Oklahoma Rig Count Holds Steady Oklahoma’s oil and gas rig count was unchanged this week, according to the latest Baker Hughes Rig Count. The state continues to record 42 active rigs in operation. The Cana Woodford play remains the busiest area of drilling in the state, reporting 18 active rigs. The Granite Wash, which extends …
Oklahoma Energy Secretary Jeff Starling announced his candidacy a few months ago for State Attorney General. He wants to succeed Attorney General Gentner Drummond who is making a full-force run to become Governor. Drummond, a Republican, has been an outspoken critic of green energy plans that were emphasized by the Biden administration. He …
Empire Petroleum Secures $4 Million Financing Deal Empire Petroleum Corporation has entered into a new $4 million promissory note agreement with investor Phil E. Mulacek, according to the company’s latest SEC filing. The financing is aimed at supporting the company’s oil and gas drilling program and boosting working capital. Details of the Promissory Note from …
Lawmakers Take Up Wind and Solar Setbacks Wind farm and solar farm setbacks, a hot topic during Oklahoma’s last legislative session, will take center stage Monday at the state Capitol. Lawmakers will hold a joint interim study to review concerns about health, safety, land use, and the broader impacts of renewable energy development. Reps. Nick …
While the number of oil and gas rigs in Oklahoma held steady over the past week, the U.S. total jumped upward by 7 rigs, reaching a total of 549. The Baker Hughes Rig Count, released Friday, reported Oklahoma was unchanged this week with 42 active rigs. Nationally, the gain of 7 rigs included …
A U.S. Circuit Court of Appeals in New Orleans upheld an EPA ruling against Texas in a legal fight in which Texas denied its emissions significantly contributed to ozone pollution in downwind states. The fight started in 2012 when Texas submitted what is known as a State Implementation Plan with the Environmental …
New Mexico state leaders are calling it a major win for the state—–chosen by a California-based nuclear fusion energy company to build a $1 billion research and manufacturing campus. Pacific Fusion announced it chose Albuquerque’s Mesa del Sol as the site for the facility. The firm narrowed down the choice as Albuquerquer was …
(Fermi America™ and Siemens Energy teams at the signing ceremony in New York City. Pictured from left to right: Ross Berger, Larry Kellerman, Richard Reisig, Gianluigi DiGiovanni, Luke Baker, Toby Neugebauer, Andreas Pistauer, Harrison Kulick, and Nate Neugebauer.) Fermi America, in partnership with the Texas Tech University System, is announcing two landmark letters …
Ukrainian drone attacks on Russian oil refineries produced a gain in crude oil prices on Friday. The attacks resulted in a cut in Russia’s fuel exports. Brent crude, the global benchmark, rose 71 cents or 1.02% to settle at $70.13 a barrel. West Texas Intermediate, the benchmark in the U.S. finished up …
Committee assignments in the Oklahoma House were announced by Speaker-Elect Kyle Hilbert. The heads of the various committees were included in the announcement for the second session of the 60th legislative following some changes in House membership. The appointments are of those members who will have a great deal of influence on energy related …