April 2017 archive

Task Force Releases Report on Wastewater Disposal Alternatives

An Oklahoma water task force recently released a report offering alternatives for wastewater disposal from oil and gas operations in the state, according to a press release issued by the Oklahoma Water Resources Board on Wednesday. The 17-member Oklahoma’s Water for 2060 Produced Water Working Group – formed by Governor Mary Fallin in 2015 – …

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PSO Electric Bills Going Up as Utility Adjusts Fuel Factor

Customers of Tulsa-based Public Service Company of Oklahoma will pay more for electricity beginning in May as the utility adjusts its fuel factor to reflect higher prices for power and natural gas, according to a company press release issued Thursday. The fuel factor is based on predicted fuel and power costs. Since actual fuel costs …

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Oil and Natural Gas Futures Stumble on Thursday

Oil prices tanked on Thursday as domestic prices ended at their lowest settlement in a month and the nearing expiration of the Brent crude contract heightened volatility, according to Bloomberg MarketWatch. June West Texas Intermediate crude slid by 65 cents, or 1.3%, to settle at $48.97 a barrel on the New York Mercantile Exchange—the lowest settlement …

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Permits to Drill April 28, 2017

  Blaine County DR #1-1-36XH, April 27 2017 01 13N 13W SESESESE API: 01123790 Lat: 35.62398158865025, Long: -98.52676414132208 CONTINENTAL RESOURCES INC HH, DR, 24614 ft, WOODFORD(14583) Blaine County PORKCHOP 34-15N-11W #2H, April 27 2017 34 15N 11W SWSESWSW API: 01123789 Lat: 35.72586565207771, Long: -98.36391183279555 PALOMA OPERATING CO INC HH, DR, 16905 ft, MISSISSIPPI(11816) Canadian County …

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Completion Reports April 28, 2017

  BLAINE COUNTY Cimarex Energy Co Mississippi(11500): Oil 844 Gas 2805 Water 1490 Flow 20 15N 11W Calmus Bia 1h-2017x, April 10, 2017 HH, OIL, TD: 21536 ft Lat: 35.75476, Long: -98.39236 API: 35011237240000 CADDO COUNTY Territory Resources Llc Marchand(6765): Oil 110 Water 30 Pump 10 5N 9W Walker 2a-10, March 15, 2017 SH, OIL, …

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Florida Bill Moves Ahead on Out-of-State Fracking Charges

Word from the Associated Press indicates a Florida legislative committee gave approval this week to a bill allowing power companies to charge customers to fund out-of-state fracking projects. The bill would undo a 2016 Supreme Court ruling that said companies levying such charges were overstepping their authority. But the power companies contend the measure would …

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Democrats Blast Governor’s Gasoline Tax Hike Plan

State House Democratic leader Scott Inman, the announced candidate for governor,  knows he has Republican leadership in a bind in its efforts to raise the state’s gasoline tax. And this week, Rep. Inman used a service station near the State Capitol as the site to call for returning Oklahoma’s gross production tax on oil and …

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OK Legislative Leader’s Reversal on Gross Production Tax Irks OIPA

An Oklahoma state legislative leader is under fire by the Oklahoma Independent Petroleum Association for her recent participation in a State Capitol rally calling for a 250 percent increase in the gross production tax. Rep. Leslie Osborn – the Oklahoma House of Representatives Appropriation and Budget Chair – attended Wednesday morning’s rally sponsored by the …

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OKOGA Squares Off Again With OEPA on Gross Production Tax

As Oklahoma’s legislative leaders consider how to balance the state budget, two of the state’s leading energy associations sparred again on Wednesday over the gross production tax. The Oklahoma Energy Producers Alliance (OEPA) was scheduled to hold a press conference at the State Capitol on Wednesday morning to call for an increase in the state’s …

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Anadarko Shuts Down 3,000 Wells in NE Colorado Following Deadly Blast

Following a fatal home explosion, Texas-based Anadarko Petroleum Corporation will shut down nearly 3,000 vertical wells in northeastern Colorado, according to a report by The Denver Post. The massive fire occurred on April 17 in the suburban community of Firestone, Colorado, about 170 feet from a well drilled in 1993 and later acquired by Anadarko. …

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