Well college football games really. “Today, we’re going to play a game and the game is going to […]
Senators Kevin Cramer (R-N.D.), John Hoeven (R-ND), John Cornyn (R-Texas), Jim Inhofe (R-Okla.), Ron Johnson (R-Wis.), James Lankford (R-Okla.), Mike Crapo (R-Idaho), Jim Risch (R-Idaho) and Cynthia Lummis (R-Wyo.), and was introduced in the House of Representatives by House Energy and Commerce Committee Ranking Member Cathy McMorris Rodgers (R-Wash.) and […]
Summit Carbon Solutions announced that Continental Resources Inc. will commit $250 million over the next two years to help fund the development and construction of Summit’s $4.5 billion carbon capture and sequestration project. Continental Resources Chairman Harold Hamm and CEO Bill Berry along with Summit Agricultural Group CEO Bruce Rastetter […]
Since I began writing for more news outlets outside of oil and gas my inbox has been filled with news tips, press releases and interview ideas. Well this one actually came from the U.S. Securities and Exchange Commission (SEC). About a week ago, Apple filed their report for its 2021 […]
In response to the Department of Justice’s (DOJ) Saturday night filing asking the U.S. District Court for the Western District of Louisiana to stay the decision overturning the arbitrary use of the Social Cost of Carbon (SCC), Western Energy Alliance issued the below statement attributable to Alliance president Kathleen Sgamma. In its filing, […]
Western Energy Alliance criticized the Department of the Interior for extending the onshore leasing ban another quarter, as it missed the 45-day deadline to hold a sale in the first quarter of 2022. The missed deadline means continued defiance of a court order requiring the department to hold lease sales […]
Marathon Oil Corporation (NYSE:MRO) reported fourth quarter 2022 net income of $649 million, or $0.84 per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect comparability of results. The adjusted net income was $592 million, or $0.77 per […]
Bismarck (ND) resident Dustin Gawrylow announced his intention to seek a seat on the Burleigh County Commission. Gawrylow is a political consultant and lobbyist by trade and specializes in Taxpayer Advocacy – having served as the Managing Director of the North Dakota Watchdog Network since 2012, and Executive Director of […]
FERC today issued two policy statements, providing guidance for future consideration of natural gas projects by the Commission. In addition to providing an analytical framework for many need, environmental and public interest issues that arise when companies seek to build new natural gas facilities, the certificate policy statement and interim […]
Federal Energy Regulatory Commission (FERC) is exploring the issue of oil pipeline capacity allocation problems that can arise when irregular events or factors, such as the COVID-19 pandemic, affect demand for oil pipeline capacity. Specifically, the Commission is responding to concerns regarding the effects of the COVID-19 pandemic on jet […]
Curtis Shuck, Chairman of the Board, Well Done Foundation joined Jason Spiess, who was guest hosting on SuperTalk 1270’s Talk of the Town with Steve Bakken, about the recent endorsements, ambassadors and scheduled projects. Throughout the interview, Jason opines how the new Orphan Well craze has a “sexiness” to it that […]
One of the hottest political races in the country is happening in Texas right now. It’s the Texas Railroad Commissioner race and it’s got everything a salacious political race could ask for, and some reality you wish that wouldn’t have happened at all. Candidate Marvin Leon “Sarge” Summers fell victim […]
UPDATED: The Lake Ridge Chapel & Memorial Designers have released funeral and obituary information on Marvin “Sarge” Summers. There will be a broadcast of the Celebration of Life, which can be found here. Obituary The family of Marvin “Sarge” Summers will celebrate his life of 69 years at 1:00 […]
With over 400 exhibiting companies, 300 prospects and millions of acres registered, the NAPE expo floor is open for business — and dealmakers and decision-makers are connecting, reconnecting and making deals happen! Zach and Allison Corcoran of Sir Drake Oil and Gas Co. in Corpus Christi, Texas, hit pay dirt […]
This week, National Farmers Union (NFU) submitted comments on the Environmental Protection Agency (EPA) and Department of the Army’s (“the agencies”) proposed rule to revise the definition of “Waters of the United States” (WOTUS) under the Clean Water Act (CWA). “Farmers and ranchers understand the importance of clean water on […]
Secretary of Agriculture Tom Vilsack unveiled a new “opportunity that will support farmers and ranchers in their efforts to fight climate change”. The Partnerships for Climate-Smart Commodities will fund pilot projects to accelerate the role farmers and ranchers play in providing climate solutions. Vilsack made the announcement at Lincoln University […]
NAPE Summit returns Feb. 8-11 to the George R. Brown Convention Center in Houston. Following a hybrid show in 2021, the 2022 NAPE Summit will be an in-person experience welcoming hundreds of exhibitors and thousands of attendees back to the action-packed expo floor. The week kicks off Tuesday, Feb. 8, […]
Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced that it has entered into an agreement (the “Agreement”) to acquire the assets of privately held Bighorn Permian Resources, LLC (“Bighorn”) located in the Midland Basin (the “Bighorn Acquisition”). The aggregate purchase price of the Bighorn Acquisition is approximately $860 […]
Petro Harvester Operating Co. LLC has notified The North Dakota Oil and Gas Division of two location fires that started on Monday, January 31. The first incident occurred at the Busch 5-1H & 32-1H well pad, about 4 miles west of Portal, North Dakota. Petro Harvester reported that 962 barrels […]
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. […]
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 […]
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 […]
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 […]
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