California isn’t the only state with extensive plans to force consumers to choose electric vehicles, all in the name of clean air and the elimination of fossil fuels. New Mexico Gov. Michelle Lujan Grisham, whose state is home to part of the oil rich Permian Basin, announced a new plan to require vehicle makers …
Nine Energy investors wait to see if there will be a rebound from 1Q earnings
Nine Energy Service, Inc. plans to release its second quarter 2023 earnings report on Friday, August 4. A conference call will be held at 9 a.m. following the release of the financial and operating results for the Houston company that carries out operations in Oklahoma’s STACK and SCOOP plays. Nine Energy reported first quarter …
ODOT’s EV charging network plan advances
Oklahoma is a step closer to receiving millions of dollars to create an electric vehicle charging network in the state. The Oklahoma Department of Transportation completed its first update of Oklahoma’s Electric Infrastructure Deployment Plan as part of the National Electric Vehicle Infrastructure (NEVI) Formula Program through the Infrastructure Investment and Jobs Act (IIJA). …
Hail destruction and green energy going haywire
The people behind the website, Committee to Unleash Prosperity, are admittedly critical of the Biden administration’s love affair with renewable energy, the subject of climate change and pouring countless billions of dollars into them. Committee founder, Stephen Moore had a critical take on the recent story we reported concerning baseball sized hail and what …
Helmerich and Payne adds new director
An appointment of a new director to the Board of Directors at Helmerich & Payne, Inc. expanded the controlling board to 11 members. Elizabeth Killinger is the current Executive Vice President, NRG Home, a division of NRG Energy, Inc., which provides residential power and gas services to millions of customers through multiple brands and …
Vital and NOG wrap up Permian Basin acquisition
Vital Energy’s joint acquisition of oil and gas properties in the Permian Basin with Northern Oil and Gas has been finalized. The $540 million deal, announced in May, includes assets in the Delaware Basin of the larger Permian Basin region that includes parts of West Texas and southeast New Mexico. The Tulsa company joined …
Oklahoma regulators to meet Wednesday
Oklahoma Corporation Commissioners are scheduled to hold a special meeting Wednesday afternoon to consider a number of issues. During the 2 p.m. meeting, Commissioners will hold a discussion on recent Transportation Division activity for motor carrier enforcement, ports of entry and weigh stations. The commission’s 24-hour signing agenda includes a vote on the stipulation …
Energy secretary says carbon capture industry could grow in Oklahoma
Carbon capture. It’s something that Oklahoma Energy Secretary Ken McQueen believes has a future in Oklahoma, simply because of its natural geography. “Oklahoma has a lot of sedimentary rocks in the Anadarko basin,” he recently told Scott Mitchell as the two discussed energy’s future in Oklahoma. “There’s a lot of places to look in …
Oil and gas rig numbers fall even more in Oklahoma and the U.S.
Another week—another drop in the number of active oil and gas rigs across the U.S. and in Oklahoma. Yes, that means more rigs were taken out of drilling action. So were the rig crews. The nation’s count, according to Baker Hughes Co. and its latest numbers provided late last week, fell by 8, leaving …
Talking energy with Scott Mitchell and Jerry Bohnen
On this week’s MitchellTalks Energy w/Jerry Bohnen we discuss Oklahoma energy companies in the news, including the ongoing drama surrounding EV vehicle manufacturer Canoo. Plus the electrical outage from summer storms was exacerbated by top state officials not having a succession plan. We’ll delve into history to demonstrate that it’s not the first time controversy …