For a second day of trading, Oklahoma energy stocks saw performances into positive territory as they started the week with more gains than losses. Last Friday, they also rebounded from the large 20% losses inflicted during the tariff war. PHX Minerals had the largest percentage gain at more than 4% but one exception was …
April 14, 2025 archive
ONG rate case leads to fight over who can challenge it
If approved, a request by Oklahoma Natural Gas Company to increase its base rates by more than $41 million could mean higher gas bills for the firm’s 924,000 customers. But before a decision is made, regulators and a judge had to decide about who could intervene and challenge the case. The Oklahoma Corporation Commission …
Vital Energy’s annual meeting to be held in May
Vital Energy announced its annual shareholders meeting will be held in May. The Tulsa company, in a proxy statement filing with the Securities and Exchange Commission said the May 22 meeting will begin at 9 a.m. at the Santa Fe Plaza building, 521 E. 2nd Street in Tulsa. All stockholders of record as of the …
Bi-partisan support grows to end Daylight Saving Time in Congress?
Just a few weeks after Moore State Rep. Kevin West apparently lost his bid for House approval of a move to lock Oklahoma into standard time and stop the changing of clocks twice a year, maybe his call is getting a resurrection in Congress. It’s been reported Democrats and Republicans are joining forces …
Increased natural gas production in Eagle Ford region
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 While some energy firms have in recent years stepped away from their oil drilling exploration in the Eagle Ford region of South Texas, most notably Expand Energy and its sale of assets there, the federal government reports there has been an increase in natural gas production …
New Mexico congressional delegation fears Trump administration will approve drilling near Chaco Historical Park
U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, U.S. Senator Ben Ray Luján (D-N.M.), and U.S. Representatives Teresa Leger Fernández (D-N.M.), Melanie Stansbury (D-N.M.), and Gabe Vasquez (D-N.M.) reintroduced the Chaco Cultural Heritage Area Protection Act, legislation to protect Chaco Canyon and the greater sacred landscape surrounding …
Energy briefs
** BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year. The exploration well was drilled in Green Canyon Block 584 about 120 miles (193.12 km) off the coast of …
Protecting ratepayers as Data Center growth puts more pressure on electric grids
We’ve written numerous times how the growth of data centers in Oklahoma and across the country has created pressure on electric grids and utilities to come up with more power. It has even prompted northeastern states to change their minds to some extent about the use of natural gas. Where they once opposed it, …
Oklahoma’s Airport of the Year is Stillwater Regional
The news website Stillwegian reports how the Stillwater airport has soared to new heights with top honors from the Oklahoma Airport Operators Association. The group named the airport “Airport of the Year” and honored it for “outstanding leadership and contributions amid ambitious expansion plans.” Stillwegian also reported that airport director Kellie Reed also earned …
Mammoth Energy makes $109 million sale of subsidiaries
Mammoth Energy Services, Inc. announced that its subsidiary Lion Power Services LLC has completed a transaction to sell all equity interests in its wholly-owned subsidiaries 5 Star Electric, LLC, Higher Power Electrical, LLC and Python Equipment LLC , to Peak Utility Services Group, Inc. for an aggregate sales price of $108.7 million. At the …
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