Add Oklahoma Corporation Commissioner Todd Hiett among those regulators who suggests a bill that was allowed to become law without the signature of Gov. Kevin Stitt is unconstitutional. As OK Energy Today reported, the subject of the constitutionality of SB998 by Sen. Grant Green (R-Wellston) and Rep. Trey Caldwell (R-Faxon) was raised at …
Category: Oil & Gas
Empire Petroleum’s 2Q results—lower revenues but higher production
Empire Petroleum reported a drop in second quarter revenue compared to a year earlier as the Tulsa-based company reported operational and financial results for the second quarter 2025. But company leaders expressed confidence in moving forward, declaring “this environment is temporary.” With producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, Empire …
Devon to supply natural gas to British firm in 10-year deal
Devon Energy just made a 10-year deal to provide natural gas to British-owner Centrica plc as Centrica expands its natural gas operations around the globe. As announced by Centrica, under the agreement, Devon Energy will supply 50,000 (MMBtu) per day of natural gas over a 10‑year term starting in 2028. This is equivalent to …
Scott Mitchell talks energy with Jerry Bohnen—energy and how it’s covered—or not covered
Scott Mitchell talks energy with Jerry Bohnen as they have a guest on today’s podcast. Their discussion focuses on energy challenges of the 1980s and the lack of news coverage of energy today.
Energy companies focus on training to prevent oilfield thefts in Oklahoma
The Metal Information Sharing Team (MIST), in partnership with Continental Resources, Coterra Energy, Devon Energy, ONEOK and Ovintiv, hosted a free one-day training symposium focused on preventing crimes that threaten Oklahoma’s oil and gas industry. The eight-hour, CLEET-certified training, held at the Canadian County Expo and Event Center in El Reno, brought together …
Oil prices hit one-week high on Thursday ahead of Trump-Putin meeting
A one-week high was reached Thursday by crude oil prices as they rose nearly 2% upon President Trump’s warning of “severe consequences” if his approaching talk with Russia’s Vladimir Putin fails to bring an end to the war in Ukraine. Plus, traders were buoyed by the prospects of a U.S. interest rate cut …
Data centers are power hogs, but in many cases regular customers are paying the bills
By Mike W. Ray Southwest Ledger Research indicates the brunt of the increased cost of artificial intelligence that has spurred development of data centers and a surge in electricity consumption is falling not on major corporations, but on regular energy consumers – primarily residential and commercial customers. As of July, the United States …
Texas regulators warn of toxic wastewater leaks in Permian Basin
Oil and gas operators in the Permian Basin of west Texas got a warning this week from the Railroad Commission of Texas about growing underground pressure caused by wastewater disposal wells in the region. And it’s impacting some Oklahoma operators in the Basin. Regulators went so far as to suggest the toxic wastewater from …
Texas utility commission sues Texas attorney general to avoid releasing data on crypto companies’ power use
A newspaper’s request for public information about data on cryptocurrency mining led to a lawsuit filed by the Texas Public Utility Commission against Attorney General Ken Paxton who contended the information should be released. The request came from the Texas Tribune and some other news outlets but the Public Utility Commission argued the …
Drummond secures reversal of protections for lesser prairie chicken
Attorney General Gentner Drummond is celebrating a significant win for Oklahoma’s agricultural and energy sectors, as a federal court has vacated the Biden-Harris administration’s rule that listed the lesser prairie chicken as an endangered species. A U.S. District judge on Tuesday ruled in favor of Oklahoma, Texas and Kansas, finding that the U.S. …