The European Union just can’t come to a fast and solid decision to totally ban Russia’s flow of oil and gas to its member countries and as a result, concerns caused a slight gain in crude oil prices on Friday. In the U.S., West Texas Intermediate crude for June delivery increased $1.02 to close …
Category: General
Interior Secretary left stammering over Manchin and Lankford questions about Biden energy policies
To say Interior Secretary Deb Haaland had a rough day before a Senate Committee hearing last week might be considered an understatement. First she was pummeled by Democrat Sen. Joe Manchin, then politely hauled onto the carpet by Oklahoma Republican Sen. James Lankford as the two pursued questions about the Biden administration’s continued attack …
Oklahoma sees more drilling rigs in the oilfields
Oil and gas drilling in Oklahoma continued to see a slight increase as the latest Baker Hughes Co. rig report shows the state’s rig count increased by one to reach 58 rigs this past week. A year ago, there were only 26 active oil and gas rigs in Oklahoma. But the gain totaled 32 …
OCC staff change
The Oklahoma Corporation Commission was forced to make some staff changes following the recent departure of Tim Rhodes who had been the commission’s Director of Administration. Rhodes left to be Executive Secretary of the University of Oklahoma Board of Regents. Commissioners went ahead and appointed Brandy Wreath as interim Director of Administration. Wreath is …
Guilty plea by former Mammoth Energy executive
A former Mammoth Energy Services executive whose bribery of a former FEMA executive during power restoration of Puerto Rico’s hurricane damage in 2018 led Mammoth into critical financial issues has made a guilty plea in federal court. Click here for The Oklahoman
Devon Energy moves ahead with new Texas gas pipeline
Oklahoma City’s Devon Energy reached an agreement with WhiteWater, Enlink Midstream, LLC of Austin on investments to move forward with the construction of the Matterhorn Express Pipeline carrying natural gas out of the Permian Basin to Houston, Texas. The firms say the decision to begin construction came after they secured sufficient firm transportation …
Latest big producers in western Oklahoma
A Western Oklahoma well drilled by the Kaiser-Francis Oil Company of Tulsa brought in more than 2,100 barrels of oil a day. The Muno 5-13-16 1h, drilled in Custer County at 5 13N 16W, a site about 3 miles southwest of the town of Custer City was completed in March of this year. It had production of …
Congresswoman says Democrats’ price gouging bill will be a failure
Oklahoma Congresswoman Stephanie Bice says the House-passed Democrat Fuel Price Gouging bill offers no real solutions for the energy crisis facing America. She was one of those who voted against H.R. 7688 or the Consumer Fuel Price Gouging Prevention Act. Rep. Bice, the Republican from Edmond called it by another name–the Socialist Energy Price …
Merger of energy firms creates $7 billion Denver-based company
Denver’s Centennial Resource Development has merged with a Texas company to create a $7 billion oil and gas production company to focus its effort in Texas. Centennial reached the deal with Colgate Energy, a firm based in Midland, Texas. The stock transaction means the combined company will be based in Midland while Centennial’s office …
Energy secretary is told–yes, you are to blame for high gasoline costs
The gloves are off as some in Congress aren’t afraid to tell Biden administration officials—they are responsible and not Vladimir Putin for the high cost of gasoline. Consider the latest tiff as Energy Secretary Jennifer Granholm tried to defend the administration during a Senate committee hearing. Click here for Fox News