June 2025 archive

Eminent domain bill on hold in Iowa

    Iowa Gov. Kim Reynolds has yet to act on a controversial bill sent to her by the state legislature to create more restrictions on the use of eminent domain for the construction of carbon capture pipelines. It’s among several bills in which the Governor is facing a June 14 deadline to either sign …

Continue reading »

Bracing for more rain across Oklahoma

  Yes, more rain is in the Oklahoma forecast. Let me repeat that—MORE RAIN IS IN THE FORECAST. As the Oklahoma Mesonet indicated, the forecasts included 4-6 more inches of rainfall across areas of the state where 15-to-20 inches have been recorded in the past few months.

Colorado new home costs could rise if new rules are adopted by state Energy Code Board

    Construction costs on housing in Colorado could shoot up $25,000 to $35,000 if an Energy Code Board adopts recommendations this week requiring future homes to meet more energy efficient standards. The Colorado Association of Home Builders warned that the requirement of electric stoves and heating systems will add high costs to new homes …

Continue reading »

Next broadband expansion project to begin in Claremore

Oklahoma’s latest broadband expansion project will be launched later in the week in Claremore. The Oklahoma Broadband Office will officially launch broadband expansion projects with Atlas Broadband to improve access to high-speed internet service in four counties (Rogers, Osage, Nowata and Tulsa). The Office stated that the projects will significantly enhance digital access to provide …

Continue reading »

Permian Basin oil production boosts US production by nearly triple in past 15 years

      A new government report credits oil production in the Permian Basin with a major increase in U.S. production over the past 15 years. Onshore crude oil production in the U.S. Lower 48 states has more than tripled since January 2010, driven by tight oil production growth in the Permian region, an area …

Continue reading »

Turning things around at NGL Energy Partners

    NGL Energy Partners reported a turnaround its revenue for the fourth quarter and full year fiscal 2025 results. Income from continuing operations for full year Fiscal 2025 totaled $65.0 million, compared to a loss from continuing operations of $157.7 million for full year Fiscal 2024. NGL’s fourth quarter income was $16.2 million, improved from …

Continue reading »

Energy briefs

** Interior Secretary Doug Burgum, Energy Secretary Chris Wright and EPA administrator Lee Zeldin are part of a group that traveled to the North Slope on Monday, promising to undo the Biden administration’s restrictions on crude oil development. ** An Alaska startup proposes a bitcoin mining data center on the North Slope that would be …

Continue reading »

Rig numbers are slipping in Oklahoma

  Drilling activity across Oklahoma is on a slow decline, according to rig counts released by Baker Hughes. The Cana Woodford total fell by two to 18 rigs and the Granite Wash count declined by one to 15. The Ardmore Woodford count dropped by one to 3 rigs while the Arkoma Woodford was unchanged and …

Continue reading »

Rig numbers decline again across the US

  The U.S. saw a decline of another 3 oil and gas rigs over the past week, according to the most recent Baker Hughes rig count. Oklahoma joined the list of states where there were declines in rig numbers. The state count declined by one to 52 rigs. A year ago, Oklahoma’s rig count was …

Continue reading »

Energy Secretary says legislative session was good for Oklahoma’s energy industry

    From an energy standpoint, Oklahoma Energy Secretary Jeff Starling thinks the just-concluded legislative session “went really well.” It’s what he said in an interview for Scott Mitchell Talks Energy with Jerry Bohnen, adding, “There’s always some shenanigans here and there, but I’d grade it as a pretty good session.” The Energy Secretary believes …

Continue reading »