April 5, 2025 archive

Light earthquakes felt near Edmond

    The latest earthquakes to rumble across Oklahoma occurred Friday morning. The U.S. Geological Service recorded two separate quakes around 4 a.m. Both had epicenters near North Midwest Boulevard and east Covell Road. The first measured 2.9 magnitude and was recorded at 4:04 in the morning and the second happened 6 minutes later. The …

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Space board makes it official—DAWN Aerospace makes Oklahoma its US base

  “Whoooo!,” exclaimed Brenda Rolls, chair of the Oklahoma Space Industry Development Authority after the board approved a contract to make Oklahoma the U.S. home of a European-based spaceplane. DAWN Aerospace, based in the Netherlands, reached out to locate its only U-S operation at the Burns Flat Space port. “By many metrics, the Mk-II will …

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US sees gain in oil rigs but loss in gas rigs

While the number of active oil and gas rigs in Oklahoma held steady over the past week, the latest Baker Hughes Co. rig count showed a decline nationwide. Oklahoma’s count was unchanged at 53 rigs, 9 more than a year ago at this time. The nation’s count fell by two to 590 rigs. But the …

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Legislator calls on Gov. Stitt to return State Forester to his job

Rep. Justin Humphrey, R-Lane, the vice chair of the House Public Safety Committee hascalled on Gov. Kevin Stitt to return Mark Goeller, the former state forester and director of Oklahoma Forestry Services, to his job. The governor fired Goeller after wildfires devastated much of the state beginning March 14. The fires left four dead, 200 …

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Texas Eastern to provide gas for largest gas-fired power plant in US

  Natural gas from the Texas Eastern gas pipeline system will be used to fuel what is being billed as the largest gas-fired power plant in the U.S. News of the $10 billion 4.5 GW gas-fired generation plant to be located in Pennsylvania where it will serve a planned data center campus was announced by …

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Attorney General and Corporation Commission come to defense of Todd Hiett

  It now appears two state agencies have come to the defense of Oklahoma Corporation Commissioner Todd Hiett, the state-wide elected official accused of sexual abuse and repeated public drunkenness over the past year. As OK Energy Today reported earlier in the week, the Attorney General appeared to defend Hiett in asking the Supreme Court …

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Energy briefs

**  Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making. The case was the first of dozens of pending lawsuits to reach trial in Louisiana against the world’s leading oil companies for their role …

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Oil prices tumble amidst tariff war–Oklahoma firms feel the pain

  The tariff war launched by President Trump resulted Friday in a second day of tumbling values of shares in Oklahoma energy firms. Two companies, NGL Energy Partners and Vital Energy dropped 17% at the end of Friday’s trading. Ovintiv, while technically not an Oklahoma-based company but one with heavy exploration in the STACK and …

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Big oil firms see drop in shares following Trump’s tariff war

  Not only are Oklahoma energy firms seeing and feeling the impact of a tariff war between the U.S. and the rest of the world, so are major oil and gas firms in the nation. As Reuters reported, the U.S.. oilfield service firms are “bracing” for a hit as President Trump’s tariffs throw supply chains …

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