The number of oil and gas rigs active in Oklahoma remains steady at 37, according to the latest Rig Report from Baker Hughes Co. No growth was indicated and far from the 65 active rigs reported one year earlier. The state count compared to a slight growth of nationwide totals, which increased by 2 …
Earnings report coming soon from NGL Energy Partners
NGL Energy Partners, LP, the Tulsa company with a slightly different fiscal year calendar, plans the release of its second quarter earnings report in early November. Many other companies are releasing their third quarter earnings reports but this will be the second quarter report of the company’s 2024 fiscal year. NGL’s release will be …
Colorado town fights commercial solar project
Colorado, it seems, has this habit of openly preferring renewable energy sources and opposing oil and gas operations, yet no one wants the renewable sources to be located near them. The latest example is Norwood, a small town located northwest of Telluride in the southwest part of the state, where residents have taken an …
OKC asks for public help in rebranding Will Rogers World Airport image
The Oklahoma City Airport Trust is asking the public to weigh in on a rebranding effort for Will Rogers World Airport by taking an online survey. “Oklahoma City continues to grow, and Will Rogers World Airport is a dynamic part of the City’s infrastructure,” Director of Airports Jeff Mulder said. “The terminal expansion and …
Layoffs to hit GulfMark Energy operations in Oklahoma
The loss of a contract is leading to layoffs of nearly 30 workers at GulfMark Energy’s Oklahoma operations in Healdton, Chickasha and Hennessey. GulfMark notified the Oklahoma Office of Workforce Development that it intends to make the layoffs Nov. 10. The letter indicated 17 employees at the Healdton office along with 11 in Chickasha …
Mammoth Energy gets new financing
Mammoth Energy Services, Inc., announced that, on October 16, 2023, it entered into a new revolving credit facility agreement and a new term loan agreement, which refinanced, in full, Mammoth’s indebtedness outstanding under its previous revolving credit facility. The new five-year revolving credit facility with Fifth Third Bank, National Association (“Fifth Third”), provides for …
Officials in one Colorado County aren’t finished after creating oil and gas setbacks
Arapahoe County officials clarified their recent decision to create a setback of oil and gas drilling from reservoirs in the county near Denver, Colorado. Following almost four hours of public comment, the Arapahoe County Board of Commissioners Tuesday night voted 5-0 to approve several amendments to oil and gas facility regulations in the County’s …
Four men indicted for stealing from trucking companies
The Multi-County Grand Jury has indicted one Oklahoman and three men from Florida for operating skimming devices in central Oklahoma that fleeced trucking companies and gasoline consumers out of thousands of dollars. The grand jury issued indictments today against Reidel Valdes Montero, Jael Diaz-Morejon, Sergio Burrola Moreno and Jose Carlos Rizo. Moreno, who resides …
State House Committee to study Oklahoma aquifers
Rep. Carl Newton, R-Cherokee, will examine the historic use and impact of water consumption from Oklahoma’s underground aquifers. The interim study, IS23-011 is scheduled for 9 a.m. Tuesday, Oct. 24, in Room 206 at the State Capitol, 2300 N Lincoln Blvd. “I want to look at how much water we’ve consumed from our underground aquifers …
Crude oil managed another gain in Thursday’s trading
Crude oil prices managed a 1% gain on Thursday while Oklahoma energy stocks recorded losses, thanks to traders who are nervous over the deadly fighting and bombing in Israel and Gaza. West Texas Intermediate crude, considered the US benchmark, rose $1.05 cents or 1.2% to finish at $89.37 a barrel on the New York …





