Oklahoma Gas and Electric Company (OG&E) line crews went head-to-head in the 34th annual Linemen’s Expo, an annual companywide friendly competition showcasing its line workers’ skills and stamina. Families and colleagues were among the spectators cheering on the line crews who tirelessly help contribute directly to a healthy power grid, ensuring our customers receive …
Nuclear power to be considered for Denver International Airport
The Denver International Airport wants to study whether nuclear power could be used to provide energy for the 34,000 acre operation. Officials at DIA announced this week they are soliciting a study on such a feasibility in an effort to make the giant air operation energy independent. “We will need a sustainable power …
Largest data center in the world to be built in Utah
Utah could become home to what is billed as the world’s largest data center. Earlier this summer, Millard County Commissioners unanimously voted to rezone nearly 1,100 acres for the data center proposed by a company named Fibernet MercuryDelta, LCC, a firm created just three years ago. The commissioners who supported the rezoning and …
Energy briefs
** The Department of the Interior is launching a full review of offshore wind energy regulations to ensure alignment with the Outer Continental Shelf Lands Act and America’s energy priorities under President Donald J. Trump. ** Private equity firm Blackstone has agreed to acquire Enverus, an energy data and analytics provider. Blackstone is acquiring Enverus from owners …
Ascent Resources went from a first quarter loss to big gains in 2Q
From a net loss of $362 million in the first quarter to net income of $467 million in the second quarter—it’s what Ascent Resources Utica Holdings, LLC reported in its second quarter 2025 operating and financial results. The Oklahoma City company, one of the largest private producers of natural gas in the United States …
Despite growing losses, Vital Energy maintained cash flow in its 2Q
Vital Energy, Inc. reported second-quarter 2025 financial and operating results showing the company suffered an even larger net loss than it did in the first quarter. But the firm still recorded a significant cash flow from operating activites. The Tulsa-based firm had a $582.6 million net loss and adjusted net income of $76.1 million along with …
ONE Gas net income dipped in 2Q
ONE Gas experienced a drop of millions in its second quarter net income, according to the Tulsa-based company’s second quarter financial results released this week. Second quarter 2025 net income for the firm that owns Oklahoma Natural Gas Company, Kansas Gas Service and Texas Gas Service, totaled $32 million or $0.53 per diluted …
Mitchell talks energy with Jerry Bohnen….more attention on the demand for natural gas
It’s a “supply and demand” podcast on Mitchell talks energy with Jerry Bohnen. This week’s guest? Natural gas.
Crude oil prices slid Wednesday for a fifth straight day of trading
Wednesday’s trading brought a 1% slide in crude oil prices as they reached an eight-week low. The President’s comments about talks to persuade Russia to end its war with Ukraine created more uncertainty with investors whether he might move forward with new sanctions on Putin. Reuters reported those moves marked a fifth consecutive …
Devon Energy nearly doubled net earnings in 2Q and expands natural gas efforts
Devon Energy reported second quarter earnings of $899 million or $1.41 per share and $536 million of core earnings, or $0.84 per share that were nearly double of what was reported in the first quarter when it totaled $494 million or $0.77 per share. With 21 operating rigs and 6 completion well units, the …