No word whether it has affected Halliburton’s operations in Duncan, Oklahoma, but Reuters reports the company has been cutting staff in recent weeks. The service cited two sources familiar with the matter, indicating Halliburton has joined other companies in making employment cuts in light of increasing costs and lower crude oil prices. Halliburton, …
Summer heat still with us in Oklahoma
The roar of your air conditioner won’t take a breather this week in Oklahoma. Oklahoma Mesonet Climatologist Gary McManus says it’ll keep your electric meter bouncing for a while even though at times, it feels like fall and homeowners are praying for cooler weather. “Remember that thing on the side of your house that …
ConocoPhillips makes longterm LNG contract
ConocoPhillips announced it has signed a long-term sales and purchase agreement to lift 1 million tonnes per annum of liquefied natural gas from the Rio Grande LNG project under development by NextDecade Corporation, near Brownsville, Texas. Under the agreement, ConocoPhillips will offtake LNG over a 20-year term on a free-on-board basis, subject to …
SandRidge Energy announces reinvestment program
SandRidge Energy, Inc. announced that enrollment has opened for stockholders interested in participating in the Company’s previously announced Dividend Reinvestment Plan, which provides stockholders with a convenient and cost-effective way to reinvest cash dividends into additional shares of common stock. The DRIP, administered by Equiniti Trust Company, LLC, allows eligible stockholders to automatically …
Oil prices gained on OPEC+ production decision
(REUTERS/Dado Ruvic/File Photo) Crude oil prices responded with a less than 1% gain after the decision by OPEC+ wasn’t as large of an increase in production as some feared. It was considered a modest hike but at the same time, President Trump gave serious consideration to more sanctions against Russia after Putin’s forces launched …
Arkansas oil and gas company denies allegations of “fake” tribal tax credits
An Arkansas oil and gas company, White River Energy Corp., headquartered in Fayetteville, faces a civil lawsuit as well as a federal regulatory investigation over tribal tax credits. The lawsuit accused the firm of issuing alleged fake tribal tax credits. But the issue has also drawn the interest of the U.S. Senate Finance Committee …
Caddo Nation adopts solar energy for new Hinton child care center
A new child care center in Hinton, one owned by the Caddo Nation, is getting most of its eleccgtricity from solar energy. The center’s 217 rooftop and carport panels were part of a project first developed by Saku, a joint venture between the tribe and solar firm EightTwenty. StateImpact Oklahoma reported in The Oklahoman this …
Gulfport completes stock redemption
Gulfport Energy Corporation in Oklahoma City announced that it has completed the redemption of its Series A Convertible Preferred Stock. On September 5, 2025, the Company redeemed a total of 2,449 shares of Preferred Stock at an aggregate redemption value of approximately $31.3 million, including accrued and unpaid dividends through the Redemption Date. …
PSO files under controversial new law—Corporation Commissioner calls it “terrible policy”
The flood of utility rate requests stemming from the new controversial law created by Senate Bill 998 is about to hit the Oklahoma Corporation Commission. “We’re gonna get flooded,” said Commissioner Todd Hiett in response to an OK Energy Today inquiry regarding a recent filing by Public Service Company of Oklahoma seeking a deferred …
Former regulator charges renewable energy projects face stricter rules than oil and gas in Oklahoma
Days after he testified before an Oklahoma Senate Energy Committee and spoke of the benefits of renewable energy projects in the state, former Corporation Commissioner Jim Roth said it’s time to balance property rights and energy policy. He made his declaration to Scott Mitchell on Hot Seat and further claimed that renewable projects in …