** After China cracked down on cryptocurrency earlier this summer, bitcoin mining companies relocated their farms—many of them to the US, where the share of bitcoin mined worldwide soared from 16.8% to 35.5%. ** Royal Dutch Shell Plc responded to external pressure by setting a more ambitious target for cutting greenhouse gas emissions from its operations, while …
Legislator urges Tulsa to reconsider tribal challenge
As the state’s energy industry awaits a firm decision on the impact of the U.S. Supreme Court McGirt ruling that said tribes still have control over some Eastern Oklahoma lands, the city of Tulsa entered the fray this week. The city filed an amicus brief challenging tribal sovereignty and it prompted Tulsa Democratic Rep. …
Slight increase in US rig count
The weekly rig count provided by Enverus Rig Analytics showed an increase of two rigs in the past week to reach 642 as of Oct. 27. The Austin firm indicated it is a 4% increase in the past month and 91% higher than a year ago. Week-over-week changes by major play were unremarkable, ranging …
Cold weather rule adopted in Nebraska
Nebraska’s statewide cold weather rule to protect natural gas utility customers from losing service if they’re unable to pay their bills kicks in on Monday. The Nebraska Public Service Commission adopted the rule 18 years ago reported the North Platte Telegraph. Click here for North Platte Telegraph. The cold weather rule provides customers …
Williams moves to capture zero-carbon markets
Tulsa-based Williams Cos. is quickly moving ahead with plans to take advantage of the worldwide movement toward responsible production and transportation of lower carbon fuel. The National Gas Intelligence reports the company even hired a Business Development director earlier this year as Williams advanced its strategy to capture opportunities from low and net-zero carbon …
Kansan admits to tampering with water system
A Kansas man faces up to a year in federal prison for using his home computer to tamper with an Ellsworth County rural water district treatment plant after he had quit his job at the facility. The Kansas Reflector reports the man used a remote login network to shut down the Post Rock Rural …
Crude oil storage takes another drop at Cushing
If traders and analysts were nervous last week over the growing reduction of crude oil at the Cushing hub in Oklahoma, they will really be anxious over the latest decline. The U.S. Energy Information Administration reported Wednesday the amount of crude in storage at Cushing, one of the largest storage sites in the U.S., …
Slow growth in new drilling in the state
More well activity is coming in Carter County. Kodiak Oil & Gas Inc received a permit to recomplete the HHU #7-13, at 27 4S 2W, a site just outside the Black Gold Casino in the town of Wilson. Prairie Gas Company of Tulsa received a permit to drill the JANZEN #1-32 HP, north of the community …
Crude oil prices drop and take OK energy stocks with them
Crude oil prices in the U.S. took a nearly $2 drop in trading on Wednesday and dragged Oklahoma energy stocks down with them. West Texas Intermediate crude for December delivery dropped $1.99 and finished the day at $82.66 in trading on the New York Mercantile Exchange. Global benchmark Brent crude, also for December delivery, …
Environmental extremist becomes BLM Director
She was accused of lying to a U.S. Senate committee, yet on Wednesday, Tracy Stone-Manning was sworn in to serve as Director of the Bureau of Land Management. It drew immediate criticism from Republicans in Congress who argued she took part in extreme environmental acts decades ago in the forests of the northwest. Washington …
