As Oklahoma’s oil and gas rig activity increased by one in the past week, the national numbers declined, according to the Baker Hughes Co. rig count released on Friday. Baker Hughes showed a one-rig increase as Oklahoma recorded 42 active rigs. A year ago, the state had 64 operating rigs at this time. …
A name change for Oklahoma City’s Will Rogers World Airport? It might occur as the Airport Trust recently decided to consider such a move after it took a survey of nearly 6,000 people about the airport. The survey was launched last October. At the time, Tracey Hamm, a representative for the trust indicated a …
** U.S. natural gas producers are slashing spending and reducing drilling activity following a sharp decline in prices, companies said this week during earnings presentations and analyst calls. ** House Judiciary Chair Jim Jordan, R-Ohio, cheered the news that multiple major U.S. banks and financial institutions are leaving a $68 trillion climate alliance founded at the …
Texas, not Oklahoma, was the latest state to be shaken by a significant earthquake. It was early Saturday morning when a 4.7 magnitude quake rattled San Antonio around 12:30. The depth, according to the U.S. Geological Society was 4.2 miles and the epicenter was about 1.5 miles southeast of Falls City, located 60 …
Nearly four months after Oklahoma Attorney General Gentner Drummond issued a “put up or shut up” demand of Corporation Commissioner Bob Anthony over his fraud claims regarding the issuance of bonds to cover the 2021 winter storm prices, Anthony stepped forward with another piece of evidence to back up his charges. The Commissioner revealed …
New Mexico Gov. Michelle Lujan Grisham, who flew to Dubai for the COP28 Climate Summit and made an extravagent announcement of a $500 million plan to buy treated drilling wastewater, just saw her idea go up in smoke. She was the lone Governor to join the stage aat the conference some months ago but …
All five Oklahoma U.S. House members sided with the majority in voting to strip President Biden’s authority to permit natural gas export projects—a slap in the face to his freeze issued last month of permits to send more LNG shipments to Europe. The House vote was 224-200 and Oklahoma U.S. Reps. Stephanie Bice, Josh …
BlackRock, the investment firm banned from doing state business in Oklahoma because of its ESG policies and alleged discrimination against oil and gas, is backing off its previous heavy commitment to an international climate change coalition. The coalition, known as Climate Action 100+ or CA100+ had promoted stronger action on climate change. But this …
The Exxon Mobil technologists working on a lithium project in Arkansas’s Smackover formation have a decision to make by the end of the year—which lithium filtration technology to use as the company hopes to become a top producer of the material needed for electric vehicle batteries. Patrick Howarth, head of Exxon’s lithium business recently …
Not only did crude oil prices rebound more than 1% on Thursday, but nearly every Oklahoma energy stock gained too and 5% and 6% jumps were common. The reason for the oil jump was U.S. retail data prompted a sell-off in the dollar. Plus, investors took stock in the International Energy Agency forecast that there …