Rig counts in Oklahoma and US bounced back in past week

(REUTERS/Nick Oxford/File Photo)   Oklahoma gained back an oil and gas drilling unit in the past week to record a total of 41 active rigs, according to the latest Baker Hughes Co. rig count released on Friday. The 41 compared to 37 rigs reported a year earlier.  It also helped increase the nation’s rig count …

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Ovintiv Inc. to release 3Q earnings in early November

    Investors in Denver-based Ovintiv Inc. will learn early next month whether the company topped the $340 million in net earnings it recorded in the previous quarter. The energy firm plans to release the report after the close of the market on Thursday, Nov. 7 and follow it with a conference call the next …

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Federal Bank survey shows fall in energy activity in Oklahoma and others that make up the Tenth District

  It’s not the kind of news the oil and gas industry wants to read, but the Federal Reserve Bank of Kansas City released the third quarter Energy Survey showing a decline in energy activity in the Tenth District that includes Oklahoma. “District drilling and business activity posted a decline for the seventh consecutive quarter …

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Kiamichi River power project denies ties to Red China

    In a recent interview, the man behind the controversial proposed hydro-electric project on the Kiamichi River in southeast Oklahoma claimed electricity would be produced for Oklahoma and Texas electrical grids. He also denied any ties to the Chinese government. Click below for News on 6’s Tess Maune report. Oklahoma’s Own In Focus: Plans …

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Energy briefs

** Hurricane Helene flooding could push Appalachia utilities to rethink the region’s power grid, described by one official as a “really far-flung set of distribution lines going up into the hills and serving different communities.” ** Vice President Kamala Harris criticizes Donald Trump for attacking the federal response to Hurricanes Helene and Milton, suggesting he’s trying …

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Drought impact grows across Oklahoma

Yes, cooler weather is in next week’s forecast, but the heat of the past few weeks only added to Oklahoma’s expanding drought. Oklahoma Climatologist Gary McManus with the Oklahoma Mesonet recently wrote that conditions “are increasingly bad.” “It’s not a hurricane, and our hearts go out to those suffering in the Southeast, but we are …

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New Mexico’s governor wants to take educational advantage of oil and gas money

  New Mexico Gov. Michelle Lujan Grisham has been critical of her state’s oil and gas industry at times, but not when she was part of a panel at the New Mexico Oil and Gas Association’s recent annual meeting. Instead, she used the occasion to stress the importance of educational development in New Mexico, something …

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Rep. Lucas says more must be done to end sexual harassment at science center in Antarctic

    Oklahoma Congressman Frank Lucas isn’t ready to walk away from the sexual harassment claims made by women who work at the National Science Foundation’s Antarctic science center. As chairman of the House Science, Space and Technology Committee, he was joined by Ranking member Zoe Lofgren in making changes recommended to Dr. Sethuraman Panchanathan, …

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Hundreds of rural Creek County homes to get rural broadband service

A $1.9 million high-speed internet expansion project was officially launched recently in rural Creek County northwest of Sapulpa by the Oklahoma Broadband Office (OBO) and FiberLink. The project, funded through a $1.45 million federal grant administered by the OBO coupled with $485,000 in matching funds from FiberLink, will connect 458 homes and businesses with broadband …

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What if Israel attacks Iran’s oil industry? Peter Zeihan’s take

  Global geopolitical observer Peter Zeihan has a take on what might happen should Israel attack Iran’s oil sector in retaliation to Iran’s missile attack. He suggests that since Iran’s oil exports hover around 1 million barrels a day, should Iraq attack, it would likely mean a $10-15 increase per barrel. “Not a global catastrophe, …

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