With oil prices hovering right around $53 a barrel for West Texas Intermediate, the rig counts in Oklahoma and across the U.S. are up over the past week. Baker Hughes Company in Houston reports Oklahoma’s count grew by two to reach 86. A year ago, the statewide count was 87. Nationally, the rig count grew …
Oklahoma’s latest jobless figures show the state’s economy is still struggling with the impact of what happened starting two years ago to the oil and gas industry. Rates went up in 59 of Oklahoma’s 77 counties in November according to the Employment Security Commission and the November rate was 5.1 percent. “We saw unemployment rates …
Former White House Counsel C. Boyden Gray says Oklahoma Attorney General Scott Pruitt is the right person to lead the U.S. Environmental Protection Agency. Writing in the Washington Examiner, Gray said it’s time for Donald Trump’s EPA pick to rein in the EPA. “Instead of sensibly enforcing laws and regulations already on the books, EPA …
Knowing that education is as important in oil and gas as it is to the wind industry, the governor has announced a goal in Oklahoma to increase post-secondary education and training attainment. Called Launch Oklahoma, Gov. Mary Fallin’s new goal is 70 percent of Oklahoma’s residents, ages 25-to-64 to complete a postsecondary degree, certificate or …
When it comes to the change of leadership at the White House and how it might affect the nation’s oil and gas industry, the head of the Consumer Energy Alliance says there definitely is “optimism” in the industry. It’s what Tommy Foltz, Executive Director of the CEA said in a recent interview with OK Energy …
Another down week for the nation’s ethanol production. The Energy Information Administration says it was down about 8,000 barrels a day from the previous week. Production averaged 1.028 million barrels a day which translates into 43.18 million gallons daily. However, the four-week average for ethanol production was an all-time high of 1.032 million barrels a …
Six Democrats on the U.S. Senate Environment and Public Works Committee chaired by Oklahoma U.S. Sen. Jim Inhofe are going after Attorney General Scott Pruitt for his role in leading a nonprofit group that received money from an arm of the Koch brothers’ network. But they are also being called hypocrites from at least one …
Oklahoma’s oil and gas industry won’t like what former longtime state legislator Jerry Ellis of Valliant is suggesting. A cut in exemptions for the industry. Speaking out this week on the state’s budget crisis, the former Democratic Representative and Senator said it should be considered among the actions to be taken by the legislature …
BLAINE COUNTY Continental Resources Inc 4 14N 13W Nw Cowan 1-4-9xh, October 26, 2016 HH, GAS, TD: 23294 ft Lat: 35.72440, Long: -98.59568 API: 35011235600000 CANADIAN COUNTY Devon Energy Production Co Lp 26 13N 9W Hobson 26-13n-9w 4h, December 02, 2016 HH, GAS, TD: 17358 ft Lat: 35.56649, Long: -98.13217 API: 35017247980000 DEWEY COUNTY …
As the year 2016 ends, it will serve as a reminder of the continuing plague of bankruptcies by energy firms throughout Oklahoma, Texas and other energy-producing states. The year proved to be a tough one for some of the energy firms, although not quite as severe as 2015. There were 232 bankruptcy filings in the …