Advancing a major gas pipeline New York Governor Kathy Hochul finally relented and on Friday handed a major award for Tulsa-based Williams Cos.to see light at the end of the day as it seeks approval for a 24-mile pipeline to supply New York City with natural gas. She signed a permit advancing the …
November 9, 2025 archive
Devon Energy builds on big third quarter
Leaders at Devon Energy are excited over what the rest of 2025 and 2026 will bring for the Oklahoma City-based oil and gas company after the firm recorded a record third quarter in production and revenue. Eight months after assuming his role as President, CEO and Director, Clay Gaspar exuded excitement during a …
Oil exec fears of layoffs caused by OPEC+ production
The president of a Texas oil company warns of layoffs and a potential slowdown in drilling next year as OPEC+ producers flood the market and drive down prices. With the clock ticking as 2026 is weeks away, not all oil companies will be walking into the new year optimistic. “I think what [oil …
Mach reduces 2026 drilling effort following 3Q losses
Oklahoma City’s Mach Natural Resources LP reported total revenue and net losses of $273 million and $36 million in the third quarter of 2025, respectively and decided to cut back on oil and gas exploration in the remaining quarter of 2025. The company explained it “Reduced 2026 drilling and completion capital program by 18% …
Bridge over Lake Texoma to be replaced in 2026
Lake Texoma bridge replacement shifts into formal design phase Nearly five months after flooding at Lake Texoma caused damage to the US-70 Roosevelt Memorial Bridge, the Oklahoma Department of Transportation starts the process of designing a replacement for the structure with construction possible in 2026. ODOT signals urgency because this route holds economic and mobility …
Data center raises concerns for OKC Planning Commission
Hyperscale Data Centers Pressure OKC Planning System The data center hype is being felt at City Hall in Oklahoma City where city planners prepare in the coming week to decide if zoning changes are necessary to handle concerns and questions about their growth. The Planning Commission will meet Thursday, November 13 to hear the city’s …
Retirees Say ESG Blacklist Threatens Financial Security
ESG Blacklist legal fight remains active at the Oklahoma Supreme Court More than a year after an Oklahoma County District Court judge enjoined the state from enforcement of its anti-ESG law and ordered State Treasurer Todd Russ to stop creating a ESG Blacklist, the case remains before the Oklahoma Supreme Court.However, legal friction continues building …
Natural gas rig numbers on the rise in the US
A weekly gas report from the Energy Information Administration shows the expansion of natural gas drilling efforts across the U.S. and reflects how interest has resulted in a growth in the number of gas-drilling rigs compared to those drilling for oil. Rig Count According to Baker Hughes, for the week ending Tuesday, October 28, …
Oil and gas rig numbers increased across the US
While the number of oil and gas rigs across Oklahoma was unchanged over the past week, the count grew to 548 across the U.S. The latest Baker Hughes Rig Count, released on Friday, showed a gain of 2 rigs for the national total. The number of oil rigs was unchanged at 414 while there …
Crude oil rose Friday but still fell for the week
Crude oil prices made slight gains on Friday after dipping at mid-day. Increases came following President Trump’s meeting with Hungary’s Prime Minister Viktor Orban where they discussed making an exception for his country to use Russian crude oil. Prices had fallen earlier in the day as global benchmark Brent registered a loss on the …
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