Oklahoma Congressman Markwayne Mullin admits he’s concerned the recently unveiled climate plan by Democrats in the House will turn the country’s energy independence into “energy dependence” and because of their power on capitol hill, it will also likely happen. He believes Democrats pushing the Climate Leadership and Environmental Action for our Nation’s Future act …
ConocoPhillips announced that it resumed its share repurchase program at an annualized level of $1.5 billion, a 50% increase compared to the level of repurchases underway in the fourth quarter of 2020 when the program was suspended due to the Concho transaction. “It’s still early in the new year, but commodity prices have strengthened …
Blueknight Energy Partners, L.P. reported a fourth quarter 2020 net loss of more than $29 million but also indicated that since the end of the year, it had managed to slash its company-wide debt by nearly $153 million. The Tulsa firm’s net loss for the quarter was $29.2 million compared to a net income of …
Drivers on I-35 in southern Oklahoma should get ready to “zip” when merging to help improve safety and efficiency in a busy work zone in Garvin County. The Oklahoma Department of Transportation said that beginning this week, speed sensors in the work zone where I-35 narrows to one lane at SH-19 (mm 72) in …
Senator James Lankford (R-OK) joined John Barrasso (R-WY) and a group of 40 senators to send a letter this week criticizing the Biden Administration for failing to follow the law and impose sanctions on entities involved in the Nord Stream II pipeline. The Nord Stream II pipeline would carry natural gas from Russia to Germany via the …
completions: none were processed today
Hughes County OGDEN #1, March 09 2021 35 8N 10E CNENWSE API: 06376057 Lat: 35.121972675600745, Long: -96.2179962350777 OTC/OCC NOT ASSIGNED SH, RC, 3517 ft, UNION VALLEY(3469) Seminole County CARTER ##1-20V, March 10 2021 20 10N 6E CNENE API: 13325360 Lat: 35.331817318890394, Long: -96.69974450220882 NEW DOMINION LLC SH, DR, 4800 ft, MISENER-HUNTON(4268) Wagoner County UNKNOWN #1, March 09 …
Oklahoma City’s Ascent Resources reported improved fourth quarter earnings while it suffered a net loss of $590 million for 2020. The earnings report released Wednesday show the firm’s fourth quarter net income was $169 million and adjusted net income of $15 million and adjusted EBITDAX of $214 million. It also generated $54 million in …
Crude oil prices had a slight rebound in Wednesday’s trading reaching $64 in the US and nearly $68 overseas after the big plunge on Tuesday. West Texas Intermediate crude for April delivery had a 43 cent increase to $64.44 a barrel. Global benchmark Brent crude for May deliver went up 38 cents and finished the …
An Austin-based analytics firm, Enverus released a report this week on its study of the winter storm that crippled Texas last month, a report that said natural gas is still needed as a backup to renewable energy production. “The finger pointing resulting in 4 million without power and 70 deaths really needs to stop. …
