Like Oklahoma, the state of Kansas is also experiencing a drop in earthquakes linked to wastewater injection wells. But as The Hutchinson News reported recently, geologists and experts in Kansas also note some other changes about the quakes. They have found there are more earthquakes located away from the wastewater injection wells and there is …
April 2017 archive
NARO Convention to Feature Earthquakes, Oklahoma History and Legislative Update
The 2017 OK NARO convention is set to begin in about a week in Norman. Jay Freede with the Oklahoma chapter of the National Association of Royalty Owners said the event will begin with a social gathering Wednesday evening on April 19 at Devon Tower’s Vast Restaurant. But the rest of the events will be …
Importance of Gross Production Tax on Oil and Gas in Oklahoma
State Treasurer Ken Miller devotes most of his April Oklahoma Economic Report on the gross production tax and the impact of the rates as well as the energy downturn. “In the past five years, the effective tax rate on Oklahoma crude oil and natural gas gross production has been cut in half,” started Miller. His …
Fracking Fight Moves to Montana Legislature
Advancing in the Montana legislature…a bill to make oil and gas developers justify and get state approval in order to keep secret the chemicals used in hydraulic fracturing. Under the bill, companies have to submit their requests for confidentiality and a $25 feet to the Montana Oil and Gas Conservation Board. It would not be …
Pruitt Keeps Busy Meeting Governors and Others
As Politico’s Morning Energy reports, EPA Administrator and former Oklahoma Attorney General Scott Pruitt’s had face-to-face meetings with 17 governors, state and regional environmental officials and five congressional lawmakers. The five in congress are Rep. Lamar Smith who chairs the U.S. House Science Committee, Rep. David McKinley and Sens. Shelley Moore Capito, Luther Strange and …
Coal Industry in Talks for A New Coal Plant
President Trump’s recent move to roll back clilmate regulations on fossil fuels has prompted the American Coalition for Clean Coal Electricity to start talks about building a new coal plant somewhere in the U.S. Paul Bailey, ACCCE’s President and CEO said the talks are being held with an “unnamed state’s governor and lawmakers” about …
Auditor Wants 5% Tax on Oil and Gas—-and Wind
Oklahoma state Auditor Gary Jones has a plan to do something about Oklahoma’s budget problems and it revolves around the number ‘5’. He’s proposing a 5% gross production tax on oil and gas……and on wind production. And he says it’s time there was a moratorium tax credits made by the state. “We need to correct …
Federal Appellate Court Reverses US EPA Air Pollution Rule for Farmers
Environmentalists claimed a victory on Tuesday as an appeals court unanimously reversed a Bush-era farm pollution rule. In a 3-0 ruling, the U.S. Court of Appeals for the D.C. Circuit held that the U.S. Environmental Protection Agency exceeded its authority through rewriting the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) – aka Superfund — …
WTI, Brent Crude Post Sixth Consecutive Gains on Tuesday
Crude oil futures finished higher on Tuesday, marking a sixth straight session gain as prices were buoyed by the possibility of extending OPEC’s production curb agreement, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude futures climbed 32 cents, or 0.6%, to settle at $53.40 a barrel. On the London …
Permits to Drill April 12, 2017
Blaine County IGUANA 11-17N-10W #1H, February 28 2017 14 17N 10W NENENENW API: 01123751 Lat: 35.95595259309128, Long: -98.23752712547521 DEVON ENERGY PRODUCTION CO LP HH, AM, 14341 ft, MISSISSIPPIAN(8129), WOODFORD(9404) Creek County STROUD PRUE SAND UNIT TR14 (WEBB 1-8) #8, April 11 2017 08 14N 7E NWSWNESW API: 03728604 Lat: 35.70168088756024, Long: -96.59585213112192 ROVER OPERATING …