Houston-based Baker Hughes is out with its monthly report of rig activity around the world and says the international count for August was 1,008, up eleven from July. It was also 56 more than the 952 rigs reported in August of last year. The international offshore rig count for August 2018 was 212, down 5 …
Oklahoma’s congressmen are telling the head of the Federal Communications Commission they have some serious concerns about government regulations covering wireless and broadband service to rural America. They sent a letter last week to Ajit Pai, chairman of the FCC and urged him to carefully evaluated any challenges submitted from mobile service carriers about the …
Post Labor Day gasoline prices rose slightly in Oklahoma in the past week, reaching an average of $2.60 a gallon. GasBuddy reports it’s the average from a survey of 669 stations in the state. Nationally, the average is $2.84 which is nearly 2 cents lower than a week ago. Oklahoma City’s average dropped more than …
The Oklahoma Geological Foundation announced it intends to honor four men at its Nov. 1 Legends Dinner to be held in Oklahoma City. One is Frank E. Phillips who will be honored with the Pioneer Legend Award. The banker and oilman who founded Phillips Petroleum Co. in Bartlesville in 1917 along with his brother Lee …
Democratic candidate for Governor Drew Edmondson didn’t find any supporters from the Oklahoma Oil and Gas Association and the Oklahoma Independent Petroleum Association for his call to raise the state’s gross production tax on oil and gas to a full 7 percent. “OKOGA strongly opposes any effort to raise taxes on the oil and natural …
While the nation’s oil and gas rig count remained unchanged, the number of active rigs in Oklahoma slipped by 2 to reach 137. Figures from Baker Hughes Co. show a national count of 1,048, same as a week ago. But the new figures show a drop of 2 oil rigs to 860 while the number …
While crude inventories fell by more than 4 million barrels in the last week of August, stocks at the Cushing, Oklahoma hub for U.S. crude futures rose by 549,000 barrels. The U.S. Energy Information Agency reported the drop in inventories was 4.3 million barrels in the week to Aug. 31, far more than the 1.3 …
Democratic candidate for governor Drew Edmondson wants to raise taxes in Oklahoma and that includes returning the state’s gross production tax on oil and gas to 7 percent. In announcing his plan during a state capitol news conference with former OU President David Boren at his side, the former state attorney general also said he …
While Colorado prepares to vote in November on a proposed increase of the mandatory setback of oil and gas rigs from homes and businesses, the city of Denver finds itself in a quandry—of sorts. Several drilling companies have filed plans to drill south of the Denver International Airport and the eastern side of Aurora. Plans …
A $2 million lease to keep the Rio Grande river flowing through Albuquerque, New Mexico has been reached between federal water managers and a major utility. The lease was approved recently by the board of the Albuquerque Bernalillo County Water Utility Authority and will provide the U.S. Bureau of Reclamation with more water to preserve …
