Rig numbers increased in Oklahoma and US

  The latest figures available from the Baker Hughes Co. show Oklahoma’s rig activity grew in the past week as did the U.S. count. Oklahoma increased its rig count by one to 22, far more than the 12 rigs reported active one year ago. Nationally, Baker Hughes reported an increase of 5 to 453 rigs …

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Hundreds of barges stranded on Mississippi River

    The number of barges stalled on the Mississippi River because of a crack in an I-40 bridge at Memphis, Tennessee is growing. At last word, more than 700 barges were stranded as the biggest route for U.S. agricultural exports was at its busiest.   Bloomberg reported a queue has expanded to 47 vessels …

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Court won’t suspend Dakota Access Pipeline case

  A U.S. appeals court denied a request from operators of the Dakota Access oil pipeline to freeze the company’s case while it seeks a Supreme Court review in its battle to keep the line open. Click here for Reuters story.

House Republicans urge Biden to fortify American energy security in wake of Colonial pipeline cyberattack

  Oklahoma U.S. Reps were among GOP leaders urging the Biden Administration to oppose energy policies that restrict the construction of more American pipeline capacity and undermine the nation’s energy security following the cybersecurity attack on the Colonial Pipeline Company. Oklahoma Reps. Frank Lucas, Tom Cole, Markwayne Mullin, Kevin Hern and Stephanie Bice were among …

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Colorado appeals court upholds Crestone’s right to drill in eastern Boulder County

  Residents fighting proposed oil and gas drilling near Boulder, Colorado lost a round in court this past week when the Colorado Court of Appeals upheld a lower court ruling that allows Crestone Peak Resources to continue with fracking plans.   According to the court’s opinion, the county’s appeal centers on one question: What constitutes …

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Continental Resources CEO: not much impact from Colonial yet

  Continental Resources CEO Bill Berry says the fallout from the Colonial pipeline attack hasn’t significantly impacted the company yet but there is some impact from labor shortages. He speaks with Bloomberg’s Alix Steel and Guy Johnson on “Bloomberg Markets.” Click here for Bloomberg report.

Tinker AFB bidding to land Reserve unit of KC-46 tankers

    Eight Air Force bases including Tinker Air Force base in Oklahoma City are in the running to receive the next KC-46A Pegasus tanker units, the service announced. Two active-duty installations, Fairchild Air Force Base, Washington, and MacDill AFB, Florida, are competing for 24 KC-46A jets that will replace older KC-135 Stratotankers. Six bases …

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Tough 1Q earnings for Cypress Environmental

  “The operating results for the quarter were both disappointing and unacceptable.” Cypress Environmental Partners, LP Chairman, President and CEO Peter C. Boylan III was blunt about his assessment of the company’s financial earnings report for the three months ended March 31, 2021. The company managed to reduce its debt by $20.2 million in the …

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Minnesota family-owned company will build one-third of U.S. wind projects this year

  A family-owned wind power construction company located in Avon, Minnesota expects to build nearly one-third of all the wind projects in the U.S. including some in Oklahoma. Blattner Energy, formerly D.H. Blattner & Son’s Co. has more than 450 wind and solar projects to its name and built several of the wind farms in …

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Anticipated rainfall could ease Oklahoma’s dry conditions

  Rains predicted this week in Oklahoma might take significant steps in easing the dry conditions in the state, conditions that are not as severe as in western states. Oklahoma has only the far western reaches of the Panhandle in what is considered extreme drought. Otherwise, the western parts of the state are in abnormally …

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