OklahomaMinerals.com
Oil & Gas News
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622Texas Oil Industry’s Record $26.3 Billion Tax Contribution
In 2023, Texas’ oil and natural gas industry set a historic benchmark by contributing $26.3 billion in state and local taxes and...
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621
Shell’s Net-Zero Path Aligns with Global Emission Goals
In the evolving landscape of global energy, the move towards net-zero emissions is becoming increasingly central to corporate strategies, particularly in the...
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659
Concerns Surge as U.S. Sells Off Critical Medical and Tech, Helium Reserve
The recent sale of the U.S. Federal Helium Reserve, a crucial source of the country’s helium supply, has sparked significant concern in...
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506
Texas Receives $80MM in Federal Funding to Plug Orphaned Oil Wells
The recent announcement of an $80 million federal funding allocation for Texas under President Biden’s Investing in America agenda marks a significant...
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693
Chill Factor: U.S. Records Third-Highest Natural Withdrawal Amid Arctic Freeze
The withdrawal follows the two largest in recent years: 359 Bcf in January 2018 and 338 Bcf in February 2021, the week...
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812
Biden Halts LNG Exports Review Amid Climate Concerns
The Biden administration, in a significant move towards environmental considerations, is set to pause the review of applications for exporting natural gas...
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761
Halliburton’s Optimistic 2024 Outlook Amidst Commodity Price Volatility
In a recent declaration that has resonated across the oil and gas sector, Halliburton, one of the industry’s leading oilfield service providers,...
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770
ExxonMobil Files Lawsuit Against Climate Proposal
In a move that could redefine corporate climate accountability, Exxon Mobil Corp has taken unprecedented legal action. The oil giant has filed...
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637
Bakken Oil Production Up Strongly Last Year
Story By Stephen Rassenfoss | Journal of Petroleum Technology | Oil production in the Bakken did something surprising last year—it grew. Forecasters...
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660
Hilcorp San Juan Agrees to Pay $34.6MM in Royalty Underpayment Settlement
In a significant development impacting the oil and gas industry, Hilcorp San Juan L.P., with operations spanning Aztec, New Mexico, and Houston,...
