Oklahoma’s fight with the Interior Department stemming from its takeover of coal-mining regulations enforcement following the U.S. Supreme Court McGirt ruling caught the attention of the national media this week. As OK Energy Today earlier in the month, Interior notified Oklahoma that federal officials would enforce mining laws in the Muscogee (Creek) Reservation. …
Two major players in Oklahoma’s oil and gas industry, Halliburton Co. and Cimarex Energy Co. were sued by oilfield firm U.S. Well Services which accused them of infringing on its electric fracking patents. The lawsuit alleges Houston-based Halliburton’s all-electric fracturing fleet violates several U.S. Well Services patents for electric pumps and pumping systems and …
Arkansas consumers will likely see the historic gas costs from the February winter storm spread out by state utilities from several months to several years. That’s according to the state’s Public Service Commission which is dealing with requests from utilities to deal with the massive jump in gas cots incurred during the storm. Some …
A major producer in the Permian Basin, BP Plc plans to spend more than $1 billion on construction of a network of pipes and infrastructure to collect and capture natural gas from its oil wells in Texas and New Mexico. The plans will eliminate routine flaring of natural gas in the basin by 2025 …
Leaders in North Dakota believe their state will get $1 billion more in oil and gas revenue than they had planned for the state budget. Higher oil prices are leading the way as North Dakota, a state with heavy investments by some Oklahoma energy firms such as Continental Resources, could get up to $4 …
Tulsa’s Citizen Energy III LLC reported completion of four wells on a single pad in Grady County with production of nearly 2,500 barrels of oil a day. The Bridge Creek wells, located in Bridge Creek near state highways 37 and 4 had spud dates in September 2020 at a site located at 14 9N 5W. …
Crude oil prices fell Friday in trading but US prices remained above the $63 mark at the New York Mercantile Exchange. West Texas Intermediate crude for May delivery dropped 33 cents to $63.13 a barrel. Global benchmark Brent Crude for June delivery slipped 17 cents to $66.77 a barrel in ICE Futures Europe. May …
Billionaire Warren Buffett apparently sees a way to make money off the woes of Texas following the February winter storm. His Berkshire Hathaway Energy’s $8.3 billion plan to build 10 new natural gas power plants across the state for emergency use has been formally introduced in the form of a bill in the Texas …
Oklahoma has slowly made gains in the number of oil and gas rigs in the field as the latest Baker Hughes report shows the state with 21 operational rigs. The number is an increase of one over a week earlier and compares to 24 a year ago. Nationally, the rig count grew by 7 …
North Dakota’s oil production also fell victim to electrical power blackouts caused by the massive February winter storm. Oklahoma exploration companies with extensive operations in the state were likely victims of the rolling blackouts. The nation’s second largest oil-producing state, North Dakota churned out 1.08 million barrels of crude per day in February, down …
