The U.S. saw a jump in oil and gas rig activity in the past week and it was attributed to more drilling for natural gas as prices continued to climb. At the same time, Oklahoma’s rig activity remained unchanged. The nation’s rig count, according to Baker Hughes in its Rig Count released on …
The Osage Nation, the tribe in total control of oil and gas well drilling in Oklahoma’s Osage County, is in the process of plugging an estimated 1,600 abandoned wells in the county. But the figure could be much higher for the 12-person crew tasked with the job. A report by Osage News delved …
Xcel Energy has announced new generation resource additions as part of an overall portfolio to meet the rapidly rising energy needs of its Texas and New Mexico service area. The portfolio includes extensions of 521 megawatts of existing generation as well as the addition of 17 new power projects that will add 5,168 …
With at least one energy expert saying crude oil prices are dangerously close to no longer being profitable for oil producers, crude oil prices closed down on Friday. The expert, Dwight Scott, executive vice chairmanof Quantum Capital Group made the remarks in an interview with Bloomberg TV, reported Business Insider. Brent crude, the …
The Department of the Interior has updated its guidelines for states applying to federal programs aimed at cleaning up abandoned oil and gas wells. The revised guidance updates two federal grant programs, the $780 million Orphaned Wells State Matching Grant Program and the $1.93 billion Orphaned Wells State Formula Grant Program. The changes are meant …
President Trump’s recent announcement at the Pennsylvania Energy and Innovation Summit, of nearly $90 billion in new energy investments emphasized not only the importance of the state’s natural gas production, but also included the recently announced $11 billion nuclear and data center near Amarillo, Texas. We’ve highlighted what Fermi America, co-founded by former …
** Chevron Corporation (NYSE: CVX) announced that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset. ** The US energy industry’s long nuclear winter may finally be giving way to spring. None other than Westinghouse, the …
Oklahoma Corporation Commissioners and staff are busy looking into what prompted the Cheyenne and Arapaho Tribe’s attempt to enforce its own environmental regulations on oil and gas operations within its tribal boundaries. Commissioners, as OK Energy Today reported last week, quickly responded with assurances to the oil and gas operators that they were …
An attack by drones on Iraqi Kurdistan oil fields Thursday sent crude oil prices up $1 a barrel, a clear sign there is continued risk in the volatile region. Officials believe Iran-backed militias were responsible, although no group has claimed they were behind the attacks. Oil output in the region has been cut …
Emorates Global Aluminium, the world’s largest premium aluminium producer which announced plans for a $4 billion plant in Oklahoma, recently put its recycling plant in Minnesota into operation. The United Arab Emirates-based firm expanded its EGA Spectro Alloys aluminium plant, a move that added 55,000 tons of secondary billet production capacity in the first …
