Three weeks after a geyser of saltwater and poisonous hydrogen sulfide gas spewed into the air from an oil field in West Texas, it has finally died. So reported Fuel Fix of the Houston Chronicle. The geyser was first discovered in a Reeves County oil field or the Permian Basin. Reports indicated Kinder …
October 2024 archive
Falling coal sales hit Tulsa’s Alliance Resources in 3Q
While Alliance Resources saw an increase in oil and gas royalty volumes in the third quarter, it also saw a drop in coal sales, leading to a decrease in revenues. A big decline. The Tulsa company, known for being one of the largest coal producers in the eastern U.S., saw total revenues in the …
Canoo to launch overseas EV sales in United Kingdom
Electric vehicle manufacturer Canoo, headquartered in Texas but with a major plant in Oklahoma City, says it has received Individual Vehicle Approval regulatory certificates to sell commercial delivery vans in the United Kingdom. The company, in a press release, called it a “significant milestone” for the company as it prepares for pilot testing the RHD …
Mammoth Energy 3Q earnings to be released this week
Oklahoma City-based Mammoth Energy Services plans a third quarter earnings release this week. Based on financial settlements in its legal fight with Puerto Rico, earnings could be improved. The company will make known the earnings results on Friday, Nov. 1 at 9 a.m. Central Time. In recent weeks, the company announced the receipt of …
Controversial transmission project touted in US Senator’s ad campaign
New Mexico U.S. Sen. Martin Heinrich, a Democrat, came out in a recent TV politcal ad that he supports the controversial SunZia transmission project that stretches from his state to California and Arizona. Developers worked for 20 years to get the 550 mile project approved and in the ad, Sen. Henrich called it a …
Oil and gas plays see little change in rig activity
(Eddie Seal for The Texas Tribune) The most recent count of oil and gas rigs across the U.S. indicated little change in most of the oil and gas plays. The Permian Basin, with the highest number of active rigs at 304, was unchanged from the previous week, according to the Baker Hughes rig count. …
Oil and Gas Expo held in OKC
The 27th anniversary of the largest industry event in the state celebrated the innovations, technologies, and economic contributions of oil and natural gas in Oklahoma with 3,500 attendees at the OKC Fairgrounds Bennett Event Center. In addition to the main Expo, there were several exciting events that took place this year: Donuts & Doghouses …
Attorneys General elections linked to climate and environment in other states
Oklahoma Attorney General Genter Drummond is not one of them, but attorneys general candidates in 10 other states face elections watched carefully by environmentalists because of climate change and renewable energy. Depending on your point of view about climate change and the development of renewable energy, the election results could prove to be critical—one …
Legislators explain their hiring of attorney Stephen Jones in lawsuit against Corporation Commissioner
The three state Representatives who filed suit against Corporation Commissioner Todd Hiett to prevent him from voting in rate cases for three major utilities explained why they hired well-known attorney Stephen Jones to represent them before the Oklahoma Supreme Court. “Throughout his long history representing high-profile defendants, Stephen Jones has been a champion of …
Energy briefs
** Boeing on Monday launched a stock offering that could raise up to $19 billion as the planemaker looks to strengthen its finances squeezed by an over month-long strike by its workers and preserve its investment-grade credit rating. ** Campaign spending by ethanol producers related to a South Dakota carbon pipeline ballot measure far outweighs spending by …
