Category: Oil & Gas

Hundreds of wells illegally operating in Oklahoma?

  A journalist who spent the past few years making public records requests of the Oklahoma Corporation Commission says he found a state-funded study revealed nearly 600 wells operating illegally in the state, but regulators did nothing about the problem. Writing for The Frontier and ProPublica’s Local Reporting Network, author Nick Bowlin the report entitled …

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Permian basin produced 44% of nation’s oil in December

EIA refines estimates for Permian tight oil and shale gas production A change in the way the U.S. measures oil and gas production in the Permian Basin, the most prolific shale area in the country, shows production was still incredibly rich and high. A new update from the U.S. Energy Information Administration showed the Basin …

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Energy briefs

** The United Arab Emirates’ daily oil output is down by more than half as the Iran ‌conflict and the effective closure of the Strait of Hormuz forced state ‌oil giant ADNOC to implement widespread production shut-ins, two sources told Reuters. ** Iran has asked India to release three tankers seized in February as part of …

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Crude oil slipped to just above $100 a barrel

  While President Trump called on nations that use the Strait of Hormuz for oil shipments to join in unblocking the stretch of water next to Iran, crude oil prices took a 3% drop in Monday’s trading. Some ships managed to make it through the dangerous narrow piece of water in the Persian Gulf. AlJazeera …

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Update on oil and gas drilling in Oklahoma

Anadarko Basin Drilling Remains Active Despite Slight Rig Decline Oklahoma’s oil and gas drilling in the Anadarko Basin remains active albeit a decline of one rig in the past week, according to the latest Baker Hughes Rig Count. The Cana Woodford is where one rig was removed from the drilling list, leaving 21 others still …

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Energy Briefs: Iran strikes, Venezuela deals, wind

Middle East energy infrastructure targeted in escalating conflict ** Iran hit more oil and fuel storage tanks in Dubai as it responded to the latest U.S. and Israeli attacks. One was near Dubai International Airport and a drone attack left an oil facility ablaze in the United Arab Emirates. Saudi Arabian oil installations were also …

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Empire Petroleum jumps on high oil prices for stronger hedging opportunities

Empire Petroleum Reports 2025 Loss but Expands Hedging and Gas Development Plans Empire Petroleum Company indicated it’s taking advantage of the high crude oil prices with increased hedging while at the same time making plans for natural gas production gains. At the same time, the Oklahoma energy company admitted it faced some challenges in 2025. …

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David says Congressional campaign won’t interfere in her Corporation Commission work

  After announcing she is running for Congress in the First District of the U.S. House in Oklahoma, Corporation Commissioner Kim David says it shouldn’t stop her work as a state regulator. “As Chair of the Oklahoma Corporation Commission, I remain committed to ensuring the OCC continues its important work balancing the rights and interests …

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Scott Mitchell talks energy with Jerry Bohnen, oil and what a candidate suggests about data centers

https://www.facebook.com/reel/25686065564405294 The domino effect.  It’s the topic of energy conversation in our latest podcast of Mitchell talks energy with Jerry Bohnen. It’s not the game of dominoes….no, no, but what’s happening among state leaders in political circles and at least one of them is willing to give up a seat on the corporation commission in …

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Gain in oil and gas rigs in US but a small drop in Oklahoma

  The number of oil and gas rigs dotting the landscape of the U.S. increased in the past week, reaching a total of 553, reported Baker Hughes Co. in its latest weekly update. It showed a gain of 2 rigs including one more oil rig for a total of 412 oil rigs while the number …

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