In his latest episode of The Breakdown with James Lankford, the Oklahoma Senator is told by a MP Morgan executive there’s not much the country can do to lower the skyrocketing gasoline prices. And the blame rests not so much with the oil and gas industry but the regulators. The program focused on energy costs to …
July 4, 2022 archive
U.S. rig count dropped while Oklahoma was unchanged
The nation’s rig numbers slipped in the past week while in Oklahoma, drilling activity held its own, remaining at 60 rigs breaking the horizon. Baker Hughes Co. reported on Friday the national rig count slipped by 3 to 750. The number of oil rigs dropped by one to 595 while the number of gas …
Chesapeake leaders acquire more company shares
Just a few days after Chesapeake Energy doubled its share buyback offer from $1 billion to $2 billion, some executives in the company acquired more shares in the Oklahoma City company. The expanded buyback program was announced June 22 and reports filed with the U.S. Securities and Exchange Commission show at least three …