OK, OK, OK—we know there are many more important things for state legislators to be doing. But they did it anyway. They passed a bill designating the Rosette Nebula as Oklahoma’s astronomical object. All it needs is the governor’s signature. House Bill 1292 passed the Senate on a 31-12 vote. Rep. Nicole Miller, a Republican …
International oil prices hit a 2019 high in early Wednesday trading giving some hopeful signs to oil and gas producers. Brent crude rose above $72 a barrel in London and analysts gave credit to steady economic growth in China as well as a decline in U.S. crude stocks. The Brent crude futures were up …
Speculation grows over who might be next in the acquisition of those energy companies exploring the Permian Basin and the names of some Oklahoma firms are in the conversation. At least according to one writer for Forbes magazine. Contributor Robert Rapier discussed the issue following Chevron’s big purchase of Anadarko Petroleum announced last week. So …
A new report on America’s most endangered rivers does not include any in Oklahoma but it contends climate change is the top threat to the rivers and water supplies. The group American Rivers is out with its annual Most Endangered Rivers report stating that New Mexico’s Gila River is the No. 1 “most endangered” in …
Kansas is typical of states where the oil and gas drilling activity slipped in the past year due to lower oil and gas prices. The Red Top Rig Report published by the Independent Oil and Gas Service in Wichita, Kansas laid out the details this week, comparing rig activity so far in 2019 compared to …
Despite warnings that they will harm Colorado’s oil and gas industry, new tighter regulations have been signed into law by the state’s governor. Gov. Jared Polis signed into law a major overhaul of state oil and gas rules. “Today, with the signing of this bill, it is our hope that the oil and gas wars …
Texas-based Jones Energy, Inc., the firm with expansive drilling operations throughout the western reaches of Oklahoma and the Texas Panhandle formally filed for Chapter 11 bankruptcy reorganization this week. The firm listed liabilities ranging from $1 billion to $10 billion with assets totaling $1 million to $10 million. Documents also indicated the company has anywhere …
Energy Poverty. It’s what must be solved if there is ever going to be an end to global poverty. It’s the call from noted geologist Scott Tinker during an appearance this week at Oklahoma City University. He told an audience that access to all forms of energy is the key, according to a report from …
The number of Boeing workers at Tinker Air Force Base in Oklahoma City will likely remain high for the next ten years, thanks to a more than $14 billion contract awarded to the company by the Air Force. The $14.3 billion contract calls for Boeing to do work on the B-1 Lancer and the B-52 …
How healthy is the trucking business? Those J.B. Hunt trucks going up and down I-40 and I-35 in Oklahoma are bringing in some profits for the company based in Lowell, Arkansas. J.B. Hunt Transport Services Inc. reported this week its first quarter 2019 net earnings were $119.6 million or diluted earnings per share of $1.09. …