Oklahoma’s Corporation Commissioners plan a regular meeting Tuesday at the state capitol where they will deal with more rulemaking, something that’s been on their agenda for the past several weeks. The 1:30 p.m. meeting will be at the Will Rogers Memorial Office Building. The agenda is as follows: I A. Call to order B. …
February 2024 archive
New LED lighting project to start on Devon Tower in Oklahoma City
Look for a new look on downtown Oklahoma City’s Devon Tower. Devon Energy intends to spend $3.5 million to upgrade the LED lighting to meet the expectations the company had when the tower was completed in 2012. Standing 844 feet tall with 50 stories and a million square feet in office space, it …
Rig count grew in Oklahoma in past week while it dropped across the U.S.
As Oklahoma’s oil and gas rig activity increased by one in the past week, the national numbers declined, according to the Baker Hughes Co. rig count released on Friday. Baker Hughes showed a one-rig increase as Oklahoma recorded 42 active rigs. A year ago, the state had 64 operating rigs at this time. …
Will Rogers World Airport could get a new name
A name change for Oklahoma City’s Will Rogers World Airport? It might occur as the Airport Trust recently decided to consider such a move after it took a survey of nearly 6,000 people about the airport. The survey was launched last October. At the time, Tracey Hamm, a representative for the trust indicated a …
Energy quick reads
** U.S. natural gas producers are slashing spending and reducing drilling activity following a sharp decline in prices, companies said this week during earnings presentations and analyst calls. ** House Judiciary Chair Jim Jordan, R-Ohio, cheered the news that multiple major U.S. banks and financial institutions are leaving a $68 trillion climate alliance founded at the …
Earthquake rattled Eagle Ford play over the weekend
Texas, not Oklahoma, was the latest state to be shaken by a significant earthquake. It was early Saturday morning when a 4.7 magnitude quake rattled San Antonio around 12:30. The depth, according to the U.S. Geological Society was 4.2 miles and the epicenter was about 1.5 miles southeast of Falls City, located 60 …
Commissioner points to reimbursement as another example of wrongdoing in winter storm bonds
Nearly four months after Oklahoma Attorney General Gentner Drummond issued a “put up or shut up” demand of Corporation Commissioner Bob Anthony over his fraud claims regarding the issuance of bonds to cover the 2021 winter storm prices, Anthony stepped forward with another piece of evidence to back up his charges. The Commissioner revealed …
Legislators didn’t support New Mexico’s lavish oil and gas wastewater plan
New Mexico Gov. Michelle Lujan Grisham, who flew to Dubai for the COP28 Climate Summit and made an extravagent announcement of a $500 million plan to buy treated drilling wastewater, just saw her idea go up in smoke. She was the lone Governor to join the stage aat the conference some months ago but …
House members vote against Biden’s LNG moratorium
All five Oklahoma U.S. House members sided with the majority in voting to strip President Biden’s authority to permit natural gas export projects—a slap in the face to his freeze issued last month of permits to send more LNG shipments to Europe. The House vote was 224-200 and Oklahoma U.S. Reps. Stephanie Bice, Josh …
BlackRock takes another step to back away from heavy ESG commitments
BlackRock, the investment firm banned from doing state business in Oklahoma because of its ESG policies and alleged discrimination against oil and gas, is backing off its previous heavy commitment to an international climate change coalition. The coalition, known as Climate Action 100+ or CA100+ had promoted stronger action on climate change. But this …