August 29, 2019 archive

New Mexico’s state budget “flooded” with oil and gas revenue from the Permian

Remember when the state government in Oklahoma was flush with money from oil and gas revenue?  Now New Mexico is in the same situation prompting one legislative leader to quip, “the future looks good for New Mexico.” And it’s all because of the oil and gas development growing in Southeastern New Mexico where part of …

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Kansas regulators investigating source of Hutchinson area earthquakes

The Kansas Corporation Commission has started an investigation to determine the cause of a string of strong earthquakes that Hutchinson earlier in August. The largest of the August 16 quakes was 4.2 magnitude, strong enough to be felt by residents in Ponca City, Oklahoma and Kansas City, Missouri. Windows were broken by the quake in …

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American Airlines adding 400 jobs to Tulsa maintenance center

The city of Tulsa got good news this week when American Airlines announced it would add 400 jobs to its maintenance operation where there are already 5,200 employees. The Tulsa World reports that additional maintenance work such as scheduled maintenance on the Boeing 787 fleet created a new for new positions at Tech Ops Tulsa. …

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Administration softens methane gas rules

Oil and gas companies would face looser controls on emissions of potent climate-changing methane gas under a proposal expected from the Trump administration this week, oil industry and environmental groups say.  The Associated Press reports the government’s plan would ease requirements on oil and gas sites to monitor for methane leaks and plug them. Reports …

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Federal study supports North Dakota’s challenge of Washington State’s tanker rules

A federal study examining the volatility of Bakken oil is giving North Dakota officials encouragement in their petition to overturn a Washington state law that targets oil train shipments. A study completed by Sandia National Laboratories concluded this month that “vapor pressure is not a statistically significant factor” in determining the fiery characteristics of oil train …

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IOGCC votes against Green New Deal

The Interstate Oil and Gas Compact Commission voted this week to oppose the Green New Deal pushed strongly by Democratic Presidential candidates and some members of the U.S. House. At the group’s annual meeting held in Medora, North Dakota, members supported a resolution offered by Texas Railroad Commission Chairman Wayne Christian. “Last week, Senator Bernie …

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Oil and gas counties have lowest jobless rates in Oklahoma

Oklahoma’s latest county-by-county unemployment figures show some of the state’s prolific oil and gas production counties also have some of the lowest jobless rates in the state. Counties that make up the STACK play include Blaine with a rate of 2.1%. Kingfisher County’s rate is 2.2% while the jobless rate in Canadian County is 3.0%. …

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Williams CEO to take part in Barclays conference

Among those to make presentations at next week’s 2019 Barclays CEO Energy-Power conference will be the president of Tulsa-based Williams Cos. Alan Armstrong, president and chief executive officer will make a presentation on Wednesday, Sept. 4 at 8:45 a.m. central time.   Presentations are made by energy firms seeking more investors.

More wells to be drilled in Continental Resources Springboard project

  Continental Resources is pushing ahead with its SCOOP SpringBoard project in a 73-square mile area of Grady County, filing permits this week for a 3-well pad site east of Chickasha. The permit to drill is for 3 Lambrecht 17-20XHW wells  at 17 7N 5W to be drilled east of Chickasha and southwest of Blanchard …

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PSO Announces Electric Transmission Line Improvements and Community Open House

  Public Service Company of Oklahoma and AEP Oklahoma Transmission Company plan to upgrade the electrical transmission system serving Osage and surrounding counties. The Eliza Creek-to-Shidler Transmission Line Rebuild Project involves upgrading approximately 41 miles of 138-kilovolt transmission line and associated substations along the line route. PSO invites community members and landowners to learn more …

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