From Coterra Energy Inc. a first with Halliburton Energy Services over the launching of autonomous hydraulic fracturing technology in North America. It’s the first use of the Octiv® Auto Frac service, which is part of the ZEUS platform and is technology that automates stage delivery execution with the push of a button. Coterra is the first …
January 2025 archive
Gross Production Tax revenue took a “hit” in 2024
Oklahoma Treasurer Todd Russ reports a less than 1% decline in gross revenue over the past 12 months including a more than 22% drop in gross production 2024 tax revenue compared to 2023. Receipts for the last 12 months through December total $16.87B, a decrease of $79.89M, or 0.5%, when comparing revenue from the previous year. However, …
Oklahoma’s Cana Woodford only play to see gain in rig count
Only one of the nation’s oil and gas plays saw a change in the number of its active rigs, according to the most recent rig report from Baker Hughes Co. The Cana Woodford, located in Oklahoma, added one rig to reach a total of 21. The remainder of the leading oil and gas plays …
Texas Supreme Court to consider fault of utilities in 2021 winter storm
While the 2025 winter storm greets us with cold weather and snow, it brings back a reminder of the 2021 winter storm Uri that resulted in large power outages. Hundreds died in Texas and now the Texas Supreme Court agreed to decide whether those deaths can be blamed on utility distributors. NBC DFW reports …
GOP Attorneys General fight “radical energy standards” in Housing Act
Oklahoma Attorney General Gentner Drummond was not among them, but 15 Republican attorneys general have gone to federal court in a lawsuit to fight the federal government’s “radical energy efficiency standards” that they say make affordable housing more expensive. Representing Alabama, Arkansas, Idaho, Indiana, Iowa, Kansas, Louisiana, Missouri, Montana, Nebraska, South Carolina, Tennessee, Texas, …
Cold weather and snow to be with Oklahoma this week
It took about a year, but Oklahoma hit its coldest weather on Sunday. “Yesterday’s statewide average temperature of 29.5 degrees was the coldest day seen in Oklahoma since Feb. 17, 2024’s, 28.4 degrees,” wrote Oklahoma Mesonet State Climatologist Gary McManus in his Monday report. “Today’s average temps are gonna be off the charts. Well, they’ll still …
Energy briefs
** The Biden administration bans new offshore oil and gas drilling on more than 265 million acres of water, including along the entire West Coast and in the Northern Bering Sea in Alaska. ** Alaska economic officials expect the state’s oil and gas sector to gain 600 jobs this year but still remain far below 2014 employment levels. ** …
ERCOT keeps close eye on power needs during cold weather
Obviously not wanting a repeat of what happened during the 2021 Winter Storm Uri, the Texas grid operator, ERCOT issued a weather watch for this week. The grid operator said the forecasted cold weather across its service area would result in higher electrical demand and the potential for lower reserves. So far, grid conditions …
Mitchell Talks Energy focuses on one official’s call for more media cover of regulators
Would MORE media coverage, and FEWER statewide elected officials equal better government in Oklahoma? In this episode we discuss comments from Gov. Stitt and Commissioner Anthony on precisely that issue.
Canoo plans equipment auction in fund-raising effort
Maybe things are worse money-wise for Canoo than the company led the public to believe. A month after furloughing workers at its Oklahoma City plant and pausing operations, the company revealed it intends to auction off some of its engineering and manufacturing equipment this month in California. A company spokesperson explained it is part …
