The third quarter for Oklahoma City-based Ascent Resources Utica Holdings, LLC was so strong that Chairman and CEO Jeff Fisher said he expects the company to finish 2022 on a “strong note.” Ascent, a company with more than 700 wells in the Utica play, reported net income of $47 million, Adjusted Net Income of $307 million and Adjusted …
November 10, 2022 archive
Wyoming sees increase in oil and gas drilling activity
A new state report shows the oil and gas drilling activity in Wyoming has recovered to pre-pandemic levels. Wyoming is a state with drilling projects from Oklahoma City based companies Continental Resources Inc. and Devon Energy. The Wyoming Economic Analysis Division released its October 2022 “Wyoming Insight” report showing the state has an average …
Alternative school bus funding announced by Oklahoma DEQ
Nearly $2 million in funding from the Oklahoma Department of Environmental Quality is available for school bus environmental improvements. The DEQ announced two funding programs designed to reduce vehicle emissions in the state and they total $1.8 million. Applications from school districts will be accepted until Jan. 13, 2023. The Alternative Fuel School Bus program, …
New Mexico to study air pollution around Carlsbad
With the help of a grant from the EPA, New Mexico plans to study air pollution in the Carlsbad area. Environmental leaders contend the air pollution in the southeast corner of the state worsened as a result of expanded oil and gas production in the state’s part of the Permian Basin reported the Carlsbad …
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