The President’s latest release of 15 million more barrels of oil from the nation’s Strategic Petroleum Reserve might not be the last. If that’s so, any future releases will surely draw more criticism from some Oklahoma congressmen who accused the President of staging a political stunt just before mid-term elections. Interviewed Sunday on CBS’s …
Category: Oil & Gas
STEM night at Weatherford High School
Weatherford will be the site of the OERB’s latest effort to encourage high school students to invest in science, technology, engineering and math. A Community STEM Night at the Weatherford High School will be held Tuesday, Nov. 1 from 4 p.m. to 7 p.m. Teachers, students, and parents are encouraged to come and …
Schlumberger announces name change
Whether it means changes in the company signs in Oklahoma City and other locations across the state, but Schlumberger is no longer Schlumberger. The Houston-and Paris-based company announced Monday it changed its name to SLB and also rebranded itself as a technology firm going after more clean-energy space work. The new name of the …
Groups join forces to fight carbon capture pipelines
Carbon pipeline projects in the Midwest are being opposed by such groups as Bold Alliance, the same Nebraska-based organization that led opposition to the Keystone XL pipeline. Bold Alliance joined the Sierra Club as among the most prominent anti-pipeline groups fighting the carbon projects in Iowa and a handful of other Midwest states reported …
Rep. Mullin—Biden continues to drain US emergency supply
Oklahoma Congressman Markwayne Mullin joined others this week in criticizing President Biden over his latest release of oil from the nation’s Strategic Petroleum Reserve, a move made just a few weeks before the mid-term elections. In a weekly column to his constituents, the GOP Representative, who is running for U.S. Senate to succeed retiring …
Appeals court rules against Oklahoma in fight over social cost of carbon
A St. Louis, Missouri-based Federal Court of Appeals ruled against Oklahoma and a dozen other states who had challenged President Biden’s “social cost of carbon” calculation in determining the environmental impact of greenhouse gas emissions. The 8th U.S. Circuit Court of Appeals upheld the administration’s calculation in the lawsuit in which Oklahoma and other …
Latest big producers include another Ovintiv well in STACK
Already one of the more successful oil and gas companies with its drilling projects in Kingfisher County, Ovintiv Inc. added a fifth well to its most recent major efforts. The Winters 1709 3h-31xx, located at 18 17N 9W, a site in northern Kingfisher County, was completed April 21 of this year with production of 1,823 barrels of …
OK energy stocks made gains while crude prices rose
Oklahoma energy stocks responded Friday to an increase in crude oil prices, making gains as investors hoped for a strong demand from China. Plus, the weakening U.S. dollar outweighed concern of any global economic downturn. Some Oklahoma energy stocks saw gains of 6 and 7%. In the U.S., West Texas Intermediate crude for December …
Reports are mixed on rig counts in Oklahoma and US
Depending on which rig reporting service you read, the nation’s rig count either fell by 14 in the past week or grew by two. Enverus reported a decline of 14 rigs in the last week to a peak of 883 rigs in the week ended Oct. 19. “While the Gulf Coast and Williston Basin …
Retired General moves to another state job
Former Oklahoma Army National Guard Brigadier General Hopper Smith landed another new state job. He’s been named by the Oklahoma Department of Commerce to be its new State Director of Aerospace and Defense. Smith joined the Commerce Department after being named in 2018 as Executive Director of the Oklahoma Workers’ Compensation Commission. He was …
