US Senator Cramer Talks Energy, Nord Stream 2 And Ukraine

January 25, 2022 jasonspiess 0

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 Reports Release Due To Vandalism

January 24, 2022 jasonspiess 0

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 […]

Texas Upstream Continues To Add Jobs

January 24, 2022 jasonspiess 0

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 Announces Oil and Gas Discovery in Ecuador

January 24, 2022 jasonspiess 0

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 […]

NDIC Approves Class VI Permit For Project Tundra

January 21, 2022 jasonspiess 0

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 Energy Reports Spill In Bakken

January 21, 2022 jasonspiess 0

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 […]

Senator Cramer Comments on Ukraine, Sanctions Nord Stream 2

January 19, 2022 jasonspiess 0

U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services Committee, delivered remarks at a press conference regarding Ukraine. This immediately follows Senator Cramer’s participation in the bipartisan congressional delegation (CODEL) trip to Kiev to meet with Ukrainian President Volodymyr Zelenskyy. On Ukraine: “In the spirit of unity, let […]

RRC Commissioners Assess More Than $845,000 in Penalties

January 18, 2022 jasonspiess 0

The Railroad Commission of Texas assessed $848,845 in fines involving 185 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday, January 11. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. Seven dockets involved $385,383 in penalties after […]

ConocoPhillips, Shell Complete Delaware Deal

December 1, 2021 jasonspiess 0

ConocoPhillips (NYSE: COP) announced that it has completed its acquisition of Shell Enterprises LLC’s prolific Delaware basin position for $9.5 billion in cash. After customary closing adjustments, cash paid for the acquisition is approximately $8.6 billion, with an effective date of July 1, 2021. The assets include ~225,000 net acres […]

Senator Cramer “Corrects” Treasury Secretary Yellen On Energy Spending

December 1, 2021 jasonspiess 0

U.S. Senator Kevin Cramer (R-ND) corrected the record on U.S. Department of the Treasury Secretary Janet Yellen’s remarks about the “Democrats’ socialist, big government agenda” during a Senate Banking committee hearing today. Senator Cramer specifically discussed the Congressional Budget Office’s (CBO) score on Democrats’ Build Back Better agenda, the lack […]

Biden Administration Releases New Leasing Reform

November 26, 2021 jasonspiess 0

The Biden administration has recommended a major change in the nation’s oil and gas leasing program that will focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water. The report by the Interior Department completes a review […]

Western Energy Alliance Responds To President Biden’s 10-Mile Zone

November 15, 2021 jasonspiess 0

In response to President Biden’s announcement that the U.S. Department of the Interior will withdraw a 10-mile zone around the Chaco Culture National Historical Park from oil and natural gas leasing and development for a 20-year period, Western Energy Alliance issued the following statement attributable to association President Kathleen Sgamma: “President Biden […]

Crestwood Acquires Oasis For $1.8B

October 27, 2021 jasonspiess 0

Crestwood Equity Partners LP announced that they will acquire Oasis Midstream Partners in a $1.8 Billion Transaction. Some highlights include: Combination creates a leading midstream service provider in the Williston Basin with a pro forma enterprise value of approximately $7.0B Transaction is an at-market deal based on closing prices for […]

It’s A Permian Podcast Party!

October 4, 2021 jasonspiess 0

This year the Oldest and Largest Oil Show in the country will be having a Positively Professional, Perhaps Pleasantly Plucky, Permian Podcast Party! Matthew Hill, Ken Lavin, Keith Stelter and Jason Spiess will be bringing their podcasts to the Permian Basin International Oil Show (PBIOS) in Odessa Texas Oct 19-21 […]

Titan Solutions, Epic Workflow Remain Unbeaten

September 28, 2021 jasonspiess 0

Week Three is in the books and Titan Solutions and Epic Workflow continue their winning ways in The Crude Life Fantasy Football League. The Industrial Forest fall to TitanLiner, 116.74-98.78 The Industrial Forest failed to bring their A game, as TitanLiner came from behind to earn a 116.74-98.78 victory. Despite […]

Recycled Water Is Changing Oil And Gas

September 24, 2021 jasonspiess 0

The Crude Life Content News Correspondent Matthew Hill Interviews Sammy Graham and David Farrell of Cudd Energy Services at NAPE. The interview centers around recycled water and how the idea of water has changed in oil and gas. Cudd Energy Services (CES) is a leading provider of innovative technology in […]

Industrial Forest, Titan Solutions, Epic Workflow Stay Undefeated

September 21, 2021 jasonspiess 0

After two weeks of The Crude Life Fantasy Football, three teams remain undefeated, while three are still looking for their first victory. The Industrial Forest come back to beat Certarus CNG’s in 133.96-110.16 blowout The Industrial Forest scored an easy victory over Certarus CNG’s, cruising to a 133.96-110.16 win. The […]

After a Couple Stretch Picks, Oilify Says Bring It On

September 9, 2021 jasonspiess 0

Blessed with a solid draft position (No. 3 overall), expectations were high for Oilify. After they drafted, however, those expectations faded immediately, as this team is on track for an unexceptional 8th-place finish in The Crude Life. Oilify are predicted to post a record of 6-9 (2,074 points). Oilify’s Biggest […]

After A Few Too Many Stretch Picks, TitanLiner Has Work Ahead

September 9, 2021 jasonspiess 0

Despite getting the No. 6 overall pick, TitanLiner drafted a roster that will have trouble putting up wins. Opponents may enjoy defeating them frequently, as this team is projected to finish 10th in The Crude Life. TitanLiner is looking at a record of 4-11 (2,108 points). TitanLiner’s Biggest Steal of […]