Calling Argentina’s Vaca Muerta shale play “one of the most compelling shale plays in the world”, Continental Resources in Oklahoma City confirmed it made a second buy in the South American country’s oil production zone. The company, founded by chairman Harold Hamm and now led by President and CEO Doug Lawler, announced …
Category: Oil & Gas
Crude oil prices dropped Tuesday amidst Venezuelan oil discussions
The sharp gain in crude oil prices recorded on Monday was reversed as prices fell 2% a day later in Tuesday’s trading as the market remained unsure how to react to the U.S. capture of Venezuelan President Nicolas Maduro during a weekend raid in which no U.S. military personnel lost their lives. Government officials …
Nuclear study to take center stage for regulators—not firings
Oklahoma Corporation Commissioners will attempt a return to normal business on Wednesday after removing two of its top officers over the past week. It was last week when the three regulators fired Brandy Wreath as Director of Administration and this week when Communications Chief Trey Davis was also removed from his position at the …
Study shows who’s falling behind in AI race—Oklahoma’s among them
Study shows who’s falling behind in AI race New report examines AI adoption, jobs, infrastructure by state A new December 2025 report analyzed how U.S. states compare in artificial intelligence adoption, infrastructure, workforce demand, and legislation, identifying which states show slower AI uptake and limited supporting resources. Oklahoma is among the 10 identified states with …
Ascent Resources CEO and Chairman to retire
Ascent Resources Announces CEO Transition as Jeffrey Fisher Retires Leadership Change Set for January 31, 2026 Ascent Resources LLC announced a major leadership transition as longtime Chairman and Chief Executive Officer Jeffrey A. Fisher plans to retire from his executive roles effective January 31, 2026, according to a company announcement released Monday. The Oklahoma City–based …
Energy Brief: Trump Signals Venezuela Oil Comeback
Energy Brief: Trump Eyes Venezuela Oil Return U.S. Energy Policy & Markets *Government officials in Caracas and Washington are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday, a deal that could divert supplies away from China while helping state company PDVSA avoid …
Empire Petroleum Extends Revolver Credit Facility to 2028
Empire Petroleum Extends Revolving Credit Facility to 2028 Credit Facility Extension Supports Long-Term Strategy Tulsa-based Empire Petroleum Corporation has secured additional financial runway after executing a third amendment to its revolving credit facility with Equity Bank, extending the maturity date by two years. According to the company’s announcement and a filing with the U.S. Securities …
Oklahoma oil experiences in Venezuela
Some Oklahoma oil and gas firms have had their share of experiences with the Venezuelan regimes that ran the country’s oil industry. They have not been good. Executives at Helmerich & Payne in Tulsa experienced the tough-handed decisions going back to a 2007 agreement in which the company agreed to supply its drilling rigs …
Scott Mitchell talks energy with Jerry Bohnen—the latest house cleaning at the Corporation Commission
https://www.facebook.com/reel/1576359276700637 Eyebrow-raising personnel changes at the Oklahoma Corporation Commission. It’s what Scott Mitchell and Jerry Bohnen discuss on the latest Scott Mitchell talks energy with Jerry Bohnen podcast. First there was the firing of Brandy Wreath followed this week by the termination of Trey Davis as Chief of Communications. What’s behind the housecleaning?
New Mexico Sues Oil Firms Over Abandoned Well Cleanup Costs
New Mexico Sues Oil Operators Over Abandoned Well Cleanup Costs Attorney General Targets Alleged Shell Company Scheme New Mexico Attorney General Raúl Torrez has filed a lawsuit aimed at forcing oil and gas operators to pay for cleanup and plugging of aging wells, accusing a group of executives and companies of deliberately shifting environmental liabilities …