The Crude Life Podcast Episode 32
March 9, 2020
Guests/Topics:
Jodi Smith, North Dakota Land Commissioner, gives an update on the natural gas royalty payments in that companies will have to make a “good faith effort” to contact and begin working with the department on repayment within the 90 days. The deadline for the companies to pay back the money and avoid additional costs could then be extended on a case-by-case basis. Article from the Bismarck Tribune
The state Supreme Court ruled last year that oil and gas company Newfield Exploration had been underpaying royalties to the Department of Trust Lands. The decision also affects 38 other companies who have been operating under similar arrangements.
The severity of the reaction from the industry is discussed, questioning whether those in the meeting understood the impacts of the letter being sent to the operators. The question of why the meetings were behind closed doors was discussed and who was at those meetings
William Prentice, CEO, Meridian Energy Group, gives an update on the Davis Refinery near Belfield, ND, and the Walton Refinery near Kermit, TX.
Daily Headlines:
Oil now a ‘bigger problem for markets than the coronavirus,’ analyst says
Fossil fuel companies are counting on plastics to save them
A tiny caterpillar could be the solution to plastic pollution, scientists suggest
Sponsor: Royal Creek Consulting
Royal Creek Consulting services the Oil and Gas Industry and provide business development services for Service and Supply companies. They are currently working in the following states: VA, WV, PA, OH, LA, OK, CO, NM & TX. www.royalcreekconsulting.com
Featured Event: 26th Annual Texas Wildcatters’ Open
The Independent Petroleum Association of America (IPAA) invites you to register for the 26th Annual Texas Wildcatters’ Open scheduled for Thursday, March 26 at BlackHorse Golf Club in Cypress, TX
The Earth’s Champion Johnny Green’s Eco-Watch: Minnesota utilities warn that big investments needed in region’s electricity grid
The Earth’s Champion Johnny Green has been traveling across the planet cleaning streets, sidewalks, swamps and souls as part of the Clean Your Mind Tour.
The Eco-Champ is engaging with people from all of Earth’s nations about the eco-realities cell phone usage and environmental energy.
The Greatest Environmentalist on Earth is letting the world know environmentalists have lost their way and Renewables Ain’t Doable Without Fossil Fuelables.
Planet Service Announcement:
Links to Exclusive Interviews:
Jodi Smith, North Dakota Land Commissioner
William Prentice, CEO, Meridian Energy Group
The Crude Life Music Crossover: Blind Joe
Studio Sponsor: Hatch Coaching
Phone Line Sponsor: Bakken BBQ
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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