SandRidge Energy, Inc. announces acquisition of overriding royalty interests

  SandRidge Energy, Inc. announced the $4.85 million acquisition of all the overriding royalty interest assets of SandRidge Mississippian Trust I. The purchase price included $3.55 million net given the company’s 26.9% ownership of the Trust. SandRidge stated that in making the purchase, at the current strip and based on historical production trends, it believes …

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Highest paid linemen in America

  Those linemen and women who work atop transmission poles often times repairing downed lines during ice storms and thunderstorms make an average hourly mean wage across the nation of $74,410. A recent report showed Oregon was the highest-paying state for electrical power-line installers. The latest research from BLM, the average hourly mean wage for line …

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Citizen Energy plans more drilling in Grady County

  South Central Oklahoma will be the site of more drilling exploration by Citizen Energy III LLC and two other energy companies. The Tulsa-based company received two permits this past week for a two-well pad in Grady County. Two Todd wells will be drilled at 26 10N 5W, a site northeast of Tuttle and north …

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Rep. Lucas requests information on administration’s decision to halt use of J and J vaccine

Oklahoma congressman Frank Lucas was joined this week by another Republican on the House Committee on Science, Space, and Technology in demanding to know from the CDC and the Food and Drug Administration their scientific basis to pause use of the Johnson and Johnson COVID-19 vaccine. Rep. Jay Obernolte of California joined him in sending …

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Sens Inhofe and Lankford join others in introducing bill to counter what they call Biden’s liberal climate agenda

  Saying President Biden’s move to rejoin the Paris Climate accord will kill American jobs and is a liberal climate agenda, Oklahoma Sens. Jim Inhofe and James Lankford joined two other Republican Senators in introducing a bill to prevent new greenhouse gas emission rules. North Carolina Sen. Thom Tillis and Mississippi’s Cindy Hyde-Smith joined them …

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Oil increases while stockmarket sells off over word of Biden’s latest tax plan

  Biden’s latest tax plan, one unveiled Thursday sent shock waves through Wall Street where investors scrambled in a massive selloff of their stock. While the selloff was underway, crude oil prices managed a slight increase following Wednesday’s losses. West Texas Intermediate crude for June delivery rose 8 cents to $61.43 a barrel. Global benchmark …

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Saturday marks the start of mandatory 10 digit dialing in the 405

  Businesses and residents who have not yet prepared for 10-digit dialing of local calls within the 405 area code should do so now urged the Oklahoma Corporation Commission. Saturday is the day when 10-digit dialing for local 405 calls becomes mandatory, ending the period when local calls could be completed either with 7 digits …

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Lucas reacts to Endless Frontier Act: a flawed approach to driving American innovation

A plan largely drawn up by Democrats and the Biden administration called the “Endless Frontier Act” is criticized by Oklahoma Republican Rep. Frank Lucas as problematic and flawed. Lucas, the ranking Republican on the House Science, Space and Technology Committee immediately issued a statement after New York Democratic Sen. Charles Schumer announced the act saying …

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Research update on Oklahoma’s produced water

  A special series will be presented next month by researchers at Oklahoma State University and the University of Oklahoma to announce the results of the latest research into Oklahoma’s produced water from its oil and gas industry. Updates on this research will be the focus of a new seminar series coordinated by the Oklahoma …

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States move to regulate distributed solar power

  More and more states are taking steps related to the distribution of solar power and the policies that apply to it. As PV Magazine reported, Kansas was one of them where its Corporation Commission recently rejected a proposed minimum grid access charge requested by Evergy. The magazine also noted that more than 40 states …

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