A certain pattern in the oil patch across the U.S. has developed over the past year and it includes developments in Oklahoma—smaller oil and gas producers are seeing less growth while the major energy companies are growing. The pattern also gives the larger firms more opportunities to acquire smaller operations. Witness what OilPrice.com …
Chord Energy is acquiring Williston Basin assets from Exxon Mobil subsidiary XTO Energy for $550 million. Chord will finance the acquisition with cash on hand and borrowings, the company said Sept. 15. “The acquired assets are in one of the best areas of the Williston Basin and have significant overlap with Chord’s existing …
** The U.S. House is set to vote this week on Republican-led bills that would let “reliable” energy products bypass interconnection queues, ease pipeline permitting, and establish a permanent federal coal advisory council. ** Used EV sales have risen 40% over the last year as buyers find they’re often cheaper than comparable gas-powered cars. ** …
Ukrainian drone attacks that left more Russian refineries afire and operations closed sent crude oil prices higher on Monday. The price reaction also came as President Trump urged NATO nations to stop all oil purchases from Russia. Reuters reported one of Russia’s largest oil refineries, in the northwestern town of Kirishi, has halted …
Before they headed to Washington, D.C. this week to make their case against oil and gas drilling around the historic Chaco canyon of New Mexico, Native American leaders first did a flyover of what they consider to be sacred land. Leaders from Tesuque, Santo Domingo, Santa Ana, Cochiti, Santa Clara, Acoma and Picuris …
Oklahoma saw a drop of one in the latest Baker Hughes Rig Count but at the same time, one of the state’s busy drilling sectors saw a gain in its count. The Baker Hughes Rig Count released on Friday showed Oklahoma’s count fell from 43 to 42 rigs. A breakdown of where the rigs …
Entergy just won approval to build two more natural gas power plants in Texas. The state’s Public Utility Commission signed off on the projects as Texas, Oklahoma and many other states face a growing boom of electricity demand caused in part by construction of data centers and expanding industries. Entergy said it expects the Legend …
Just as some residents of Yukon contend they have been kept in the dark by city leaders of plans for a $1 billion data center to be built on land sold by the city, an investigation by the Frontier finds the same is being reported across the state in other data center projects. …
A plan by the Oklahoma Water Resources Board to cut the amount of water farmers and ranchers in northwestern Oklahoma can use drew users to a recent public hearing in Mooreland. The hearing focused on the board’s first major update to groundwater permit limits since 1983 and drew the attention of several farmers …
Following Vital Energy’s acquisition by Crescent Energy in late August, one executive of the Tulsa company is reassuring employees that things will continue as normal. But it is also clear the Tulsa office of Vital will likely close. Crescent Energy, headquartered in Houston, Texas bought the company in a $3.1 billion all-stock deal …
