AAA is marking National Drive Electric Week (Sept. 23-Oct. 2) by making it easier for those who ‘drive electric’ to have confidence in their car batteries. Given that ‘range anxiety’ continues to be a concern for those who own or would like to own a fully electric vehicle, AAA Club Alliance (ACA), has partnered with Recurrent to ease such concerns. AAA Oklahoma is …
Oklahoma makes a gain in oil and gas rig numbers
Oklahoma saw a gain of one to reach 65 active oil and gas rigs in the past week according to the most recent rig report from Baker Hughes Co. A year ago, there were 39 oil and gas rigs reported in the state. Nationally, numbers increased by one to a total of 764. The …
Anadarko Basin’s rig activity is growing
The latest Enverus Foundations rig report not only showed a nationwide increase in rig activity but also indicated the Anadarko Basin continues seeing growth. In Appalachia, the rig count rose by four in the last week to 61, while increases also occurred in the Permian (by two to 321), Anadarko Basin (by one to …
Pipelines reach settlement over 2015 oil spill
Two major pipeline companies blamed for a 2015 crude oil pipeline break off the coast of California agreed this week to a $230 million lawsuit settlement that was also approved by a judge. The spill involved more than 140,000 gallons of crude oil into the ocean. A lawsuit blamed All American Pipeline, L.P. and …
North Dakota oil producers complain of shortage of trained workers
What’s holding back crude oil production in North Dakota? Simple answer according to oil and gas industry leaders who gathered recently for the North Dakota Petroleum Council annual meeting in Watford City. “A shortage of trained workers,” sited the leaders. State Mineral Resources Director Lynn Helms estimates the state has seven to 10 drilling …
Oklahoma manufacturing continues downward slide reports Federal Reserve Bank
The Kansas City Federal Reserve Bank reports that manufacturing in the Tenth District that includes Oklahoma is still on a downward slide. Chad Wilkerson, vice president and economist at the bank said it’s the findings of a recent survey. “Regional factory activity was sluggish overall in September,” said Wilkerson. “However, firms continued to add …
Devon’s STACK project proved successful
Devon Energy recently completed a four-well pad project in Oklahoma’s STACK with combined crude oil production of nearly 1,200 barrels a day. The Canadian County project, located at 5 14N 9W, a site 12 miles west of Okarche had completions in July of this year with combined production of 1,167 barrels of oil a …
Carl Icahn says the recession denied by Biden is coming
Carl Icahn, the investor who owns SandRidge Energy and most of CVR Energy in Oklahoma came out with a dire warning for investors this week, predicting a recession is likely on its way in this country. “The worst is yet to come,” he told Marketwatch at the Best New ideas in Money Festival …
Oklahoma energy stocks felt the pain of tumbling crude oil prices
What will oil prices do to start the week? Anything might be better than the 5% plunge on Friday where crude price dropped to an 8-month low and left Oklahoma energy stocks reeling. It came as the U.S. dollar hit its strongest level in more than two decades and growing fears that increasing interest …
Other energy headlines
** Stephen Chazen, an industry veteran whose career included leading Occidental Petroleum Corp. and the founding of an independent Texas oil and gas producer, died on Sept. 23 at the age of 76. ** California is committing to a plan that will make it the first US state to phase out gas-fueled furnaces and water heaters …
