Baker Hughes reported Friday a drop of four rigs nationwide, lowering the U.S rig count to 780. Oklahoma also saw a decline of two rigs, leaving a total of 69 drilling for oil and gas in the state. Baker Hughes explained the drop nationally included two oil rigs, leaving 625 still in action and …
December 2022 archive
Arkansas wants to fly high
Arkansas wants to become a transportation or aviation hub just like Kansas. Maybe even develop a spaceport like the one in western Oklahoma. It’s the goal laid out in a new report by group of business executives and leaders known as the Arkansas Council on Future Mobility reported the Arkansas Democrat-Gazette. Click here …
Explosion rocked alternative fuel plant in Iowa
Ten to 15 people were injured in the explosion and fire that hit an alternative fuel plant in Marengo, Iowa, a town southwest of Cedar Rapids and 80 miles east of Des Moines. A reported 30 workers were inside the plant when the explosion occurred. The cause is under investigation. It happened at an …
Treasurer worried about falling energy prices and impact on Oklahoma tax collections
Monthly tax collections on Oklahoma oil and gas production took a dip in November for the first time since April reported the State Treasurer on Friday leading Treasurer Randy McDaniel to worry about future collections. The collections fell below $160 million said McDaniel who also pointed out the gross receipts to the Treasury over the …
Longtime oilman in New Mexico becomes a newspaper man
The move by one of New Mexico’s richest oil operators and his oil and gas colleagues to buy a newspaper and use it as a voice for the industry raised questions in the state. Harvey Yates is described asa lawyer, real estate developer, history lover, loyal Republican, cattle rancher and, yes, oil magnate. As …
Hinkle Oil and Gas had a busy fall in Kingfisher County
Oklahoma City-based Hinkle Oil & Gas Inc. filed completion reports on seven wells in Kingfisher County including one with production of more than a thousand barrels of oil a day. While four of the wells were drilled on two separate pads, the others were adjacent to one another in an area about …
Kansas congressman fights Interior Department over prairie chicken
Kansas congressman Ron Estes wants to make sure the U.S. Interior Department won’t be able to put restraints on land use by claiming the lesser prairie chicken is threatened or endangered. He introduced legislation to prohibit such a move after federal wildlife officials in November registered the bird as threatened in Kansas and endangered …
Headlines of national and world energy stories
** Two oilfield workers were killed this past week while working at a rig site near San Augustine, Texas. A loose hydraulic line exploded when workers attempted to restart. ** Ford sent out an email to retirement-eligible salaried employees in September with a warning and a bit of advice about retiring this year to maximize a lump sum …
New style of solar farm to be built in Texas
Texas will be the site of the next solar project of Erthos, Inc., the company that designed solar operations that sit directly on the ground rather than on legs. Erthos signed an agreement with Austin-based Industrial Sun LCC for a new solar farm to be built in Texas but the site was not revealed …
New Mexico Senator wants more money for plugging of abandoned wells
New Mexico U.S. Sen. Ben Ray Lujan wants still more federal funding of the plugging of abandoned oil and gas wells that dot his state as well as Oklahoma and others. He has filed a bill to amend the President’s Infrastructure Investment and Jobs Act to earmark hundreds of millions of dollars more for …