2016 archive

More Oil Wells—More Wastewater in Alfalfa County

The northern Oklahoma region where earthquakes have become a daily part of the routine is seeing more and more oil and gas wells completed and made operational.
A check of the well completion reports published on OK Energy Today showed four more…

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More Oil Wells—More Wastewater in Alfalfa County

The northern Oklahoma region where earthquakes have become a daily part of the routine is seeing more and more oil and gas wells completed and made operational.
A check of the well completion reports published on OK Energy Today showed four more wells…

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Crude Tumbles as Sanctions Against Iran are Lifted

Just what the oil and gas industry in Oklahoma didn’t need—the huge release of Iran’s oil reserves on the world market. The lifting of U.S. sanctions over the weekend as part of the Obama administration’s nuclear deal with Iran immediately prom…

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Crude Tumbles as Sanctions Against Iran are Lifted

Just what the oil and gas industry in Oklahoma didn’t need—the huge release of Iran’s oil reserves on the world market. The lifting of U.S. sanctions over the weekend as part of the Obama administration’s nuclear deal with Iran immediately prompted o…

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Iran Prepares to Join Global Markets Sending Crude Below $30 on Friday

The imminent return of Iran’s oil to global markets sent crude prices below $30 on Friday. February West Texas Intermediate crude lost $1.78 to settle at $29.42 a barrel on the New York Mercantile Exchange. On the London ICE Futures Exchange, March Bre…

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Williams Board of Directors Emphasizes Commitment to Merge with ETE

Responding to the recent reports of the deal between Williams Companies and Energy Transfer Equity L.P. as shaky, Williams Board of Directors underlined their commitment to the deal. Calling the media reports market speculation, the Board made the move…

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Permits to Drill January 18 2016

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Lawsuit Challenges Williams’ Merger

While speculation mounts whether the merger between Williams Cos. in Tulsa and Energy Transfer Equity in Dallas might fall apart, a shareholder in the Tulsa-based Willias Cos. has filed a class-action lawsuit against both firms. It was filed by John Bu…

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Massive Increase in Injection Well Use in Oklahoma in Past 6 Years

Records show the volume of wastewater from oil and gas wells in Oklahoma rose 81 percent in the past six years, according to a report in The Tulsa World. The paper found that the amount of wastewater injected into the Arbuckle, the state’s deepest geol…

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Taxbreaks for Homeowners Harmed by Man-Made Earthquakes

State Rep. Mike Shelton, (D-OKC) figures if the oil and gas industry gets huge tax breaks from the Oklahoma legislature, then homeowners who bought insurance because of earthquakes should get a break too.
He plans to file such a bill in the coming leg…

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