August 6, 2025 archive

Mitchell talks energy with Jerry Bohnen….more attention on the demand for natural gas

It’s a “supply and demand” podcast on Mitchell talks energy with Jerry Bohnen. This week’s guest? Natural gas.  

Crude oil prices slid Wednesday for a fifth straight day of trading

    Wednesday’s trading brought a 1% slide in crude oil prices as they reached an eight-week low. The President’s comments about talks to persuade Russia to end its war with Ukraine created more uncertainty with investors whether he might move forward with new sanctions on Putin. Reuters reported those moves marked a fifth consecutive …

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Devon Energy nearly doubled net earnings in 2Q and expands natural gas efforts

      Devon Energy reported second quarter earnings of $899 million or $1.41 per share and $536 million of core earnings, or $0.84 per share that were nearly double of what was reported in the first quarter when it totaled $494 million or $0.77 per share. With 21 operating rigs and 6 completion well units, the …

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Stripper Well group stands behind Trump’s environmental actions

  The National Stripper Well Association came out this week with a statement saying it strongly supports the Environmental Protection Agency’s (EPA) historic decision to rescind the Endangerment Finding, a long-standing regulatory trigger for carbon dioxide and greenhouse gas restrictions that the organization claims has disproportionately harmed small, independent energy producers for over a decade. …

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Improved safety of Oklahoma bridges leads to higher rankings

    A bridge to improvement. That’s what we could call it as Oklahoma has gone from 49th worst state in the nation for unsafe bridges with 1,200 structurally deficient bridges to fourth nationwide with only 35 bad bridges. It’s what Transportation Department director Tim Gatz reported this week during a meeting of the Oklahoma …

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Gross production tax revenues reflect oil and gas activity in Oklahoma

  Oklahoma Treasurer Todd Russ says the latest monthly state revenues show an improved picture compared to the prior month, including a more than 50% growth of gross production tax revenues on oil and gas from June of  of last year to July this year. It is a sign of oil and gas production growth …

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Global Entry project to premiere this month at Will Rogers International Airport

    OKC travelers can enroll in Global Entry, a trusted traveler program administered by Homeland Security, onsite at OKC Will Rogers International Airport during a three-day event on August 19, 20, and 21. Global Entry is an authorized program that streamlines travel for passengers who fly internationally more than four times a year. “We are grateful …

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Major revenue improvements reported by Gulfport Energy

    A big turnaround for Gufport Energy Corporation was reported in the second quarter as the Oklahoma City-based energy firm went from a $500,000 net loss of revenue in the first quarter to a  reported $184.5 million of net income in the second quarter. With a focus on gas and crude oil operations in …

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Nation’s electricity peak demand set records twice in July

  Data source: U.S. Energy Information Administration, Form EIA-930, Hourly and Daily Balancing Authority Operations Report The summer demands for electricity across the U.S. set records on two days in the last week of July when temperatures rose and homeowners and business operators dialed in their thermostats to keep cool. The U.S. Energy Information Administration reported that hot …

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Space plane firm makes successful payload flight

    Dawn Aerospace, the company that agreed last spring to locate its only U.S. base at Oklahoma’s Burns Flat Space port, announced recently a joint completion of its first demonstration flight carrying a space domain awareness payload. Together with Scout Space, the successful test was considered a significant first step towad Space Domain Awareness …

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