The nation’s oil rig count slipped below 500 in the past week, according to figures released Friday by Baker Hughes Co. The count fell by 2, leaving 499 rigs actively drilling for oil. Overall, the nation’s oil and gas rig count dropped by 2 to 619, including the decline by one of gas rigs, …
Claiming its plan would have a “marginal” affect on oil and gas production, the EPA on Friday released a proposed new fee on methane emissions from the oil and gas industry—-fees the agency contends will force production companies to move faster to reduce leaks of the greenhouse gas. What does it involve? As much …
The response by U.S. and British warships and planes to the Houthi attacks on tankers in the Red Sea sent crude oil prices rising on Friday. Dozens of air strikes across Yemen were carried out late Thursday after the Houthi forces seemingly had gone untouched with dozens of attacks on ships passing through the sea. …
In a statement on Friday, Oklahoma Corporation Commissioner Bob Anthony suggested this weekend’s extreme cold weather reminds him of what happened 3 years ago when Oklahoma experienced historic high natural gas prices. He urged consumers to watch for the “price” more than “supply.” A quick timeline of 2021: Citing “increasingly tightening conditions in the Southwest …
Denver’s Allied Resource Partners, a five year old energy firm, announced a significant expansion of its oil and gas portfolio with the recent acquisition of 23 continuous sections of oil leases in Gove County, Kansas. The county is in the northwestern part of the state and Quinter is its largest city. Allied Resource leadership …
A correction to our recent story that suggested the Southwest Power Pool intended to study the issue of Right of First Refusal. Instead, the SPP in a statement said it does not intend to review the controversial process and is merely evaluating competitive transmission project proposals in response to FERC Order 1000.
Two major Oklahoma City oil and gas firms, Devon Energy and Continental Resources, are part of a $25 million effort to develop new technologies in getting production from wells difficult to pump out in Wyoming. They are among several energy firms that partnered with the University of Wyoming to research and perhaps develop enhanced …
Oklahoma City drivers are being asked to report potholes on this National Pothole Day. All they have to do is report a pothole problem to the OKC Action Center. Reporting potholes in OKC is fast and easy: Log on to okc.gov/action Email action.center@okc.gov Text (405) 252-1053 Call the Action Center at (405) 297-2535 Crews …
Oklahoma Corporation Commissioners meet this week to handle a number of permanent rulemaking changes. At least 8 such proposed changes are on the agenda for Thursday’s meeting that will begin at 1:30 p.m. Some concern fuel inspection while others focus on underground storage tanks, aboveground storage tanks, indemnity fund and Corrective Action of Petroleum …
The name Big Elk translates to Opahtunkah in the Osage language. It stands for strength, courage and leadership – traits that Osage Chief Big Elk himself demonstrated, said Geoff Hager, great-great-great grandson of the former Osage leader. Hager is the owner of Tulsa-based Big Elk Energy Systems, named for his ancestor. Big Elk was …