OK Energy News

Crude oil prices and Oklahoma energy stocks finished down after Wednesday’s trading. Crude dropped largely because of pressure by low economic activity in China and a surprise build in U.S. crude inventories. West Texas Intermediate finished down $1.97 or 2.5% to $75.85 per barrel on the New York Mercantile Exchange. …

  Oklahoma’s effort to plug abandoned or so-called “ophaned” wells will grow even more in 2024. Nearly 600 wells are under contract to be plugged this year with the assistance of federal funds. Plugging orders have been issued for nearly 1,900 other abandoned wells. However, according to a report by …

  Oklahoma’s Pontotoc County will be the site of a Connecticut-headquartered company’s first wind farm to be built in the state. Avangrid, Inc., a sustainable energy company and part of the Iberdrola Group announced plans to build a 33-turbine or 147.5 MW wind farm in the County, thereby expanding its …

    Despite the intentions of President Biden to kill the oil and gas industry, a new report shows Texas had not only increased production of oil but had record production. The Texas Oil and Gas Association said it shows there are no signs indicating a waning of oil production, …

    Crude oil prices finished up as did Oklahoma energy stocks with one firm recording a 12% gain for the day’s trading. Prices of crude went up because of the growing tensions and worries about the U.S. response to the deaths of three American soldiers killed in Jordan. US …

  A close call for passengers on board Amtrak’s California Zephyr as it rolled along in northern Colorado Monday night. The train, filled with 69 passengers, hit a milk truck that was on the tracks about 35 miles northeast of Denver near the town of Keenesburg and some of the …

(KOCO TV)   An auto collision center was destroyed by fire early Tuesday morning along I-35 in Oklahoma City but not before it posed a potential disaster for firefighters. Nearly 300 gallons of fuel stored inside the structure on I-35 Service Road near Southeast 59th Street prevented firefighters from entering …

  The Washington Post joined Oklahoma’s congressional delegation in heaping criticism on President Biden for his decision last week to delay major natural gas projects that would lead to LNG shipments to European countries. “It’s an election-year sop to climate activists that will do much more to unsettle vital U.S. …

    The Bureau of Land Management carried out a move last month in New Mexico that left conservationists and environmentalists puzzled. The BLM abandoned work on a resource management plan in northwestern New Mexico’s historic Chaco region. The agency indicated that work on an update to the district’s Resource …

    Williams Cos. in Tulsa is continuing its historic run of dividends paid to shareholders since 1974. The company’s board of directors announced this week it approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company’s common stock, payable on March 25, 2024, to holders …