Category: Oil & Gas

Oil and gas Expo just weeks away in OKC

      The largest and longest-running oil and natural gas event in the state is back! The 28th Annual Oklahoma Oil and Natural Gas Expo is set to take place on October 9th at the OKC Fairgrounds Bennett Event Center.  With a rich history spanning 28 years, the Expo provides a platform for networking, showcasing …

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Judge revives lawsuit over Denver large building energy standards

    A federal judge in Denver has revived a lawsuit challenging the state of Colorado and the city of Denver’s energy standards for large buildings, a suit that originally had been dismissed in March. U.S. District Judge Regina M. Rodriguez made the ruling after some apartment and hotel trade groups filed an amended complaint. …

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EIA expects record U.S. natural gas consumption in 2025

  The U.S. Energy Information Administration is out with a forecast that natural gas consumption in the United States will increase 1% to set a record of 91.4 billion cubic feet per day (Bcf/d) in 2025. In its latest Short-Term Energy Outlook, it expects natural gas consumption to increase across all sectors except for electric power, …

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Vital Energy acquired by Houston energy firm in $3.1 billion agreement

  Tulsa’s Vital Energy is being acquired by Houston shale producer Crescent Energy in a $3.1 billion all-stock deal. The merger is expected to close by the end of the year and would add operations across the Eagle Ford and Permian Basins and the Uinta Basin in Utah with one of the nation’s largest independent …

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Crude oil made gains on Monday amid slow talks to end war in Ukraine

    With no immediate date set for a meeting between Russian and Ukrainian leaders to end their three and a half year old war, crude oil prices rose on Monday. That’s apparently because traders think there will be even more U.S. sanctions but also because, Ukraine has been attacking Russia’s energy infrastructure including setting …

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US and North Dakota hold settlement talks over 9-year old protests

    North Dakota Attorney General Drew Wrigley confirmed he’s been in negotiations with the federal government to settle a yeareslong lawsuit over the costs of the Dakota Access Pipeline protests. The U.S. government indicated it planned an appeal lof a $28 million judgment handed down this spring by a federal court. Wrigley didn’t offer …

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Energy briefs

** The U.S. Department of the Interior, through the U.S. Geological Survey, today released the draft 2025 List of Critical Minerals and a report that outlines a new model for assessing how potential supply chain disruptions could affect the U.S. economy. The draft list will guide federal strategy, investment, and permitting decisions designed to secure the …

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ONEOK part of new 450-mile Eiger Express Pipeline in the Permian Basin

    ONEOK, Inc., WhiteWater, MPLX LP  and Enbridge Inc., through the existing Matterhorn joint venture, announced a new natural gas pipeline to transport growing natural gas production from the Permian Basin to the Gulf Coast region. The approximately 450-mile, 42-inch Eiger Express Pipeline is designed to transport up to approximately 2.5 billion cubic feet …

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Black Hills Energy to merge with NorthWestern Energy

      The merger of Black Hills Energy Corp. and NorthWestern Energy Group is awaiting approval of regulators. The two firms announced their merger in the past week. Black Hills is a firm that offers natural gas services in southwest and southcentral Kansas. Approval of the merger is needed in the three states in …

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Oil and gas crews keep busy in Oklahoma

    Oklahoma continued another week with no change in the number of oil and gas rigs active in the various oil and gas plays. The latest Baker Hughes Rig Report showed no change with 43 active rigs, compared to the 38 rigs reported a year ago at this time. The Granite Wash and the …

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