Environmentalists push for even greater drilling setbacks in Colorado

The oil and gas industry in Colorado could face even stricter drilling setback requirements if an environmental group gets its way. Colorado Rising, described as a grassroots anti-fracking group has filed six ballot measures with the secretary of state. Five of the measures would increase setbacks between drilling rigs and homes up from the baseline …

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Frack-sand conveyor belt proposed in New Mexico

A frack-sand company in the Permian Basin of southeast New Mexico has proposed a more than 16-mile long conveyor system to move fracking sand from a Texas mining site to New Mexico. The plan by Atlas Sand Company would move the sand in a covered overland conveyor belt system in Loving County, Texas to the …

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World’s oil and gas rig count increased in December

Baker Hughes announced that the Baker Hughes international rig count for December 2019 was 1,104, up 8 from the 1,096 counted in November 2019, and up 79 from the 1,025 counted in December 2018. The international offshore rig count for December 2019 was 257, up 10 from the 247 counted in November 2019, and up 23 from the 234 counted in December 2018. The average …

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Who in Congress owns oil and gas stocks?

A new study shows one in four members of Congress admits to owning shares in the oil and gas industry. It totals $93 million in shares according to Sludge, the investigative journalism group that likes to ‘follow the money.’ Climate scientists predict climate change will have catastrophic effects in the coming decades if drastic action …

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Koch Fertilizer changing ammonia transportation methods

The Oklahoma Department of Environmental Quality is considering air permit requests of some industrial operations including one by the Koch Fertilizer in Enid. Koch recently learned that the ammonia pipeline used to ship some of the ammonia from the plant located 5 miles east of Enid will soon be permanently shut down. The line is …

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Devon prepares to release 4Q earnings report

Oklahoma City’s Devon Energy Corp. announced plans to report its fourth-quarter and full-year 2019 results on Tuesday, Feb. 18, after the close of U.S. financial markets. The earnings release and operations report for the fourth-quarter and full-year 2019 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Feb. 19, the company will hold …

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Nice find for Red Wolf Operating in the SCOOP

  The efforts of Oklahoma City-based Red Wolf Operating LLC in the greater SCOOP/STACK/Merge play areas  have resulted in five sister wells producing nearly 3,200 barrels of oil a day. Completion reports filed this week with the Oklahoma Corporation Commission show Red Wolf Operating drilled five wells on a single pad at 27 6N 6W …

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Inhofe says Iran doesn’t have resources for all-out war

While millions wonder if Iran and the U.S. will actually engage in an all-out war, Oklahoma U.S. Sen. James Inhofe doesn’t think it will happen. In an interview on Fox News, the Republican chairman of the Senate Armed Services Committee explained Iran doesn’t have the resources for such a violent effort against U.S. forces. “First …

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Former OU President buys $27 million Colorado ranch

The former oil and gas executive who was the 14th President of the University of Oklahoma is back in the news.  No, not for another public spat with former OU PResident and US Senator David Boren over University finances. This time, James L. Gallogly has made the news for his $27 million purchase of a …

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Energy news in brief

** Chevron said Monday it will pull its employees out of Iraq temporarily amid an escalation in tensions following the United States’ targeted killing of Iran’s top military general. Chevron said it was evacuating its workers and contractors from the Kurdistan Region in northern Iraq after the U.S. State Department urged Americans to flee Iraq because of …

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