Ahead of releasing its third quarter financial results in early November, Vital Energy, Inc. provided select preliminary results for third-quarter 2023, including average daily total and oil production and incurred capital investments. The Tulsa company’s third-quarter 2023 total production averaged approximately 101.3 thousand barrels of oil equivalent per day (“MBOE/d”), above guidance of 94.0 …
** Transportation Secretary Pete Buttigieg was chased from an event in Baltimore on Tuesday evening after left-wing climate activists stormed the stage and demanded he stop fossil fuel infrastructure projects. ** Congressional Western Caucus Chairman Dan Newhouse (WA-04) introduced legislation which would withdraw the National Park Service (NPS) and U.S. Fish and Wildlife Service (FWS) proposed 10(j) …
Empire Petroleum Corporation announced this week the start of its 2023-2024 drilling program with the spud of a new well at its North Dakota asset in the Starbuck Field. “Yesterday, we spudded our first well in North Dakota marking the beginning of redevelopment plans aimed at unlocking significant opportunities across all of Empire Petroleum’s …
Wednesday brought another day of tumbling crude oil prices as they slipped 2% while investors gained a little more confidence that supplies won’t be disrupted by the fighting in Israel and Gaza. Plus, OPEC producer Saudi Arabia’s pledge to stablize the market eased some of the worries. West Texas Intermediate, the U.S. benchmark, dropped $2.48 …
The Oklahoma Broadband Governing Board has elected Dr. Jim Meek to serve as its chair and Amanda Mullins as its vice chair. The board selected Meek and Mullins by unanimous votes at its regular monthly meeting on Tuesday, October 10. The pair will lead the nine-member board as it oversees expansion of reliable and affordable high-speed internet service throughout the state. Meek, of Okmulgee, is an appointee …
Nearly six months after Pansonic Holdings Corporation reportedly stated it considered construction of a new battery factory in Oklahoma, there has been no public movement or discussion on the topic. Kyodo News reported in April of this year that Panasonic, the company that chose Kansas for the site of a $4 billion battery plant following …
The deadly and brutal attack by Hamas terrorists on Israel last weekend had Phillips 66 CEO Mark Lashier doing some quick defense of his company’s ties to Qatar. The Bartlesville Examiner-Enterprise reported Lashier made his comments as guest speeaker at the Bartlesville Regional Chamber of Commerce forum. “I’m not an expert on politics, but …
Wyoming legislators are considering legislation to stand up in defiance of the Biden administration’s proposed plan to put 3.6 million acres of land in the state off-limits. The Bureau of Land Management plan resulted in sizzling opposition among legislators who have drawn up their response in the form of legislation that would prohibit state …
A Louisiana federal judge has ruled in support of Devon Energy in a lawsuit against Texas Pacific Oil Company. The case involved settlement by Devon of a separate lawsuit of which TP Oil was not a party but was a beneficiary. The original suit was filed by Wichita Partnership, Ltd. against Apache Corporation and …
** The White House is standing by President Biden’s statement earlier this year that climate change poses the largest threat to humanity, even as thousands of people have been killed or wounded after a radical Iran-backed terrorist group unleashed violence across Israel over the weekend. ** Navigator CO2 Ventures announced Tuesday that it is putting on hold …
