Author's posts
Continental Resources ahead of the game?
The decision by Oklahoma’s Continental Resources to double down on its commitment to drilling in Argentina shows the reported competition by oil and gas companies to explore the country’s Vaca Muerta shale basin. It also reveals Continental just might have an edge in the international competition for the South American shale play. OilPrice.com reports the …
Energy briefs
** Oil prices climbed in early Asian trade on Monday as drone attacks on both the UAE and Saudi Arabia further dimmed hopes of any de-escalation in the region. The lack of a breakthrough on an Iran agreement during Trump’s visit to China also added to upward pressure for oil prices, with fears of major global …
Rig count gains in Oklahoma
The nation’s number of active oil and gas rigs increased in the past week and Oklahoma saw a gain as well, according to the latest Rig Count released by the Baker Hughes Co. The US count rose by 3 to reach 551 rigs while Oklahoma’s total grew by one to hit 45 active rigs in …
Mammoth Energy drops accounting firm
Something prompted Mammoth Energy Services to drop a national accounting firm and go with another. Mammoth’s Audit Committee of the Board of Directors approved dismissal of Deloitte & Touche LLP as the firm’s independent registered public accounting firm. It informed Deloitte of the dismissal on May 13. A company statement indicated there were no disagreements …
Rig count gains in Oklahoma
The nation’s number of active oil and gas rigs increased in the past week and Oklahoma saw a gain as well, according to the latest Rig Count released by the Baker Hughes Co. The US count rose by 3 to reach 551 rigs while Oklahoma’s total grew by one to hit 45 active rigs in …
Lithium refiner updates finances
While it lost more than $5 million in the first quarter of 2026, lithium developer Stardust Power Inc. reported it is making headway in deploying capital toward engineering and readiness of its refining plant at Muskogee. “We made meaningful progress this quarter advancing the Muskogee refinery across key workstreams, including permitting, financing and feedstock development,” …
Oil surges along with Trump’s impatience with Iran
The markets reacted Friday to the growing tension and unrest on the U.S. efforts to reach a peace deal with Iran and crude oil prices surged with gains of 4% to 5%. President Trump’s latest comments showed he is growing impatient with Iran. “I am not going to be much more patient,” Trump said in …
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