Two bipartisan bills were approved by the House Science, Space, and Technology Committee led by Oklahoma Republican Rep. Frank Lucas who praised the action. Joining him in commenting after passage was Ranking Member Zoe Lofgren, a California Democrat. Passed by the committee were the H.R. 290, the Commercial Remote Sensing Amendment Act and H.R. 342, the …
January 31, 2023 archive
Canadian firm drills geothermal well in New Mexico
While University of Oklahoma scientists carry out geothermal tests near Tuttle, a Canadian firm recently drilled an 18,000 foot well bore in southwest New Mexico to do the same. The well drilled by Eavor Inc. turned out to be the deepest hole ever drilled in New Mexico in a move to tap geothermal …
Corporation Commission to consider regulator’s questions about utility bills
When Oklahoma Corporation Commissioners hold a special meeting on Wednesday, they’ll be asked again to take up Commissioner Bob Anthony’s repeated questions about utility costs that have lead to increased consumer bills. The agenda for the 1:30 p.m. meeting includes the same questions Commissioner Anthony attempted to have answered at last week’s fuel cost …
Helmerich and Payne sees improved earnings and growth
Tulsa’s Helmerich & Payne reported first quarter earnings of $97 million or 91 cents a diluted share from operating revenues of $720 million, increase from the $46 million and 42 cents a diluted share from the quarter ended Sept. 30, 2022. The firm’s moving ahead with growing operations in the Middle East, Argentina and …
Headlines
** Exxon Mobil Corp. reported $56 billion in profit for 2022, smashing a company record set in 2008 when the company reported net earnings of $45.2 billion. For the fourth quarter of 2022, the oil major reported a profit of $14 billion excluding charges. ** Political debate grows over the dead whales washing ashore in …
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