The weekly rig report released by Baker Hughes shows an increase nationally while the count in Oklahoma remained steady at 44. Oklahoma’s count was unchanged from a week ago and also from the previous week, based on numbers offered by Baker Hughes. Nationally, numbers increased by 7 to 563 oil and gas rigs which …
Headlines of other energy stories
** The Build Back Better bill passed Friday in the House could expand tax credits on some EV models to up to $12,500 and make it easier for more people to qualify. ** The surging cost of gasoline and home-heating fuel is a political problem in itself. Energy is 7% of the typical family’s budget, and …
Colorado natural gas producer honored by UN
A U-N-related climate organization has honored the 7-year old Denver-based Jonah Energy company for its plans to reduce methane emissions. It was the first U.S. company to receive the honor from the International Methane Emissions Observatory reported the Denver Business Journal. Click here for Denver Business Journal.
King ranch family member running for Texas land commission
A member of the family that owned the King Ranch in South Texas has declared his candidacy for state land commissioner. Jay Kleberg, a conservationist and filmmaker says he intends to fight climate change and preserve the state’s 13 million acres of public land reports the Corpus Christi Caller Times. Click here for Corpus …
FERC blames natural gas sector in February power outages
Federal energy regulators were blunt in their blame of the February deadly winter freeze and the power crisis it caused in Texas—the natural gas sector. The Federal Energy Regulatory Commission says blame rests all the way up the natural gas chain from producers at wellheads up to gas-fired electrical power plants. The Federal Energy …
Oil prices rebounded but OK energy stocks lost in Thursday’s trading
After hitting their lowest levels in nearly 6 weeks, crude oil prices on Thursday rebounded in the U.S. and globally. But it wasn’t enough to help Oklahoma energy stocks as several experienced losses for the day, including one with a 16% drop in share prices. West Texas Intermediate crude for December delivery managed a …
Mammoth Energy announces multi year EV charging station engineering contract
Mammoth Energy Services, Inc. announced that one of its subsidiaries has been awarded a multi-million dollar contract by a major utility to provide engineering services for the building of Electric Vehicle charging station infrastructure. The contract was won by Mammoth’s wholly owned subsidiary, Aquawolf LLC , a Denver-headquartered provider of infrastructure engineering services. The name of …
Enverus reports rig count is down in US
The number of oil and gas rigs running in the U.S. fell by nine in the last week to a total of 653 as of Nov. 17, according to Enverus Rig Analytics. At the same time, the weekly report showed a slight uptick in drilling activity in Oklahoma’s Anadarko Basin. Enverus stated there was …
Manufacturing slowdown in Oklahoma and nearby states
Manufacturing in Oklahoma and other states making up the Tenth District of the Federal Reserve Bank of Kansas City slowed in recent weeks as managers complained of shortages of supplies and workers and of COVID-19 vaccination mandates. The November Manufacturing Survey was released Thursday. Despite the slowdown, Chad Wilkerson, vice president and economist at …
Delayed vote on Interior nominee who is opposed by GOP Senators
Oklahoma Sen. James Lankford and others on a Senate Committee will try a third time to hold a confirmation vote on another Biden nominee for the Interior Department. A vote had been scheduled this week for Laura Daniel-Davis in the Senate Energy and Natural Resources but the vote was rescheduled because a senator needed …
