August 1, 2016 archive

Will New Government Application Plan Solve Permit Issues in Osage County?

Whether it will result in a speedup of drilling requests in Oklahoma’s Osage County is a question that remains to be seen, but the government says it will adopt plans to reduce delays in permitting oil and gas drilling on federal and Indian lands. Technically, all of Osage County is considered to be under the control …

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Historic Low Quarterly Earnings Report at Exxon Mobil

It’s been 17  years since Exxon Mobil Corp has seen a quarterly report as weak as the one it just reported for the second quarter of 2016.  The company earned $1.7 billion but the earnings were down 59 percent from a year ago as Chairman and CEO Rex Tillerson said the results “reflect a volatile …

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Some in Congress Worry about Re-Listing Efforts for Prairie Chicken

Just when some Oklahoma energy producers thought they might not have to deal with federal rules and regulations covering the lesser prairie-chicken, now there’s word the government might re-list the animal under the Endangered Species Act. Oklahoma U.S. Reps. Frank Lucas, Tom Cole and Markwayne Mullin are among 14 who recently wrote U.S. Fish and …

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