November 21, 2019 archive

Parents unable to stop fracking of well next to Banner school

The Oklahoma Corporation Commission has given approval to Chaparral Energy to begin fracking of a well drilled near a Banner community well in Canadian County. News 9 TV reported the approval came even though parents of school children opposed the well. Parents trying to keep a fracking operation away from their children’s school took their case …

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Devon leader warns drilling moratorium on federal lands will harm national economy

While environmentalists are critical of the recent leasing of federal land in Oklahoma and New Mexico by the U.S. Bureau of Land Management, one Oklahoma energy leader believes there are many obstacles before any fracking moratorium is enacted on federal land. And he says any drilling moratorium will hurt the nation’s economy. The belief comes …

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Analyst suggests oil prices have bottomed out and will rebound

  Oklahoma oilman Harold Hamm isn’t the only one predicting a rebound in the oil and gas industry in the coming months. So does Deutsche Bank analyst Chris Snyder, who according to Barron’s, believes stocks have bottomed out and will rise in 2020. Snyder especially believes the U.S. shale exploration, of which Oklahoma is a …

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