As some of the Oklahoma legislative committees have ended their public meetings, dealing with energy bills, some considered live rounds and others that are still being fashioned with their “titles struck,” observers might want to be paying close attention to the behind the scenes efforts. It’s where the legislative “sausage” is made and in …
Category: Oil & Gas
Energy briefs
** Employees of ConocoPhillips face more layoffs after the oil company’s merger with Marathon Oil, which triggered sweeping job cuts in Houston last year, reported the Houston Chronicle. A spokesman for the Houston oil giant confirmed Friday that the company had informed employees about additional layoffs, but declined to specify how many or when the layoffs would …
Some oil from Keystone Pipeline leak recovered and returned
Operators of the Keystone Pipeline indicate they managed to save and put some of the 3,500 barrels of crude oil from a pipeline leak back into the line. KFYR TV in Bismarck,North Dakota reports 3,100 barrels were recovered and 2,433 barrels were injected back into the line. Meanwhile, the damaged section of pipeline from …
Quarterly financial results to be released by PHX Minerals Inc.
After finishing 2024 with its highest total corporation production volumes for a full calendar year since 2019, PHX Minerals Inc. in Fort Worth plans to release its first quarter financial results. The company, with core production efforts in Oklahoma, Texas, Louisiana, North Dakota and Arkansas, will release the results after the close of …
Two Oklahoma oil and gas plays recorded increased drilling activity
Only three of the nation’s oil and gas plays saw increased drilling activity in the past week, according to the latest Baker Hughes rig count, and two of them are in Oklahoma. The Nation’s rig count grew by 2 to reach 587 rigs and increases were recorded in the Granite Wash of Oklahoma …
Kansas regulators heard arguments in controversial natural gas plants
Kansas Corporation Commissioners say they hope to have a decision by early July on a controversial proposal under a new state law that is similar to one opposed by Oklahoma Corporation Commissioners. Under the year-old Kansas law, utility company Evergy wants authority to construct two new natural gas plants, but it faced opposition …
Scott Mitchell talks energy with Jerry Bohnen—an OKC gathering of Trump energy leaders
A gathering of Trump administration leaders in Oklahoma City. It’s a topic when Scott Mitchell talks energy with Jerry Bohnen. Plus, the fate of a wind tower setback bill and what it might mean at the legislature.
Oklahoma sees increased oil and gas rig activity
The number of oil and gas rigs in Oklahoma increased in the past week as did the rig count across the U.S. according to the latest Baker Hughes Co. report. Oklahoma’s count grew by two in the past week to reach a total of 55, ten more rigs than a year ago. The …
Crude oil prices had moderate gains on Friday but OK energy stocks slipped
While crude oil prices finished higher on Friday, most Oklahoma energy stocks closed down for the day. Despite the gain in crude oil prices, they still finished with a weekly drop, thanks in large part to the uncertainty around the tariff talks between the U.S. and China, reported Reuters. There was a sign …
Continental Inc. handed legal victory by Oklahoma Court of Civil Appeals
Oklahoma’s Court of Civil Appeals has reversed a Garfield County District Judge’s ruling against Continental Resources Inc. in an 8-year legal fight over natural gas purchase agreements and attorney fees. The Court declared the ruling by District Judge Tom Newby should be reversed in favor of Continental Resources which had been in a …