Thursday , May 16 2024

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 …

Read More »

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 …

Read More »

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 …

Read More »

State regulators deal with staff shortage

  The Christmas Holiday had an obvious affect on Oklahoma regulators this week as their Thursday morning meeting was nearly 20 minutes late before getting underway. The 9:30 a.m. scheduled meeting finally began at 9:48 a.m. and Chairwoman Dana Murphy immediately apologized, explaining different offices in the agency were short …

Read More »

National rig count is steady reported Enverus

  A weekly report on rig activity by Enverus showed only a gain of one rig in the U.S. compared to the previous week. It also indicated a decline of two rigs in the Anadarko Basin while the Permian Basin gained two rigs. The total U.S. count reached 872 during …

Read More »

Oil and gas activity remains positive in Texas despite slowdown

  A new Dallas Fed Energy Survey claims oil and gas activity still grew in the fourth quarter 2022 but also showed a slowdown from previous months. The survey by the Eleventh District of the Federal Reserve Bank of Dallas was based on the response of oil and gas executives. …

Read More »

Completion reports for December 28, 2022

BLAINE COUNTY Devon Energy Production Co Lp All Zones Producing: Oil 1085 Gas 4758 Water 1432 Flow 27 15N 10W Dakota Carol 27_34-15n-10w 5hx, October 23, 2022 HH, OIL, TD: 21529 ft Lat: 35.75321, Long: -98.24948 API: 35011242940000 Devon Energy Production Co Lp All Zones Producing: Oil 791 Gas 4564 Water 1669 Flow 27 15N 10W Dakota Carol 27_34-15n-10w 3hx, October …

Read More »

Bice calls for restoration of U.S. energy independence

Reflecting on her second year in the U.S. House, Rep. Stephanie Bice said it’s not only a time to halt what she called the “reckless agenda of House Democrats,” but also a time to restore American energy independence. In a note to her constituents, the Republican Congresswoman called the restoration …

Read More »

Headlines of more stories

** Vandalism at four power substations in the western US state of Washington over the weekend added to concerns of a possible nationwide campaign by right-wing extremists to stir fears and spark civil conflict. ** Wholesale power prices surged more than 6,000% in parts of the country during the worst …

Read More »