Some recent filings by Oklahoma energy companies with the Securities and Exchange Commission reveal percentage of shares owned by investors. Mammoth Energy filed a report showing Wexford Capital L.P. held 22,566,238 shares or 47.07% of the company’s total shares. Wexford is headquartered in Greenwich, Connecticut and has more than $5 billion of assets under …
February 9, 2024 archive
Crude oil finished the week up 6%
Crude oil prices finished not only higher on Friday but also finished the week with a 6% gain from the previous week, thanks to growing concerns about Middle East oil supplies. West Texas Intermediate crude rose 62 cents or 0.8% to settle at $76.84 a barrel. Brent crude went up 56 cents or 0.7% and …
Nation’s rig count grew while Oklahoma declined
While the nation saw a gain in the number of oil and gas rigs, Oklahoma’s count slipped by one in the past week, according to the latest rig count released by Baker Hughes Co. on Friday. The national count saw a gain of 4 rigs to reach 623. The number of oil rigs held …
Tribes fight transmission line for Los Alamos lab
The National Nuclear Security Administration has run into opposition for an energy transmission line it wants to build in northern New Mexico. It’s coming from native Americans and environmentalists who object to construction across the protected Caja del Rio wilderness. The wilderness, located on the lower end of the Santa Fe National Forest, it …
Senator says his 30-year old tax credit bill turned Iowa into a wind farm state
Longtime Iowa U.S. Sen. Chuck Grassley credits a bill he successfully passed in Congress 30 years ago with turning Iowa into a wind energy leader. Writing recently in the Des Moines Register, the Senator credits his Wind Energy Incentives Act with making Iowa one of the nation’s leading states for wind farm development. “There …
Trench collapse killed worker near Shawnee—OSHA is investigating
OSHA is probing the trench collapse that left one construction worker dead in Shawnee Feb. 7. Shawnee police say it occurred as pipes were being installed for a new housing development and the walls of the trench collapsed, trapping the worker. Fellow workers were able to eventually free the man but he died at …