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Natural Gas Drilling Resumes in Arkansas’ Fayetteville Shale Play
In Arkansas, there is some excitement since the first natural gas drilling rig in the state since the end of 2015 has gone up in the Fayetteville Shale play. KUAR radio, a National Public Radio affiliate in Little Rock reports the rig is believed to be operated by Houston-based Southwestern Energy. The company reported last …
Governors Want National Energy Policy in Political Debate
From the Associated Press in Little Rock. Oklahoma Gov. Mary Fallin and Arkansas Gov. Asa Hutchinson agreed when they spoke Monday at the Interstate Oil and Gas Compact Commission‘s annual conference that energy policy needs to be included in the national political debate. But the two governors disagreed on a controversial transmission line project that …
Gasoline Hits $2.05 Average in Oklahoma
A slight drop in gasoline prices was reflected over the past week in Oklahoma as the statewide price average hit $2.05 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma. The average is nearly the same as reported on Sept. 22, Aug. 20, July 5 and May 19. “Gas prices are playing …
State Commits to Finish Highway and Bridge Improvements
Those highways and bridges where oil and gas trucks and big rigs hauling wind farm blades travel in Oklahoma are the target of an 8-year Construction Work Plan approved Monday by the Oklahoma Transportation Commission. The DOT said major improvements have already been made through the Eight-year Construction Work Plan but “much work remains …
Treasurer Still Pessimistic About State’s Economy
“We keep scouring through the data to find signs of an impending turnaround, but it’s just not there.” Treasurer Ken Miller on State’s economy. Those August gross receipts to the Oklahoma Treasury still weigh heavily on the mind of Treasurer Ken Miller as he releases his monthly Oklahoma Economic Report. He doesn’t sound optimistic …
Labor Unions Tell President his Involvement to Stop Dakota Access Pipeline is Chilling
Dallas-based Energy Transfer just got the support of five labor unions this week in the company’s fight to finish construction of its $4 billion Dakota Access Pipeline opposed by the Obama administration. The unions include LiUNA and the International Brotherhood of Teamsters who sent a letter to President Obama expressing deep concerns about his administration’s …
Oklahoma Sierra Club Prepares for Annual Gathering
The Oklahoma Chapter of the Sierra Club is preparing for its annual chapter gathering set for the weekend of Oct 21 at the Chickasaw National Recreation Area near Sulphur. It begins Friday afternoon at 5 o’clock, with a music mixer. On Saturday, Oct 22 from 9 a.m. to 2 p.m. there will be multiple outing …
Devon Energy Dumps Membership in OIPA Claiming ‘Inequity’ in the Group’s Membership Structure
A shocker for the Oklahoma Independent Petroleum Association where Oklahoma City-based Devon Energy has dropped its membership claiming the group does not apparently do enough for those who make large capital investments in the state. “This decision arose from our serious concerns with OIPA’s ability to be an effective advocate for the significant capital investments …
Rig Counts Grew in U.S. and Oklahoma in the past Week.
The latest weekly rig report by Houston-based Baker Hughes Company, an oil and gas servicing firm shows the U.S. rig count grew by eleven over the past week reaching a total of 522. Oklahoma’s count grew by one to hit 68. However, it should be noted the rig count is based on activity of …
Has Jobless Path Bottomed Out for Oklahoma’s Energy Sector? One Expert says it’s Possible
The trend of oil and gas workers being let go by the thousands in Oklahoma might have bottomed out. So says Lynn Gray, Director of Economic Research at the Oklahoma Employment Security Commission. “I’m cautiously optimistic that if oil and gas prices stay in the range they’re in, we may have seen the bottom in …