January 1, 2024 archive

Investors conferences to include Helmerich and Payne leaders

  Helmerich & Payne leaders will be busy this week attending two investor conferences. The company’s Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January …

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Rig activity holds in Oklahoma and grows nationally

  As Oklahoma held steady in its oilfield rig activity in the past week, the nation saw a small gain, reaching 622 active oil and gas rigs reported Baker Hughes Co. The weekly report showed a national gain of two rigs. The gain of two oil rigs pushed the total to 500 rigs while the …

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Heat watch results being studied in OKC

  Data from the Heat Watch 2023 in Oklahoma City is still being analyzed months after volunteers using heat sensors drove around the city mapping out the hot spots. The federally-funded program was conducted in August and the Oklahoman reported this week the information is being studied by the National Oceanic and Atmospheric Administration. Results …

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Rep. Lucas mourns death of longtime Democrat friend Rep. Johnson

  For years, Oklahoma Congressman Frank Lucas worked beside long-time Democrat Eddie Bernice Johnson in her former capacity as the first Black woman to chair the House Committee on Science, Space, and Technology, the committee now chaired by Lucas. He rememberered her fondly after she died Sunday at the age of 88 following her department …

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Canoo delivers first EVs to State government

      The State of Oklahoma received its first three made-in-Oklahoma electric vehicles from Canoo as an innovative part of the state’s ongoing fleet modernization initiative. At a combined cost of $119,850, these three Lifestyle Delivery Vehicles (LDVs) are the first of their kind in the state fleet, with one each assigned to the …

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Cole cites strengthening of nation’s Petroleum Reserve a major 2023 move

  Oklahoma Congressman Tom Cole says the passing of two bills to strengthen  the nation’s strategic energy reserves was one of the greatest accomplishments by the House in the past year. In comments about the year 2023, the Republican Rep. said it came after the Biden administration spent two years undermining the national security by …

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Crude oil prices lost 10% for 2023

Crude oil stocks fiinished 2023 down 10% for the year as of Friday and Oklahoma energy stocks slid downward too. Geopolitical turmoil and worries about the oil production levels led the main causes. West Texas Intermediate crudee finished down 12 cents or 0.17% for the day, settling at $71.65 a barrel on the New York …

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