ONEOK announced this week the extension of its share repurchase program saying its goal in the next few years is to acquire $2 billion in shares. The board of directors said the effort will be made over the next four years, explaining the buyback will “complement the dividend growth rate as a key pillar …
The Oklahoma Mesonet says northern Oklahoma’s frigid weather left the region in a deep freeze for more than 5 days as temperatures never rose above freezing. But the 131 hours of sub-freezing temperatures were not a record. “The cold has been crazy, no? Here we are on day 5-6 of our Arctic deep freeze …
Oklahoma Congresswoman Stephanie Bice is criticizing the Biden administration’s effort to wage what she calls a “full-scale assault” on American energy production and gas-powered automobiles. In a column released this week, the Republican Representative said the President has taken the actions to cater to electric vehicles. “Recently, the Federal Highway Administration has attempted to …
Crude oil prices remained nearly flat in Wednesday’s trading with Brent down and WTI up a little after China had disappointing economic growth, resulting in concerns about energy demand. Plus, crude oil production in North Dakota has been cut in half because of extremely low temperatures. It also proved to be another day of losses …
Copper thieves were so desperate to swipe the metal from a radio tower in Hugo, they cut the tires holding the tower, causing the 500-foot structure to collapse, knocking a local radio station off the air. “You’ve robbed the community of a voice. You’ve robbed the community of a way to communicate very vital …
Temperatures were so low this week in North Dakota—how about minus 20 for a high—that the state’s oil production was cut in half. Oil production fell between 600,000 and 650,000 barrels a day as of Tuesday, reported the North Dakota Pipeline Authority. Justin Kringstad, director of the state’s pipeline authority reported that on Wednesday, the …
The Oklahoma Space Industry Development Board meets Thursday afternoon in Oklahoma City and the U.S. effort to return to the moon will be one of the issues to be discussed. One of the items to be considered is an update on the status of NASA’s Artemis project, the effort to return to the moon. …
The growth of the use of drones has been astounding over the past decade. They’re used by oil and gas producers, land agents, ranchers and many others. Now a legislator wants to prohibit the state of Oklahoma from buying drones from covered foreign entities. Rep. Chris Banning, a Republican from Bixy filed the legislation. House …
A Dallas oil and gas company that is not even one year old is making some headlines in the Permian Basin where it started making more acquisitions for oil production. Ellipsis U.S. Onshore, formed in June 2023, is considered a newcomer to the Delaware Basin which makes up the western part of the Permian. …
As chairman of the House Science, Space and Technology Committee, Oklahoma Congressman Frank Lucas was eager Wednesday to learn more about why NASA’s Artemis program was delayed again. He chaired a hearing on the subject of Returning to the Moon: Keeping Artemis on Track, and showed he wanted some answers from NASA’s leadership about the …
