The EPA wrapped up its cleanup work in the past week at the site of a 2,500 barrel oil spill into creeks at Smackover in Arkansas. The June 15 oil spill came from an 8-inch transfer pipeline and flowed into the Homes and Smackover creeks. The Martin Operating Partner Facility operated the lilne and …
Will the oil and gas industry under Trump really “drill baby drill”?
In accepting the Republican Presidential nomination Thursday night, former President Donald Trump vowed that on his first day returning to the White House, he will do away with the Biden administration’s EV mandate. He further said his administration will have an energy campaign of “Drill Baby, Drill.” But some oil and gas leaders across …
2Q earnings report from Southwestern Energy coming Aug.1
While waiting for final FTC approval of its merger with Chesapeake Energy, Southwestern Energy plans a second quarter release of its earnings report on August 1. Investors await news whether the firm’s $4 billion debt grew in the past quarter. The company does not intend to hold a cconference call or webcast to discuss …
Climate deniers in Congress include Oklahomans
Oklahoma U.S. Sen. Markwayne Mullin might consider it a “badge of Honor,” that he is cited by one group as among the 123 elected officials in Congress who are called “climate deniers.” Others might call it a mark against him. The Center for American Progress classified the Republican Senator among those who don’t support …
Nation’s latest rig count holds steady but Oklahoma numbers fell
As the nation’s latest Baker Hughes report released on Friday showed a slight rebound in the number of active oil and gas rigs, it also revealed another drop in Oklahoma’s list of rigs still in the patch. Oklahoma’s count fell one in the past week, leaving 33 active rigs in the various plays. A …
Judge puts permanent freeze on Oklahoma’s anti-ESG Act
Oklahoma’s controversial anti-ESG law, formally called the Energy Discrimination Elimination Act, was permanently ordered on hold Friday by an Oklahoma County District Judge. Judge Sheila Stinson, upon hearing arguments for nearly one hour issued her permanent injunction against enforcement of the Act by State Treasurer Todd Russ. Attorneys representing the Attorney General Gentner …
Energy briefs
** Debris from a broken offshore wind turbine has for days been washing up on the Nantucket shore, prompting beach closures and frustrating locals at the peak of the summer season. The massive turbine blade – as long as a football field – was part of the Vineyard Wind farm off the coast of Massachusetts and its islands, Martha’s Vineyard …
Conservative group says campaign contribution should force Judge to recuse herself in anti-ESG lawsuit
A Washington, D.C.-based conservative group, the American Accountability Foundation, is raising a conflict of interest allegation against the Oklahoma County Judge set to hear Friday arguments in the lawsuit challenging Oklahoma’s anti-ESG Act. The Foundation’s President Thomas Jones released a statement late Thursday saying attorney Collin Walke, who represents the state retiree who filed suit …
Weak performance but steady for crude oil prices while OK energy stocks suffered Thursday
The fact that crude oil prices on Thursday managed only weak gains might have prompted the big losses suffered by most Oklahoma energy stocks as some firms saw declines of 11%. Analysts described the national and international oil trading as “steadied” as investors and buyers couldn’t come to solid grips with signals about crude oil …
Air quality concerns lead to Ozone Alert for OKC and Tulsa
An ozone alert has been issued for the Oklahoma City and Tulsa metro areas on Friday. It’s the result of rising concerns by health and environmental officials about the quality of air combined with anticipated higher temperatures. The Oklahoma Department of Environmental Quality warned that concentrations of ozone will likely climb to levels of …
