Vital Energy, Inc., in Tulsa reported it had received more than $628 million in cash tender offers for a series of senior notes made available some weeks ago. Based on information provided by the Global Bondholder Services Corporation, Vital said that as of 5 p.m. on March 27, it had received tenders of $431,150,000 for …
As Okahoma’s rig count held steady in the past week,the number of active oil and gas rigs across the U.S. dropped by 3 to 621, reported Baker Hughes Co. in a release on Thursday. Oklahoma remained steady at 44 rigs but was still below the 59 reported by Baker Hughes a year ago. The …
The Emergency Drought Commission met on Tuesday and voted on several motions regarding the Emergency Drought Cost-Share Program. The deadline for practices related to water well drilling, pipeline, pumping plant and water facilities has been extended to December 31, 2024. In a separate motion, the Emergency Drought Commission voted to maintain the initial June 30 deadline for …
Manufacturing activity in Oklahoma and other states that make up a Federal Reserve Bank of Kansas City district didn’t fare well in March. Chad Wilkerson, senior vice president at the Bank announced the bank’s latest manufacturing survey revealed manufacturing activity declined further in March and expectations for future activity were steady. “Regional factory activity …
When it comes to some of the legislative issues dealing directly with the Oklahoma Corporation Commission, how does the only candidate to file so far for the commission in 2024 feel about them? OK Energy Today spoke at length with former State Senator and Secretary of State Brian Bingman about such issues as Right …
** The bodies of two people were recovered from the Patapsco River on Wednesday as officials searched the water where the Key bridge collapsed after being hit by an out-of-control container ship. The men, a 35-year-old and a 26-year-old, were found trapped in a red pickup at the middle of the fallen bridge, according to …
A new study finds that Oklahoma is one of the top 20 states in the U.S. for its production of renewable energy. The state ranks number 6 in the U.S., largely because of the wind power and wind farms that exist. The ranking is based on 2022 figures showing Oklahoma produced 39.72 TWh of …
As the dollar strengthened and U.S. crude and gasoline stocks made a surprise jump, crude oil prices fell for a second consecutive day in trading on Wednesday. At the same time, it proved to be a strong day for Oklahoma energy stocks. West Texas Intermediate crude dropped 27 cents or 0.3% to $81.35 a …
The growth of sediment in the Oklahoma River where it flows through Oklahoma City is the target of a major dredging operation. City workers have started the process of removing dirt and sediment build-up to keep the river in peak operation, according to a report by the city’s Public Works Department. “Our river boats …
So why is the Colorado oil and gas industry now coming out in support of a controversial push to ban all oil and gas drilling in the state by 2030? It’s not a case of “if you can’t lick ’em, join ’em.” Instead, the push is a political maneuver to point out that the …
