Only two of the nation’s oil and gas plays saw a gain in active rigs in the past week, according to the latest Baker Hughes rig count. While the plays in Oklahoma remained steady, the Permian Basin added one rig to increase to 305 and the Haynesville did the same increase, creating a total …
March 2025 archive
BlackRock’s reversal of ESG policies
A lot has changed since 2022 when Oklahoma lawmakers created a law outlawing ESG or Environmental, Social and Governance applications by financing companies such as BlackRock Inc., the world’s largest asset manager. In recent months, BlackRock, known for being on the state Treasurer’s list of companies banned from doing business with state agencies, has …
Oil and gas group fights 85% hike in oil production tax in New Mexico
The head of the New Mexico Oil and Gas Association says if a bill in the state legislature is approved to create an 85% tax increase on oil production, it will drive oil and gas production to Oklahoma and Texas. Further, Missi Currier, President of the group called it a direct threat to thousands …
Senator wants Treasurer’s Office to have the power to hire its own attorneys
Whether it is in direct response to the firing by Attorney General Gentner Drummond of attorneys hired last year by State Treasurer Todd Russ to defend a lawsuit challenging an anti-ESG law isn’t clear at this time. But the Oklahoma Senate Judiciary Committee on Tuesday will consider Bartlesville Sen. Julie Daniels’ SB 419 …
Energy briefs
** Still on hold: Arkansas has halted its $54.1 million build-out of electric vehicle charging stations after the Trump administration froze federal funding. ** The Greek shipping company Eurobulk has been hit with a $1.1 million fine by a Texas judge after the company pleaded guilty to illegally discharging oily bilge water from one of its vessels. ** …
Mitchell talks energy with Jerry Bohnen: Bob Anthony’s honor
This week on Scott Mitchell talks energy with Jerry Bohnen, Bob Anthony’s back (sort of) and a pair of stories on the need to get bureaucracy out of the way to fully develop America’s energy abundance.
Claim of Commissioner Hiett’s critics is denied by agency spokesman
A spokesman for the Oklahoma Corporation Commission for the first time revealed a man who was allegedly groped by Commissioner Todd Hiett leading to calls for Hiett to resign and targeted over his rate case votes has never come before the commission in public instances as suggested by Hiett’s detractors. In response to a …
State’s Forestry Division on alert for growing wildfire conditions
Windy conditions and the lack of rainrall over the weekend increased wildfire dangers across the state as Oklahoma continued with a growth of dry conditions. A Sunday report from the Oklahoma Forestry Division stated that 15 new fires, some large, were attributed to escaped control burns on Saturday but the strong southerly winds on …
Few changes seen in rig counts in Oklahoma and across the U.S.
Oklahoma maintained a count of 45 active oil and gas rigs over the past week while nationally, the total increased by one to 593, according to the latest Baker Hughes rig count released on Friday. Oklahoma’s total is four more than one year ago. The U.S. count included a loss of two oil rigs leaving …
Attorney General heard complaints of anti-wind and solar farm groups
The anti-wind and solar farm movement in Oklahoma along with growning opposition to electric transmission lines apparently resonated with Oklahoma Attorney General Gentner Drummond. He had been among state leaders that some of the groups formed to combat eminent domain for transmission lines and renewable energy farms had targeted to support their efforts. Drummond …