SandRidge Energy, Inc. announced financial and operational results for the third quarter showing improved earnings over the second quarter financial earnings. Third quarter net income was $18.7 million and 51 cents a share compared to $16.6 million and 45 cents a share in the previous quarter. Adjusted net income improved as well, going from …
November 7, 2023 archive
Nichols Hills and others honored for promoting alternative fuels
The Central Oklahoma Clean Cities Coalition recently honored the city of Nichols Hills, Clean Energy Fuels and a state legislator for their efforts in promoting and adopting alternative fuels and advanced vehicle technologies. The Clean Cities Coalition is part of ACOG or the Association of Central Oklahoma Governments. This year’s award winners are Clean …
Air Force wants nuclear missile sites protected from wind farms
The growth of wind farms across the upper Midwest has prompted the Air Force to ask Congress for protection for its underground nuclear missile silos. It’s something similar to the flap that developed a few years ago when the Air Force felt the growth of wind farms in Oklahoma endangered pilots at the air …
Reduced oil and gas revenue results in lower yearly gross receipts in Oklahoma
Gross Receipts for the last 12 months of $17.07 billion are $167 million, or 1 percent, below revenues from the previous year according to the Oklahoma State Treasurer. Impacted by reduced oil and gas revenue, October marks the first time since March 2021 that receipts to the Treasury fell below the prior year’s 12-month …
Headlines elsewhere
** A record 48 oil supertankers are making their way to the US, Bloomberg reported. US crude oil production and exports are booming, while OPEC+ countries have curbed oil supply. US oil exports hit 3.99 million barrels a day in the first half of 2023, according to the EIA. ** U.S. pipeline operator Kinder Morgan …
- 1
- 2