A new discovery by the U.S. Geological Survey in the Permian Basin no doubt has energy exploration companies excited, including some from Oklahoma. The USGS claims the newly discovered reserves are enough to supply the U.S. for 10 months. The federal government’s earth sciences arm says it found 28.3 trillion cubic feet of …
January 19, 2026 archive
Another week of steady rig numbers in Oklahoma
Oklahoma’s oil and gas plays saw no change in the number of active drilling rigs over the past week, according to the most recent Baker Hughes Rig Count. The Cana Woodford had the highest total of active rigs with a count of 17, the same number from a week earlier. The Granite Wash, a play …
Bill filed to protect Oklahomans from foreign AI development
One of the latest data center bills to be filed in the legislature would prohibit any foreign ownership of such an artificial intelligence project in Oklahoma. State Sen. Warren Hamilton, R-McCurtain, filed the Senate Bill 1706 which provides that data centers in Oklahoma may not be directly or indirectly rented, leased, or controlled by a …
NextEra Energy’s 4Q earnings report to be released
NextEra Energy, the Florida-based energy development company with extensive operations in Oklahoma, plans to release its fourth-quarter and full-year 2025 financial results later this month. The company recorded a nearly 10% adjusted earnings increase in the third quarter. The results will be made known before the opening of the New York Stock Exchange on …
Poison saltwater still leaking four months later in Caddo County
Four months after a salt water leak led to the deaths of more than two dozen head of cattle on a Caddo County farm, the leak is still discharging the poisoned water and the Corporation Commission is spending funds to resolve the issue. The company that managed the poorly plugged century-old well located a mile …
Oklahoma Revenue Rebounds in December; 12-Month Total Reaches $17.2 Billion
The Oklahoma State Treasurer’s Officereleased the December 2025 State Tax Revenue Report, showing a strong month-over-month rebound and continued year-over-year growth. Total monthly collections reached $1.53 billion, up 22.0% from November and 8.5% higher than December 2024. Over the past 12 months, Oklahoma collected $17.2 billion, an increase of $326.4 million, or 1.9%, compared to …
Energy briefs
** The Trump administration files a lawsuit seeking to overturn California’s law banning new oil and gas wells near homes, schools, hospitals, and parks, claiming it violates federal law and hampers energy development. ** Advocacy groups revive a lawsuit seeking to block the Trump administration’s proposed oil and gas leasing program in the Arctic National …
Representative wants legislature to be more open for the public
Gann Announces ‘Open Legislature Initiative’ to Subject Lawmakers to Transparency Laws Rep. Tom Gann, R-Inola, one of three Oklahoma House members who went to the Supreme Court to challenge Oklahoma Corporation Commission votes, wants more openness on the agency as well as others in state government. He takes issue with a year-old law passed by the …
Energy expert—Oklahoma’ oil and gas won’t be affected by Venezuelan oil
Will Oklahoma’s oil and gas industry be impacted by the the U.S. takeover of Venezuelan oil? Likely not, according to noted energy economist Dr. Steven Agee. He says Oklahoma’s oil and gas industry will likely see little if any impact from the U.S. removal of Venezuelan leader Maduro and the takeover of the oil and …