Crude oil prices took another drop on Thursday, sliding nearly 2% and at the same time, extending Wednesday’s losses of nearly 6%. Worries about fuel demand fed the latest loss, even more than an OPEC+ decision to continue with oil output reductions. Experts in the industry suggest that investors have nagging concerns that peak demands …
Not quite time for “frost on the pumpkins” but it’s getting close in Oklahoma this weekend. Above is the prediction from the Oklahoma Mesonet Climatologist Gary McManus. “That’ll freeze your pumpkins (and we all know just how painful that can be). That’ll be the coldest weather we’ve seen in the state since May 3, when Nowata …
Devon Energy recently filed completion reports on two wells drilled on a single pad in Canadian County with production of more than 1,100 barrels of oil a day. The combined natural gas production from the two Dougherty Bros wells, located about 7 miles southwest of Okarche, was more than 9,700 Mcf a day. Located …
ConocoPhillilps just forked over nearly $3 billion in cash to finish its nearly $4 billion purchase of the remaining 50% interest in Surmont, the oil sands operation sold by TotalEnergies EP Canada Ltd. It means ConocoPhillips now owns 100% of Surmont which had been targeted for purchase by SunCor. But ConocoPhillips, operator of the …
ONEOK’s third quarter financial results will be released on Halloween. We’re not sure if that’s a spooky time to be releasing them, but that’s when the company said it plans to make them available right after the market closes on October 31. ONEOK’s executive management will participate in a conference call the following day. …
Oklahoma Treasurer Todd Russ said the state’s investment performance for August was a $2 billion improvement over a year ago. “This report is an important part of my office and commitment to disclose our economic environment and portfolio results,” said the treasurer in announcing the portfolio performance, diversification and strategy results. Funds available for …
Just as environmental enforcers in New Mexico announced this week their intention to crack down on oil and gas operations found in violation of emissions regulations, the state released a list of actions taken in September. The New Mexico Environment Department made available its Enforcement Watch. The Enforcement Watch is a listing of all active …
ONE Gas, Inc.plans to release its third quarter 2023 financial results after the market closes on Monday, October 30, 2023. The Tulsa-based company, with more than 2.3 million customers in Oklahoma, Kansas and Texas, had a moderate second quarter. Its net income was $32.7 million or 58 cents a diluted share, up from …
Low levels on the Mississippi River are again disrupting U.S. grain shipments, but so far there aren’t major challenges up and down Oklahoma’s McClellan-Kerr Navigation System that feeds into the Mighty Mississippi. “The low water on the Mississippi River has only affected us at Montgomery Point,” answered Sheila Shook, Director of Workforce and Education …
When Brian Bingman recently resigned as Oklahoma Secretary of State to make a run in the coming year for the Oklahoma Corporation Commission, it was amidst a state audit. And now that audit has caught up with him. Whether the accusations will damage Bingman’s campaign to be a state regulator isn’t clear. Voters will have …
