Legislators visit No Man’s Land

Rig Count Report

The nation’s oil and gas rig numbers took another decline in the past week and included a fall for the number of rigs in Oklahoma.Baker Hughes reported on Friday Oklahoma’s count dropped by two rigs, leaving 43 active oil and gas rigs. It compares to 51 rigs reported a year ago.

Energy sector a major employer in Okla., U.S.

From USA Facts In 2022, more people worked in the U.S. energy sector than in all federal and state governments combined.As of 2022, the energy sector had recovered 71% of the jobs lost in 2020’s pandemic-driven economic downturn.Energy sector jobs grew 3.8% from 2021 to 2022, outpacing overall U.S.

Energy/Business Briefs

From staff reports• Senate Energy Committee Chair Joe Manchin (D-W.Va.) on Wednesday joined Sen. Dan Sullivan (R-Alaska) and Rep. Garret Graves (R-La.

SandRidge Energy announces Q1 financial, operating report

From staff reports OKLAHOMA CITY – SandRidge Energy Inc. announced their financial and operational results for the threemonth period ending March 31, 2024.For the first quarter, the company’s net income was $11.1 million, with an adjusted net income of $8.4 million.

Vital Energy offsets loss with strong Permian Basin production

From staff reports Despite a net loss of $66.1 million or $1.87 per diluted share, Tulsa’s Vital Energy had record oil production in the first quarter of 2024, thanks to a sizeable drilling effort in the Permian Basin.Vital’s adjusted net income for the first quarter totaled $68.1 million or $1.

EIA predicts increased oil production but not gas production

From staff reports A new report suggests oil production will remain steady in the Anadarko Basin in June while its natural gas production will fall.The report from the U.S.

March pork exports steady with 2023

March exports of U.S pork remain steady with l ast year’s volume and edged higher in v alue, according to d ata released by the United States Department of Ag riculture and compiled by the U.S Meat Export Federation.Pork exports totaled 260,430 metric tons (mt) in March, up 0.

Cattlemen push against Fairness in Farming Act

From staff reports Tanner Beymer, Senior Director of Governmental Affairs at the National Cattlemen’s Beef Association, discussed the Opportunities for Fairness in Farming Act during the National Association of Farm Broadcasters’ Washington Watch Event last week.

Will robust exports that helped Q1 pork prices hold in spring, summer?

From staff reports Despite a higher slaughter/production rate, the first quarter pork exports saw a 1.7% decline in domestic availability.Pork exports are a key factor in the meat market, especially this year. In March, total exports were 621.