A new report from the government shows oil and gas production in the Anadarko Basin that covers most of western Oklahoma will increase in October. The U.S. Energy Information Administration reported overall oil production in the basin will go from 424,000 barrels a day in September to 432,000 barrels a day. Average new well …
Category: General
Rep. Mullin says Biden’s still hurting the US with his energy policies
In his latest edition of “Mullin it Over”, Oklahoma Congressman Markwayne Mullin repeated his criticism of President Biden and his energy policies. Rep. Mullin, who is a candidate to replace Jim Inhofe in the U.S. Senate, pointed to the decision by OPEC+ to slash oil production by two million barrels a day and how …
States complain of being forced to create energy plans
Several Republican Attorneys General from area states have voiced their complaints about a stalled federal proposal that would force some states to create an energy plan. Oklahoma Attorney General John O’Connor was not among those who wrote to U.S. Senate leaders last week and opposed what amounts to a takeover of grid planning. That’s because the …
Dividend declared by Phillips 66
Investors in Phillips 66 got good news this week. The company’s board of directors declared a quarterly dividend of 97 cents a share on Phillips 66 common stock. The dividend will be payable Dec. 1, 2022 to shareholders of record as of the close of business on Nov. 17, 2022.
Sierra Club report critical of some Oklahoma utilities
A new report by the Sierra Club wasn’t kind to most of the nation’s utilities and their pledges to reduce their greenhouse gas emissions, including those in Oklahoma. Oklahoma Gas and Electric was one of the companies that received an “F” grade, as the Sierra Club put it on a list of “one of …
Oilfield worker killed in accident near Chickasha
A drilling rig accident near Chickasha left a 20-year old worker dead this week. Fox 25 News reported Tanner Snider died in the incident when the rig was pulling pipe from a hole and a joint separated. Click here for Fox 25 News report
Bank survey finds solid energy growth in Oklahoma and other states
Energy activity in Oklahoma and the other states that make up the Tenth District of the Federal Reserve Bank of Kansas City grew solidly in the third quarter of the year. In an Energy Survey released Friday, the bank cautioned that despite the solid gains, the industry’s expectations for future activity eased somewhat. “Despite …
Mike Rowe to headline OKC’s Oil and Gas Expo
The people of Oklahoma Oil and Natural Gas are excited to welcome Mike Rowe to Expo 25 at the Bennett Event Center at the OKC Fairgrounds on October 13. Rowe, the star of shows like “Dirty Jobs,” is committed to telling the stories of the people who do the real work of America. He …
Oklahoma saw gain of rig activity while nationwide count slipped
Baker Hughes Co. on Friday reported a decline of oil and gas rigs across the U.S. while the activity in Oklahoma increased to 65 rigs. The Oklahoma count was a gain of one rig from a week ago while the total of 65 rigs compared to the 41 rigs reported one year ago. Nationally, …
Interior to offer hundreds of thousands of acres for oil and gas drilling
The federal government prepares to put a quarter million acres of public land in Wyoming and 10,000 acres in New Mexico up for oil and drilling auctions in the coming months. The Interior Department announced it wants public input over the next month on its plan offering 251,086 acres in Wyoming and 10,124 acres …