The number of oil and gas rigs active in the U.S. dropped by 8 in the past week, reaching a new level of 805 while in Oklahoma, the count grew by one to hit 52 rigs. The Baker Hughes rig count showed the national count included a loss of 8 oil rigs to a total …
Despite the Christmas holiday travel, gasoline prices have held steady or slipped slightly in Oklahoma this week. AAA Oklahoma reports the statewide average of $2.23 per gallon is only one cent less than a week ago and six cents cheaper than one month ago. The national average of $2.55 remains the same as a week …
Production of unwanted natural gas is increasing the Permian Basin where new-well drilling activity is slowing. As a result of the glut of natural gas, profits are being undercut, putting more pressure from investors on the producers. As the wells age in the Permian, the production of natural gas increases while oil production slowly declines. …
When Congress took a break for Christmas and the New Year, it did so without more funding for the historic Route 66 that passes through Oklahoma and other states from Chicago to Los Angeles. As a result, cities and towns in Oklahoma and the other states through which the historic route passes will not get …
The Oklahoma chapter of the Sierra Club is making it clear it will continue to wage a fight against the state’s oil and gas industry in the new year. In a message to club members aking for more money, Oklahoma Chapter President Johnson Bridgwater vowed his group will “be stepping up and pushing back against …
A fight over whether large hog feed lots will contaminate water in two northwest Kansas counties has resulted in a judge declaring the state violated law by issuing permits for the hog operators. The ruling by a Shawnee County Judge in Topeka declared the Kansas Department of Health and Environment broke the law in granting …
Work is underway on the latest big wind farm to go up in eastern New Mexico, a 522-megawatt Sagamore Wind farm being built by Xcel Energy. The farm will boost the energy supply not only in eastern New Mexico but in West Texas and should be operational by the end of 2020. Xcel Energy will …
GR Companies Inc., considered to be a major cannabis operator in Oklahoma and ten other states has closed on the $24 million purchase of two properties from Innovative Industrial Properties Inc. in Pennsylvania and North Dakota. Innovative Industries Properties said they were two sale-leaseback transactions with subsidiaries of Grassroots and the properties comprise about 105,000 square …
Former Wyoming Gov. Matthew H. Mead has become a player in mining operations in his home state. He was appointed to the board of directors of Ciner Resource Partners LLC that operates the trona ore mining and soda ash production business in Wyoming. The operation is located in the Green River Basin and has existed …
The $295 million sale in which Houston’s Riviera Resources LLC is leaving the Hugoton Basin of Southwest Kansas should be finalized by now. Leaders of Riviera said last summer they expected the sale to be finalized by year’s end as the company cleaned its hands of nearly 4,000 wells in the basin. The new owner …