Houston’s Tellurian Inc. just stirred the pot in the Haynesville play after announcing it intends to offer its upstream business for sale including more than 31,000 acres in east Texas and Louisiana. Could the announcement be inviting to one Oklahoma City energy firm? The Haynesville is a heavy target of Oklahoma City-based Chesapeake Energy. …
While critics of wind and solar power point out how the government funds those renewable energy sources with billions in subsidies, critics of oil and gas point to government subsidies for the industry. The latest example of tit for tat studies came from the NRDC or Natural Resources Defense Council which stated documents reveal …
The shutdown of nine wastewater wells by state regulators folllowing last week’s 5.1 magnitude earthquake centered near Prague will be indefinite according to a spokesman for the Oklahoma Corporation Commission. Matt Skinner said the wells, suspected of possibly causing the large quake and dozens of others from aftershock, will be closed while scientists study …
(David Carson, Post-Dispatch) Residents who fought a proposed silica sand mine in eastern Missouri contend they won the fight after the company withdrew its lawsuit over a restrictive County ordinance. It was in Ste. Genevieve County where residents opposed the 249-acre site proposed two years ago. They formed Operation Sand and argued the mining …
** One person is dead following a sudden explosion at a petroleum pumping station in Cass County, Michigan.The Cass County Sheriff’s Office says two men were working at the oil pumping station when it exploded. ** The Senate’s border and Ukraine spending package contains more than $2 billion in funds for uranium processing, as the U.S. …
Tulsa’s Vital Energy, Inc. made another expansion of its Permian Basin holdings with a $78 million acquisition of producing wells from Midland, Texas operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC. The purchase increases Vital Energy’s working interest in 54 producing, low-decline wells by an average of 67%, increasing the Company’s …
(Creator: J. Scott Applewhite | Credit: AP) Four Oklahomans in the U.S. House were among more than 150 Republicans who sent a letter to the President this week, blasting his freezing of permits for new LNG projects across the nation. At least seven Democrats also sent a similar letter to the White House, critical of the …
Crude oil up about 1% but Oklahoma energy stocks dropped in Monday’s trading—one firm falling 4%. Oil prices rose about a dollar a barrel as traders and investors are still overly concerned about the Middle East tensions and how they might affect global supplies. US benchmark, West Texas Intermediate crude actually finished up 50 …
Even before President Biden left U.S. energy supporters puzzled over his moratorium on development of LNG ports and operations in the nation, there had been an effort in the House to unlock domestic LNG potential. It won approval in the House but stalled in the Democrat-controlled Senate, and thus prompted Oklahoma U.S. Sen. …
Oklahoma Gov. Kevin Stitt, in his 6th State of the State address to the state legislature stressed that “government is not the answer” to our challenges and instead focused on making Oklahoma the “business capital of the world.” From an energy viewpoint, it was 14 minutes into his adddress on Monday when Gov. Stitt …
