After a few months of no reported drilling activity, based on Baker Hughes Co. rig reports, someone is drilling in the Mississippian play. The latest Baker Hughes rig count showed one rig active in the play but there is no designation whether it is northern Oklahoma or Kansas. Few changes were recorded in the …
December 24, 2024 archive
Growing data center industry in Virginia might help Williams Cos. in pipeline expansion
Tulsa’s Williams Cos. might have support from the state of Virginia in the firm’s request of federal regulators to add another 55 miles of its 10,000 mile long Transco Pipeline. The growing data center industry in Virginia, according to the Virginia Mercury, is driving unprecedented energy demand and “straining the state’s natural gas …
Energy briefs
** NOV Inc. hold a conference call to discuss its fourth quarter and full year 2024 results on Wednesday, February 5, 2025, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Tuesday, February 4, 2025. The call will be webcast live on …
OGE Energy Corp updates its credit facilities
OGE Energy Corp. took recent steps regarding its banking efforts. The parent company of OG&E recently extended its original $550 million unsecured five-year revolving credit facilities first entered into in December of 2021. The extension is to 2028 and involves Wells Fargo Bank, National Association, as Agent, JPMorgan Chase Bank, N.A. and Mizuho Bank, …
Senator’s report blasts Biden administration over EV efforts
Oklahomans are familiar with U.S. Sen. James Lankford’s “Federal Fumbles” reports detailing what he labels as outrageous government spending. Kentucky Sen. Rand Paul’s similar effort is his annual Festivus Report and in the latest one released this week, the Senator cited the more than $15 billion the Biden administration’s Department of Energy spent “to …
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