Ovintiv revealed this week in a filing with the Securities and Exchange the identity of the company that acquired Ovintiv’s Anadarko Basin assets in Oklahoma as part of a $3 billion sale. The buyer was MidCon II BuyerCo, LLC, according to the filing. MidCon II BuyerCo., LLC is a newly-formed Texas LLC that will hold …
Drilling in Oklahoma’s most active oil and gas plays remained the same last week compared to the previous week, according to the latest Baker Hughes Rig Count. The Cana Woodford remained the most active play in the Anadarko Basin with 22 rigs, same as the prior week. It was followed by the Granite Wash …
Oil Prices Ease Slightly, Remain Near Six-Month High Despite losses of a quarter of a percent on Monday, crude oil prices were still at a six-month high as a third round of nuclear talks between the U.S. and Iran was set to be held later in the week. Energy markets continue to closely monitor developments …
U.S. Commerce Department Solar Tariff Decision The U.S. Commerce Department will announce whether it will impose tariffs on solar cell and panel imports from India, Laos, and Indonesia. Trump Administration Eyes $25B Nuclear Contract The Trump administration is considering awarding a $25 billion contract to little-known nuclear power company Entra1 Energy, which has fewer than …
Legislator wants to get tough on foreign owners of Oklahoma land Rep. Jim Shaw, R-Chandler, secured committee passage of a bill that would add criminal penalties to Oklahoma’s existing prohibitions on hostile foreign ownership of land. The measure, House Bill 1453, builds on current Oklahoma statutes that restrict certain foreign ownership of property but, according …
Fire danger rises again as Oklahoma warms into the 70s While victims of last week’s wildfires try to recover from the widespread devastation in the northwest and the Panhandle, the Oklahoma Forestry Division expects increased fire dangers as temperatures climb into the 70s this week. The renewed concern comes as firefighters continue mop-up operations and …
The people of Oklahoma Oil and Natural Gas are driving the economy of our state—OERB A new report issued through the Oklahoma Energy Resources Board shows the economic impact in the state totaled more than $58 billion in 2024. “Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is …
After three days of six separate hearings into the $1.255 billion energy expansion projects of Public Service Company of Oklahoma, the case is under consideration by a Corporation Commission judge. It’s a critical case because the cost would be borne by customers of PSO and they will be paying for the projects eve as construction …
Williams Cos. wants to begin work as quickly as possible on its FERC-approved Southeast Supply Enhancement project, an effort to expand the company’s existing Transco natural gas transmission system along the east coast. The Tulsa-company recently applied for permission from the Federal Energy Regulatory Commission to begin work and hopes to have bulldozers and other …
As Oklahomans in the northwest and the Panhandle suffered from disastrous wildfires this past week that burned nearly 155,000 acres in the state and grew to nearly 300,000 acres total combined with Kansas, observers witnessed what fueled some of the quickly spreading fires—–cedar trees that turned into firebombs. Now Rep. Mike Dobrinski, R-Okeene, has picked …
