The number of active oil and gas rigs in Oklahoma fell by one to 44 in the past week, while nationally, there was a gain of seven to reach a total of 629 reported Baker Hughes Co. on Friday. Oklahoma’s count of 44 compares to the 62 rigs reported one year ago. The U.S. …
Despite a slight dip in crude oil prices on Friday, they still finished the week more than 3% higher because of rising demand from US refiners completing planned overhauls. Once again, natural gas prices slipped in Friday’s trading. West Texas Intermediate crude dropped 17 cents or 0.21% to close trading at $81.09 a barrel on …
Nearly $1 million in federal funds aimed at helping Native American tribes with what are called climate resilience projects is going to four tribes in Oklahoma. It’s part of $120 million in funding for 146 Indian projects across the U.S., according to an announcement by the Interior Department. The Chickasaw Nation will receive …
A new report contends oil and gas wells, pipelines and compressors across the U.S. are emitting three times the amount of methane into the atmosphere as the government claims. The lead author of a study in journal Nature says it’s cost more than $9 billion a year in climate damage. The author also suggests more …
A federal judge recently ruled Entergy Arkansas is on the hook for a $135 million refund ordered by federal regulators. And it won’t be ratepayers who’ll be coughing up the money. The ruling stems from a system agreement that Entergy Arkansas had to operate as a pool with Entergy Texas, Louisiana, New Orleans, …
The Oklahoma Supreme Court recently ruled against two pilots who survived the crash of a single-engine Cessna airplane 14 years ago and sued Cessna Aircraft Company. The Justices upheld a lower court ruling that said Cessna was not responsible for a fire that broke out in the plane as Jade P. Schiewe and …
Mewbourne Oil, operator of wells in Oklahoma, Texas and New Mexio, has been fined $5.5 million by the Justice Department over violations of the Clean Air Act. Mewbourne will also have to spend another $4.6 million to make sure its oil and gas battery pads comply with regulations. The government contended the wells produced …
