Oklahoma Rig Count Declines But Cana Woodford Holds Strong When Oklahoma experienced a recent loss of 2 oil and gas rigs, leaving 44 active rigs statewide based on the latest Baker Hughes Rig Count, it still did not affect the state’s most active play. Cana Woodford Remains Oklahoma’s Top Drilling Play The Cana Woodford continued …
Permian Basin Earthquakes Increase as Oil Activity Expands New Mexico scientists studying the Permian Basin and the growing number of earthquakes in the oil and gas region say there has been a significant increase in seismic activity, although most quakes remain small in size. Earthquake Activity Surges Since 2018 The increase in quakes started in …
Middle East Tensions Threaten Global Oil Supply Donald Trump Iran oil Kharg Island: President Donald Trump says the U.S. could “take the oil in Iran” and potentially seize Kharg Island, the country’s key oil export hub, as tensions escalate. Officials say troops are preparing for possible ground operations, although Trump added a peace deal could …
PSO Seeks $3.2B Financing for Oklahoma Energy Projects Public Service Company of Oklahoma (PSO) is asking the Oklahoma Corporation Commission for approval to raise up to $3.2 billion to help fund major energy expansion projects currently underway across the state. Utility Plans Major Debt Offering In a filing with regulators, PSO requested authority to enter …
State Rep. Tom Gann, the Republican legislator who has led constitutional challenges of the Oklahoma Corporation Commission’s approval of utility rate cases, has filed his ninth such appeal with the State Supreme Court. It was a challenge of a Public Service Company of Oklahoma case. In a March 26 filing, Gann challenged the recent approval …
** Israel said it attacked a one-of-a-kind uranium processing plant in Iran in its latest wave of air strikes. The IDF also hit a heavy water reactor, which they described as “key infrastructure for producing plutonium for nuclear weapons”. ** Governments moved again this week to release and build oil reserves as the supply shock from the …
The nation’s oil and gas rig total dropped by 9 in the past week while Oklahoma experienced a decline of 2 rigs, based on the latest Baker Hughes rig count released on Friday. The company said the U.S. total fell to 543 with a loss of 5 oil rigs, leaving 409 active across the nation’s …
As fighting raged Friday, hopes for a peace deal between the U.S. and Iran faded and crude oil prices jumped nearly 6% on the day. While President Trump offered another ten days for Iran to reach a peace deal, Iran on Friday claimed Israel hit some of its steel factories, a power plant and nuclear …
https://www.news9.com/national-politics-oklahoma/alan-armstrong-us-senator-focus-energy-permitting-reform In the latest Mitchell talks energy with Jerry Bohnen, they take a deep dive into energy permitting, U.S. Sen. Alan Armstrong and Gov. Kevin Stitt. Armstrong hopes to have a persuasive role in the U.S. Senate in attempting to accomplish energy reforms, not just for oil and gas but for all energy sources. “It’s …
Groundbreaking for the $1 billion new Continental Coliseum in Oklahoma City that will eventually be the new home for the Oklahoma City Thunder and will bear the name of one of the state’s prominent oil and gas companies was held Thursday morning. It was at the site of the former Cox Convention center which …
