Stating that 40 percent of the methane gas being ‘flared’ or burned off by oil companies on public lands could be captured economically and sold, the Obama administration wants to create new rules putting an end to the practice. A report by the Governm…
January 2016 archive
Secretive Energy Group Formed in Wake of Illegal Campaign Contributions
An investigation by the campaign watchdog group known a Open Secrets has revealed how some Oklahoma oil and gas producers became involved in a non-profit group that illegally funneled money to the failed 2014 U.S. campaign by former Oklahoma Speaker of…
Crude Surges Above $30 on Friday
Crude surged past the $30 a barrel mark on Friday. West Texas Intermediate crude for March delivery on the New York Mercantile Exchange added $2.66 to end trade at $32.19 a barrel. March Brent crude on the London ICE Futures Exchange gained $2.93 to se…
Completion Reports January 25 2016
00186_Completion_Reports_January_25_2016.htm
Permits to Drill January 25 2016
00185_Permits_to_Drill_January_25_2016.htm
SandRidge Energy Unloads Holdings in downtown OKC and West Texas
Two big financial announcements were made recently by financially-struggling SandRidge Energy, Inc. in Oklahoma City. On Friday, the company announced it and a third party agreed to settle all claims between them arising out of a 30-year agreement for …
Feds Settle Nuclear Violations with New Mexico
New Mexico has reached agreement with the federal government over February 2014 nuclear incidents at Carlsbad and the Los Alamos National Laboratory. The U.S. Department of energy agreed in the settlement to make $74 million in improvements at the Wast…
Rig Counts Fall Nationally—Fewer Oil Hands Working in the Cold
The rig count in Oklahoma remained steady at 87 in the past week while the nation’s count fell by 13 to reach a U.S. total of 637, according to the latest rig count from Baker Hughes Company based in Houston, Texas. It’s another indication there are fe…
Morrissette’s Earthquake Reparation Fund
Oklahoma City Rep. Richard Morrissette says the earthquake reparation fund he’s proposing to be financed by the oil and gas industry would be very much like the state’s tire indemnity fund.
It’s what he told OK Energy Today.
“We pay a dollar per used…
Judge Denies AG’s Request to have Consumers Pay for his Fight Against OGE Rate Request
Oklahoma Attorney General Scott Pruitt’s attempt to tack on $500,000 to the $92.5 million rate hike proposed by Oklahoma Gas and Electric so he can hire experts in opposing the request is being recommended for denial by an administrative law judge at t…