Oklahoma Rig Count Shows Strength Amid National Growth The latest Baker Hughes rig report revealed that while U.S. drilling activity rose this week, Oklahoma’s oil and gas rig count stayed firm. The stability shows continued operational confidence in key Oklahoma energy plays despite shifting numbers nationwide. The Cana Woodford remained the most active play in …
Tag: oil and gas drilling
Shutdown Threatens U.S. Oil and Gas Permitting
Industry Leaders Warn of Delays in Federal Energy Permitting If the federal government shutdown continues much longer, its effects could extend far beyond Washington, D.C. — and deep into the U.S. oilfields. Industry officials say the stalemate is already threatening to slow or halt the approval process for oil and gas drilling permits on public …
Oklahoma Rig Count Rises as Cana Woodford Adds Drilling Rig
Cana Woodford Rig Count Rises Oklahoma’s oil and gas industry showed signs of renewed activity this week. According to the latest Baker Hughes Rig Count, the Cana Woodford play added one active drilling rig, pushing its total to 19 rigs. The increase marks a small but encouraging gain for one of the state’s most active …
Empire Petroleum Issues $4M Promissory Note
Empire Petroleum Secures $4 Million Financing Deal Empire Petroleum Corporation has entered into a new $4 million promissory note agreement with investor Phil E. Mulacek, according to the company’s latest SEC filing. The financing is aimed at supporting the company’s oil and gas drilling program and boosting working capital. Details of the Promissory Note from …