Oklahoma’s rig count held steady for another week as the latest Baker Hughes report showed the state maintaining a count of 65 working oil and gas rigs. Baker Hughes reported the national count fell by 5 to 760. The decline included a loss of 9 oil rigs to 596 while the number of gas …
September 2, 2022 archive
States in EPA noncompliance for regional haze pollution plans
New Mexico, Iowa, Louisiana and Missouri are among 15 states that received noncompliance notices from the EPA for failing to submit plans to reduce regional haze pollution as required by the Clean Air Act. The EPA gave the states two years to submit a plan that is within EPA guidelines or else the federal …
OKC’s Flywheel Energy makes major expansion in Arkansas shale play
Oklahoma City’s Flywheel Energy just expanded its holdings by 5,000 wells in the Fayetteville Shale play of Arkansas in a purchase from Exxon Mobil Corp. The purchase price was not disclosed by either company but when Exxon acquired the 381,000 acres in 2010, it was in a $650 million deal. Flywheel’s acquisition includes 850 …
Headlines of other stories
** President Joe Biden on Friday brought back John Podesta, a behind-the-scenes veteran at getting things done on climate in past Democratic administrations, to put into place an ambitious U.S. climate program newly revived by $375 billion from Congress. ** Centennial Resource Development Inc. and Colgate Energy Partners II LLC completed their merger on Sept. 1, marking …
Next New Mexico legislative session likely to bring more rules targeting oil and gas
New Mexico’s oil and gas industry will likely be targeted by the state’s legislature when it meets again in January. In the just-concluded legislative session, oil and gas regulators sought more funding to enact new rules and regulations that targeted air pollution from fossil fuel operations. The Carlsbad Current-Argus reported more such bills and …
