Oklahoma saw a gain of one rig in the past week, according to the latest oil and gas rig count provided by Baker Hughes Co. Despite frigid winter weather in the state, the number moved up to a total of 44 oil and gas drilling rigs in the various energy plays. A year ago, …
The Senate Judiciary Committee has approved legislation to ensure greater oversight of high-voltage electric transmission projects in Oklahoma. Senate Bill 352, authored by Sen. Todd Gollihare, would require electric transmission facilities to obtain a certificate of authority from the Oklahoma Corporation Commission before exercising eminent domain to construct or expand a transmission facility rated …
The annual legislative reception held by the Oklahoma Petroleum Alliance will be this week, giving legislators a chance to mingle and learn more about the state’s oil and gas industry from leaders and members of the organization. As announced by the Alliance, the event will be Feb. 19, Wednesday evening from 5 o’clock to …
** The Trump administration has approved a Texas port capable of shipping 1 million barrels of oil a day proposed by Sentinel Midstream LLC. The project, first proposed in 2019 and known as the Texas GulfLink Deepwater Port, had been awaiting a final authorization from the Transportation Department’s Maritime Administration. ** General Motors is closing a …
ConocoPhillips announced that it has received exemptive relief from the applicable Canadian securities regulatory authorities regarding future filing requirements. The company became a reporting issuer for Canadian securities law purposes by virtue of the acquisition of Marathon Oil Corporation in November 2024, which made it subject to Canadian continuous disclosure and other reporting obligations …
The claims of former Corporation Commissioner Jim Roth about Rep. Trey Caldwell’s HB2747 are being denied by the legislator from the southern Oklahoma town of Faxon. Roth called HB2747 a “ROFR” bill but in a response to OK Energy Today’s inquiries, Rep. Caldwell said it is not a “right of first refusal bill.” He …
Scott Mitchell talks energy with Jerry Bohnen and their newest topic…..another Supreme Court challenge of action by the Corporation Commission. The challenge was filed by Rep. Tom Gann who continues challenging Commissioner Todd Hiett’s continued votes on utility rate cases.
A week into his new job as Administrator of the Environmental Protection Agency and Lee Zeldin discovered what he contends was a scheme by the Biden administration to dump billions of dollars into a financial institution to be quickly handed out to green energy businesses. “This scheme was the first of its kind in EPA …
Mach Natural Resources LP announced that the board of directors of its general partner declared a quarterly cash distribution for the fourth quarter of 2024 of $0.50 per unit. The quarterly cash distribution is to be paid on March 13, 2025, to the Company’s unitholders of record as of the close of trading on …
Mammoth Energy in Oklahoma City has a new chief executive officer on board. Phil Lancaster took over his new role on Feb. 10 as the company’s Board of Directors approved a compensation for Lancaster in connection with his appointment as the Company’s Chief Executive Officer consisting of a base salary of $350,000 per year …