June 2016 archive

Tulsa Driller Files Suit over Earthquake Insurance Coverage

Facing five lawsuits and being accused of causing earthquakes in the state, Tulsa-based New Dominion LLC has gone to court against underwriters Lloyd’s of London. The company filed suit in Tulsa County District court claiming the company and Mark Tedford and his firm, Tedford & Associates LLC misled the firm about earthquake damage and whether …

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Chicago Residents Say Koch Industries Settlement Not Enough

A few months after Wichita-based Koch Industries agreed to a tentative settlement in a 2013 class action lawsuit over its storage of oil refining byproducts in Chicago, homeowners are asking a federal judge to turn down the $1.4 million in settlements. In a filing this week, 20 of the plaintiffs who live in neighborhoods on …

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White House calls Judge’s Fracking Ruling a “temporary setback”

The Obama administration is not happy after a Wyoming federal judge ruled against hydraulic fracturing rules created by the Bureau of Land Management covering oil and gas drilling on federal and Indian lands. A spokeswoman defended what she called “modernized fracking requirements” and said they “are aimed at ensuring adequate well control, preventing groundwater contamination …

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Drought Not Quite Exists in the State

The latest Drought Monitor shows Oklahoma has yet to return to a drought but 17 percent of the state is listed as “abnormally dry.” The abnormally dry areas are in north central, north east and east central Oklahoma. “But the rainfall statistics over the last 60 days probably warrant drought designation justification,” said Gary McManus, …

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Another Week—-Another Court Ruling Against Obama Administration’s Environmental Efforts

“Another week, another court ruling against the Obama administration,” is the reaction of U.S. Sen. James Lankford to a federal judge’s ruling this week that the federal government could not create rules banning fracking on federal and Indian lands. “This is something already regulated by the states,” said the Senator in an interview with OK …

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Rep. Morrissette Bows Out of Oklahoma Corporation Commission Race

Term-limited state Rep. Richard Morrissette (D-Oklahoma City) announced on Wednesday that he is withdrawing as a candidate for the Oklahoma Corporation Commission. The south Oklahoma City legislator and lawyer indicated his father’s recent death “had a bigger effect on my life than I thought it would,” according to an email statement issued by his campaign. …

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Crude Oil Futures Fall on Wednesday While Supplies Remain Replete

Oil futures settled below $50 a barrel on Wednesday as a weekly government report revealed a plateau in crude oil inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude shed 72 cents, or 1.4%, to end trading at $49.13 a barrel, falling from $50.18 a barrel before release …

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Completion Reports June 23, 2016

CANADIAN COUNTY Cimarex Energy Co Mississippi Solid: Oil 184 Gas 2182 Water 1868 Flow 20 14N 9W Sims 1h-2017x, May 08, 2016 HH, OIL, TD: 21186 ft Lat: 35.66803, Long: -98.17891 API: 35017248850000 Cimarex Energy Co Mississippian- Woodford: Oil 53.44 Gas 2971 Water 174 Flow 3 13N 10W Golden 1-3h, September 24, 2015 HH, GAS, …

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Permits to Drill June 23, 2016

Canadian County DIVIDE-CLARK 28_21-14N-6W #1HX, June 22 2016 33 14N 6W NENWNWNW API: 01724913 Lat: 35.65221139186979, Long: -97.85014310521616 DEVON ENERGY PRODUCTION CO LP HH, DR, 19128 ft, WOODFORD(8533) Kingfisher County COOKSHACK 4-16N-7W #1H, June 22 2016 04 16N 7W SWSWSESE API: 07325325 Lat: 35.88641634486723, Long: -97.94545876007307 DEVON ENERGY PRODUCTION CO LP HH, DR, 11879 ft, …

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President Signs First Major Environmental Reform in More than 25 Years

Oklahoma U.S. Sen. Jim Inhofe calls the Toxic Substance Control Act long overdue and also the first major environmental reform to be enacted in over a quarter century. It is the Frank Lautenberg act nursed through committee by the Senator and others and was signed into law Wednesday by President Obama. It was January 9, 2015 when …

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