Wednesday , May 15 2024

Lucas to be front and center in anti-ESG fight in Congress

  Rep. Frank Lucas will likely be among Republican leaders of a House committee who will be part of an anticipated anti-ESG backlash in Congress—a targeting of Wall Street and corporate America for paying too much attention to environmental concerns and not enough to making money. He sits on the …

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Feds want to know more about power outages during December “bomb cyclone”

  The “bomb cyclone” that hit Oklahoma and the rest of the U.S., knocking out power to an estimated 1.6 million customers of utilities drew the interest of federal regulators. The Federal Energy Regulatory Commission and the North American electric Reliability Corp. are starting a joint investigation of what went …

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Continental Resources makes final public filing

Continental Resources wrapped up its final public move since founder Harold Hamm acquired outstanding stock and returned the Oklahoma City company to private control in November 2022. The firm made a 15-12G filing on Tuesday with the Securities and Exchange Commission. The filing was a certification of termination of registration …

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Completion reports for December 29, 2022

CADDO COUNTY Kirkpatrick Oil Company Inc Marchand(10166): Oil 20 Water 13 Pump 32 9N 9W Tate 2-32, October 14, 2022 SH, OIL, TD: 10625 ft Lat: 35.21193, Long: -98.16642 API: 35015233270000 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9719): Oil 380 Gas 1582 Water 478 Flow 33 11N 6W Wheelock 1106 33-1mh, October 14, 2022 HH, OIL, TD: 14649 ft Lat: …

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Oklahoma legislators prepare for 2023 session

Organizational day for Oklahoma legislators, the ones who will handle important energy issues in the state, will be Tuesday, January 3. The 59th Oklahoma legislature will take the steps to prepare for the first day of session set for Monday, Feb. 6. Beginning at noon, the House will take constitutionally-required …

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OK energy stocks made gains while crude oil prices dropped

  While crude oil prices took a tumble in Thursday’s trading, Oklahoma energy stocks recorded gains for the day. Crude oil prices dropped because of the surge in COVID cases in China, something that resulted in growing fears of a global economic downturn. West Texas Intermediate crude for delivery in …

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Crude oil in storage at Cushing hub remains steady

  Crude oil in storage at the Cushing hub in northern Oklahoma held steady in the past week. The U.S. Energy Information Administration reported a total of 25 million barrels of oil were stored at the Cushing hub as of Dec. 23, 2022, the latest reporting period. It was down …

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